Industrial Supply & Tool Inventory

Absolute Auction

A Large Warehouse Inventory of Industrial Supplies & Tools.

Auction Format:  Timed Online Auction

  81 Hamburg Tpk, Riverdale, NJ 07457, US (map)

Preview Date:
  •   Tuesday, June 18, 2024 @ 8:00am - 4:00pm

Pickup Dates:
  •   Wednesday, June 19, 2024 @ 1:00pm - 4:00pm
  •   Thursday, June 20, 2024 @ 8:00am - 4:00pm
  •   Friday, June 21, 2024 @ 8:00am - 4:00pm
  •   Monday, June 24, 2024 @ 8:00am - 4:00pm

Absolute Auction

A Large Warehouse Inventory of Industrial Supplies & Tools.

Auction Format:  Timed Online Auction

15% Buyer Premium applies to any purchases made via the online bidding platform

6.625 % New Jersey Sales Tax applies at this auction.  Bidders (resellers) who provide a valid NJ ST-3 Resale Certificate will avoid paying sales tax.

A valid credit card is required in order to confirm bidders identity and will remain on file.

Final Payment must be paid within 24 hours of auction. No Items can be removed until entire invoice is paid in full. Auctioneer reserves the right to resell buyer's lots if full payment is not made by 3PM next day.

We accept cash, cashier's checks or credit cards (up to $3,000 & a 3% processing fee applies for credit card purchases.)

All items are sold "as is, where is" without warranty or guarantee. Please inspect all items carefully before bidding. There will be no re-bids or rebates after an item is sold. This catalog is presented strictly as a guide and is subject to errors and omissions.

Bidders are responsible for the safe removal of their items within 72 hours of auction.  Please speak to the auctioneer about more time if working within this timeline is an issue.  Storage charges will be assessed for inventory which is not removed within 7 days of auction.  After 30 days, items will be deemed abandoned to auctioneer by purchaser.

Inventory not claimed or picked up within 7 days of the auction will be assessed a per diem storage charge of $10.00 / day / pallet.  After 30 days inventory will be considered abandoned. 

No returns or adjustments will be made after the auction. Bidders who elect to pay their balance by credit card understand an additional 3% convenience fee applies and agree to relinquish any and all rights to charge backs.

Record of sale kept by the Auctioneer will be taken as final in the event of any dispute. In the event the auctioneer cannot release all or part of the lot, the extent of the auctioneer's responsibility will be to refund all monies paid in connection with the lot in question. Auctioneer records the sale by voice recorder. No adjustments will be made to an invoice once the inventory leaves the premises.

All persons attending, inspecting or removing merchandise assume all risks whatsoever of damage or loss to person and property and specifically release the Auctioneer and Seller formal liability therefore. Auctioneer and Seller shall not be liable by reason of any defect in condition of the merchandiser premises on which the sale is held. Auctioneer at his sole discretion may require insurance and/or the use of a commercial rigger based upon the level of difficulty removing a piece of equipment.

Additional Terms of Sale may be announced by auctioneer on day of auction and a bid signifies acceptance of these Terms of Sale.

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