Bill Text: NJ S3824 | 2018-2019 | Regular Session | Introduced
Bill Title: Authorizes State Treasurer to sell surplus real property located in City of Trenton, Mercer County.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced - Dead) 2019-06-20 - Substituted by A5381 [S3824 Detail]
Download: New_Jersey-2018-S3824-Introduced.html
Sponsored by:
Senator SHIRLEY K. TURNER
District 15 (Hunterdon and Mercer)
SYNOPSIS
Authorizes State Treasurer to sell surplus real property located in City of Trenton, Mercer 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 City of Trenton, County of Mercer.
Be It Enacted by the Senate and General Assembly of the State of New Jersey:
1. a. The Department of the Treasury is authorized to sell and convey, as surplus real property, all of the State's right, title, and interest in the property formerly known as the Mill Hill Processing Center and the Van Sciver building, consisting of 0.86+- acres of land and improvements thereon, located at Block 9501, Lots 17 and 17.01, in the City of Trenton, County of Mercer, which land and improvements have been declared surplus to the needs of the State.
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 to sell and convey all of the State's right, title, and interest in the property formerly known as the Mill Hill Processing Center and the Van Sciver building, consisting of 0.86+- acres of land and improvements located at Block 9501, Lots 17 and 17.01, in the City of Trenton, County of Mercer. The Mill Hill Processing Center, formerly the Van Sciver Furniture Store, is three stories and roughly 76,000 square feet. The property is considered to be part of Downtown Trenton and located in the Mill Hill Historic District, which was added to the National Register of Historic Places in 1977. The property has been declared surplus to the needs of the State and was sold via Internet auction for $800,000 in accordance with the terms and conditions approved by the State House Commission.
