COMMERCIAL REAL ESTATE AUCTION $275,000 OPENING BID LIVE ON-SITE AUCTION: DATE TO BE DETERMINED, MARCH 3, 2015 @ 11:00AM LOCATION: 243 BROADWAY - LONG BRANCH, NJ 07740 PROPERTY FEATURES: +/- 10,000 SF 2 STORY MULTI ZONED COMMERCIAL BLDG. FINISHED BASEMENT (CUSTOM WOODWORK), WITH 2ND FLOOR APARTMENT W/OUTSIDE DECK & APPROX. 2,300 SF DETACHED 3 CAR GARAGE, LARGE PAVED FENCED IN PARKING LOT, LARGE FIRST FLOOR ROOMS, HIGH CEILINGS, CUSTOM WOODWORK & STAIRCASES, FIREPLACE, FLOOR TO CEILING WINDOWS. PROPERTY CURRENTLY BEING USED AS A FUNERAL HOME. UTILITIES: GAS FIRED HOT WATER HEAT, CITY WATER & SEWERS. TERMS: ALL PROSPECTIVE BIDDERS MUST REGISTER WITH THE AUCTION COMPANY THE MORNING OF THE SALE PRIOR TO THE AUCTION. A 10% DEPOSIT OF THE HIGH BID PRICE IS REQUIRED. A $25,000 DEPOSIT IN CASH, CASHIER’S OR BANK CHECK & SIGNED CONTRACT IS REQUIRED AT CLOSE OF BIDDING. THE BALANCE OF THE 10% DEPOSIT IS DUE 48 HRS. AFTER THE SELLER’S APPROVAL AND COURT’S ACCEPTANCE. PROPERTY IS BEING SOLD TO THE HIGHEST BIDDER WITH A NOMINAL OPENING BID OF $275,000. FINAL BID PRICE IS SUBJECT TO ACCEPTANCE BY THE BANKRUPTCY COURT. SALE SUBJECT TO A 4% BUYER’S PREMIUM. PROPERTY IS BEING SOLD “AS IS”, WITH NO CONTINGENCIES, FREE AND CLEAR OF ALL LIENS, CLEAR MARKETABLE TITLE GUARANTEED. INSPECTIONS: WED. FEB. 18 FROM 1PM TO 3PM, SAT. FEB. 21 FROM 12PM TO 3PM & FRI. FEB. 27 FROM 1PM TO 3PM & 1 HOUR PRIOR TO THE AUCTION (OR BY SPECIAL APPOINTMENT) VISIT OUR WEBSITE AT www.theauctioneersgroup.com and CLICK "DOCUMENTS" TAB FOR GENERAL INFORMATION, COMPLETE TERMS & CONDITIONS, COPY OF BUYER'S CONTRACT, & BROKER / CLIENT REGISTRATION SALE SUBJECT TO A 4% BUYER'S PREMIUM REALTORS PARTICIPATION ENCOURAGED AND PROTECTED A.P. NATOLI & PETER COSTANZO AUCTIONEERS & REALTORS NJ R.E. LIC. 8900421 PETER COSTANZO AUCTIONEERS, INC. R.E. LIC. 8910502 PETER COSTANZO THE AUCTIONEERS GROUP (609) 693-6899 (732) 776-7222 www.theauctioneersgroup.com
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