N.J. Stat. § 54:5-30.1

Current through L. 2023, c. 290.
Section 54:5-30.1 - Bidding by municipal officers at tax sales

Whenever the governing body of a municipality shall by resolution determine that a particular parcel or parcels of real estate, scheduled to be sold at public auction pursuant to the tax sale law, would be useful for a public purpose, it may authorize and direct a municipal official to attend the auction and bid for such parcel or parcels at such sale on behalf of the municipality in the same manner as any other bidder.

N.J.S. § 54:5-30.1

L.1962, c.161, s.1, eff. 8/24/1962.