REAL ESTATE BANKRUPTCY AUCTION

(3) VACANT LOTS IN SEASIDE HEIGHTS, NJ


(3) VACANT BUILDABLE LOTS TO BE SOLD AT PUBLIC AUCTION

117 WEBSTER AVENUE 

125 WEBSTER AVENUE

126 HAMILTON AVENUE

ALL LOCATED IN SEASIDE HEIGHTS, NJ

COMING SPRING 2020

OPENING BIDS FROM

$50,000 TO $100,000


BANRUPTCY REAL ESTATE AUCTION

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

 

(3) VACANT BUILDABLE LOTS

TO BE SOLD AT PUBLIC AUCTION 

117 WEBSTER AVE: $100,000 OPENING BID

125 WEBSTER AVE: $75,000 OPENING BID

126 HAMILTON AVE: $50,000 OPENING

ALL LOCATED IN SEASIDE HEIGHTS, NJ

BLOCK 13, LOTS 15, 25 & 26

COMING SPRING 2020

 

 CLICK HERE FOR ONLINE AUCTION PAGE

 PROPERTY INFORMATION:

117 WEBSTER AVENUE  

LOCATED DIRECTLY BEHIND KARMA NIGHTCLUB

 

LOT# 15

 BLOCK: 13

 COUNTY: Ocean 

 Zoned: RB (Retail Business)

 Flexible Mixed Use

 Land Desc: 60×100 

(Call Zoning Department for Max Use) 

2019 TAXES: $6,620.40 / BLOCK 13 LOT 15

 

125 WEBSTER AVENUE 

LOCATED NEXT TO THE SUNSHINE BOYS CLUB

 

LOT# 25

 BLOCK: 13

 COUNTY: Ocean 

 Zoned: RB (Retail Business)

 Flexible Mixed Use

 Land Desc: 30×100 

(Call Zoning Department for Max Use)

2019 TAXES: $3,179.25 / BLOCK 13 LOT 25

 

126 HAMILTON AVENUE 

LOCATED NEXT TO THE CLOUD 9 HOTEL

 

LOT#  26

 BLOCK: 13

 COUNTY: Ocean

 Zoned: RB (Retail Business)

Flexible Mixed Use

 Land Desc: 21.5×100

 (Call Zoning Department for Max Use)

2019 TAXES: $2,331.45 / BLOCK 13 LOT 26

 

LOOK FOR SIGNS. 

 

 

ALSO BEING AUCTIONED SAME TIME, SAME PLACE

MARCH 26, 2020 AT 1:00 PM AT BAMBOO BAR:

 

 BAMBOO BAR

KARMA NIGHTCLUB

SEASIDE HEIGHTS LIQUOR LICENSE

  

CLICK “DOCUMENTS” FOR ADDITIONAL INFORMATION INCLUDING BIDDERS PACKET, GENERAL INFORMATION AND TERMS & CONDITIONS

AUCTIONEER’S NOTE: ABSENTEE BID FORMS AVAILABLE UNDER “DOCUMENTS”.  AFTER FILLING OUT FORM, PLEASE CALL US TO START PROCESS. 

 

Seaside Heights Real Estate Auction & COVID-19

Dear valued auction customers,

In light of the ongoing pandemic and Governor Murphy’s “stay at home” order, which does not allow for gatherings of any size, the Seaside Heights real estate and liquor license auction scheduled for Thursday March 26, 2020 at 1:00 pm will now be held ONLINE ONLY.

It is easy to create an online account and request to bid, please go to our website at: www.theauctioneersgroup.com/online-auctions/

We require a $10,000 authorized hold to be placed on your credit card to approve all bidders and all successful bidders are required to WIRE the full deposits and sign a purchase contract within 24 hours from the closing of the auction.  We will send wire deposit and contract instructions.

If you are unable to bid online, we will be offering pre-registration and absentee bidding, if requested.  Absentee bid forms may be downloaded from our website by clicking “documents” on any of the property description pages.  You may also call to have an absentee bid form faxed to you.  Absentee bid forms MUST be sent back to us by 12:00PM Thursday March 26, 2020.  Again, all deposits and a signed contract will be due within 24 hours from the closing of the auction.

Of course, our national situation is evolving and changing rapidly so if the auction needs to be postponed, we will notify you immediately.

Do not hesitate to call or email with any questions or concerns.

Thanks again for your continued loyalty.
Sincerely,
The Auctioneers Group

 

 

THE AUCTIONEERS GROUP

PETER COSTANZO / JENNIFER NATOLI

(732) 776-7222   (609) 693-6899

www.theauctioneersgroup.com

CLICK “DOCUMENTS” FOR TERMS & CONDITIONS

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117 Webster Ave 125 Webster Ave

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117 Webster Avenue 117 Webster Avenue

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