Details for BASS RIVER TWP

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BASS RIVER TOWNSHIP RESOLUTION 2018-25
A RESOLUTION AUTHORIZING THE PUBLIC AUCTION OF CERTAIN TOWNSHIP OWNED PROPERTIES
PURSUANT TO N.J.S.A. 40A:12-13(A) OF THE LOCAL LANDS AND BUILDINGS LAW
WHEREAS, the properties identified in Schedule “A” (attached hereto and incorporated herein by reference) are owned by
the Township of Bass River and are not needed for public purposes (hereinafter, individually the “Property” and collectively the
“Properties’); and
WHEREAS, the Properties will be sold by a sealed bid mailed to Township Clerk, P.O Box 307, New Gretna, NJ 08224 or
dropped off with the Township Clerk at 3 North Maple Avenue, New Gretna, NJ 08224.
WHEREAS, the public auction shall be conducted pursuant to the provisions of New Jersey Local Finance Notice 2008-9; and
WHEREAS, it is in the best interest of the Township to sell the Property by public auction in a manner set forth in N.J.S.A.
40A:12-13(a).
NOW, THEREFORE, BE IT RESOLVED by the Board of Commissioners of the Township of Bass River, County of
Burlington, State of New Jersey that the Properties shall be advertised for public sale pursuant to the Local Lands and Buildings
Law, N.J.S.A. 40A:12-1, et seq., subject to the following conditions:
1. The auction shall begin on Thursday, February 23, 2018 commencing at 12:00 pm and running through Friday, March 2,
2018 at 3:00 pm. Information and bid form can be obtained on-line at www.bassriver-nj.org or through the Township Clerk at
3 North Maple Avenue, New Gretna. All sealed bids are to be received by the Township Clerk no later than 3:00 pm on Friday,
March 2, 2018. The Clerk shall advertise the auction in the manner required by applicable State law. The bidding for Properties
shall commence at the minimum bid specified in Schedule “A”.
2. The Township shall have the right to remove any Property from the auction for any reason whatsoever until the time of the
auction. Notice of such removal will be posted prior to the commencement of the auction.
3. The highest qualified bidder, as designated by the Township Clerk, shall submit a NON-REFUNDABLE DEPOSIT IN
THE AMOUNT OF TEN PERCENT (10%) OF THE SUCCESSFUL BID IN THE FORM OF CASH, MONEY ORDER OR
CERTIFIED CHECK ONLY. Deposit must be submitted by 7 pm, Monday, March 5, 2018. The Township expressly reserves
the right to offer a Property for purchase to the next highest bidder if the preceding highest bidder(s) either (i) elects not to
pursue the purchase of a Property, or (ii) fails to comply with the requirements stated herein or in the Contract of Sale.
4. Except as provided in paragraph 12 of this Resolution, the deposit made by the purchaser is non-refundable. The
purchaser is not entitled to a refund of this deposit in any case except where the Township is unable to convey marketable title.
5. All bids shall be referred to the Board of Commissioners for review and final approval by Resolution pursuant to N.J.S.A.
40A:12-13(a) and N.J.S.A. 40A:12-13.1. The Township reserves the right to accept or reject any and all bids including the
highest bids and shall make its decision known by way of Township Resolution.
6. The Properties in Schedule “A” may include commercial and residential properties, as well as vacant lots.
7. Successful bidders shall be obligated to execute a Contract of Sale with the Township, embodying the terms and
conditions hereof, within 7 days after the close of bidding at public auction.
8. The Township shall record the deed and Contract of Sale with the Burlington County Clerk’s office on behalf of the successful
bidder and successful bidders shall be responsible for payment of (i) administrative fee in the amount of $ 150.00, and (ii) a deed
recording fee in the amount of $90 recording fee unless Purchaser’s title company requires that the Title Company record the deed.
9. Title to the Property shall be conveyed by a Deed Bargain and Sale and payment of the balance of the purchase price
(less the 10% deposit) shall be made in the form of cash or certified check at a closing to be arranged between the successful
bidder and the Township as prescribed in the Contract of Sale.
10. The Township shall not pay any commission to any broker for the sale of any auction property nor shall it pay any legal
fees in connection with the sale of any auction property.
11. The sale price, as may result from this auction sale, may not be used before any County Board of Taxation, Sate Tax Court
or in any other court of this State to challenge the assessment with respect to the subject property nor may same be used as a
comparable sale to challenge the assessment with regard to other properties.
12. It shall be the obligation of the successful bidder to have a title search of the property conducted within the prescribed
time period referenced in the Contract of Sale and obtain a title commitment. Further, the successful bidder shall deliver a copy
of the title report to the township within the time period prescribed in the Contract of Sale, together with written notice of any
encumbrance, interest, or exception of title disclosed by the title report that would render title unmarketable. A purchaser’s
failure to obtain a title report or to provide such notice to the Township of any title questions relating to the marketability
