Bankruptcy Auction
A 50% Membership Interest In Two Real Estate Holding Companies:
Z&J Properties, LLC
- 62 Fournier Crescent, Elmwood Park, NJ - A residential 1/2 Duplex Unit.
- 181 Banta Avenue, Garfield, NJ - A 2-family residential property
- 12 Washington Place, Garfield, NJ - A duplex residential property.
- 465 US Highway 46, Kenvil, NJ - A vacant 990 sq ft commercial property
21 Summit Avenue, LLC
- 21 Summit Avenue, Elmwood Park, NJ - A 3,700 sq ft commercial property
Auction To Take Place at the Law Offices of:
Shapiro, Croland, Reiser, Apfel & Di Iorio, LLP
411 Hackensack Avenue | Hackensack, New Jersey | 07601
- Feb 2 @ 11:00am EST
- Add to Calendar
Bankruptcy Auction
A 50% Membership Interest In Two Real Estate Holding Companies:
- Z&J Properties, LLC
- 62 Fournier Crescent, Elmwood Park, NJ
A residential 1/2 Duplex Unit. - 181 Banta Avenue, Garfield, NJ
A 2-family residential property - 12 Washington Place, Garfield, NJ
A duplex residential property. - 465 US Highway 46, Kenvil, NJ
A vacant 990 sq ft commercial property
- 62 Fournier Crescent, Elmwood Park, NJ
- 21 Summit Avenue, LLC
- 21 Summit Avenue, Elmwood Park, NJ
A 3,700 sq ft commercial property
- 21 Summit Avenue, Elmwood Park, NJ
Auctioneer’s Notes:
- There is a $385,000 Opening Bid / Reserve.
- There are currently no leases for any of these properties. Any existing tenants are month to month.
- This is a sale of a 50% membership interest in the two corporations named above. Tax Returns and a profit and loss statement are available for review. Please contact auctioneer for Confidentiality and Non-Disclosure Agreement.
- Existing financing will remain in place and attached to related properties. The debtor provided tax returns show an existing mortgage in the amount of $302,710 & $150,000 in debt to a related party both secured by the 12 Washington Place, Garfield, NJ.
- No inspection or Open House will be offered for an up-close inspection of the subject properties.
- Any and all info provided on this page and other advertising is gathered from sources deemed to be reliable, however auctioneer & attorney make no warrantee or guarantee regarding the title, condition, marketability of each of these the debtor owned corporations. All bidders are bidding based upon their own due diligence.
- Final Sale is subject to Bankruptcy Court Confirmation.