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   
Buyer's Fee: 7.00 % - 5.00 %
Start Date
End Date  [Extended]
Bid History 1 Bids  
High Bidder 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

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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.