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Description
Offered for sale by the New Jersey Department of Transportation (NJDOT) is the property described below.
Location: City of Newark, Essex County Block 1879 Lots 1-4.
intersection of 1st Street and Sussex Avenue.
Note: Lot 5 is not owned by NJDOT and is not part of the sale.
GPS Coordinates: 40.749279, -74.18764
Size: approximately 8,264 SF. Zone: R-3 Third Residential.
Improvements: Site is vacant. Approvals: None
The NJDOT acquired the property as a part of a roadway project as Route 280 (1953), Sec. 7, Parcels 212, 213, 214 and 215. The property was formerly residential.
Terms and Conditions
Property has a minimum Starting Bid of $455,000.
No representation or warranties are made, express or implied, as to the environmental condition of the Property.
No representation or warranties are made, express or implied, as to the title held by the Seller to the Property, as to the condition of the Property, or its suitability for any particular use or development and the property will be sold as is.
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.
No survey or environmental report will be provided by the NJDOT.
The NJDOT will provide the successful bidder, upon request, with any title records for this property that it has on file.
NJDOT will contact the successful bidder to arrange for an agreement.
Payment is required prior to the Bargain and Sale deed being executed and recorded on the purchaser’s behalf by NJDOT.
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