The Laurelton School–Ready for Redevelopment in Brick NJ

The Laurelton School–Ready for Redevelopment in Brick NJ

By Order of the Brick Township Board of Education

The Laurelton School–Ready for Redevelopment
By Order of the Brick Township Board of Education
NOTE: 2.0+/- Acres

  • Excellent Route 88 location in Brick NJ near the confluence of Routes 70 & 88.
    • Route 88: 21,497+/- Average Daily Vehicles
    • Route 70: 27,871+/- Average Daily Vehicles
  • 2.0+/- Acres
  • Renovate the buildings and start generating income.
  • Opportunity to redevelop entire site and maximize your return.
  • Numerous Possibilities - Commercial, Mixed-use, Multi-family, Condos, Apartment, etc.
  • B-3 Highway Development Zoning allows for Long- and short-term care medical facilities, Office, Retail, Restaurant, Microbrewery, Distribution, etc.

ONLINE AUCTION
Bidding begins: Monday, June 20, 2020 at 9:00 am
Bidding 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 Preview June 11th by Appointment
To Schedule Call 888-299-1438 or email auctions@maxspann.com

Questions regarding this auction? Click on the documents tab above for answers to questions or clilck here to submit them in our contact us form.

Property Address: 

1811 Route 88
Brick Township, Ocean County, NJ 08724

Join the bidders club and download the property information package for details.

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

1.  UAuction Day Requirements: U I hereby agree to sign the contract of sale immediately upon the conclusion of bidding.  UA 10% deposit of the contract price is required.U  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.   UNO 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 Brick Twp. Board of Education.

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.