ReBid - Sale of MLK Property

Agency:	Lakewood Public Schools
State:	New Jersey
Type of Government:	State & Local
NAICS Category:	531210 - Offices of Real Estate Agents and Brokers
Posted Date:	Mar 5, 2026
Due Date:	Mar 24, 2026
Solicitation No:	BID 06-2526
Original Source:	Please Login to View Page
Contact information:	Please Login to View Page
Bid Documents:	Please Login to View Page

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INSTRUCTIONS TO BIDDERS FOR PURCHASE OF

VACANT LAND AT 133 MARTIN LUTHER KING

DRIVE, LAKEWOOD, NEW JERSEY 08701

BY THE

LAKEWOOD BOARD OF EDUCATION

PROPOSAL # BID 06-2526 REBID

Invitation to Bid

A. The LAKEWOOD BOARD OF EDUCATION (hereinafter referred to as the “Board

of Education” or “Board”) is seeking bids relating to the purchase of the Vacant Land and

related certain property located at 133 Martin Luther King Drive, Lakewood New Jersey,

08701 as further described in the specifications herein (collectively, the “Property”).

The buyer will take possession of all Property at the location/s, except for personal property

or non-fixed property owned by the Board of Education which may be removed from the

site at the Board’s discretion prior to sale.

B. Bids will be received in the Board’s Business Administrator’s office located at 200

Ramsey Ave., Lakewood, New Jersey 08701 on Tuesday, March 24, 2026 at 10:00

a.m., prevailing time, at which time and place all bids will be publicly opened and read

aloud.

C. The parcel of land in the Township of Lakewood, County of Ocean, and State of New

Jersey commonly known as 133 Martin Luther King Drive, and identified on the tax

assessment map of said municipality as Block 765, Lot 1.04 together with the buildings

and other improvements, if any, thereupon and all appurtenances, fixtures, privileges and

easements pertaining to or benefiting said real property.

D. Notice of revisions or addenda to the advertisement or bid specifications will be sent to

prospective bidders in writing no later than seven (7) days prior to the bid opening date,

Saturdays, Sundays and holidays excepted. Said notice will be sent via certified mail,

certified facsimile transmission, email transmission with read receipt, or delivery service

to all persons who have picked up a copy of the bidding documents. It shall be the

responsibility of the bidder to ascertain that it has received all amendments, revisions and

clarifications prior to submitting its bid. Failure to receive notice of any amendment,

revision or clarification when notice is sent or delivered shall not be considered failure by

the Board to provide notice and shall not relieve a bidder from any obligation under its

bid. All amendments, revisions and clarifications issued by the Board, if any, shall be

binding on bidders as a condition of contract.

E. The Board has set a minimum bid amount of $750,000.00 (Seven Hundred Fifty

Thousand Dollars) for Block 765, Lot 1.04 for the purchase of the Property. pursuant

to N.J.S.A. 18A:20-7. The Board reserves the right, upon the completion of said public

sale, to accept or reject the highest bid, whether individually or combined made thereat.

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General Property Description

The school property is located at the Real Property, Block 765, Lot 1.04 of the Lakewood

Township Tax Map. The Real Property consists of a 0.1701+- acre or 7,411+- square foot lot on

the southwest corner of Dr. Martin Luther King Drive and Center Street in Lakewood, New Jersey.

The subject lot is partially improved with a portable building structure that is unused

The parcel is located in the RM, Multi-Family Residential Zone. Permitted uses for this property

is for single family detached housing, two family and duplex housing, multi-family housing,

townhouses, places of worship including parish house and classes, public and private schools and

planned educational campus which requires minimum 10,000 square foot lots

Water and Sewer are served by the local Municipal Utilities Authority. Electricity is provided by

JCP&L. Natural gas is provided by New Jersey Natural Gas.

Obligation of the Bidder

At the time of the opening of the bids, each bidder will be presumed to have inspected the Property

and to have read and become thoroughly familiar with the Notice to Bidders, Instructions to

Bidders, Bid Specifications and any other bidding documents. The failure or omission of any

bidder to receive or examine any form, instrument or document, or to visit the Real Property to

review existing conditions, shall not relieve the successful bidder from the obligation to purchase

the Property from the Board of Education. A claim of mistake or omission will likewise not excuse

a bidder from any obligation under its bid. The buyer is responsible for all due diligence of the

Real Property, including familiarization with all zoning requirements, property limitations or

inspection requirements, if any.

