New Jersey Code § 40:60-25.28

Use of municipal property
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40:60-25.28. Use of municipal property
The governing body of any municipality in this State is hereby authorized to acquire, establish, construct, own, control, lease, equip, improve, maintain, operate and regulate autobus terminals for the use of autobusses within the limits of such municipality and may use for such purpose or purposes any property suitable therefor that is now or may at any time hereafter be owned or controlled by such municipality.
L.1946, c. 302, p. 1005, s. 2, eff. May 6, 1946.

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