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Council introduces ordinance to sell borough lots to NJ OFFER LLC; private group also proposed bulk purchase
Summary
Ordinance 26.09 was introduced to authorize sale of various borough properties to NJ OFFER LLC; council also heard about a separate private group's unsolicited offer to purchase about 42 borough lots for $516,000 up front.
Council introduced Ordinance 26.09 on May 12 to authorize the sale of various parcels on the borough tax map to NJ OFFER LLC, with a public hearing set for June 9, 2026. The ordinance was adopted on introduction; Councilman Singleton registered a Nay on the motion to adopt on first reading.
Separately, Administrator Marino described a private financial group's unsolicited proposal to purchase roughly 42 borough properties for an up‑front payment of $516,000 with plans to build 10–15 homes per year on vacant center‑town lots under redevelopment agreements. Council members discussed concerns about zoning, neighborhood impacts and oversight; no final sale approvals were recorded at the meeting.
