New Jersey 2024 2024-2025 Regular Session

New Jersey Senate Bill S1644 Comm Sub / Analysis

                       
SENATE, No. 1644   
 
STATE OF NEW JERSEY 
221st LEGISLATURE  
   
PRE-FILED FOR INTRODUCTION IN THE 2024 SESSION 
 
 
Sponsored by: 
Senator  ANDREW ZWICKER 
District 16 (Hunterdon, Mercer, Middlesex and Somerset) 
 
 
 
 
SYNOPSIS 
 Authorizes State Treasurer to sell as surplus certain real property and 
improvements in Township of Hillsborough in Somerset County.  
 
CURRENT VERSION OF TEXT 
 As reported by the Senate State Government, Wagering, Tourism & Historic 
Preservation Committee with technical review. 
      
S1644 ZWICKER 
2 
 
 
AN ACT authorizing the State Treasurer to sell certain surplus real 1 
property and improvements owned by the State in the Township 2 
of Hillsborough, County of Somerset. 3 
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 BE IT ENACTED by the Senate and General Assembly of the State 5 
of New Jersey: 6 
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 1. a. The Department of the Treasury, on behalf of the 8 
Department of Children and Families, is authorized to sell and 9 
convey, as surplus real property, all of the State’s right, title, and 10 
interest in and to the property located at 1600 Brooks Boulevard, 11 
the former Hillsborough Social Services Office, in the Township of 12 
Hillsborough, County of Somerset, which contains 4.30± acres of 13 
land and improvements also known as Block 65.04, Lot 2.01 on the 14 
tax map of the Township of Hillsborough. The property shall be 15 
sold and conveyed to the Borough of Manville, County of Somerset, 16 
for the appraised value of $870,000.  If the sale to the Borough of 17 
Manville does not occur, the Department of the Treasury shall sell 18 
and convey the property to the highest bidder through Internet 19 
auction with the appraised value of $870,000 as the minimum bid 20 
price.   21 
 b. The sale and conveyance authorized by subsection a. of this 22 
section shall be executed in accordance with the terms and 23 
conditions approved by the State House Commission. 24 
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 2.  This act shall take effect immediately. 26