WILLIAMS & WILLIAMS REAL ESTATE AUCTIONS

1 North Main Street, Cape May Court House, NJ 08210

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1 North Main Street, Cape May Court House, NJ 08210
357190 00--DH-/02-2020

SELLS WITHOUT RESERVE
Former bank building with 8,580+/- sf on 0.25+/- acres. Two story brick building (second floor is in shell condition) located on corner of N Main St and Mechanic St. First floor square footage is approximately 4,399+/- sf. 9 parking spaces. Due diligence materials available with CNRA (survey, environmental, title, etc.).

Auction Starts:
10:00 AM EST Tuesday, February 18, 2020

Auction Ends:
12:05 PM EST Thursday, February 20, 2020

Open to the Public:
11am-2pm Fri Jan 31, and Feb 14.

SELLS WITHOUT RESERVE

Note: A Buyer’s Premium (Buyer’s Fee in WI) will apply for this property. Please see Terms of Sale for details.

Legal Description:
L24,25 County: CAPE MAY, NJ APN: 06-00234-0000-00013 Map Reference: 234 / 13 Legal Lot: 13 Legal Block: 234 Municipality/Township: MIDDLE TWP TRACT NO. 1 BEGINNING at a corner of lands formerly of Coleman F. Leaming now of Estate of Marion S. Douglass, in the middle of said Main Street standing four feet three inches Northeast of a line ranging along the outer Northeast wall of said William Ross Store House and distant from the Northeast corner of said Store House sixty five feet and running thence along the line of lands formerly of said Leaming about North sixty degrees West to the Northward of said Store House (keeping four feet three inches from said outer wall) one hundred and forty five feet to a corner standing forty feet from the Northwest corner of said Store House, thence along said Leaming's line (now of Ponemah Tribe No. 163 Improved Order of Red Men) South thirty degrees and thirty minutes West fifty five feet to the middle of Mechanic Street, thence along the middle of Mechanic Street South sixty degrees East one hundred and forty five feet to the middle of said Main Street, thence along the middle of said Main Street North thirty degrees and thirty minutes East Fifty five feet to the place of beginning. EXCEPTING AND RESERVING HOSEVER thereout and thereout and therefrom ALL that lot, piece or parcel of land which William Ross et ux by Deed bearing date of February 22, 1888 and of record in said Clerk's Office in Deed Book 79, Page 381 &c. granted and conveyed to Julious Way in fee. TRACT NO. 2 BEGINNING at the Northeast corner of the lot hereby conveyed, being also the Northwest corner of the lot of the heirs of Marion S. Douglass, deceased, and being in the line of a sixteen feet right of way on the Northeast side of said lot, and running from thence along the lot of the heirs of the said Marion S. Douglass, deceased, South twenty-one and one half degrees West, forth-one and seven tenths feet to a corner formerly of L. S. Ludlam, now of The First National Bank of Cape May Court House; thence along the line of the lot of the said First National Bank, North sixty degrees West, seven and nine tenths feet to a corner of the said Alice Willis; thence North twenty-nine and one half degrees East about forty-eight feet to a corner in the line of said sixteen feet right of way; thence along said right of way, South fifty-six and one half degrees East, about seven and nine tenths feet to the place of beginning. TOGETHER with a right of way in and over a certain strip of land along the Northeastwardly line of the above granted premises for the said party of the second part, its successors and assigns forever, and its and their servants and tenants and occupants from time to time, of the premises above granted, and any other person or persons for it and their benefit and advantage (in common with the owners and occupants of the adjoining premises, their heirs and assigns, and their servants and tenants and occupants from time to time, of its and their premises adjoining and any other person or persons for its and their benefit and advantage) at all times freely to pass and repass on foot or with animals, vehicles, loads or otherwise, the said strip of land and way being sixteen feet wide and extending along the Northeasterly line of said lot along the whole width of the lot above granted to the Main Seashore road. TRACT NO. 3 BEGINNING at the corner of William Ross, in the middle of the Main Seashore Road or Turnpike (sometimes called Main Street) standing four feet and three inches Northeastwardly of the line ranging along the outer Northeastwardly wall of said Ross' Store House, and distant from the Northeastwardly corner of said Store House sixty five feet thence parallel with said line North fifty seven degrees and fifteen minutes West distant more or less to a stone in the outer edge of the sidewalk, thence continuing the same (last named) course passing to the Northward of said stone house and keeping four feet three inches from said