LONG BRANCH: It appears that the Long Branch School District will be once again trying to sell one of its properties.
Long Branch School District Superintendent Michael Salvatore said the Star of the Sea Lyceum School on the corner of Chelsea Avenue and Third Avenue will likely be on the market again soon.
Salvatore said there was a successful bidder for the project but "environmental issues at the site" caused the bidder to ask for a lower purchase price because of the required remediation.
"We had an agreed contracting pending satisfactory inspection," Salvatore said. "But now we might be going in a different direction."
The developer was reportedly purchasing the building for around $700,000 and planned to convert the old school into apartment housing.
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.
The district has tried multiple times to find a buyer for the property through the bidding process, and will likely try once again because there was another interested party at the time, Salvatore said. The district could also make the building available via auction as it successfully did with the Church Street School last year.