Former Medical Office & Laboratory Building

Description

Court Ordered Auction! The property is a single story elevator building with usable basement consisting of a total of 15,900±SF on over an acre of corner land. The building was previously used as offices and laboratories for a blood bank. Excellent opportunity for use as office, retail, residential development and more. Strategically located at a lighted intersection, this corner property is located just off of the I-280 exit ramp. Easy access to The Garden State Parkway, NJ Turnpike, I-78, Routes 1 & 9 and 21.  In the Matter of the General Assignment for the Benefit of Creditors of the Blood Center of New Jersey, Inc.,  Final sale subject to court approval.

Documents

Auction Information

Property Information

* Requires confirmation of Online Agreement

Terms & Conditions

  • Buyers Premium: 10% of the high bid.
  • Closing: Sold in As-Is condition, no contingencies.
  • Deposit Amount: $35,000 due at time of auction. DEPOSIT MUST BE IN THE FORM OF A BANK CHECK.
  • Broker Co-op: 2% of the high bid will be paid to a properly registered broker at settlement.

Inspection

Inspections:

Tuesday, March 10th from 10am - 12pm. By Appointment Only.

Thursday, March 12th from 10am - 12pm. By Appointment Only.

  • Buyers Premium: 10% of the high bid.
  • Closing: Sold in As-Is condition, no contingencies.
  • Deposit Amount: $35,000 due at time of auction. DEPOSIT MUST BE IN THE FORM OF A BANK CHECK.
  • Broker Co-op: 2% of the high bid will be paid to a properly registered broker at settlement.

Inspections:

Tuesday, March 10th from 10am - 12pm. By Appointment Only.

Thursday, March 12th from 10am - 12pm. By Appointment Only.

Auction Info:

  • Sold
  • Property Type
    Commercial
  • Property Location
    45 South Grove Street
    East Orange, NJ 07018
  • Auction Location
    Sealed Bid

Property Map



Auction Contact(s):

Oren Klein

  • Email Oren
  • W: (212) 375-1222 x703
    F: (212) 202-6267

Jeremy Sandel