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Bill > A3946
NJ A3946
NJ A3946Authorizes State Treasurer to sell as surplus certain real property and improvements in Township of Hillsborough in Somerset County.
summary
Introduced
03/04/2024
03/04/2024
In Committee
03/14/2024
03/14/2024
Crossed Over
Passed
Dead
01/12/2026
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)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.njleg.state.nj.us/bill-search/2024/A3946 |
| BillText | https://pub.njleg.gov/Bills/2024/A4000/3946_R1.HTM |
| Analysis - Statement AAP 3/14/24 | https://pub.njleg.gov/Bills/2024/A4000/3946_S2.PDF |
| Analysis - Statement ASL 3/11/24 | https://pub.njleg.gov/Bills/2024/A4000/3946_S1.PDF |
| BillText | https://pub.njleg.gov/Bills/2024/A4000/3946_I1.HTM |
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