An Act authorizing the State Treasurer to sell certain surplus real property and improvements owned by the State in the Township of Hillsborough, County of Somerset.
Be It Enacted by the Senate and General Assembly of the State of New Jersey:
1. a. The Department of
the Treasury, on behalf of the Department of Children and Families, is
authorized to sell and convey, as surplus real property, all of the State's
right, title, and interest in and to the property located at 1600 Brooks
Boulevard, the former Hillsborough Social
Services Office, in the Township of Hillsborough, County of Somerset,
which contains 4.30
acres of land and improvements also known as Block
65.04, Lot 2.01 on the tax map of the Township of Hillsborough. The property
shall be sold and conveyed to the Borough of Manville, County of Somerset, for
the appraised value of $870,000. If the sale to the Borough of Manville does
not occur, the Department of the Treasury shall sell and convey the property to
the highest bidder through Internet auction with the appraised value of
$870,000 as the minimum bid price.
b. The sale and conveyance authorized by subsection a. of this section shall be executed in accordance with the terms and conditions approved by the State House Commission.
2. This act shall take effect immediately.
STATEMENT
This bill authorizes the State
Treasurer, on behalf of the Department of Children and Families, to sell and
convey property located at 1600 Brooks Boulevard in the Township of Hillsborough, Somerset County.
The property contains 4.3 acres of land and improvements. The property is to
be sold to the Borough of Manville for the appraised value of $870,000. If the
property is not sold to the borough, then the property is to be sold through an
Internet auction, with a minimum bid price of $870,000.
The property is considered surplus to the needs of the State.
The State House Commission will set the terms and conditions of the sale and conveyance.
The property is the former site of the Hillsborough Social Services Office of the Department of Children and Families. The property is next to the Manville High School.