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VACANT LAND
Listing Number: 33087520 | Jackson, NJ US | Jackson Township Municipal Utilities Authority 2 Seller's Other Auctions
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Auction Ended:
Final Bid:
$235,000.00
Bids:
1 Bids
Auction Details
| Starting Bid: $235,000.00 | |
| Current Price: $235,000.00 | |
| Buy Now Price | $0.00 | No Reserve Available for immediate purchase. |
| Buyer's Fee: 7.00 % - 5.00 % |
| Start Date | |
| End Date | [Extended] |
| Bid History | 1 Bids |
| High Bidder | Michael12 M*******2 |
| Page Views | 1815 |
Payment Details
Payment in full is due to Municibid no later than 5 working days after the close of the auction. Payment is accepted in the form of Electronic Fund Transfer, Wire Transfer, and Certified Payment (Certified Check, Cashiers Check, or Money Order). Mailed payments must be postmarked no later the 2 working days from the date of the notice of award. 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
PROPERTY IDENTIFIED AS BLOCK 2201, LOT 54, HERMAN ROAD, JACKSON, COUNTY OF OCEAN, STATE OF NEW JERSEY. THE REFERENCED PROPERTY IS A VACANT PARCEL OF LAND CONSISTING OF 4.73+/- ACRES, 206,039 SQ FT. UNUSABLE LAND AREA IS 2.12 ACRES. 92,347 SQ FT. TOPOGRAPHY SEVERE SLOPE, SHAPE IRREGULAR.
THE FRONTAGE/ACCESS: THE SUBJECT PROPERTY HAS AN AVERAGE ACCESS WITH FRONTAGE AS FOLLOWS: HERMAN ROAD; IT IS NOT A CORNER LOT.
HIGHEST AND BEST USE OF THE SITE: DEVELOP AS AS AN INDUSTRIAL OR LIGHT MANUFACTURING PROPERTY.
THE BUYER IS REQUIRED TO INCUR ANY AND ALL CLOSING COSTS, IN ADDITION TO ANY AND ALL MISCELLANEOUS COSTS, AS PART OF THE ACQUISITION OF THE REFERENCED PROPERTY, INCLUDING A $700.00 FEE FOR PREPARATION OF A CONTRACT OF SALE AND ALL CLOSING DOCUMENTS FOR THE JACKSON TOWNSHIP MUA TO BE DELIVERED TO THE BUYER'S ATTORNEY OR TITLE COMPANY. REQUIRED COSTS OF ADVERTISING SALE IN ONE NEWSPAPER CIRCULATING WITHIN JACKSON TOWNSHIP ON TWO (2) OCCASIONS, NOT TO EXCEED $101.60 AND ANY OTHER FEE REQUIRED TO BE PAID TO MUNICIBID.
PROPERTY WILL BE SUBJECT TO A MINIMUM STARTING BID AT THE APPRAISED VALUE OF $235,000.00.
THE JACKSON TOWNSHIP MUA RESERVES THE RIGHT TO ACCEPT OR REJECT ANY AND ALL BIDS SUBMITTED.
THE BUYER SHALL HAVE THE RIGHT TO ACCEPT THE PROPERTY BY QUITCLAIM DEED OR TO HAVE TITLE SEARCH AND COMMITMENT ISSUED AT REGULAR RATES BY A TITLE COMPANY LICENSED TO DO BUSINESS WITHIN THE STATE OF NEW JERSEY. IN SUCH CASE, THE JACKSON TOWNSHIP MUA WILL DELIVER A BARGAIN AND SALE DEED WITH CONVENANT AGAINST GRANTOR'S ACTS.
Additional information on this Auction
| Will Item results be voted on | No | |
| Will you ship this item | No. Pickup only. | |
| In person item inspection information | PLEASE CONTACT JOAN HALTIGAN AT JHALTIGAN@JACKSONMUA.COM OR 732-928-2222, EXTENSION 241 OR LISA SIEMANOWICZ AT LSIEMANOWICZ@JACKSONMUA.COM OR 732-928-2222, EXTENSION 242 |
Questions/Answers Ask the seller a question about this auction.
You must be signed in to ask and answer questions.| No one has asked a question on this item yet. |
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.
Our Buyers Fees
With Municibid, pricing is clear, up-front and transparent. A buyer's fee (% of the winning bid amount) will be charged directly to the winning bidder upon the close of each auction via the credit card you entered prior to placing the bid. You pay the selling agency directly for the full cost of the item. (unless otherwise noted)
All Buyers fee's are aggregate unless otherwise noted. This means after you cross certain price thresholds you will pay a different buyers fee for the remaining amount. See below for an example.
Example:
If buyers fee is 8% for bids up to $99,999.99, 5% for bids $100,000 - $499,999.99, and 4% for bids over $500,000.
- Winning bid: $50,000: = Buyers fee: $4,000 (8% of $50,000).
- Winning bid: $150,000: = Buyers fee: $10,500 (8% of $100,000 = $8,000) + (5% of $50,000 = $2,500).
- Winning bid: $550,000: = Buyers fee: $30,000 (8% of $100,000 = $8,000) + 5% of $400,000 = $20,000) + (4% of $50,000 = $2,000).
Where can I see what the buyers fee is?
The current buyers fee will always be shown on the page of the listing under the current price in both the bid area and auction details area. You will also see the buyers fee amount you will pay for your entered bid on the page where you confirm your bid.
What if the selling agency rejects my bid?
If the government agency rejects your bid (they reserve the right to do so) your buyer's fee will be returned, in full, to you within 5 days of notification to Municibid of the rejected bid by the governing body.
Bidding Increments
Please Note: Bid increments automatically adjust based on the level of the current bid. The increments are as follows:
| If amount is greater than or equal to | The bid increment will be |
| $0.00 | $1.00 |
| $100.00 | $10.00 |
| $500.00 | $25.00 |
| $1000.00 | $50.00 |
| $2500.00 | $100.00 |
FAIR WARNING ALL SALES ARE FINAL. You are legally obligated to pay for your item per the terms of the seller if you are the high bidder at the close of auction. If you do not pay for your item, you will not receive a refund of your buyer's final sale fee, you will no longer be permitted to bid on municibid.com and will be subject to a penalty of 40% of the winning bid amount. If your credit card is declined for insufficient funds, you will be charged a $50 fee.