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After receiving approval from the State House Commission for sale or lease, the NJDOT offers excess parcels approved for sale through a Direct Sale to the requestor if there are no other interested purchasers and the property cannot be developed independently, or through an Auction if there is more than one potential ...
Used in Acquiring Real Property. ACQUISITION. Acquisition is the process of gaining ownership or control of real property (real estate) or an interest in real property.
Recent internal data shows $4 billion of New Jersey land parcels and ranches for sale. With thousands of properties and rural land for sale in the state, these land listings cover a combined 55,095 acres of New Jersey land for sale.