Government Surplus Real Estate by Order of the Township of Toms River NJ

Government Surplus Real Estate by Order of the Township of Toms River NJ-SOLD!

7 Residential and Commercial Lots

7 Residential and Commercial Lots

Auction By Order of the Township of Toms River

  • Something for everyone! Residential and Commercial opportunities throughout the township.
  • Attention Local Builders and Regional Developers! Pick up multiple locations and maximize your return.
  • Excellent opportunity for neighbors to pick up an adjoining lot and increase your current real estate holdings.
  • Several lots located near Silver Bay.
  • Highway Business Zone allows for all types of commercial uses.

Click here for an interactive map of the property locations

Table of properties (under documents tab also)

1394.2542.081870 Hinds Rd1.219HB
2394190Polhemus Rd0.099200
3233.2838Brand Rd0.1190
425245Maine St0.0475
52715279 Maine St0.09 
62801271 Silver Bay Rd0.0875
7724.385791 Tunney Point Dr0.1175
8-REMOVED1085.121930 6th Bayway0.6350

Auction begins: Monday, June 22, 2020 at 9:00 am
Auction concludes: Wednesday, June 24, 2020 at 2:00 pm

Bid Online or at the Bid Center:
Toms River Town Hall
33 Washington Street, Toms River, NJ 08753

Property Previews:
Download the property information package, then, drive-by the properties.

Join the bidders club and download the property information package. 

I, the undersigned, agree to the following terms and conditions, should I be the high bidder.

1.  Auction Day Requirements: I hereby agree to sign the contract of sale immediately upon the conclusion of bidding. A 10% deposit of the contract price is required.  All bidders must be pre-registered.  Funds must be wire transferred into Max Spann Real Estate & Auction Co. escrow account within 24 hours from conclusion of Auction.   NO EXCEPTIONS PLEASE!

2.  I recognize that this is an Auction Sale and is not subject to an attorney review period.  I will review the contract of sale prepared by Seller’s Counsel prior to the auction.

3.  I have read the terms of this sale posted on the premises, printed on the sale brochures and said terms are incorporated herein by reference, as are any public announcements made sale day.

4.  I agree to review the Property Information Packet prior to participating in Auction.

5.  A Buyer’s Premium of 10% of the Bid Price will be added to the bid price and become the Final Contract Price. The successful high bidder will be required to sign a contract of sale immediately upon the conclusion of the auction.  Property is being sold subject to Confirmation and Acceptance of Township of Toms River.

6.  If any check given in payment is not honored for any reason, I agree, whether said check be signed by me as maker or endorser, that if such check is placed in the hands of any attorney for collection, to pay all reasonable attorney’s fees, together with all costs of suit in the event is instituted.

7. Bidder represents warrants and acknowledges that the property is being auctioned by Max Spann Real Estate & Auction Co.  (“Spann”) in an "AS IS" and "WHERE IS" condition subject to all faults, and specifically and expressly without any warranties, representations or guarantees, either express or implied, of any kind, nature, or type whatsoever from Spann in its own capacity or as the agent, servant or employee of the seller of the property.  Bidder further acknowledges that Spann has not made any independent investigation of the condition of the property or examined, verified or confirmed the validity of any information, documents, literature, maps or sketches, pro-forms, or any other written documents provided in the Property Information Packet.

                Bidder and Bidder’s heirs, transferees, administrators, personal representatives, trustees, successors and assigns, forever waive, release, discharge and hold Spann harmless, from any claim it has, might have had, or may have against Spann with respect to:

                                a.             The condition of the Premises, either patent or latent, of any nature whatsoever, including environmental contamination;
                                b.             Buyer's ability or inability to obtain or maintain building permits, temporary or final certificates of occupancy or other licenses for the use or operation of the Premises, and/or certificates of compliance for the Premises;
                                c.             The actual or potential income or profits to be derived from the Premises;
                                d.             Any other state of facts which exist with respect to the Premises which at the time of closing were not the subject of actual knowledge on the part of Seller.