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Judicial Sale - Commercial Real Estate in Freehold, NJ

Asset Details

Image Gallery
Asset Photos
The view of property while driving on Wyckoff
Facing into the property with Wyckoff behind the building
From Wyckoff into a one way going around property
Overview from above of property
Drawing of Layout of 1 Dag
Drawing of Layout of 1 Dag
Asset Description

Real Property located at 1 Dag Hammarskjold Blvd, Freehold, Monmouth County, NJ

 

NOTE:  Updated to remove cash option payment.

Property Geolocation
Asset Address
1 Dag Hammarskjold Blvd
Freehold , 07728 NJ
United States
Driving Directions

Firearms Prohibited

Members of the public attending the auction are prohibited from carrying/possessing a firearm(s) at the auction, even if carrying/possessing a firearm(s) is otherwise permitted under state or local law. The term “firearm” means any weapon (including a starter gun) which will or is designed to or may readily be converted to expel a projectile by the action of an explosive.

Asset Info

Date of Auction
Notice Information
Pursuant to an Order of Sale entered by the United States District Court for the District of New Jersey in
United States v Shant S. Hovnanian, et al., Case 3:18-cv-15099-RK-JBD the United States will offer to sell at public auction the property located at: 1 Dag Hammarskjold Blvd, Freehold, Monmouth County, NJ.
Legal Description

All that certain tract and parcel of land and premises hereinafter particularly described, situate in
the Township of Howell in the County of Monmouth and State of New Jersey as follows:
BEGINNING at the point of intersection of the southerly sideline of Dag Hammarskjold
Boulevard and the easterly sideline of Wyckoff Mills Road at the most northerly intersection of
Dag Hammarskjold Boulevard with Wyckoff Mills Road, said point being 30.00 feet measured
at right angles from the centerline of Wyckoff Mills Road; running thence

1. North 83 degrees 45 minutes 22 seconds East and running along the southerly sideline of Dag
Hammarskjold Boulevard a distance of 45.00 feet, to a point of curvature; thence

2. Southeasterly, along a curve bearing to the right with a radius of 160.00 feet and continuing
along the westerly sideline of Dag Hammarskjold Boulevard an arc distance of 502.65 feet to a
point of tangency; thence

3. South 83 degrees 45 minutes 22 seconds West and continuing along the Northerly sideline of
Dag Hammarskjold Boulevard a distance of 45.00 feet to a point in the easterly sideline of
Wyckoff Mills Road; thence

4. North 06 degrees 14 minutes 38 seconds West and continuing along the easterly sideline of
Wyckoff Mills Road a distance of 320.00 feet to the point and place of BEGINNING.
BEING known and designated a New Lot 25D as shown on Subdivision Map Lot 25 & 26,
Block 143, filed in the Monmouth County Clerk's Office as Map No. 100-21.
ALSO known as Lot 25.04 in Block 143 on the current tax map of Township of Howell, Monmouth County, New Jersey.

Date of Auction
Bidder Registration Time
Minimum Bid
500,000.00
Mail-in Bid Form
Sale Location
1 Dag Hammarskjold
Freehold, 07728 NJ
United States
Driving Directions
Order of Sale
Terms of Sale
The property is offered for sale “as is” and “where is” and without recourse against the United States. The United States makes no guarantee of condition of the property, or its fitness for any purpose. The United States will not consider any claim for allowance or adjustment or for the rescission of the sale based on failure of the property to comply with any expressed or implied representation. The sale is ordered in accordance with 28 U.S.C. Section 2001 and 2002 and is made without the right of redemption.
Form of Payment
All payments must be by a certified, cashier’s, or treasurer’s check drawn on any bank or trust company incorporated under the laws of the United States or under the laws of any State, Territory, or possession of the United States, or by a United States postal, bank, or express money order. by money order, certified check, or cashier’s check payable to The United States District Court for District of New Jersey, a deposit in an amount of One Hundred Thousand Dollar ($100,000.00).
The Terms of Payment
Payment of $100,000.00 is due upon acceptance of the high bid. The remaining balance is due in full within 45 days following the date of the sale.
Contact Information

Roger Sweeney
Property Appraisal and Liquidation Specialist
410 Amherst Street – Suite 350
Nashua, NH 03063-1278
United States

Contact Email
roger.p.sweeney@irs.gov
Contact Phone Number
603-303-6196

Additional Details

Disclaimer
This is an information notice only regarding a sale being conducted by the Internal Revenue Service.
Title Offered
Only the right, title, and interest of Shant S. Hovnanian, in and to the property will be offered for sale. If requested, the Internal Revenue Service will furnish information about possible encumbrances, which may be useful in determining the value of the interest being sold. See "Nature of Title" for further details.
Property May Be Inspected at
Drive-By Only
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