Buena Vista Township Public Land Sale

The Township of Buena Vista is conducting a public auction for the sale of a municipally owned real property, specifically Block 5501, Lot 21, located on Lincoln Avenue, Buena, New Jersey. This substantial 17.13-acre parcel, currently vacant and zoned RA with an OC Overlay Zone, is being divested as it is no longer required for public use. The primary objective of this public land sale is to generate essential revenue for the Township, contribute to tax reduction efforts, and mitigate potential liabilities associated with holding unused property. The property includes notable features such as the presence of wetlands and buffer, for which a Letter of Interpretation has been obtained from the DEP, a completed Phase 1 Environmental Study, approved sewer and water allotment from the Buena Borough MUA, and a recent survey, making it an attractive prospect for potential developers or investors in the Atlantic County region. Prospective bidders interested in acquiring this municipal asset must register prior to the sale by contacting the Township Clerk, Lisa A. Tilton. While there are no specific contractor licenses or experience requirements typical of construction bids, bidders are solely responsible for conducting comprehensive due diligence. This includes thoroughly investigating title conditions, environmental factors, zoning regulations, and any development restrictions that might impact the land's use. The Township explicitly states it makes no warranties regarding the land and assumes no responsibility for environmental conditions, known or unknown, requiring the successful bidder to fully release and indemnify the Township. Structures on the property, if any, may be inspected by prior arrangement with the Township Clerk's Office. The public auction is firmly scheduled for Tuesday, April 8, 2025, at 11:00 AM, and will take place at the Buena Vista Township Municipal Building, located at 890 Harding Highway, Buena, NJ 08310. A minimum bid of $799,999.00 has been established for the property, and bids below this amount will not be considered. The successful bidder will be required to provide a deposit of 10 percent of the minimum price via certified bank check or ACH Wire at the time of the public sale, or within one hour if paying by ACH Wire. The remaining balance, along with costs of sale and legal expenses, must be fully deposited within 30 days following the date of sale or bid acceptance. For further details, including bidder registration and obtaining the full Conditions of Sale, interested parties should contact Township Clerk Lisa A. Tilton at (856) 697-2100 or visit the Township Clerk's Office during business hours, Monday through Friday, 9:00 AM to 4:30 PM. The Conditions of Sale are also available online at www.buenavistanj.com.