Auction Details

PRIME WATERFRONT REAL ESTATE AUCTION TO BE SOLD LIVE ONSITE

AMAZING OPPORTUNITY - ONE OF A KIND PROPERTY! PANORAMIC WATER VIEWS OF THE BARNEGAT BAY!

700 FAIRVIEW LANE IS A BEAUTIFUL 6,054 SQUARE FOOT, TWO STORY SINGLE FAMILY RESIDENCE W/3RD FLOOR LOFT ON AN ALMOST 1 ACRE (.91 ACRES) PENINSULA WATER FRONT CORNER LOT. BUILT IN 1985, THE HOME HAS 5 BEDROOMS, MULTIPLE BATHROOMS, 2-CAR GARAGE & A CIRCULAR DRIVEWAY. THIS ONE OF A KIND PRIME WATERFRONT PROPERTY HAS UNOBSTRUCTED PANORAMIC WATER VIEWS OF THE BARNEGAT BAY! OUTSIDE HAS A COVERED BAR AREA, DOCK & 553 LF. OF BULKHEAD!

Live On-site Auction

Begins: Wed, Oct 20, 2021 1:00PM

Ends:

Location: 700 FAIRVIEW LANE FORKED RIVER, NJ 08731

Auction Description

PRIME WATER FRONT REAL ESTATE

TO BE SOLD AT PUBLIC AUCTION

BY ORDER OF OCEAN COUNTY SUPERIOR COURT
THE ESTATE OF STEVEN J. PITIAK
ADMINISTRATOR, JAMES J. GLUCK, ESQ.


$750,000 OPENING BID
SINGLE FAMILY, 5 BEDROOM, 4 BATHROOM,

TWO-STORY COLONIAL HOME

IN BEAUTIFUL WATER FRONT RESIDENTIAL

NEIGHBORHOOD

UNOBSTRUCTED PANORAMIC VIEWS OF THE BARNEGAT BAY!!

AUCTION HELD LIVE ON PREMISES:

WEDNESDAY OCTOBER 20, 2021 AT 1:00 PM

700 FAIRVIEW LANE - FORKED RIVER, NJ 08731

PREVIEW DATES & TIMES:

SUNDAY OCTOBER 3, 2021 FROM 10:00 AM TO 2:00 PM

WEDNESDAY OCTOBER 13, 2021 FROM 9:00 AM TO 3:00 PM

SUNDAY OCTOBER 17, 2021 FROM 10:00 AM TO 2:00 PM

 

PROPERTY DESCRIPTION & FEATURES:
 
This beautiful 6,054 square foot home is a two-story, single-family residence with 3rd story loft on a peninsula corner lot. Located on almost 1 acre (.91 acres). Home was built in 1985 and has 5 bedrooms, 4 bathrooms and has a 2-car attached garage and circular driveway. Featuring unobstructed panoramic water views of the Barnegat Bay. Outside has a covered bar area, dock and 553 LF. bulkhead. The property is in the middle of extensive renovations & remodeling. Subject to narrow Easterly (17.08 FT.) property line existing easement, which may or may not be vacated.

BLOCK: 149.01
LOT# 1
COUNTY: Ocean

Zoned: R75 (Residential)
Land Dimensions: Approximately 0.91 Acres



Nearby Schools: 
Forked River Elementary School, Mill Pond School, Lacey Middle School and Lacey High School


UTILITIES:
Gas Hot Water Baseboard Heat
Home has Multiple Working Mini Splits
City Water & City Sewer


TAX & ZONING INFORMATION:
 Taxes: Approximately $ 18,082.83 / BLOCK 149.01, LOT 1

*Please click "Documents" For Complete Bidders Packet (General Information, Terms & Conditions) & Easement Information.  More photos coming soon!

Preview

PREVIEW DATES & TIMES:

SUNDAY OCTOBER 3, 2021 FROM 10:00 AM TO 2:00 PM

WEDNESDAY OCTOBER 13, 2021 FROM 9:00 AM TO 3:00 PM

SUNDAY OCTOBER 17, 2021 FROM 10:00 AM TO 2:00 PM

Payment Info

REGISTRATIONAll persons interested in bidding must register on the day of the auction prior to the start of the auction, with The Auctioneers Group, by completing a registration form, setting forth their name, address, telephone number, and deposit verification posting a $25,000.00 initial deposit in cash, certified check or bank check made out to Peter Costanzo Auctioneers Trust Account.

FULL DEPOSIT/DOWN PAYMENT: Upon the conclusion of the sale, the winning bidder is required to sign the prepared real estate contract and post a 10% down payment. The initial $25,000 deposit verified at registration will be applied. The balance of the 10% deposit may be a personal or business check.

DEPOSITORY: Peter Costanzo Auctioneers will act as depository of the money paid down immediately after the auction with respect to the winning bid. Said money will be deposited in a non-interest-bearing trust account and shall be applied to the deposit as required under the terms of the contract.