outerwall, seventy five feet eleven inches to a corner in other lands of the said way, fifty four feet six inches from a line ranging along the outer Southeast wall of said store house, thence along the land of the said way, North thirty two degrees East, about forty two feet, to a corner in the line of land of Townsend Garretson (the last named course being in the line of two large maple trees) thence in a Southeasterly direction (but not parallel with the first course) binding by land of said of Garretson, about fifty five feet and in the line of said two large maple trees to a small iron pipe driven into the ground at the front of one of said maple trees in a line ranging along the outer Southeastwardly wall of said store house and measuring on said line) forty one feet eight inches distant from Northeast corner of said store house and thirty seven feet five inches distant, from said Ross' line; thence still binding by land of said Garretson and in said Southeasterly direction distance more or less to the middle of the aforesaid Sea Side Road, thence along the middle of said road South thirty two degrees West distance more or less to the place of beginning. Together with the right of way in and over a certain strip of land along the Northeastwardly line of the above granted premises for the said party of the second part, its successors and assigns forever, its successors and assigns and occupants from time to time, of the premises above granted, and any other person or persons for his and their benefit and advantage, (in common with the said party of the first part and the said Townsend Garretson, their respective heirs and assigns, and their respective servants and the tenants and occupants from time to time of the respective premises adjoining and any other person or persons for their respective benefit and advantage) at all times freely to pass and repass, on foot or with animals, vehicles, loads or otherwise the said strip of land and way being sixteen feet wide and extending along the whole length of the above lot granted to the aforesaid Main Seashore Road, under and subject to the express understanding and agreement that the said maple tree shall remain permanently upon the line. BEING the same premises granted and conveyed to Andrew Munn by Deed dated the twenty-eight day of September A. D. 1921 by E. B. Wheaton Douglass et als. and recorded in the Clerk's Office of Cape May County in Deed Book No. 360, page 90 &c. TRACT NO.4 BEGINNING at a point in the curb line on the Northeastwardly side of Mechanic Street at a point 22 feet Northwestwardly (measured in said curb line) from where the outer Northwest, wall of William Ross's gravel brick stone house if continued would intersect said curb line and running from thence (1) North 60 degrees West, 18 feet to a corner; thence (2) North 30 1/2 degrees East, 41.5 feet along the line of Ponemah Tribe #163 I.).R.M., to a corner in said line; thence still along the same (3rd) North 29 1/2 degrees East 43 feet 5 inches to a corner; thence (4) Along a 16 foot right-of-way South 56 1/2 degrees East about 18 feet, more or less, to a corner of land conveyed by J. Swing Willis and wife, to the First National Bank of Cape May Court House; thence (5) Along the said land of the said Bank on a course of about South 30 ½ degrees West about 84 feet, more or less, to the first place of beginning. TRACT NO. 5 BEGINNING at a corner of a lot conveyed by William F. Garrison and wife to Laura Steel by Deed dated March 20, 1899 (which deed is recorded) in the curb line of said lot on the Northeastwardly side of Mechanic Street, thence first, North 32 degrees and 45 minutes East to a corner at the inner edge of said side walk; thence (2) Continuing the same course last named binding by the line of said lot so conveyed to the said Laura Steel 94 feet, more or less to a point in the Southwest side line of Lot 1 on said Map; thence (3) Binding by said Lot 1 South 57 degree and 15 minutes East 33 ½ feet more or less to a corner to land marked on said map of lot 2; thence (4) South 32 degrees West 60 feet, and 4 inches more or less to a corner ; thence (5) Along the land marked Wm. Ross Store on said map South 33 degrees 30 minutes West 34 feet and 8 inches more or less, to the inner edge of the said side walk; thence (6) Continuing said last named course to a corner in the aforesaid curb line; thence (7) Along said curb line North 57 degrees and 15 minutes West 34 feet more or less to the place of beginning. Note: For Informational Purposes Only: Being Lot 13, Block 234 on a Tax map of the Township of Middle, County of Cape May.

Terms of Sale:

Thank you for participating in this Williams & Williams Auction. It is important that you familiarize yourself with the terms and conditions as all sales are final and irrevocable. The terms of sale are non-negotiable. Good luck and good bidding!

