Division 2 New Jersey

New Law Allows NJ Municipalities to Buy Vacant and Abandoned Properties – SNJ Today

By: SNJ Today Staff

Governor Phil Murphy signs the New Jersey Land Bank Law in Newark. The law will allow municipalities to buy vacant, abandoned, and neglected properties. Photo courtesy of Governor Phil Murphy Facebook page.

NEW JERSEY – On Wednesday, July 10th, Governor Phil Murphy signed legislation that will all towns and cities to create a land bank entity to obtain vacant, abandoned, and neglected properties to be repurposed.

The New Jersey Land Bank Law…

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