N.J. Stat. § 58:5-21
Current through L. 2024, c. 62.
If the commission acquires any part or all of any distribution or water plant, it may convey the same to the municipality in which the same is situated or to whose use it is devoted, at the cost thereof as nearly as may be and upon such equitable terms as the commission may fix.
N.J.S. § 58:5-21