ASSEMBLY, No. 3586
STATE OF NEW JERSEY
222nd LEGISLATURE
PRE-FILED FOR INTRODUCTION IN THE 2026 SESSION
Sponsored by:
Assemblyman LOUIS D. GREENWALD
District 6 (Burlington and Camden)
Assemblywoman YVONNE LOPEZ
District 19 (Middlesex)
Assemblywoman SHAMA A. HAIDER
District 37 (Bergen)
SYNOPSIS
Requires State to issue biennial report of unutilized State-owned property and potential for use as affordable housing.
CURRENT VERSION OF TEXT
As reported by the Assembly Housing Committee on March 9, 2026, with amendments.
An Act requiring 1[annual] biennial1 report 1[on] of unutilized1 State-owned property and 1its1 potential for use as affordable housing, and supplementing 1[chapter 18A of]1 Title 52 of the Revised Statutes.
Be It Enacted by the Senate and General Assembly of the State of New Jersey:
1. The 1[Division of Purchase and Property in the]1 Department of the Treasury shall develop an inventory of all 1unutilized1 real property owned by the State, including property owned by an agency, authority, or other instrumentality of the State. 1[In consultation with other State entities] Each State entity1, including, but not limited to, the New Jersey Economic Development Authority, the New Jersey Redevelopment Authority, and the New Jersey Housing and Mortgage Finance Agency, 1[the division]1 shall 1[analyze] biennially submit a list of unutilized real property under its jurisdiction to the State House Commission and to the Department of the Treasury. The State House Commission and the Department of the Treasury shall collaboratively compile the lists of unutilized real property submitted by State entities and shall undertake an analysis of those properties to indicate1 the feasibility of developing, redeveloping, or renovating 1[the various parcels] each identified parcel1 of real property owned by the State for use as low-income and moderate-income housing, as defined pursuant to section 4 of P.L.1985, c.222 (C.52:27D-304). The 1[division] State House Commission and the Department of the Treasury1 shall develop 1[its] their1 inventory and analysis into a report, and shall submit this report to the Governor and, pursuant to section 2 of P.L.1991, c.164 (C.52:14-19.1), to the Legislature, on or before the first day of the 13th month next following the effective date of P.L. , c. (C. ) (pending before the Legislature as this bill). The report shall be updated and resubmitted to the Governor and Legislature on 1[an annual] a biennial1 basis after the initial submission. Following 1[the annual] each biennial1 submission of the report to the Governor and Legislature, the 1[director of the division] Department of the Treasury1 shall post the report on the 1[division’s] department’s1 Internet website.
1As used in this section, “unutilized property” means a parcel of real property that is owned by the State, and which parcel: does not actively provide employee housing, is not actively generating revenue for the State through a lease or other agreement, and is not actively serving a legitimate public purpose.1
2. This act shall take effect immediately.