of a property within the requisite time period shall be deemed a waiver of each such title question or possible claim. THE
TOWNSHIP SHALL ASSUME NO REPONSIBILITY FOR ANY DEFETS IN THE TITLE WHICH THE PURCHASER DOES
NOT DELIVER NOTICE OF WITHIN THE TIME PERIOD PRESCRIBED IN THE CONTRACT OF SALE.
In
the event that the Purchaser fails to obtain a title commitment, the Township may elect to convey title to the property to the
purchaser by quitclaim deed.
13. Tax liability on any Property which is purchased from the Township shall commence immediately following the closing of
the Property. Purchasers shall be responsible for the timely payment of all real estate taxes and other municipal assessments
and charges during the time period within which the Property is being rehabilitated, if applicable, and all times thereafter.
14. The Purchaser of the auctioned property shall not sell or otherwise transfer title to any property purchased through
auction, or any part thereof, to a non-profit or non-taxable organization for a period of five (5) years from the date of closing on
the property. Such clause shall be included in the deed.
15. All properties shall be sold in “AS IS/WHERE IS” condition, subject to any and all existing tenancies, code violations
and other physical and environmental conditions. The Township does not make any representations or warranties as to the
condition or value of the properties or their suitability for any particular purpose. Bidder shall be afforded the opportunity to
inspect the properties prior to the auction.
16. Failure to comply with any of the requirements set forth herein or to close within sixty (60) days following the date the
Contract for Sale is fully executed, shall entitle the Township, in its sole discretion, to rescind prior bid approval, terminate any
and all rights to the designated bidder in the property, and retain the deposit.
17. The Township will not accept a bid by or on behalf of any person or business association, or any person having a 10% or
greater ownership interest therein, that owned, in whole or in part, the property being sold at any time within 12 months prior to
its foreclosure by the Township for tax arrearages unless:
a. the proposed bidder submits a bid in an amount equal to or greater than the calculated tax redemption amount, which
amount shall be made available on request prior to the auction.
b. if the previous owner submits the highest bid, said bidder shall tender, at the conclusion of the bidding, cash or
certified funds in the amount of 50% of his closing bid, in default of which the closing bid of the next highest qualifying bidder
shall be deemed to be the highest bid received.
18. The Township may, at its discretion, reject a bid by or on behalf of, or disqualify a successful bidder who:
a. owns or has more than a 10% ownership stake in any property located within the Township upon which there exists
a tax arrearage of more than 2 quarters; or
b. owns property located within the Township upon which there exists outstanding citations for house code violation.
16. Except as otherwise specifically set forth herein, no employee, agent or officer of the Township has the authority to waive,
modify or amend any of the foregoing conditions of sale.
I hereby certify the foregoing to be a true copy of a resolution adopted by the Bass River Township Board of Commissioners
at a meeting held on February 5, 2018.
TOWNSHIP OF BASS RIVER
By AMANDA SOMES, RMC-Clerk
BASS RIVER TOWNSHIP AUCTION LIST
Starting Bid
Block
Lot
Acres
Assessment
Location
Zoning
9,600
1
20
24
16,900
Mullica River
CoastalWetlands
9,600
1
21
24.15
17,000
Mullica River
Coastal Wetlands
5,000
3
4
1.8
44,800
Rt 9
New Gretna Village
100
31
2
.20
500
Munionfield Rd
Forest
*10,000 (37)
18
1.9
4,600
Highway Comm.
*For Both (37)
19
1
7,000
Rt 9
Highway Comm.
5,000
38
3
10.8
88,600
Village
15,000
40
3
7.4
72,500
Highway Comm.
4,500
54
36
4.1
4,500
By Cemetery
Rural Development
2,000
56
21
.252
3,800
Village
5,000
57
1
5.3
3,800
Off Mink Path
Preservation
1,800
57
44.8
1.8
10,000
West Road
New Gretna Village
5,600
63
51
7.830
5,600
Preservation
31,000
63
54
31
34,200
Preservation
4,200
63
57
4.2
4,700
Preservation
3,700
73
17
3.7
6,300
Oswego Rd
Preservation
3,600
78
31
4
3,600
Preservation
12,900
101
35
12.9
14,300
Oswego Rd
Preservation
10,000
103
185
10
17,000
Preservation
100
103.A50
.057
300
Ivy Place
Preservation
100
103.E4
.046
300
Shamong Rd
Preservation
2,000
115
15.8
2
3,400
Special Ag. Prog.
2,000
115
17
2
3,400
Special Ag. Prog.
6,700
120
16
6.7
11,400
Mine Survey
Preservation
11,600
120
19
11.57
19,700
Mine Survey
Preservation
BUNDLE BID STARTING AT $175,000
Block
Lot
Acres
Assessment
Location
Zoning
31
3
1.2
1,300
Off Atlantic Dr
Rural Development
31
4.1
6.5
101,300
Atlantic Drive
Rural Development
31
4.2
5.2
98,000
Atlantic Drive
Rural Development
31
4.3
5.2
98,000
Atlantic Drive
Rural Development
31
4.4
5.3
98,300
Atlantic Drive
Rural Development
31
4.5
5.2
98,000
Atlantic Drive
Rural Development
31
4.6
5.3
98,300
Pace Drive
Rural Development
31
4.7
5.2
98,000
Pace Drive
Rural Development
31
4.8
5.4
98,500
Atlantic & Pace Dr
Rural Development
31
4.9
5.1
97,800
Atlantic Drive
Rural Development
Printers Fee: $325.08
Pub. Date: February 9 & 16, 2018

Order No. 0000068455-01

BASS RIVER TOWNSHIP PO BOX 307, NEW GRETNA, NJ

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