Foreclosure Auction: Custom Home on over 2.5 Acres

Description

Auction Advisors, Special Master. Please be advised the new Auction Date is February 11th at 12:00PM.
Foreclosure Sale of Stunning 6,500± SF Custom Home on 2.58± ACs.
SUPERIOR COURT OF NEW JERSEY, CHANCERY DIVISION MORRIS COUNTY DOCKET NO. SWC-F-006198-19, UNITY BANK, Plaintiff, v. GREGORY P. BAIRD, EDWARD I.WOLFE a/k/a NED WOLFE, AFFINITY FEDERAL CREDIT UNION, UNITED STATES OF AMERICA, STATE OF NEW JERSEY. By virtue of an Order of the Court in the above referenced matter, Auction Advisors was appointed Special Master and will expose the property in Morris County commonly known as, and located at, 16 Fox Hollow Road Morristown NJ 07960 (Block 8202/Lot 12) to sale at public venue on February 11, 2021 at 12:00 PM (prevailing time). The auction sale will be held on-site at the property. The Property will be open for inspection 1 hour before the auction and as otherwise set by the Special Master.
The property is set on manicured and secluded grounds at the end of a private driveway off Fox Hollow Road. It features: 6 bedrooms, 4.5 baths, a luxurious master suite, 3 levels of open living space. Gym, TV room, Solarium, Screened Porch, Indoor Chef’s Kitchen plus Full Outdoor Kitchen, Stone Patio, and more. A more complete metes and bounds description of the property can be found at the offices of Auction Advisors. The sale will be subject to any unpaid taxes, municipal liens or other charges and any such taxes, charges, liens, insurance premiums or other advances made by plaintiff prior to this sale. All interested parties are to conduct and rely upon their own independent investigation to ascertain whether or not any outstanding interest remain of record and/or have priority over the lien being foreclosed and, if so, the current amount due thereon.
Surplus Money: If after the sale and satisfaction of the mortgage debt, including costs and expenses, there remains any surplus money, the money will be deposited into the Superior Court Trust Fund and any person claiming the surplus, or any part thereof, may file a motion pursuant to Court Rules 4:64-3 and 4:57-2 stating the nature and extent of that person's claim and asking for an order directing payment of the surplus money. The Special Master or other person conducting the sale will have information regarding the surplus, if any. THE SPECIAL MASTER HEREBY RESERVES THE RIGHT TO ADJOURN THIS SALE WITHOUT FURTHER NOTICE THROUGH PUBLICATION. Full legal description IS available at the SPECIAL MASTER’S WEBSITE WWW.AUCTIONADVISORS.COM. The approximate amount of the judgment to be satisfied by said sale is the sum of ONE MILLION TWELVE THOSAND FOUR HUNDRED AND EIGHTY TWO DOLLARS AND SIXT FIVE CENTS ($1,012,482.65), plus interest together with the costs of this sale. The Special Master reserves the right to adjourn said sale from time to time subject only to such limitations or restrictions upon the exercise of such power as may be specially provided by law or rules of the Court. Sold subject to conditions of sale. Successful bidder must sign an acknowledgment of sale, pay 20% of bid in cash, certified check or official bank check at close of sale and the balance WITHIN 30 DAYS. If the successful bidder fails to comply with the conditions of sale, the property will be sold a second time and the deposit of the initial successful bidder shall be retained by the special master pending further order of the court.
Auction Advisors, Special Master.
Attorneys for Plaintiff:
Maselli Warren, P.C.
600 Alexander Road
Princeton, NJ 08540
609-452-8411

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Documents

Auction Information

Property Information

* Requires confirmation of Online Agreement

Terms & Conditions

  • Buyers Premium:

    N/A

     

  • Closing:

    30 Days

     

  • Deposit Amount:

    20% of bid price in cash, certified funds or official bank check

     

  • Broker Co-op:

    N/A 

     

Inspection

Sunday, January 24th from 12PM to 2PM.
Sunday, February 7th from 12PM to 2PM.
Thursday, February 11th from 11AM to 12PM (one hour prior to auction sale)

Wish to discuss this opporunity? Click Here to Book a Call

 

  • Buyers Premium:

    N/A

     

  • Closing:

    30 Days

     

  • Deposit Amount:

    20% of bid price in cash, certified funds or official bank check

     

  • Broker Co-op:

    N/A 

     

Sunday, January 24th from 12PM to 2PM.
Sunday, February 7th from 12PM to 2PM.
Thursday, February 11th from 11AM to 12PM (one hour prior to auction sale)

Wish to discuss this opporunity? Click Here to Book a Call

 

Auction Info:

  • Thursday, February 11th @
    12:00 PM
  • Property Type
    Residential
  • Property Location
    16 Fox Hollow Rd
    Morristown, NJ 07960
  • Auction Location
    On-Site

Property Map



Auction Contact(s):

Oren Klein

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

Joshua Olshin