A retail complex, a farm and several Atlantic County condominiums will be auctioned Thursday as part of a Max Spann Real Estate & Auction Co. event.
The auction will be held at 1 p.m. at the Sheraton Raritan Center, in Edison.
Some of the featured properties include three Atlantic County condos that were acquired by the Federal Trade Commission in a settlement with a false work-at-home and mystery shopper business caught in the national Operation Bottom Dollar sting. Two of the condos are on Iowa Avenue, in Atlantic City, and the third is in Galloway.
Developers also will have opportunities to bid on three publicly held ocean view lots on Ocean Terrace, in Seaside Heights, that are zoned for residential construction, as well as a lot in Bloomfield zoned for 40 apartments or condos.
Also available is a farm in Bethlehem Township in Hunterdon County. The 34-acre farm is close to Route 31 and I-78 and, according to a release from Max Spann, “offers quiet farm living for the interested buyer.”
In nearby Lebanon, a 22,000-square-foot complex will be sold at the auction, regardless of price. The Main Street location includes 12 units and is partially leased.
The Annandale-based auction house auctioned a former Pathmark retail center in Cherry Hill on July 20. The parcel went to an anonymous bidder for $1.7 million, according to published reports.