Registration at the auction (online and/or in person) finalizes each bidder's agreement to the terms and conditions of sale as stated in the Contract and its Addenda which are incorporated by reference into your bidding. Do not bid until you have read the terms and conditions.  By bidding you are representing to Williams & Williams ("Broker" and/or "Auctioneer") and the seller that you have read and agree to be bound by the terms and conditions for this sale as stated herein. DO NOT BID unless you have registered, received a Bidder's Card and Auction Day Notes, and have read and agreed to be bound by the terms of sale in the Contract as they are enforceable against you upon becoming a high bidder.

All properties are sold "AS IS, WHERE IS" with no financing, inspection or other contingencies to sale. Williams & Williams represents the Sellers only and does not inspect properties on bidder's behalf. Read the Contract and Auction Day Notes to determine the existence of any disclosures, exclusions, representations and disclaimers. Do not bid if you have not inspected the property(s). By bidding you agree to all disclosures.

Buyers receive a deed and Title Insurance Policy as provided by the Closer indicated in the Contract (any mobile/manufactured housing not legally affixed to the property shall only be conveyed by a Hold Harmless Agreement or Quit Claim Bill of Sale unless otherwise noted in the Disclosures). Current year's taxes are pro-rated through day of closing as is customary.

A Buyer's Premium (also known as the Purchaser’s Premium) of 5% will be added to the high bid and included in the total purchase price. Please see the Auction Day Notes, The Contract for Sale, and/or the Auctioneer for specifics about the property you wish to bid on.

Each high bidder must make a non-refundable deposit per property within 48 hours following auction equal to 10% of the high bid plus total Buyer's Premium/Purchaser's Premium. Cashier's checks and wire transfers are accepted. If you are a resident / citizen of a country outside of the US, certified funds (bank check, wire transfer, certified checks) are required for the down payment and closing. The balance of the purchase price and all closing costs are due at closing. See Contract for Closing Costs.  It is the Buyer’s responsibility to contact the title agency listed on the contract or real estate attorney for a property specific estimate prior to placing a bid.

Purchaser agrees to pay any commission due Purchaser's broker, if applicable.  A broker cannot act as a principal and a broker on the same transaction.

Bidding starts at the nominal Opening Bid(s) indicated and is open to the public. The Auctioneer reserves the right to group, add to, delete, withdraw, consolidate or break down lots and/or quantities offered, to sell out of scheduled sequence, to reject any bid which is only a fraction advance over the preceding bid, to regulate bidding, to accept or reject any or all bids, and to cancel or re-schedule an auction. The Auctioneer will call the sale and control any increments of bidding. To make a bid, raise your hand or Bid Card to be recognized. The bidding usually takes less than 3 minutes for each property. Absentee bids may be accepted at the discretion of the Auctioneer. The Auctioneer reserves the right to enter bids on behalf of absentee bidders. Any mistakes during bidding as to who has the high bid and/or at what price may be called to the Auctioneer's attention and corrected. The Auctioneer is the sole arbiter and controller of the conduct of the auction and shall be the final and absolute authority without liability to any party.

Your inspection of the property(ies) and attendance at this auction are at your own risk. Broker and Seller, their agents and employees, expressly disclaim any "invitee" relationship and shall not be liable to any person for damage to their person or property while in, on or about these properties, nor shall they be liable for any defects, dangers or conditions on the property(ies). All persons enter the property(ies) and attend the auction at their own risk and shall defend, indemnify, and save harmless Broker and Seller, their agents and employees, from any and all liability attendant thereto.

All properties offered for sale at auction under the "ABSOLUTE" or "WITHOUT RESERVE" designations are being offered for sale without reserve (i.e.) for the high bid price in each instance and are not subject to subsequent approval by any third party. All other auctions are subject to court or seller approval unless otherwise provided in the Contract and Auction Day Notes. Possession is not granted until filing of the deed at which time the property should be re-keyed. [Any mobile/manufactured housing on property will only be conveyed by a Hold Harmless Agreement or Quit Claim Bill of Sale unless otherwise noted].

