Town of Secaucus Mayor and Council Meeting Agenda Packet December 16 2025
Secaucus Approves $1.5 Million Acquisition from Meadow Lane RE LLC
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Description
The Town of Secaucus approved the acquisition of 236 Meadow Lane from Meadow Lane RE LLC for municipal open space purposes. The contract price is $1,500,000, contingent on receiving an Open Space Grant from the County, with closing to occur by November 1, 2026.
Contract Details
Contract Amount
$1,500,000
Vendor
MEADOW LANE RE LLC
Agency
Town of Secaucus, NJ
Contract Type
OTHER
Document Date
December 16, 2025
Contract Term
Closing on or before 60 days from receipt of Open Space Grant; not later than November 1, 2026
Renewal Date
2026-11-01
Renewal Info
Closing may be terminated if grant not received by June 30, 2026; seller may terminate after November 1, 2026. No renewal, single transaction.
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Town of Secaucus Mayor and Council Meeting Agenda Packet December 16 2025
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