Oclar Properties, LLC v. Atlantic View Cemetery Association

CourtNew Jersey Superior Court Appellate Division
DecidedMay 6, 2025
DocketA-0834-23
StatusUnpublished

This text of Oclar Properties, LLC v. Atlantic View Cemetery Association (Oclar Properties, LLC v. Atlantic View Cemetery Association) is published on Counsel Stack Legal Research, covering New Jersey Superior Court Appellate Division primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Oclar Properties, LLC v. Atlantic View Cemetery Association, (N.J. Ct. App. 2025).

Opinion

NOT FOR PUBLICATION WITHOUT THE APPROVAL OF THE APPELLATE DIVISION This opinion shall not "constitute precedent or be binding upon any court ." Although it is posted on the internet, this opinion is binding only on the parties in the case and its use in other cases is limited. R. 1:36-3.

SUPERIOR COURT OF NEW JERSEY APPELLATE DIVISION DOCKET NO. A-0834-23

OCLAR PROPERTIES, LLC,

Plaintiff-Respondent,

v.

ATLANTIC VIEW CEMETERY ASSOCIATION, INC., TROY NIKOLA, LARRY NIKOLA,

Defendants-Appellants,

and

PLANNING BOARD OF THE BOROUGH OF MANASQUAN,

Defendant. ___________________________

Submitted January 14, 2025 – Decided May 6, 2025

Before Judges Gilson, Bishop-Thompson and Augostini.

On appeal from the Superior Court of New Jersey, Chancery Division, Monmouth County, Docket No. C- 000087-21. Coffey Modica LLP, attorneys for appellants (Robert Modica and Jessica Bornes, on the briefs).

Maggs McDermott & DiCicco, LLC, attorneys for respondent (Michael M. DiCicco and Stephanie L. DeLuca, on the brief).

PER CURIAM

This appeal arises from a dispute over the termination of a contract to

purchase a portion of cemetery property located in Manasquan Borough and

Wall Township. In 2014, plaintiff Oclar Properties, LLC, (Oclar), a property

developer, entered into a contract (Agreement) with defendant Atlantic View

Cemetery Association, Inc. (AVC) to purchase a portion of cemetery property

to build and resell five single family residences. Defendant Troy Nikola 1

operates the cemetery and his father, defendant Larry Nikola, president of

Memorial Properties, had a sales agreement with AVC to sell space in the

cemetery, and in part, "administer[ed] different portions of [AVC's] business."

The Agreement provided two main contingencies, with specified time

frames, before the sale of the property could be effectuated: (1) AVC obtaining

approval of the New Jersey Cemetery Board (Cemetery Board) to sell a portion

1 Because defendants Troy Nikola and Larry Nikola share the same last name, we use their first names in the opinion to avoid confusion, intending no disrespect. A-0834-23 2 of the Property; and (2) Oclar obtaining subdivision approval from the Planning

Board of the Borough of Manasquan (Planning Board).2 The Agreement

provided for both contingencies to be satisfied, including extensions, by April

2015.

AVC obtained the Cemetery Board's approval on September 23, 2014.

Over the course of the next several years, both AVC and Oclar worked together,

expending time and resources to obtain the necessary approvals from the

Planning Board. However, Oclar did not obtain Planning Board approval. Five

years later, in December 2020, AVC notified Oclar that it was terminating the

Agreement because Oclar had not received the required approval.

On June 8, 2021, Oclar filed a complaint alleging various claims against

AVC, including breach of contract and breach of the covenant of good faith and

fair dealing, and seeking, in part, specific performance of the Agreement.

Following trial, the court entered an order on September 20, 2023 granting

judgment in favor of plaintiff, enforcing the Agreement, and detailing the next

steps regarding enforcement of the Agreement.

2 Although named as a defendant, the Planning Board did not participate in this appeal. A-0834-23 3 For the reasons detailed below, we affirm the trial court's decision, finding

that defendants improperly terminated the Agreement. We also affirm the trial

court's ruling that the Agreement remained in full force and granting plaintiff's

request for specific performance.

I.

We summarize the facts, which are largely undisputed, from the trial

record. On July 11, 2014, Oclar and AVC entered into an Agreement regarding

the purchase and development of property located in Manasquan Borough and

Wall Township known as Atlantic View Cemetery, which includes Block 29,

Lot 1 (the Property). Oclar planned to develop the Property into five single -

family residence lots. The purchase price for the Property was $1,125,000, with

an initial $20,000 deposit. The Agreement contained two specific contingencies

that had to be met before the contract could be finalized: (1) the New Jersey

Cemetery Board Approval Contingency; and (2) Development Approval.

Paragraph 5 of the Agreement set forth these "Approval Contingencies":

A. New Jersey Cemetery Board Approval Contingency: The within Agreement and the obligation of the Seller hereunder is conditioned upon the receipt of the approval of the New Jersey Cemetery Board ("NJCB") as required by N.J.S.A. 45:27-34 ("NJCB Approval") upon such terms and conditions satisfactory to the Seller. The Seller shall within thirty (30) days of the date of this Agreement submit an application to the

A-0834-23 4 NJCB for the purpose of obtaining the NJCB Approval and to diligently pursue same. The Seller shall be solely responsible for obtaining such approval and shall pay all costs related to same. Seller shall have three [] months from the date of this Agreement, to obtain the Approval. The Seller shall be permitted two [] extensions of two [] months each to obtain the NJCB Approval upon written notice to the Buyer given [no] later than ten [] days prior to the expiration of the initial or extended NJCB Approval contingency period, provided, however, that the Seller demonstrates to the reasonable satisfaction of the Buyer that it is diligently pursuing the Approval.

Once AVC obtained the Cemetery Board's approval, Oclar, the buyer, was

responsible for obtaining "final and unappealable subdivision approval,"

authorizing the Property to be subdivided into five individual lots. Paragraph

5(B) of the Agreement detailed Oclar's obligation to obtain "Development

Approval" and the time frames regarding same:

B. . . . Buyer's obligations under this Agreement are contingent upon and subject to Buyer obtaining final and unappealable subdivision approval to subdivide the Property from Block 29, Lot 1 and into five [] individual building lots as will permit the construction of a single[-]family residence on each of said lots from Manasquan Borough (the "Development Approval"). The Buyer shall be solely responsible for obtaining the Development Approval and shall pay all costs related to same. Buyer shall have three [] months from the date Seller gives Buyer written notice that it has received the NJCB Approval, to obtain the Development Approval. The Buyer shall be permitted two [] extensions of two [] months each to obtain the

A-0834-23 5 Development Approval upon written request to the Seller received by the Seller not later than ten [] days prior to the expiration of the initial or extended Development Approval contingency period, provided, however, that the Buyer demonstrates to the reasonable satisfaction of the Seller that it is diligently pursuing the Approval. It is expressly understood and agreed that the posting of performance guaranties, submission of conforming architectural plans, other conditions of approval such as utility extension permits and the submission of application(s) for a building permit are not [] conditions of Approval, but are the responsibility of the Buyer. Buyer shall diligently pursue obtaining the Approval. Buyer shall within [t]hirty [] days of notice to it of the satisfaction of Seller's NJCB Approval submit completed applications to secure the Development Approval.

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Oclar Properties, LLC v. Atlantic View Cemetery Association, Counsel Stack Legal Research, https://law.counselstack.com/opinion/oclar-properties-llc-v-atlantic-view-cemetery-association-njsuperctappdiv-2025.