If more than one property is being auctioned, the Auctioneer may choose to offer a group of the properties for auction at the same time. This is called "BUYER'S CHOICE" and is to accommodate buyers who have an interest in more than one property and/or have 2nd and 3rd choices if they are out bid for a favorite property. Upon winning the bid, please choose which property, or properties, you want. You pay the high bid price for each property selected. Each sale is final and stands alone. Remaining properties are then offered in another round of bidding. Anyone may bid at any time, including prior High Bidders.

Williams & Williams and the Seller expressly disclaim any liability for errors, omissions or changes regarding any information provided for these sales. Please read the Contract and Auction Day Notes for a full and complete understanding of Williams & Williams and Seller's disclaimers. Bidders are strongly urged to rely solely upon their own inspections and opinions in preparing to purchase property and are expressly advised to not rely on any representations made by the Seller or their agents and employees. Property information may change without notice and potential purchasers should investigate all data fully before relying upon it.

 

Auction Network
TERMS & CONDITIONS OF SERVICE

The property offered in this auction will be offered and sold by Williams & Williams Marketing Services, Inc. ("Williams & Williams"). Any questions regarding the auction process or a property should be directed to Williams & Williams or its designated representative. Auction Network, LLC ("Auction Network") serves solely as the online bidding service (the "Service") for Williams & Williams. Your use of the Service is governed by these Auction Network Terms & Conditions of Service, and the Auction Network Terms of Use located at the following URL: https://www.auctionnetwork.com/Site/TermsOfUse.asp, as amended from time-to-time by posted notices or oral announcements made during any auction.

Williams & Williams serves as the auctioneer, and represents the owner of the property at auction. The auction and conveyance of each property shall be governed by property specific Contract for Sale, Auction Day Notes, Disclosures, and the Williams & Williams Terms & Conditions of Sale. These documents govern your bid and the sale of each property, and can be accessed and reviewed at the Williams & Williams property specific web page.

DO NOT BID unless you have read the Williams & Williams Terms & Conditions of Sale, the Contract for Sale, Property Disclosures, and the Auction Day Notes for each property. BY PLACING YOUR BID, YOU AGREE TO BE BOUND BY THE PROPERTY SPECIFIC CONTRACT FOR SALE, DISCLOSURES, AUCTION DAY NOTES, AND THE WILLIAMS & WILLIAMS TERMS & CONDITIONS OF SALE.

Auction Network, Williams & Williams and the Seller are not responsible for technical difficulties during online or remote bidding. Occasionally, the Auction Network online bidding interface may be unable to submit bids in the live auction due technical difficulties including, without limitation, the lack of sufficient communication infrastructure at the location of the live auction. Online bidders are advised to place an absentee bid at least 1 day prior to the live auction to ensure their bid is entered into the live auction on the online bidder's behalf.

In the event of any conflict between Auction Network's Terms & Conditions of Service and the Williams & Williams Terms & Conditions of Sale, the Williams & Williams Terms & Conditions of Sale shall control in each instance.

Auction Network has no authority to, and does not provide, any guarantee, warranty, or covenant, of any kind or nature, regarding a property. Per the Williams & Williams Terms & Conditions of Sale, all properties auctioned are otherwise sold "AS-IS, WHEREIS" without any representation or warranty, express or implied, of any kind by Williams & Williams, Auction Network, or the respective seller, and with no financing, inspection or other contingencies to sale. Buyers must conduct their own due diligence and investigation of each property and must also investigate the suitability of each parcel prior to making a bid and purchase at the auction. Buyers must rely solely upon their own investigation and not any information provided by the Seller or Williams & Williams. Failure of a Buyer to be fully informed on the condition of a property will not constitute grounds for any claim adjustment or right to cancel sale.

Neither Auction Network nor Williams & Williams assumes any risk, liability or responsibility for the authenticity of the authorship of any property or livestock offered at this auction (that is, the identity of the creator or the period, culture, source or origin, or lineage, as the case may be, with which the creation of any property is identified).

The auctioneer has the right at his or her absolute and sole discretion to refuse any bid, to advance the bidding in such a manner as he or she may decide, to withdraw or divide any lot, to combine any two or more lots and, in the case of error or dispute, and whether during or after the sale, to determine the successful bidder, to continue the bidding, to cancel the sale or to reoffer and resell the item in dispute. If any dispute arises after the sale, our sale record is conclusive.

