S 3516 New Jersey Senate · 2024-2025 Regular Session

Authorizes State Treasurer to sell as surplus certain real property and improvements in City of Camden in Camden County.

This bill authorizes the State Treasurer to sell the former Riverfront State Prison property in Camden (16 acres) as surplus state property. The New Jersey Economic Development Authority (NJEDA) will purchase the "NJEDA Site" for up to $5 million or its appraised value, while the City of Camden will receive the "City Site" for $1 - on the condition that Camden sells a specific "Southwest Site" parcel to NJEDA and preserves the land for public parks or recreation. The sale bypasses further legislative approval, repealing a 2013 law that failed to finalize the property transfer. The bill directly affects NJEDA, Camden City, and the redevelopment of the former prison site.
Bill status in committee 1 of 4 stages cleared
Introduction
Jun 2024
Committee Review
Floor Vote
Governor
Introduced Jun 26, 2024 Last action Feb 25, 2025
Floor votes

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Full legislative history

Actions timeline

Total actions
3
Key actions
1
Committee
1
Jun 26, 2024
Upper · Passed
Reported out of Senate Committee, 2nd Reading
upper
Jun 26, 2024
Introduced
Introduced in the Senate, Referred to Senate Budget and Appropriations Committee
upper
1 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of Nick Scutari
Nick Scutari
DDemocratic
NJ
22