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David R. Maltz & Co., Inc.

Contact Info:
David R. Maltz & Co., Inc.
Directions/Map:
120,000 SQ FT BLDG - 70 ACRES - 2,800' FRONTAGE ON I-95

DATE TO BE ANNOUNCED - CURRENTLY ACCEPTING OFFERS

Location:
24-26 Brick Yard Road Cranbury, NJ 08512

Brief Description:
Two Parcels:
1) 120,000 Sq Ft Warehouse on 17 Acres
2) 52 Acres - Prime Development Opportunity

Auction Specialty:  Real Estate (Commercial) | Real Estate (Land) | Real Estate (Residential)

  Auction Details  

 $50,000,000.00 Portfolio Liquidation - Immediate Sale Ordered

120,000± Sq Ft Warehouse on 70± Acres

2,800±' Frontage on New Jersey Turnpike (I-95)

Development/Redevelopment Opportunity

Details

  • 24-26 Brick Yard Road, Cranbury, New Jersey 08512
  • Township: Cranbury
  • Gross Lot Size: 68.48 Acres
  • 2,790' Frontage on I-95
  • Zoning: Industrial-Light Impact (I-LI)
  • Well Water
  • Property Consists of 2 Lots
  • 24 Brick Yard Road:
  • 51.74 Acres - Prime Development Opportunity
  • Zoning: Industrial-Light Impact (I-LI)
  • Currently Farmland
  • Current Land Use: Farms
  • Annual Real Estate Taxes: $1,032.96
  • *Ideal for Further Industrial Development or 55+ Adult Community*
  • 26 Brick Yard Road:
  • 16.74 Acres
  • Improved with 120,000± Square Foot Industrial Building
  • 17.00' - 18.00' Ceilings
  • 4 Roll-Down Doors
  • Zoning: Industrial-Light Impact (I-LI)
  • State Use: 04B
  • Annual Real Estate Taxes: $61,440.00
  • Current Land Use: Industrial (Nec)

Directions: From North- Take I-95 South to Exit 8A and Follow Signs to CR-535.  Take CR-535 South 2 Miles to US-130 South and Follow for 2 Miles.  Turn Left on Brick Yard Road (There is No Road Sign). Brick Yard Road is the First Left After the Cranbury Animal Hospital and is Adjacent to the Cranbury Service Center (Brick Yard Road is NOT 539-S).

Auction Date & Time:  To Be Announced.

Auction Location:  To Be Announced.

Terms & Conditions  of Sale:   Property will be sold free and clear of all liens, claims and encumbrances.

Buyer Broker Participation:  A two percent (2%) commission will be paid to any properly licensed Buyer Broker who registers a successful buyer in accordance with the Buyer Broker guidelines.  Please download the Broker Participation form for details.

Buyer's Premium:  A six percent (6%) Buyer's Premium will be added to the successful bidder's high bid to determine the contract price to be paid by the purchaser.


David R. Maltz, Auctioneer DCA# 762794
Phone (516) 349-7022  Fax (516) 349-0105

The property is being sold on an "AS IS, WHERE IS" basis, and no warranty or representation, either expressed or implied, concerning the property is made by the Seller, Auction Company or any of their Agents.  The information contained herein was derived from sources deemed reliable, but is not guaranteed.  Most of the information provided has been obtained from third party sources and has not been independently verified.  It is the responsibility of the Buyer and/or Buyer's Broker to determine the accuracy of all measurements and specifications of the property.    Each potential bidder is responsible for conducting his or her own independent inspections, investigations, inquiries, and due diligence concerning the property, including without limitation, environmental and physical condition of the property.  All prospective bidders are urged to do their own due diligence prior to participating in the Public Auction Sale.

Bid rigging is illegal and suspected violations will be reported to the Department of Justice for investigation and prosecution