COMMERCIAL REAL ESTATE AUCTION


10,000 SQUARE FOOT – 2 STORY MULTI ZONED COMMERCIAL BLDG. (TWO LOTS)

SOLD FOR $520,000


PROPERTY INCL. APPROX. 2,200 SF 2ND FLOOR 2BR APARTMENT & APPROX. 2,300 SF DETACHED 3 CAR GARAGE 

LIVE ON-SITE AUCTION
Began: 03/03/15 at 11:00 AM EST
Location: 243 Broadway, Long Branch, NJ 07740
INSPECTION
Began: 02/18/15 at 1:00 PM EST
Ended: 02/18/15 at 3:00 PM EST
Location: 243 Broadway, Long Branch, NJ 07740

INSPECTION
Began: 02/21/15 at 12:00 PM EST
Ended: 02/21/15 at 3:00 PM EST
Location: 243 Broadway, Long Branch, NJ 07740

INSPECTION
Began: 02/27/15 at 1:00 PM EST
Ended: 02/27/15 at 3:00 PM EST
Location: 243 Broadway, Long Branch, NJ 07740

INSPECTION
Began: 03/03/15 at 10:00 AM EST
Ended: 03/03/15 at 11:00 AM EST
Location: 243 Broadway, Long Branch, NJ 07740


COMMERCIAL REAL ESTATE AUCTION

SOLD FOR $500,000

 

LIVE ON-SITE AUCTION:

 MARCH 3, 2015 @ 11:00AM

LOCATION:  243 BROADWAY 

LONG BRANCH, NJ 07740

 

PROPERTY FEATURES: +/- 10,000 SF 2 STORY MULTI ZONED COMMERCIAL BLDG. FINISHED BASEMENT (CUSTOM WOODWORK), WITH 2ND FLOOR APARTMENT W/OUTSIDE DECK & APPROX. 2,300 SF DETACHED 3 CAR GARAGE, LARGE PAVED FENCED IN PARKING LOT, LARGE FIRST FLOOR ROOMS, HIGH CEILINGS, CUSTOM WOODWORK & STAIRCASES, FIREPLACE, FLOOR TO CEILING WINDOWS. PROPERTY CURRENTLY BEING USED AS A FUNERAL HOME.

UTILITIES: GAS FIRED HOT WATER HEAT, CITY WATER & SEWERS.

TERMS: ALL PROSPECTIVE BIDDERS MUST REGISTER WITH THE AUCTION COMPANY THE MORNING OF THE SALE PRIOR TO THE AUCTION.  A 10% DEPOSIT OF THE HIGH BID PRICE IS REQUIRED. A $25,000 DEPOSIT IN CASH, CASHIER’S OR BANK CHECK & SIGNED CONTRACT IS REQUIRED AT CLOSE OF BIDDING. THE BALANCE OF THE 10% DEPOSIT IS DUE 48 HRS. AFTER THE SELLER’S APPROVAL AND COURT’S ACCEPTANCE. PROPERTY IS BEING SOLD TO THE HIGHEST BIDDER WITH A NOMINAL OPENING BID OF $275,000. FINAL BID PRICE IS SUBJECT TO ACCEPTANCE BY THE BANKRUPTCY COURT.  SALE SUBJECT TO A 4% BUYER’S PREMIUM.  PROPERTY IS BEING SOLD “AS IS”, WITH NO CONTINGENCIES, FREE AND CLEAR OF ALL LIENS, CLEAR MARKETABLE TITLE GUARANTEED.

INSPECTIONS: WED. FEB. 18 FROM 1PM TO 3PM, SAT. FEB. 21 FROM 12PM TO 3PM & FRI. FEB. 27 FROM 1PM TO 3PM & 1 HOUR PRIOR TO THE AUCTION (OR BY SPECIAL APPOINTMENT)

CLICK “DOCUMENTS” TAB FOR GENERAL INFORMATION, COMPLETE TERMS & CONDITIONS, COPY OF BUYER’S CONTRACT, & BROKER / CLIENT REGISTRATION

 

SALE SUBJECT TO A 4% BUYER’S PREMIUM

 

REALTORS PARTICIPATION  ENCOURAGED AND PROTECTED


A.P. NATOLI & PETER COSTANZO AUCTIONEERS & REALTORS

NJ R.E. LIC. 8900421 PETER COSTANZO AUCTIONEERS, INC. R.E. LIC. 8910502 PETER COSTANZO

 

 

THE AUCTIONEERS GROUP

 

 (609) 693-6899 (732) 776-7222

 

 www.theauctioneersgroup.com

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