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The Township Committee approved a $1.75 million bond ordinance for acquiring real property, including authorization to issue $1.65 million in bonds or notes. It also approved a purchase-and-sale agreement for 368 Essex Street, with members requesting clear documentation that the purchase price is fair.
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Millburn can now finance the acquisition of 368 Essex Street through the approved appropriation and borrowing authority. The minutes do not state the property’s purchase price or its final municipal use. The committee also adopted zoning changes addressing building height, rooftop projections, flood-related elevation, and half-stories, while two historic-designation ordinances were only introduced and will have public hearings on July 14, 2026.
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