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Long Branch School District Building Put Up For Auction

LONG BRANCH: The Long Branch School District is going to try to auction off one of its properties after the first attempt to sell the building was never finalized.

The Long Branch Board of Education voted to put the Star of the Sea Lyceum School on the corner of Chelsea Avenue and Third Avenue up for auction in the near future.

"We decided as a board to go out to auction again, very similar to what we did with the Church Street School," Long Branch School District Superintendent Michael Salvatore said.

Salvatore said the minimum bid for the property has been set at $825,000.

"We look to continue with this process over the next 60 days, we will identify factors, expose the environmental issues as well as the structural issues, if there are any with the building and then bidders will have a chance to put a bid in by auction," Salvatore said. "Typically, everything is exposed up front, it is a cash deal, so after the auction, there is very little that has to be done, so we usually close within 60 days."

In the event that the school does not sell through auction, the district would continue to maintain the property and advertise it for sale as it has in the past.

The Star of the Sea School previously served as an elementary school for the Star of the Sea Church, until it was closed in 1986 for lack of attendance. The Long Branch Board of Education (BOE) purchased the property in 1994. It was built in 1900 and has many modern amenities including and auditorium and gym.


Read more from: Long Branch

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