Home School News Laurelton School Property Will be Put Up for Auction: When and How...

Laurelton School Property Will be Put Up for Auction: When and How Much?

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The former Laurelton Elementary School. (File Photo)
The former Laurelton Elementary School. (File Photo)

The Brick Township school district will sell the historic Laurelton School building at a public auction.

Built in 1934, the school has not been populated by students since 2003. Though it contains many facets of a historic structure, it is not designated as such due to several rounds of heavy renovation that would have nullified such a status. The school district received permission to subdivide the school property in January so the front-facing portion on Route 88 can be sold and the rear portion which houses the district’s central receiving dock can be retained.

The Board of Education voted last week to sell the school at an auction to be held Sept. 4 at 11 a.m. at the district’s central administration building on Hendrickson Avenue. The property will be sold the the highest bidder, with a minimum bid of $620,000 being accepted.

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A pre-auction, on-site meeting will be conducted Aug. 28 at 11 a.m. where prospective bidders are encouraged to make a site visit.

“No testing will be permitted nor will questions be answered by the district and/or its representatives,” the resolution passed by the board states. “The sole purpose of this meeting is to permit prospective bidders the opportunity to visually review the property.”

The winning bidder will be required to present a 10 percent non-refundable deposit at the time of the auction and close within 60 days. The sale price is prohibited from being used in any future tax appeals or before a state tax court. The winning bidder also agrees not to hold the district responsible for “environmental cleanup costs” or other claims.