Bankruptcy Auction: 84 Slip Marina on 2.9+/- Acres

Description

Bankruptcy Auction: Hobby Lobby Marine, renovated in 2014 after Super Storm Sandy, has been family owner and operated since 1961. This 84 boat slip marina can accommodate vessels up to 40ft. The marina has a loyal customer base providing storage, repairs and sales (licensed parts & Yamaha outboards dealership). See Bidding Procedures, Asset Purchase Agreement as well as other important property and auction information in Documents. IN RE: Hobby Lobby Marine, LLC., Chapter 11, Sub V Bankruptcy Case No.: 22-19381-KCF in the US Bankruptcy Court, District of New Jersey. Please note: We are accepting bank checks ($150,000) onsite at the auction.

Documents

Auction Information

Property Information

* Requires confirmation of Online Agreement

Terms & Conditions

  • Buyers Premium:

    No Buyer's Premium

  • Closing:

    See Bidding Procedures

  • Deposit Amount:

    $150,000 Bank Check or Wire Transfer

  • Broker Co-op:

    2% to duly registered broker. YOU MUST SUBMIT A BROKER REGISTRATION FORM TO AUCUTIONEER NO LATER THAN 24 HOURS PRIOR TO AUCTION IN ORDER TO REGISTER.  CONTACT AUCTIONEER FOR REGISTRATION FOR REGISTRATION FORM.  

Inspection

By Appointment Only

  • Buyers Premium:

    No Buyer's Premium

  • Closing:

    See Bidding Procedures

  • Deposit Amount:

    $150,000 Bank Check or Wire Transfer

  • Broker Co-op:

    2% to duly registered broker. YOU MUST SUBMIT A BROKER REGISTRATION FORM TO AUCUTIONEER NO LATER THAN 24 HOURS PRIOR TO AUCTION IN ORDER TO REGISTER.  CONTACT AUCTIONEER FOR REGISTRATION FOR REGISTRATION FORM.  

By Appointment Only

Auction Info:

  • Sold
  • Property Type
    Special Purpose
  • Property Location
    1423-1427 Bay Ave
    Toms River, NJ 08753
  • Auction Location
    On-Site

Property Map



Auction Contact(s):

Joshua Olshin

Oren Klein

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