Bids Due by 2 pm, May 3, 2024

Detail News:

CITY OF BURLINGTON
NOTICE OF PRIVATE LAND SALE

Notice is hereby given in accordance with N.J.S.A. 40A:12-13(b) that the City Common Council of the City of Burlington, Burlington County, New Jersey will offer to sell at a private sale to the highest bidder on ​May 3, 2024,​ at ​2 p.m.., prevailing time, at City Council Chambers, City Hall, 525 High St., Burlingotn, NJ , the tracts of land situated in the City of Burlington, County of Burlington and State of New Jersey, as described in Schedule “A”.

All bids will be received at ​      2 p.m. on May 3, 2024,​ at which time bids will be publicly opened and read aloud at Council Chambers in City Hall, Attention Burlington City Clerk, indicating the bidders name, address, property tax block and lot and amount of bid.  The City shall accept offers/bids from contiguous property owners from the date of the newspaper advertisement ending at 11:59 p.m. on April 11, 2024 ​.

Any buildings on premises shall, within 120 days of City providing title, be properly demolished, meet appropriate Building and Health Codes, or subdivided as the case maybe.

Said properties are being offered for sale to contiguous property owners as either undersized, landlocked, or otherwise restricted lots unable to separately developed with the condition that the municipality is issuing no representations or warranties as to the ability or advisability of building or constructing improvements on said property or utilities including but not limited to sewer and water availability to or for the property.  The successful bidder is solely responsible for obtaining any and all necessary local, county or state permits and/or approvals including but not limited to New Jersey Pinelands Commission and New Jersey Department of Environmental Protection to construct an improvement on the property.  In addition, no representation is made as to any environmental conditions that may effect the property including but not limited to the presence of wetlands.  The Citymakes no representation as to any previous use of the property and does not guarantee clear title to the property.

The City reserves the right at any time prior to confirmation of the sale made hereunder, to reject any and all bids, even if the bid meets or exceeds the minimum bid required.

All bids shall be referred to the Burlington City Common Council for review and final approval which shall be by Resolution not later than at the second regular meeting of the Mayor and City Common Council of the City of Burlington following the sale.

The successful bidder shall be required to pay all conveyance expenses including legal fees and advertising costs, and to provide at its own expense a title search and legal description to the City for preparation of the Deed of Conveyance by the City.

The minimum purchase price for each lot and all other conditions of sale are described in Schedule “A” attached hereto.

A Bargain and Sale Deed will be the document of conveyance and no warranties or representations as to title are made by the City.  If, however, the City is unable to convey marketable title, the private sale shall be null and void and of no further effect. In addition, any deposit monies received pursuant to this bidding procedure shall be returned.  

The confirmation of the sale by the City Common Council shall be a complete acceptance of the bid and, thereafter, within thirty (30) days from said confirmation, settlement must be completed.  In the event of default by the successful bidder to complete settlement within the time allowed, the bid shall be rescinded, all rights of the successful bidder shall be terminated, and the down payment shall be forfeited to the City. Said time period may only be extended for good cause documented to and approved by the City.

A deposit not exceeding ten percent (10%) of the minimum bid price of the tract of land on which the bid is submitted shall be paid by the successful bidder in cash, cashiers check or certified check within seventy-two (72) hours of notification from the City that said party is the successful bidder.  Failure to make the payment in the time period required will nullify said bid and the City will notify the next highest bidder, if any, of being the successful bidder.

The lots being offered for sale are subject to existing liens, encumbrances, judgments, zoning regulations, easements, and any other regulations, which such facts would be revealed by a title report and an accurate survey which the City has not undertaken.  

The purchaser shall be the responsible party to terminate any and all existing tenancies.  

SCHEDULE “A”
PRIVATE SALE LIST