Stockholder or Partnership Disclosure Statement

A. Pursuant to P.L. 1977, Chapter 33 (N.J.S.A. 52:25-24.2), all corporations and

partnerships shall submit a statement with its bid which sets forth the names

and addresses of all stockholders in the corporation or partnership who own 10%

or more of its stock or of all individual partners in the partnership who own a

10% or greater interest therein. If one or more such stockholder or partner is

itself a corporation or partnership, the stockholders holding 10% or more of that

corporation’s stock or the individual partners owning 10% or greater interest in

that partnership shall also be listed. The disclosure shall be continued until

names and addresses of every non-corporate stockholder and individual

partner exceeding the 10% ownership criteria have been listed.

B. Any bidder whose stockholders or partners own less than ten percent (10%) of

the stock or partnership interest, as the case may be, shall certify such fact to the

Board of Education.

C. A Stockholder Disclosure Statement is included as part of the bidding documents.

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Pre-Bid Inspections

Pre-bid inspections of the Property may be scheduled by appointment only from March 16,

2026 thru March 20, 2026 between the hours of 9:00 a.m. and 2:00 p.m. by contacting the

Purchasing Manager, Diane Piasentini at 732-905-3574 or

dpiasentini@lakewoodpiners.org. You may also contact Mr. Charles DePeri, Supervisor of

Buildings & Grounds, at 732-575-3293 or cdeperi@lakewoodpiners.org. Bidders may

inspect the Property at their option. Inspection is not required but is strongly recommended.

Bidders may review the Board’s asbestos management plan documents during ordinary business

hours upon reasonable advance notice. Bidders shall hold the Board harmless against claims for

injuries and/or damages which arise as a result of any entry onto the Real Property, including

without limitation, any inspection, examination or survey conducted.

Bidders or anyone acting on behalf thereof, shall not perform any work on the property without

expressed written consent by the Board, including, but not limited to, inspections or testing of any

kind to the land or structures. The Board may request written notice from Bidder detailing what

work Bidder seeks to perform.

Bidders should take note, however, that the Agreement of Sale will not contain any

inspection contingencies since the Property is being sold “AS IS.” Therefore, any and all

inspections and due diligence must take place prior to the submission of bids, the sole exception

being a Phase I environmental study, if required by Bidder’s lender, which must be ordered and

conducted within 30 days of the execution of the Agreement of Sale.

Preparation of Bids

A. Bidders shall comply with the requirements contained in the Notice to Bidders, these

Instructions to Bidders, Bid Specifications and any other bidding documents.

B. All bidders must use and complete the following forms in their entirety and provide the

following items in their bid submission:

1. Bid Form (attached)

2. Affidavit of Non-Collusion (attached)

3. Stockholder or Partnership Disclosure Statement (attached)

4. Security Deposit

5. Corporate Resolution (if applicable)

6. Iran Contribution Disclosure Form (attached)

7. Prohibited Activity in Russia or Belarus (attached)

C. Bids must be submitted on the form of proposal furnished by the Board of Education.

Where the bidder is a corporation or a partnership, the person submitting the bid must

certify that he/she is duly authorized to submit a bid on behalf of the corporation or

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partnership (See Corporate Resolution form included as part of the bid documents). The

corporate seal should be affixed to the bid and other documents where required. No

conditions, limitations or provision may be placed on a bid.

D. Bids shall be submitted in a sealed opaque envelope marked on the front of the envelope

as follows: “Public Bid for Purchase of 133 Martin Luther King Blvd. Property, BID

06-2526”

E. No bid may be withdrawn for a period of sixty (60) days from the opening of the bids.

Security Deposit

A. Every bid must be accompanied by a Security Deposit in the form of a certified check,

cashier’s check or money order, payable to the LAKEWOOD BOARD OF EDUCATION,

in an amount equal to $50,000 (Fifty Thousand Dollars) All deposits, other than those for

the three highest bidders, will be returned, upon request, within ten (10) business days after

the bid opening date. The deposits of the three highest bidders shall, however, be retained

until either: (1) Three (3) days after the Board of Education awards the sale to the highest

bidder, or (2) all bids are rejected by the Board of Education. No interest will be paid on

the deposit while in the Board’s possession.

