26 Tyler Street, Trenton, NJ

Listing Number: 72493003 | Trenton, NJ US | NJ Real Property Management 0 Seller's Other Auctions

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Auction Ended:

Monday, March 31, 2025 3:14 PM ET

Final Bid:

$101,500.00

Bids:

44 Bids

Auction Details

Starting Bid: $70,000.00
Current Price: $101,500.00
Buy Now Price	$0.00
No Reserve
Buyer's Fee: 7.00% - 5.00%

Start Date	Thursday, February 27, 2025 12:00 PM ET
End Date	Monday, March 31, 2025 3:14 PM ET [Extended]
Bid History	44 Bid(s)
High Bidder	M**7
Page Views	2782

Payment Details

All perspective bidders must submit a $5,000.00 deposit to participate. This deposit must be a certified or cashier's check, made payable to the State of New Jersey, Department of The Treasury. This deposit is fully refundable to non-winning bidders. The deposit will be applied to the purchase price for the winning bidder. DEPOSIT CHECK MUST BE RECEIVED 72 HOURS PRIOR TO END OF AUCTION. ONLY ELIGIBLE BIDDERS MAY PARTICIPATE IN AUCTION. ALL NON ELIGIBLE BIDS WILL BE DISREGARDED AND REPORTED TO MUNICIBID. PLEASE DELIVER DEPOSIT CHECK TO:STATE OF NEW JERSEY DEPARTMENT OF THE TREASURY 33 WEST STATE STREET 9TH FLOOR TRENTON, NEW JERSEY 08608 ATTN: ROBERT TIGHUE THERE ARE OUTSTANDING TAX CERTIFICATES ON THIS PROPERTY. ALL TAX LIENS WILL BE PAID OUT OF THE PROCEEDS OF THE SALE.

Item Description

The building has been vacant for several years and is in poor condition. Sale is strictly As-Is. Building will require complete renovation or demolition. The State has acquired this property via forfeiture.

THERE ARE OUTSTANDING TAX CERTIFICATES ON THIS PROPERTY. ALL TAX LIENS WILL BE PAID OUT OF THE PROCEEDS OF THE SALE.

-Added: 3/31/2025 2:14:01 PM

Additional information on this Auction

Custom ID	THERE ARE OUTSTANDING TAX CERTIFICATES ON THIS PROPERTY. ALL TAX LIENS WILL BE PAID OUT OF THE PROCEEDS OF THE SALE.
Will Item results be voted on	No
Will you ship this item	No. Pickup only.
In person item inspection information	Property being sold As-Is. Contact Bob Tighue (609)-943-3492 for details.

Questions/Answers Ask the seller a question about this auction.

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Q:	"are we able to view the inside " - Asked by #45526316 03/05/2025 07:05 PM
A:	I have not set up an "Open House" but I can try to make arrangements if you need to. The value is based on "land only" and the building is expected to be demolished after its purchased. -Answered on 03/05/2025 07:10 PM
Q:	"Bob, is this a multi family property; if so how many units? " - Asked by #72979723 03/17/2025 11:05 PM
A:	I have not inspected the interior of the building. I believe it is only a single-family unit, however it's been vacant for several years and the sale is based on it's land value less the estimated demolition of the existing structure. The purchaser would be buying it As-Is, and it is expected that it would require either demolition or a complete rehab. You will need to check with the City to see if it can be used for more than a single-family residence. -Answered on 03/19/2025 09:34 AM
Q:	"How long has the property been vacant ?" - Asked by #573038 03/27/2025 03:14 AM
A:	I'm not 100% sure, but I believe more than 10 years. -Answered on 03/27/2025 08:55 AM

Item location This location is a general area based on the sellers zip code. It is not the specific address where the item is located.

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Our Buyers Fees

With Municibid, pricing is clear, up-front and transparent. A buyer's fee (% of the winning bid amount) will be charged directly to the winning bidder upon the close of each auction via the credit card you entered prior to placing the bid. You pay the selling agency directly for the full cost of the item. (unless otherwise noted)

All Buyers fee's are aggregate unless otherwise noted. This means after you cross certain price thresholds you will pay a different buyers fee for the remaining amount. See below for an example.

Example:

If buyers fee is 8% for bids up to $99,999.99, 5% for bids $100,000 - $499,999.99, and 4% for bids over $500,000.

Winning bid: $50,000: = Buyers fee: $4,000 (8% of $50,000).
Winning bid: $150,000: = Buyers fee: $10,500 (8% of $100,000 = $8,000) + (5% of $50,000 = $2,500).
Winning bid: $550,000: = Buyers fee: $30,000 (8% of $100,000 = $8,000) + 5% of $400,000 = $20,000) + (4% of $50,000 = $2,000).

Where can I see what the buyers fee is?

The current buyers fee will always be shown on the page of the listing under the current price in both the bid area and auction details area. You will also see the buyers fee amount you will pay for your entered bid on the page where you confirm your bid.

What if the selling agency rejects my bid?

If the government agency rejects your bid (they reserve the right to do so) your buyer's fee will be returned, in full, to you within 5 days of notification to Municibid of the rejected bid by the governing body.

Bidding Increments

Please Note: Bid increments automatically adjust based on the level of the current bid. The increments are as follows:

If amount is greater than or equal to	The bid increment will be
$0.00	$1.00
$100.00	$10.00
$500.00	$25.00
$1000.00	$50.00
$2500.00	$100.00

FAIR WARNING ALL SALES ARE FINAL. You are legally obligated to pay for your item per the terms of the seller if you are the high bidder at the close of auction. If you do not pay for your item, you will not receive a refund of your buyer's final sale fee, you will no longer be permitted to bid on municibid.com and will be subject to a penalty of 40% of the winning bid amount. If your credit card is declined for insufficient funds, you will be charged a $50 fee.