Warner Real Estate & Auction Company to Auction Bank-Owned Properties in N.J.

NEW JERSEY—On Friday, October 5, Warner Real Estate & Auction Company will auction three bank-owned properties in southern New Jersey. , on Friday, October 5, 2012, at 3pm local time, according to Richard G. Warner, CAI, AARE, President and Broker of Record.

Properties to be auctioned include:

-5105 Winchester Avenue in Ventnor City, a 75-ft. by 80-ft. bayfront building lot with a CAFRA permit, bulkhead and foundation pilings.

-1742 Mays Landing—Somers Point Road in Egg Harbour Township, a two-story colonial that was converted into professional office space. The property, which is situated on approximately 1.14 acres, includes a conference room, private offices and a private parking lot.

-An eight-acre parcel of land located in Rio Grande at 9th and Garden avenues. The parcel includes seven lots and site improvements, paved roads, curbing and stop signs. The property is zoned as residential with lots ranging in size from 0.42 to 2.29 acres.

The auction is slated to begin at 3 p.m. and will be conducted off-site at the Residence Inn Atlantic City Somers Point, 900 Mays Landing Road in Somers Point.

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