Property Description

Welcome to this adorable 4 bedroom 1 bathroom nearly 1,600 Square Foot Single Family detached home in the heart of charming Brooklawn NJ! This home is in really good condition and is perfect for any type of home Buyer. More details & photos to come - stay tuned! ---- Property is owned by the municipality and will be sold via in-person Public Auction. Traditional submission of offers will not be accepted at this time. Borough of Brooklawn will offer for sale by open public auction to the highest responsible bidder, at the time and place set forth below. ---- Auction Date & Time: Friday, June 5th at 4 pm (sharp!) Location of Auction: Brooklawn Municipal Building, 301 Christiana Street, Brooklawn, NJ 08030 The minimum/starting bid is $285,000. The successful bidder must deliver a deposit of 10% of the purchase price in certified funds or bank check no later than close of business on the first business day following written notice of acceptance from the Borough. Failure to timely submit the deposit shall constitute default. Closing shall occur within thirty (30) days from the date of delivery of written notice of acceptance by the Borough, unless extended in writing by the Borough. The Buyer shall obtain Title Insurance at Buyer’s sole cost and expense. The property shall be conveyed by Bargain and Sale Deed with Covenants Against Grantor’s Acts (or Quitclaim, if the Borough elects—confirm before publishing). The property is sold strictly “AS-IS, WHERE-IS”, with all faults and defects, visible or latent. The Borough makes no representations or warranties, express or implied, including but not limited to: title, boundary lines, zoning, environmental conditions, code compliance, or fitness for any particular purpose. Buyer is responsible for all inspections, permits, certifications, repairs, taxes, utilities, and closing costs. 5-Year Deed Restriction: The property shall be owner-occupied for a period of not less than five (5) years from the date of closing. Leasing or renting the property during this period is prohibited. This restriction shall be set forth in the deed. Failure by the Buyer to perform any term of sale shall constitute a default, and the Borough shall be relieved of any obligation to proceed with the sale and may retain the deposit as liquidated damages, as permitted by law. The Borough reserves the right to reject any and all bids. All sales are subject to Mayor and Council approval. By Order of the Mayor and Council of the Borough of Brooklawn

Property Features

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