Auction Information
2 Acres in Pilesgrove, NJ
*** Attention Builders, Investors, Land Speculators *** Multi-Property Auction Event *** Bank Owned and Estate Ordered Sales *** Some Sold Absolute!
Multi-Property Auction - Friday, June 27th at 1:00
Property #1: 257 Johnson Street, Carneys Point, NJ 3 BR, 1.5 Bath 2-Story Colonial with 1-Car Detached Garage, By Order of Executor, Estate of Thomas DeLucia, Sold Absolute, No Reserve, No Minimum
Property #2: Centerton Road Block 1601, Lot 24 Q-Farm, 6.35 +/- Acres, Pittsgrove Township, R2 Zoning
Property #3: Centerton Road Block 1601, Lot 25 Q-Farm, 21.93 +/- Acres, Pittsgrove Township, R2 Zoning
Property #4: 290 E. Cohawkin Road, East Greenwich, 7 +/- Acre Lot, By Order of East Greenwich Township, RR-C Zoning (Rural Residential Cluster)
Property #5: 655 Salem-Quinton Road, Quinton Township, 3 BR 3 Bath Cape Cod (built in 1946) on 100 x 167 lot, By Order of Executor, Estate of Delor...
Property #5: 655 Salem-Quinton Road, Quinton Township, 3 BR 3 Bath Cape Cod (built in 1946) on 100 x 167 lot, By Order of Executor, Estate of Delores Wolfe, Sold Absolute, No Reserve, No Minimum
Property #6: BANK OWNED: 44 Walnut Street, Gloucester Township, 4 BR, 2.5 Bath Colonial on 64 x 177 lot
Property #7: Woodstown-Swedesboro Road, Pilesgrove Township, 2.0 +/- Acre Approved Building Lot (Block 28 Lot 2.09)
Property #8: Coles Mill Road, Franklin Township, 0.85 +/- Acre Lot (Block 1001, Lot 67.01), NC Zoning, Preliminary Approvals for 3,990 sf retail building, corner of CR555 & CR538
Property #9: BANK OWNED: 10 Lake Street, Bridgeton, Block 275 Lot 14, 106 x 242 Lot
Property #10: BANK OWNED: 20 Lake Street, Bridgeton, Block 275 Lot 14.01, 106 x 319 Lot
Property #11: BANK OWNED: 492 Richards Road, Bridgeton, Single Family Dwelling on .37 +/- acre
AUCTION DATE: Friday, June 27th at 1:00 PM
AUCTION LOCATION: Holiday Inn Select, 1 Pureland Drive, Swedesboro, NJ
PROPERTY INSPECTIONS: June 8th 12:00 - 1:00 PM (Properties 1, 5, 6 & 11)
TERMS: 10% deposit ($2500 for properties 1, 2, 5, 7, 8, 9 & 10), ($5000 for properties 3, 4, 6 & 11) remainder of the 10% deposit in cash or personal check. Closing will be on or before 45 days from the date of the auction.
AGENCY: Warner Real Estate & Auction, Auctioneer/Broker, is acting exclusively as agent for the seller.
CONTRACT: The successful high bidder will be required to sign a contract for sale immediately upon the conclusion of the auction with the deposit acting as a down payment (earnest money). Contract of sale was reviewed by Sellers Counsel and should be reviewed prior to the auction.
BUYERS PREMIUM: A 10% Buyers premium will be added to the final bid and be included in the total contract price.
ABSENTEE BIDDING BY TELEPHONE: Arrangements by signed contract for sale and guaranteed deposit must be made with the Warner Real Estate & Auction office no later than one week prior to Auction.
DISCLAIMER: ALL PROPERTIES SOLD AS IS. The only representation and warranties made are those contained in the Contract of Sale. Auctioneer may alter terms of the sale through announcements on auction day.
BROKER PARTICIPATION: A 1.5% commission of the high bid, before adding buyers premium, will be paid to any qualified licensed real estate broker whose prospect is the successful bidder at the auction and closes on the property. To qualify for a commission, the broker must first register the prospect by mail, deliver by hand or fax the prospects name and address on Warner Real Estate & Auctions Registration Form.
