Public Land Sale - Block 5501, Lot 21, Lincoln Avenue

The Township of Buena Vista is conducting a public auction for the sale of municipal real property, specifically Block 5501, Lot 21, situated on Lincoln Avenue in Buena, NJ. This substantial 17.13-acre parcel is no longer required for public use and is being offered to the highest bidder. The property's zoning is Residence Agriculture (RA) with an Office Campus (OC) Overlay Zone, allowing for a variety of potential uses. Comprehensive due diligence materials are available, including a freshwater wetlands Letter of Interpretation (LOI) from the NJDEP, an approved sewer and water allotment from the Buena Borough Municipal Utilities Authority (BBMUA), and a Phase 1 Environmental Study. A recent survey of the property has also been obtained, providing crucial information for prospective developers and investors interested in acquiring significant land for agricultural, residential, or office campus development within Atlantic County. Prospective bidders must register in advance to participate in the public auction. Registration can be completed by contacting the Township Clerk, Lisa A. Tilton, at the Buena Vista Township Municipal Building. While no specific contractor licenses are required for property acquisition, bidders are strongly encouraged to thoroughly review all provided documentation, including the detailed Conditions of Sale, and conduct their own independent site investigations. Arrangements can be made for inspecting any structures on the land prior to the sale. Understanding the zoning regulations (RA with OC Overlay) and environmental conditions, as verified by the NJDEP LOI, is critical for all interested parties to ensure compliance and evaluate development potential. All bidders should be prepared to meet the financial and procedural requirements outlined by the Township for a successful transaction. The public auction is 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 set for the property. Successful bidders are required to pay a 10% deposit of the minimum price by certified bank check or ACH Wire at the time of the public sale, or within one hour of its conclusion if by ACH Wire. The remaining balance, along with all costs associated with the sale and legal expenses, must be deposited in full by certified bank check or ACH Wire within 30 days following the date of sale or the acceptance of the bid, whichever is later. For bidder registration or to obtain the Conditions of Sale, contact Lisa A. Tilton, Township Clerk, at 856-697-2100; UNLOCK her office hours are Monday through Friday, 9:00 AM to 4:30 PM. The Township Committee reserves the right to accept the highest bid or reject any and all bids received.