ASSEMBLY, No. 1556

STATE OF NEW JERSEY

222nd LEGISLATURE

 

PRE-FILED FOR INTRODUCTION IN THE 2026 SESSION

 


 

Sponsored by:

Assemblyman CLINTON CALABRESE

District 36 (Bergen and Passaic)

 

 

 

 

SYNOPSIS

     Authorizes State Treasurer to sell as surplus certain real property and improvements in Borough of Lodi in Bergen County.

 

CURRENT VERSION OF TEXT

     Introduced Pending Technical Review by Legislative Counsel.

  


An Act authorizing the State Treasurer to sell certain surplus real property and improvements owned by the State in the Borough of Lodi, Bergen 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 Military and Veterans Affairs, is authorized to sell and convey to the County of Bergen as surplus real property, all of the State’s right, title, and interest in and to the property known as the Lodi Armory, in the Borough of Lodi, Bergen County, which contains 4.01± acres of land and improvements situated on Block 286, Lot 1.01 on the tax map of the Borough of Lodi.  The property to be sold and conveyed has been declared surplus to the needs of the State.

     b.  As a condition of the sale and conveyance of the Lodi Armory to the County of Bergen, the County of Bergen shall agree to lease to the State, through the director of the Division of Property Management and Construction in the Department of the Treasury, approximately 6,000 square feet and a number of parking spaces, not to exceed 45, subject to an agreed upon lease by both parties, from the building contained within the property which will be known as the “Motor Vehicle Storage Building.”

     c.  The sale and conveyance authorized by 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

 

     The bill authorizes the State Treasurer, on behalf of the Department of Military and Veterans Affairs, to sell and convey to the County of Bergen all of the State’s rights, title, and interest within the Lodi Armory in the Borough of Lodi, Bergen County a 4.01± acres parcel of land and all improvements.  The property has been declared to be surplus to the needs of the State. 

     The State House Commission will set the terms and conditions of sale.  The property has been appraised and negotiated to be sold at a price of $4,100,000 as a direct sale to the County of Bergen.

     As a condition of the sale, the county is required to lease back to the State approximately 6,000 square feet and a number of parking spaces, not to exceed 45, from the building within the property which will be known as the “Motor Vehicle Storage Building.