New Jersey Transit Corporation Minutes 2026-05-13
NJ TRANSIT To Sell Jersey City Parcel to JCMUA
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Description
NJ TRANSIT approved the sale of a 2.17-acre property at 510 Pacific Avenue in Jersey City to the Jersey City Municipal Utilities Authority for a stormwater pump station. The transaction amount was discussed in Executive Session and is contingent on FTA approval and protection of NJ TRANSIT operational access.
Contract Details
Contract Amount
Amount discussed in Executive Session
Vendor
JERSEY CITY MUNICIPAL UTILITIES AUTHORITY
Agency
NJ Transit, NJ
Contract Type
FACILITIES
Document Date
May 13, 2026
Contract Term
Property must remain in public use for at least five years under FTA rules
Renewal Info
FTA requires the property to remain in public use for at least five years; no ongoing service renewal terms apply.
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