Description
The property consists of two tax lots aggregating 1.8± acres. There are 3 income-producing structures on the property: (i) a 8,748±sf single story commercial building, currently being operated as an auto body shop; (ii) a 3 unit small multi-family house with a large fenced-in vacant area, currently used for parking; and (iii) a 2 unit multi-family house. The property is part of the Redevelopment Plan for Area 2 Township of Maplewood. (See Documents Section for further details.)
The Property is located along Burnett Ave., just off of Springfield Avenue in the heart of Maplewood's Business District. The property is situated down the block from the recently built Maplewood Crossings Luxury Apartment Complex and Dehart Park. Easy access to Interstate 78, Route 280, Route 24, New Jersey Turnpike, Garden State Parkway. Just 15 miles from New York City and a 15 minute drive to Newark International Airport.
Documents
Auction Information
Property Information
- Executive Summary
- Redevelopment Plan
- Historic Preservation Commission Designation Report (38 Burnett Ave)
- Minor Subdivision Plat
- Property Specifications and Details
- Letter from Environmental Consultant *
- Picture Brochure
- Environmental Documents *
- Floor Plans (28 Burnett Ave)
- Temporary Easement in the form of a Right-of Access License *
Leases & Service Contracts
* Requires confirmation of Online Agreement
Terms & Conditions
- Buyers Premium: 10% based on the high bid.
- Closing: Sold in As-Is condition, no contingencies.
- Deposit Amount: $50,000 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
By Appointment Only.
Wednesday March 30th, 12pm – 2pm
Wednesday April 6th, 12pm – 2pm
Wednesday April 13th 12pm – 2pm
Auction Information
Property Information
- Executive Summary
- Redevelopment Plan
- Historic Preservation Commission Designation Report (38 Burnett Ave)
- Minor Subdivision Plat
- Property Specifications and Details
- Letter from Environmental Consultant *
- Picture Brochure
- Environmental Documents *
- Floor Plans (28 Burnett Ave)
- Temporary Easement in the form of a Right-of Access License *
Leases & Service Contracts
* Requires confirmation of Online Agreement
- Buyers Premium: 10% based on the high bid.
- Closing: Sold in As-Is condition, no contingencies.
- Deposit Amount: $50,000 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.
By Appointment Only.
Wednesday March 30th, 12pm – 2pm
Wednesday April 6th, 12pm – 2pm
Wednesday April 13th 12pm – 2pm