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.