News

Owner of Middle Eastern restaurant buys iconic Libby’s Lunch site in Paterson (northjersey.com)

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Libby's Lunch in Paterson Courtesy Kristin Coursen

Sal Washah, owner of Kanoon in Clifton, will replace the Libby's Lunch building with a restaurant and cafe. overlooking the Great Falls in Paterson.

PATERSON PRESS
Joe Malinconico

PATERSON — The owner of a Clifton restaurant where the menu features Middle Eastern smoked meats emerged as the high bidder on Tuesday to buy the iconic Libby’s Lunch hot dogs property at Paterson’s Great Falls, officials said.

In an online auction, Sal Washah outbid several other restaurant businesses by making a commitment to spend $850,000 to acquire the Libby’s property from the city of Paterson, officials said.

Mayor Andre Sayegh was jubilant over the outcome of the auction, conducted by Max Spann Real Estate, for a property assessed at $525,000.

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Tiny N.J. town to auction off 78 residential lots to make ends meet - nj.com

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By Josh Solomon | NJ Advance Media for NJ.com

Penns Grove borough government may be short on money, but it’s long on property.

The economically depressed Salem County enclave surrounded on three sides by Carneys Point and the Delaware River on the fourth gets nearly a half million dollars a year in state aid just to help it cover its bills.

But the borough also has an outsized real estate portfolio. Of the approximately 1,800 parcels in the 1-square-mile community, the local government owns about one in every 18 of them.

This month, the borough is hoping to even things out by putting most of its estate up for auction. It contracted with Max Spann Real Estate and Auction Company to unload 78 properties from its portfolio, selling them to homeowners or investors in an effort to get them back on the tax rolls. The sale, originally scheduled for March 1, was pushed to March 15, and runs through March 18.

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Historic Stafford Farm in Voorhees to be sold at auction; preserved for agricultural uses only

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Historic Stafford Farm in Voorhees is being sold.

The farm dates from a 1773 land grant from Gen. George Washington to his personal guard, Lt. John Stafford, and is preserved as farmland by the state

 

Article by Neill Borowski, Editor, 70and73.com

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Want to buy a school? Pohatcong Township is auctioning off building on 2 acres

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Want to buy a school? Pohatcong Township is auctioning off building on 2 acres

Updated Feb 05, 2020; Posted Feb 05, 2020
lehighvalleylive.com

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After years in limbo, South Jersey indoor flea market sells for $5.7M

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A New York-based developer plans on redeveloping the Grand Marketplace in Willingboro, an indoor flea market, and is considering potential residential or industrial uses. Article by Michelle Caffrey, Philadelphia Business Journal, December 24, 2019.

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The City of Atlantic City to Auction 195 Properties throughout the city

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Press Release: Max Spann Real Estate and Auction Co. is auctioning 195+/- foreclosed properties throughout Atlantic City on Tuesday, December 17, 2019.  

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Legendary NJ Harness Racing Leader’s Farm To Be Sold

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LEGENDARY NJ HARNESS RACING LEADER’S FARM TO BE SOLD

By Leon Zimmerman

(Member of the Harness Racing Communicators Hall of Fame)

The Colts Neck, NJ, horse farm founded by the late Hall of Famer Anthony T. Abbatiello, a leader in the growth of harness racing that propelled New Jersey to prominence in the sport for four decades, is to be sold at auction on site on September 5.

Sale of the 64.3-acre property, reduced from its original 450 acres many years ago by a state takeover of land for a major state highway (Route 18), includes a house, two barns with horse or livestock stalls, a half-mile horse training track, an accessory building with three large garage-type bays, four ponds for fishing or irrigation with a pump and State Department of Environmental Protection approvals in place.

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Branchburg: Landmark Neshanic Station historic house up for auction

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Article on mycentraljersey.com about the upcoming auction for the Historic House in Neshanic Station by order of Branchburg Township. 

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Former Golden Grille Lot in Jersey City Heads to the Auction Block

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Article on JerseyDigs.com about our upcoming Auction in Jersey City, NJ on March 14, 2019. 

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For less than $600K, you can own this Gilded Age NJ mansion with NYC skyline views

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Article on 6SQFT.com about the upcoming Auction of the 1920's Georgian Mansion in South Orange NJ on November 18th. 

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So You’re Bidding on a $6 Million Mansion at Auction…

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In the market for a new home? Try your luck bidding on this beautiful Scarsdale home going to auction June 29. - http://www.westchestermagazine.com

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Banquet Hall and Restaurant in Wayne to be Auctioned

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The Paris Inn Banquet Hall and Restaurant at 1292 Alps Road in Wayne will be sold by auction on April 25 at 1:00 p.m. at the Saddle Brook Marriott - jerseydigs.com

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Paris Inn Property To Be Auctioned Off April 25

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The auction comes more than a year after the once-beloved restaurant closed down after more than 40 years in business. - patch.com

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CRDA to auction off 95 vacant properties on March 28

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News article on the upcoming Auction of the 95 Lots Throughout Atlantic City, by order of the CRDA as reported on pressofatlanticcity.com.

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Interest in City Leads to Increase Land Prices

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Joseph Bodnar, auctioneer for Max Spann Real Estate and Auction Co., auctions off properties during a land sale Tuesday at the Atlantic City Convention Center. More than $1.6 million in surplus property was sold.
 

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