Two borough-owned lots are headed for the the auction block. (Click to enlarge)
By JOHN T. WARD
Two residential building lots created by the November demolition of Rumson’s former police station are expected to yield at least $800,000 for the town.
The borough council agreed Tuesday night to auction the adjoining Center Street lots separately, each with a minimum bid of $400,000, Administrator Tom Rogers tells redbankgreen.
The property will be sold as two building lots, officials say. (Click to enlarge)
By EVAN SOLTAS
With its new municipal complex completed, Rumson plans to demolish its historic Center Street police station and sell the land as two residential lots, borough officials say.
The borough intends to raze the now-vacant station, which has long stood out among its residential neighbors, and sell the land as building lots that conform to residential zoning law, according to Mayor John Ekdahl.
In the process, the town hopes to pocket as much as $400,000 from each, and use the proceeds to pay down debt incurred from relocating police headquarters, officials said.