(2) PROPERTIES TO BE SOLD AT AUCTION ON SAME DAY & TIME

SELLS THURSDAY, OCTTOBER 26, 2017 AT 12:00NOON AT 46 COLONIAL AVE, TRENTON, NJ 08618

AND IMMEDIATELY THERAFTER AT

1209 S CLINTON AVENUE, TRENTON, NJ 08611

Details:

• 46 Colonial Ave, Trenton, NJ 08618
• Muti-Family Home
• 7 Units.
• Has an additional 8th unit on the third floor which needs a fire escape for it to be occupied.
• 4,800+/- SQ FT
• .28 Acres
• Seperate heating units and electric meters.
• Approximate Real Estate Taxes: $8,250 (2016)
• Vacant NOT BROOM CLEAN
• Right near West State St. - a main thoroughfare

Details:

• 1209 S Clinton Avenue Trenton, NJ 08611
• 2-Story (9) Room Legal Boarding House
• 3,515+/- S.F. Finished
• Lot Size 2,725 (109' D x 25' W)
• Built 1917
• County: Mercer
• Approximate Real Estate Taxes: $7,611.22 (2016)

Inspections/Viewings:   October 26, 2017 at 11:00 AM.

Auction Date & Time:  October 26, 2017 at 12:00Noon. 

Registration begins at 11:00 am.

Auction Location:  46 Colonial Ave, Trenton, NJ 08618

Terms & Conditions of Sale: Properties are Sold "AS IS" WHERE IS"  with free and clear of all monitary liens and with insurable title. In order to register to bid, all prospective bidders must present a bank check in an amount of $7,500. for Colonial Avenue & $12,000. for S Clinton Avenue made payable to “American ALA, Inc.”.  Closing must occur within 30 days after the auction.  Subject to sale prior to auction as pre-auction offers will be considered.  Please download the complete Terms and Conditions of Sale. 

Buyer’s Premium:  A ten percent (10%) Buyer’s Premium will be added to the Successful Bidder’s high bid to determine the contract price to be paid by the Successful Bidder.

Buyer Broker Participation:  A two percent (2%) commission will be paid to any properly licensed Buyer Broker who registers a successful buyer in accordance with the Buyer Broker guidelines.  Please download the Broker Participation form for details.

INSPECTION/REGISTRATION: 11:00AM DAY OF AUCTION

AMERICAN AUCTIONS, LIQUIDATIONS, APPRAISALS, INC.

516/631.777.7295 / 800.837.0447  

www.AmericanAssetsOnline.com

MEMBER NAA, NYSAA, ABI, CAGA

This Property is being sold on an “AS IS, WHERE IS” basis, and no warranty or representation, either expressed or implied, concerning the Property is made by the Seller, Auction Company or any of their Agents.  The information contained herein was derived from sources deemed reliable, but is not guaranteed.  Most of the information provided has been obtained from third party sources and has not been independently verified.  It is the responsibility of the Buyer and/or Buyer’s Broker to determine the accuracy of all components of the sale and Property.    Each potential bidder is responsible for conducting his or her own independent inspections, investigations, inquiries, and due diligence concerning the Property, including without limitation, environmental and physical condition of the Property.  All prospective bidders are urged to conduct their own due diligence prior to participating in the Public Auction.

Bid rigging is illegal and suspected violations will be reported to the Department of Justice for investigation and prosecution.