Bill Text: NJ S4201 | 2022-2023 | Regular Session | Introduced
Bill Title: Authorizes State Treasurer to sell as surplus certain real property and improvements in Township of Woodbridge in Middlesex County.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced - Dead) 2024-01-08 - Substituted by A5828 [S4201 Detail]
Download: New_Jersey-2022-S4201-Introduced.html
Sponsored by:
Senator JOSEPH F. VITALE
District 19 (Middlesex)
SYNOPSIS
Authorizes State Treasurer to sell as surplus certain real property and improvements in Township of Woodbridge in Middlesex County.
CURRENT VERSION OF TEXT
As introduced.
An Act authorizing the State Treasurer to sell certain surplus real property and improvements owned by the State in the Township of Woodbridge, Middlesex County.
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 Corrections, is authorized to sell
and convey, as surplus real property, a portion of the State's interest within
the former Woodbridge Development Center property located at 1291 Rahway Avenue in the Township of
Woodbridge, County of Middlesex, which contains 2.321 acres of two non-contiguous lands and improvements thereon
also known as Block 867, Lot 1.012. The property shall be sold and conveyed to
the Township of Woodbridge for the appraised value of $910,000.
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
Treasure to sell and convey a portion of the State's interest within the former
Woodbridge Development Center property located at 1291 Rahway Avenue in the
Township of Woodbridge, Middlesex County. The State will sell two
non-contiguous parcels and improvements thereon containing 2.321 acres.
The State will sell the property to the Township of Woodbridge for the appraised value of $910,000.
The property is considered surplus to the needs of the State.
The State House Commission will set the terms and conditions of the sale.
In 2018, the State House Commission approved the sale of a portion of the former site of the Department of Correction's Woodbridge Development Center property to the Township of Woodbridge. The current sale will subdivide the Power Plant Parcel of the former site so that the State retains the central portion of the parcel and certain rights and the Township of Woodbridge acquires the northern and southern portion of the parcel.