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NJ S4737
Bill
Status
1/12/2026
Primary Sponsor
Paul Sarlo
Click for details
AI Summary
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Authorizes the Department of the Treasury to sell the Lodi Armory, a 4.01-acre property with improvements located on Block 286, Lot 1.01 in the Borough of Lodi, Bergen County, which has been declared surplus to State needs
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Sale price negotiated at $4,100,000 as a direct sale to the County of Bergen, with terms and conditions to be set by the State House Commission
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Requires the County of Bergen to lease back approximately 6,000 square feet and up to 45 parking spaces from the "Motor Vehicle Storage Building" on the property to the State
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Property transfer involves the Department of Military and Veterans Affairs relinquishing the State's right, title, and interest in the former armory
Legislative Description
Authorizes State Treasurer to sell as surplus certain real property and improvements in Borough of Lodi in Bergen County.
Bills and Joint Resolutions Signed by the Governor
Last Action
Approved P.L.2025, c.217.
1/12/2026