Borough to list hospital property with a realtor pending investor interest
January 4, 2023
The assembly has approved an ordinance allowing the borough to list the former hospital property with a realtor for the value of the land, half the price of the previous minimum bid. However, Borough Manager Jeff Good told the assembly at its Dec. 20 meeting that he plans to delay listing the property while he negotiates with a potential investor.
The property was listed for its full appraised value of $830,000 — a price that encompassed the value of its land and building — on a public surplus website in April 2022. The borough, however, received no offers or inquiries through the webs...