Public Land Sale: Block 5501, Lot 21, Lincoln Avenue, Buena Vista Township

The Township of Buena Vista is conducting a significant public land sale for a prime real property asset, specifically identified as Block 5501, Lot 21, situated on Lincoln Avenue. This expansive 17.13-acre vacant lot, strategically zoned RA with an OC Overlay, is being offered to the highest bidder as it has been deemed surplus and no longer essential for public use. The comprehensive scope of this sale encompasses the outright transfer of ownership, with the successful bidder assuming all responsibilities associated with property acquisition under the stipulated terms. Prospective purchasers will benefit from the fact that the property has undergone a Phase 1 Environmental Study, secured Buena Borough MUA approval for both sewer and water allotments, and features a recent professional survey, streamlining potential development pathways. This offering represents a rare opportunity for developers or investors seeking substantial land parcels in Atlantic County, New Jersey. Given that this is a direct real estate transaction, traditional contractor qualifications, specific licenses, or extensive prior project experience, such as NJ Public Works Contractor Registration, are not applicable requirements for potential bidders. The fundamental qualification for participation is the demonstrable financial capability to fulfill the substantial monetary obligations of the sale. While there are no mandatory pre-bid meetings or designated site visits, interested parties are strongly encouraged to conduct their own due diligence. Comprehensive Conditions of Sale, detailing all legal and procedural aspects, are readily accessible for review online at www.buenavistanj.com and physically available at the Township Clerk’s Office, ensuring complete transparency and equal access to critical information for all prospective purchasers. The public land sale is formally scheduled to occur on April 8, 2025, precisely at 11:00 AM, at the Buena Vista Township Municipal Building, located at 890 Harding Highway, Buena, NJ 08310. To participate, bidders must submit a deposit equivalent to 10 percent of the minimum bid price. This deposit is strictly required by certified bank check or ACH Wire at the time of the public sale, with an allowance of up to one hour post-conclusion for ACH Wire transfers. The remaining balance, along with all associated costs of sale and legal expenses, must be fully remitted via certified bank check or ACH Wire within 30 days following the sale date or acceptance of the bid, whichever occurs later. The established minimum bid for this valuable property is $799,999.00. For any further inquiries or to obtain additional documentation, Lisa A. Tilton, Township Clerk/Registrar, whose office is located at the municipal building, serves as the designated point of contact.