B. Since damages arising from the successful bidder's failure to execute an Agreement of Sale

of the Property when required would be difficult to determine, the successful bidder shall

forfeit their $50,000 as liquidated damages for failing to enter into said Agreement of Sale.

In the event the successful bidder enters into an Agreement of Sale and subsequently

breaches the executed Agreement of Sale after all contingencies have been met, the Board

shall retain the earnest deposit monies paid pursuant to the bid documents/contract as a

partial, nonexclusive measure of damages. In any instance, nothing contained herein shall

preclude the Board from instituting a lawsuit against the successful bidder for specific

performance and/or for breach of contract.

C. The bid deposit shall be retained by the Board of Education as security for faithful

performance of buyer’s obligations and shall be applied towards the purchase price at the

closing. For the avoidance of doubt, the bid guarantee shall not be deemed the initial deposit

or any portion thereof.

Board of Education Acceptance of Bid

A. As required by N.J.S.A. 18A:20-7, with regard to the sale of property only, the Board will

accept or reject the highest bid no later than the second regular meeting of the Board of

Education following the bid opening. The Agreement of Sale, if awarded, shall be awarded

to the highest responsible bidder in the Board’s discretion. Whenever two or more bids are

equal, the Board of Education has the absolute discretion to accept either bid.

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B. If the highest responsible bidder is not a resident of the State of New Jersey, then the

bidder shall designate a proper agent in the State of New Jersey upon whom process may

be served as a condition precedent for the awarding of successful bid. If the highest

responsible bidder is a business entity that is not qualified to conduct business in the State

of New Jersey, then the awarding of the successful bid is conditioned upon the bidder

filing a certificate of doing business in the State of New Jersey and complying with the

provisions of N.J.S.A. 14A:13-1 et seq.

C. The Board of Education reserves the right to waive any irregularity or informality in the

bidding process if it is in the Board’s best interest to do so, and further reserves the

right to reject the highest bid made, which waiver or rejection shall be made not later

than its second regular meeting following the bid opening date. In the event that the

Board refuses to accept or reject any such highest bid by that date, said bid shall be

deemed to have been rejected. Additionally, the Board may reject any bid if it determines

it to be in the public interest to do so. No bid shall be deemed accepted until the

adoption of a formal resolution by the Board of Education.

Political Contribution Disclosure

The bidder is advised that it may have a responsibility to file an annual disclosure statement on

political contributions with the New Jersey Election Law Enforcement Commission pursuant to

N.J.S.A. 19:44A-20.13 (P.L. 2005, c.271, s.3) if the Bidder is a business entity that receives

contracts in excess of $50,000 from public entities in a calendar year. It is the bidder’s

responsibility to determine if filing is necessary. Additional information on this requirement is

available from ELEC at 888-313-3532 or at www.elec.state.nj.us.

Form of Agreement of Sale

The Agreement of Sale in the form attached hereto as Schedule A shall be delivered to the

successful bidder within three (3) business days of the Board's acceptance of the bid, or such other

time as the Board may direct. By submitting a bid, Buyer warrants it has reviewed the Agreement

of Sale and agrees to enter into the Agreement of Sale as written in compliance with the terms

listed therein, which shall be considered a material part of these specifications. These

specifications and the Agreement of Sale shall form the final sale agreement between the parties.

Disclosure of Investment Activities in Iran

Pursuant to N.J.S.A. 52:32-55 et seq. and N.J.S.A. 18A:18A-49.4, a person or entity listed on the

Department of the Treasury’s List of Persons or Entities Engaging in Prohibited Investment

Activities in Iran shall be ineligible to bid on, submit a proposal for, enter into or renew a contract

with a State agency and other public entities, such as a board of education. Additionally, any person

or entity that submits a bid or proposal or otherwise proposes to enter into or renew a contract shall

certify at the time the bid is submitted that the person or entity is not identified on the above-

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This page summarizes the opportunity, including an overview and a preview of the attached documents.

BIDS#	RFPs/ BIDs/ Proposals	Date Due
BID 06-2526	ReBid - Sale of MLK Property	March 24, 2026 10:00 a.m.

ReBid - Sale of MLK Property

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