Auction of Public Land

Listing Number: 28879671 | Ewing, NJ US | NJ DOT Right of Way Excess Land 1 Seller's Other Auctions

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Auction Details

Starting Bid: $63,000.00
Current Price: $200,100.00  
Buy Now Price $0.00
No Reserve   
Buyer's Fee: 7.00 % - 5.00 %
Start Date
End Date  [Extended]
Bid History 133 Bids  
High Bidder m*******s
Page Views 1843

Payment Details

The successful bidder will have up to 45 days from receipt of the proposed agreement of sale following the close of the auction to conduct their due diligence, thereafter, the successful bidder must deposit their winning bid within 5 days of the end of the inspection period. The Seller may grant an extension for cause. The buyer may request to cancel the bid only if the due diligence reveals an undisclosed condition which substantially and unreasonably impacts upon the value of the Property being conveyed. The next highest bidder MAY be offered the opportunity to purchase at their highest bid, subject to these terms and conditions. Payment is accepted by Muncibid.com in the form of Electronic Fund Transfer, Wire Transfer, and Certified Payment (Certified Check, Cashiers Check, or Money Order). Please note: It may take 2 to 3 days to process your payment once it is received. For full payment instructions please visit www.municibid.com/pay

Item Description

New Jersey Department of Transportation will sell the parcel of land noted below at a public internet auction. The auction may be viewed and bid on at any time prior to closing, which will occur at 5:00PM Eastern time on July 13, 2020.

The auction is hosted on www.municibid.com .

The property is identified as Route: University Heights Connector, Parcels VX564B, VX565B, VX566B, VX567B and VX658B. The property is located at 80 thru 88 1st Street, in the City Newark, Essex County, also known as Block 1879, lots 11,12,13,14,and 15 on the municipal tax maps.

The Property was acquired as a part of the highway right of way, consisting of approximately 0.217acres, (9,452) square feet. The Property is being sold without approvals.  Site is currently vacant.  The property zoning is R-3 - Residential Zone.  The Property may not be used for the display or erection of commercial billboards, signs, devices or advertising displays and may not be used for storage of salvaged materials or as a junk yard.

Property will be sold subject to a minimum Starting Bid of $63,000.

Information concerning the auction, additional terms and conditions is available at www.Municibid.com Auction #      .

By: David Kook, Management, Technical Support, on behalf of Diane Gutierrez-Scaccetti, Commissioner of Transportation.

 

Additional information on this Auction

Custom ID University Heights Connector Parcels VX564B, VX565B, VX566B, VX567B and VX658B
Will Item results be voted on No
Will you ship this item No. Pickup only.
In person item inspection information Vacant Land Located at 80 - 88 1st Street, Newark, NJ

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Item location This location is a general area based on the sellers zip code. It is not the specific address where the item is located.