Authorizes State Treasurer to sell as surplus certain real property and improvements in Township of Lebanon in Hunterdon County.

This bill authorizes New Jersey's State Treasurer to sell surplus property located at 200 Sanatorium Road in Lebanon Township, Hunterdon County. The property, formerly known as East Hall (Building 33) of the Hagedorn Psychiatric Hospital, includes 57,462 square feet of land and improvements. It will be sold to GShack Group, LLC for its appraised value of $570,000, with terms approved by the State House Commission. The sale applies only to this specific surplus property, which the state no longer needs for operations.