The 110-acre parcel of land near the Garden State Parkway that had been owned by Shoreline Sand and Gravel has been sold, a spokesperson for Sheldon Good & Company told Patch.
Although the buyer was not identified, the spokesman indicated there was interest from two parties.
The sale took place on Dec. 18, and was approved and closed on Dec. 21. The property was sold for $685,000.
The resolution was necessary, according to Township Administrator David Breeden, so that the bid process could be finalized.
Under the terms of the resolution, the committee cut interest charges that had been waged on the property under the old owners from $61,000 to around $30,000, and other penalties were also cut in half. Under the terms of the resolution, the taxes will remain the same - $229,853, Breeden said.
You would have loved Barnegat the way it was when I moved here 28 years ago. There were only two red lights in the whole town. Rt 9 and Bay Ave and the one way out at Rts 72 & 539. Bay Ave & Barnegat Blvd was only a blinker light.
to be rescinded ... it only takes time and the right people and County Connections ... bingo ... suspect this plot will be used for more homes ... particularly "Affordable Housing ( a term created to rid the stigma of "Low Income Housing"). Under such land use categories, there exists a huge benefit for the the developer/s. Property Tax abatements, payment in lieu of taxes ... the region will become more of a city than what folks expected when the invested in their retirement homes ... Was there a presentation before the Planning Board and Zoning Board as to who the buyer represents? Under terms of the Resolution penalties and interest were cut in half?? A good start up ... a 50 x 100 foot lot in Surf City is assessed at over $600,000 --- nice deal for whom ?
Did you ever voice your concern at any Town meeting when they wanted to build all of the retail outlets along West Bay/Lighthouse? Why was the in-town WaWa just recently shuttered as well? I can't believe it was due to poor business, as it was always jumping with customers. Why is here a need for an STS/automotive store RIGHT NEXT to the GOODYEAR??? A need for a Fulton bank as well, when there are how many banks already?? What about the so called planning board of this town? How can such BS retail establishments be built when there's not only vacancies in existing shopping centers, BUT REDUNDANT or "like" businesses already existing within merely blocks of one another?? What a joke.
Most people in New Jersey don't work in or near the town they live in. The retail jobs available in the area aren't the kind that supports a family. Are you suggesting that the town fathers should try to get an automobile assembly plant or a tire factory in town? Or how about a pharmaceutical plant?
You can bet that Johnny B would be complaining about the extra traffic generated by the 2 or 3 thousand employees commuting to and from the facility.