Sale of Real Property by Sealed Bid: 725 Lucas Lane

The Township of Southampton, located in Burlington County, New Jersey, is soliciting sealed bids for the sale of a specific real property parcel identified as Block 508, Lot 13, commonly known as 725 Lucas Lane. This 0.67 +/- acre lot, zoned Rural Residential (RR), is deemed not needed for public use and was acquired through an In Rem Tax Foreclosure, as recorded on June 23, 2025. The core objective of this municipal action, authorized by Resolution 2026-59 and conducted under N.J.S.A. 40A:12-13, is to transition this property into private ownership, thereby returning it to productive use within the community and generating revenue for the Township. Prospective bidders for the 725 Lucas Lane property are not subject to specific contractor qualifications or licensing requirements, as this solicitation pertains to a real estate transaction rather than a service provision. However, all bids are considered under the strict condition that the property is sold "AS IS, WHERE IS," implying no representations or warranties from the Township regarding its condition, environmental status, or suitability for any particular purpose. Bidders bear sole responsibility for conducting comprehensive due diligence, including verifying zoning compliance, identifying potential wetlands, buffer areas, and ensuring any planned development adheres to all applicable Township land use ordinances. There are no mandatory pre-bid meetings or site visits specified; therefore, bidders must independently assess the property. Interested parties must submit sealed bids to the Southampton Township Municipal Clerk's Office, situated at 5 Retreat Road, Southampton, New Jersey. The absolute deadline for bid submission is June 11, 2026, at 10:00 A.M., at which time all received bids will be publicly opened and read aloud. A mandatory deposit is required with each bid, amounting to ten percent (10%) of the bid offer or $20,000.00, whichever is less, payable via cash, certified check, or bank treasurer's check. The minimum acceptable bid price for the property is established at $50,000.00. The Township Committee retains the absolute right to reject any and all bids, with final sale subject to Committee confirmation within forty-five (45) days of the bid opening. The deposit of the successful bidder will become non-refundable upon formal acceptance of the bid by the Township Committee.