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Judicial Sale - Transition Property with Potential for Commercial / Residential Use

Asset Details

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Asset Description

This property being approximately 1.14 acres has an existing small structure, and a footprint for a cell tower. The cell tower has an existing lease, and the sale is being held subject to it. 

Wyckoff Mills Rd offers convenient location to residential and commercial amenities.

 

Property Geolocation
Asset Address
572 Wyckoff Road
Howell Township, 07731 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: 572 Wyckoff Mills Road, Howell Township, New Jersey Map Block 143, Lot 26.01
Date of Auction
Bidder Registration Time
Minimum Bid
20,000.00
Mail-in Bid Form
Sale Location
572 Wyckoff Mills Road
Howell Township, 07731 NJ
United States
Driving Directions
Order of Sale
Terms of Sale
On approval of the sale, all interests in, liens against, or claims to the properties that are held or asserted by all parties to this suit, including the plaintiff United State of America and defendants Shant S. Hovnanian, et al., as well as any nominees, successors in interest or transferees of those parties shall be discharged and extinguished.
The sale shall be subject to building lines, if established, all laws, ordinances, and governmental regulations (including building and zoning ordinances) affecting the Property, and easements and restrictions of record, if any. For avoidance of doubt, any sale of the Property shall be subject to the Wireless Communication Easement and Assignment Agreement entered into on September 29, 2010 between Adelphia Water Company a/k/a Adelphia Water Company, Inc. and Ulysses Asset Sub II, LLC, as successor-in-interest to T6 Unison Site Management LLC, which was recorded in the Office of the Monmouth County Clerk on October 13, 2010, in Book OR- 8854, Pages 7296, et seq., as Instrument No. 2010095810, and the “Existing Agreements” as defined therein, namely, that certain (i) Communications Site Lease Agreement (Water Tower) dated October 25, 2000, between Nextel of New York, Inc. d/b/a Nextel Communications and Adelphia Water Company, (ii) Lease Agreement dated April 2, 2002 between Adelphia Water Company, Inc. and A Cellular Telephone Company d/b/a AT&T Wireless, and (iii) Tower Lease (as disclosed by the Memorandum of Lease dated June 28, 2004) between Adelphia Water Company, Inc. and Omnipoint Facilities Network 2, LLC (collectively, the “Easement/Leasehold Interests”), which run with the land.

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.
Form of Payment
The successful bidder shall deliver a money order, certified check, or cashier’s check, payable to "The United States District Court for the District of New Jersey." This is submitted to the PALS.
The Terms of Payment
At the time of the sale, the successful bidder shall deposit with Internal Revenue Service, Property Appraisal and Liquidation Specialist, 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 Four Thousand Dollars ($4,000.00).

The successful bidder shall pay the balance of the purchase price for the offered property within forty-five (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 Phone Number
603-303-6196

Additional Details

Disclaimer
This is not an advertisement of a sale of seized property. This is an information notice only regarding a sale being conducted by the Internal Revenue Service as a result of the foreclosure of an Internal Revenue Service Federal Tax Lien by the Department of Justice.
Title Offered
On approval of the sale, all interests in, liens against, or claims to the properties that are held or asserted by all parties to this suit, including the plaintiff United State of America and defendants Shant S. Hovnanian, et al., as well as any nominees, successors in interest or transferees of those parties shall be discharged and extinguished.
The sale shall be subject to building lines, if established, all laws, ordinances, and governmental regulations (including building and zoning ordinances) affecting the Property, and easements and restrictions of record, if any. For avoidance of doubt, any sale of the Property shall be subject to the Wireless Communication Easement and Assignment Agreement entered into on September 29, 2010 between Adelphia Water Company a/k/a Adelphia Water Company, Inc. and Ulysses Asset Sub II, LLC, as successor-in-interest to T6 Unison Site Management LLC, which was recorded in the Office of the Monmouth County Clerk on October 13, 2010, in Book OR- 8854, Pages 7296, et seq., as Instrument No. 2010095810, and the “Existing Agreements” as defined therein, namely, that certain (i) Communications Site Lease Agreement (Water Tower) dated October 25, 2000, between Nextel of New York, Inc. d/b/a Nextel Communications and Adelphia Water Company, (ii) Lease Agreement dated April 2, 2002 between Adelphia Water Company, Inc. and A Cellular Telephone Company d/b/a AT&T Wireless, and (iii) Tower Lease (as disclosed by the Memorandum of Lease dated June 28, 2004) between Adelphia Water Company, Inc. and Omnipoint Facilities Network 2, LLC (collectively, the “Easement/Leasehold Interests”), which run with the land.

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.
Property May Be Inspected at
Open House
Date of Open House
-
Open House Bidder Registration
There being two sales in the area on that date. Registration may be accomplished at the first auction at 1 Dag Hammarskjold Blvd, Freehold, NJ, as will move to this subject location directly after conclusion of that sale. Those going to the 572 Wyckoff Mills Road location will be registered when the auctioneer moves to that location.