Auction Details

REAL ESTATE BANKRUPTCY AUCTION KARMA NIGHTCLUB! NEW DATE JUNE 24, 2020!

HOME OF THE FAMOUS JERSEY SHORE NIGHTCLUB KARMA

LIVE ONSITE AUCTION WITH ONLINE BIDDING!! PRIME CORNER TO CORNER W/200' FRONTAGE ON THE BOULEVARD JUST 1 BLOCK FROM THE BOARDWALK $1,500,000 NOMINAL OPENING BID

Live On-site Auction with Online Bidding

Dates: JUNE 24, 2020 AT 1:00PM!

Location: 401 BOULEVARD SEASIDE HEIGHTS, NJ 08751

Auction Description

NEW DATE ANNOUNCED


BANKRUPTCY AUCTION

BY ORDER OF EUGENE D. ROTH, ATTORNEY FOR THE CHAPTER 11 DEBTORS,
SADDY FAMILY, LLC AND LASV, INC. 

 

HOME OF THE FAMOUS NIGHTCLUB FEATURED ON 

MTV'S HIT SHOW "THE JERSEY SHORE"

 

KARMA NIGHTCLUB 

PRIME CORNER TO CORNER W/200' FRONTAGE
ON THE BOULEVARD 

IN SEASIDE HEIGHTS, NJ 

CORNER OF HAMILTON AVE. TO WEBSTER AVE.

JUST 1 BLOCK FROM THE BOARDWALK 

 

JUNE 24, 2020 AT 1:00 PM!

 SALE BEING HELD ONSITE OF THE BAMBOO BAR
201 BOULEVARD - SEASIDE HEIGHTS, NJ 08751

*SALE WILL BE HELD OUTSIDE
IN THE BAMBOO COURTYARD

FOLLOWING ALL SOCIAL DISTANCING GUIDELINES.

ONLINE LIVE SIMULCAST BIDDING WILL ALSO BE OFFERED.

CLICK HERE FOR ONLINE BIDDING

PREVIEW: JUNE 10TH & 17TH FROM 12 PM TO 2 PM AND JUNE 24TH FROM 12 PM TO 1 PM

$1,500,000 NOMINAL OPENING BID 

PROPERTY INFORMATION: 

401 Boulevard – Seaside Heights, NJ 08751. 

12,008 SF. building built in 2003 on concrete slab with attached porch, wood deck and concrete patio.

 

LOT# 1

BLOCK: 13

COUNTY: Ocean

 

Zoned: RB (Retail Business)

Flexible Mixed Use

Land Dimensions: 100'x114.5', 100'x94.5'

2019 TAXES: $27,756.64  

 

 CLICK HERE FOR VIDEO OF THE PROPERTY

 

ALSO AVAILABLE AT PUBLIC AUCTION

SAME TIME, SAME PLACE 

 

SEASIDE HEIGHTS LIQUOR LICENSE

THE BAMBOO BAR

(2) VACANT LOTS

 

 

AUCTIONEER’S NOTE 1: CLICK THE “MARKETING” TAB ABOVE TO SEE NEWS ARTICLES AND MEDIA COVERAGE OF THE FAMOUS SEASIDE HEIGHTS PROPERTIES.

AUCTIONEER’S NOTE 2: CLICK “DOCUMENTS” FOR ADDITIONAL INFORMATION INCLUDING BIDDERS PACKET, GENERAL INFORMATION AND TERMS & CONDITIONS

AUCTIONEER'S NOTE 3: ABSENTEE BID FORMS AVAILABLE UNDER "DOCUMENTS".  AFTER FILLING OUT FORM, PLEASE CALL US TO START PROCESS.

 

 

THE AUCTIONEERS GROUP

PETER COSTANZO / JENNIFER NATOLI

(732) 776-7222   (609) 693-6899

www.theauctioneersgroup.com

 

 

 

Notes

**SALE WILL BE HELD OUTSIDEĀ IN THE BAMBOO COURTYARD FOLLOWING ALL SOCIAL DISTANCING GUIDELINES. ONLINE LIVE SIMULCAST BIDDING WILL ALSO BE OFFERED, PLEASE CLICK THE "ONLINE AUCTIONS" TAB AT THE TOP OF THE PAGE.

Preview

WEDNESDAY JUNE 10, 2020 FROM 12:00 PM NOON TO 1:00 PM.

WEDNESDAY JUNE 17, 2020 FROM 12:00 PM NOON TO 1:00 PM.


WEDNESDAY JUNE 24, 2020 FROM 12PM NOON TO 1:00 PM. 

ALL OTHER PREVIEW/INSPECTIONS WILL BE BY APPOINTMENT ONLY.

Payment Info

CLICK "DOCUMENTS" FOR COMPLETE TERMS & CONDITIONS.