RARITAN TWP, NJ - Raritan Township will purchase a 48-acre property along Sergeantsville, Bonetown and Autumn Leaf roads for $875,000 to add to its open space inventory.
At a meeting April 6, the township committee agreed to move forward with the purchase by approving a resolution, although funding details are still being worked out.
The township is looking to tap state Green Acres funding, county Open Space Trust money and township Open Space funds, according to the resolution.
An agreement of sale with the property owner, Eden Holdings LLC, via the estate of Delaine Lipka, has already been worked out.
The sale is contingent upon the township holding a public hearing authorizing the purchase and appropriating the necessary funds. It may also issue a bond for the purchase, according to the resolution.
The property is currently farmland, according to a Farmland Preservation Plan adopted by the committee the same night. The plan calls for the township to preserve 600 acres of farmland over the next 10 years.
The purchase comes on the heels of a 33-acre tract off Decker Road purchased last fall called the Brownstein Preserve. The township intends to create trails and parking on that tract, making it accessible to the public.