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Knowlton accepts $11,550 bid for township parcel at 163 Knowlton Road
Summary
The Committee accepted a public-auction bid of $11,550 for Block 68 Lot 23 (163 Knowlton Road), set closing by July 9, 2026, and specified the sale is "as is" with forfeiture of a $1,000 deposit if the buyer fails to close.
The Township Committee accepted a bid of $11,550 for a Township parcel identified as Block 68, Lot 23 (163 Knowlton Road) following a public auction held June 2. The selling price reflects $750 per acre for 15.40 acres; the Committee set closing on or before July 9, 2026, and specified the sale is "as is" with no Township statements regarding land or environmental conditions.
The resolution authorizes the Mayor and Clerk to execute the sale contract and directed the Township Attorney to prepare closing documents. The successful bidder’s $1,000 deposit will be forfeited if the buyer fails to close. The resolution passed by roll call with Deputy Mayor Baley recorded as abstaining and the motion carried (3–0).
