Authorizes State Treasurer to sell as surplus property certain land and improvements in Town of Morristown in Morris County.

This bill authorizes the State Treasurer to sell 0.69 acres of state-owned land and improvements at 101 Ridgedale Avenue in Morristown to the Town of Morristown as surplus property. The property, previously used as a Motor Vehicle Commission inspection center (closed after hurricane damage), is being sold for $850,000. Proceeds will go to state debt relief or capital improvement projects. The sale requires approval from the State House Commission and directly affects the Town of Morristown as the buyer and the state as the seller.