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Bill > A3946


NJ A3946

NJ A3946
Authorizes State Treasurer to sell as surplus certain real property and improvements in Township of Hillsborough in Somerset County.


summary

Introduced
03/04/2024
In Committee
03/14/2024
Crossed Over
Passed
Dead
01/12/2026

Introduced Session

2024-2025 Regular Session

Bill Summary

Authorizes State Treasurer to sell as surplus certain real property and improvements in Township of Hillsborough in Somerset County.

AI Summary

This bill authorizes the New Jersey Department of the Treasury, on behalf of the Department of Children and Families, to sell a 4.30-acre property located at 1600 Brooks Boulevard in Hillsborough Township, Somerset County, as surplus real estate. The property, known as the former Hillsborough Social Services Office, is to be sold to the Manville Board of Education for the appraised value of $870,000. If the sale to the Manville Board of Education does not occur, the property will be sold through an Internet auction with a minimum bid price of $870,000. The sale and conveyance must be executed in accordance with the terms and conditions approved by the State House Commission.

Committee Categories

Budget and Finance, Government Affairs

Sponsors (3)

Last Action

Substituted by S1644 (1R) (on 03/18/2024)

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