The primary function of the Bureau of City Properties is to maintain an inventory of all City-owned properties, which include but are not limited to Community Centers, Fire Houses, Libraries, residential parcels, and vacant land. City Properties is responsible for selling all City-owned parcels, including residential property, land, and commercial spaces. The Real estate division also handles the acquisition of land, renovation of city-owned buildings, and the leasing of City spaces by way of a License Agreement or Lease Agreements.
Real estate is real property that consists of land and improvements, which include buildings, fixtures, roads, structures, and utility systems. The City of Camden must comply with specific procedures established by State law & City statutes to sell municipal property. These procedures provide various means by which City-owned property may be sold, depending on its location, size, and other factors. The City periodically holds public auctions, in which members of the public may bid to purchase City-owned properties.
The purpose of the auctions is to make certain City-owned properties available for purchase by qualified parties interested in partnering with the City to rehabilitate them and return them to the City’s tax rolls. Auctions typically include both residential parcels and vacant land. At times Commercial buildings and commercial space may be available. City real estate auctions are advertised on the City’s website and in local newspapers.