Any property may be withdrawn by Auction Network or Williams & Williams at any time before the actual sale without any liability therefore. If the auctioneer determines that any opening bid is not commensurate with the value of the article offered, he or she may reject the same and withdraw the article from sale, and if, having acknowledged an opening bid, he or she decides that any advance thereafter is insufficient, he or she may reject such advance.

These Auction Network Terms & Conditions of Service, Terms & Conditions of Use, Williams & Williams' Terms & Conditions of Sale, as well as the online buyer's rights and obligations hereunder, shall be governed by and construed and enforced in accordance with the laws of the State of Oklahoma. By bidding at this auction, whether in person or by agent, order bid, telephone, online, or other means, the buyer shall be deemed to have consented to the exclusive jurisdiction of the state and federal courts sitting in the State of Oklahoma.

You are registering to bid on the following properties, and as stated above, your bid, and the sale of the property, will be governed by the property specific Williams & Williams Contract for Sale, Disclosures, Auction Day Notes, and Terms & Conditions of Sale. Each of these documents are available for your review at the Williams & Williams property specific web page. DO NOT BID unless and until you review these documents. BY PLACING YOUR BID, YOU AGREE TO BE BOUND BY THE PROPERTY SPECIFIC CONTRACT FOR SALE, DISCLOSURES, AUCTION DAY NOTES, AND THE WILLIAMS & WILLIAMS TERMS & CONDITIONS OF SALE.

 

Disclosures:
• Buyer acknowledges that Bank of America employees and their spouse, domestic partners, dependent children and business entities in which an employee has an interest are prohibited from purchasing the properties.

• Square Footage Disclosure. The source of the square footage represented for the property is taken from the survey provided with the due diligence materials. Buyer understands and acknowledges that square footage measurements can vary from a few feet to several hundred feet regardless of source (County Assessor's records, appraisal or appraisal measurement report, etc.). Buyer shall satisfy that the size and/or square footage of the dwelling is acceptable to the Buyer.

• Buyer acknowledges receipt of all due diligence materials including but not limited to (and if applicable) available boundary surveys, Phase I or II reports, asbestos surveys, contract for sale, etc. Buyer can obtain said due diligence materials by returning a Confidentiality Agreement provided in the Helpful Tools & Links section of the website.

• All properties are sold "AS IS, WHERE IS" with no financing, inspection or other contingencies to sale.

• A 2017 Title commitment has been made available to Buyer prior to auction. In reference to the First American commitment number NCS-401470-704-KCTY with a date of August 9, 2017 at 7:30 am, Seller will provide Buyer indemnification in order to Close regarding the judgment listed on Page 6 as Item 1. An updated title commitment will be prepared and provided to Buyer prior to Closing.

Property Type:
Office/Retail
Square Footage:
8,580+/- sf
Lot Size:
0.25+/- ac
Year Built:
1964
Property ID:
357190

Property is being offered by: Williams & Williams7140 S. Lewis Ave Ste 200, Tulsa, OK 74136800.801.8003

Square footage & lot size per county records.

NJ Broker: Peter Costanzo Auctioneers, Inc. Peter Costanzo, Broker (732) 776-7222

Live Online
1 North Main Street
Cape May Court House, NJ 08210
SELLS WITHOUT RESERVE
Property Type:Office/Retail
Description:8,580+/- sf | 0.25+/- ac
Sign In To Bid
Live Online Auction Feb 18 - Feb 20
Live Online
1 North Main Street
Cape May Court House, NJ 08210
SELLS WITHOUT RESERVE
Property Type:Office/Retail
Description:8,580+/- sf | 0.25+/- ac
Sign In To Bid
Live Online Auction Feb 18 - Feb 20

Property is being offered by: Williams & Williams7140 S. Lewis Ave Ste 200, Tulsa, OK 74136800.801.8003

Square footage & lot size per county records.

NJ Broker: Peter Costanzo Auctioneers, Inc. Peter Costanzo, Broker (732) 776-7222

1 North Main Street, Cape May Court House, NJ 08210
357190 00--DH-/02-2020

SELLS WITHOUT RESERVE
Former bank building with 8,580+/- sf on 0.25+/- acres. Two story brick building (second floor is in shell condition) located on corner of N Main St and Mechanic St. First floor square footage is approximately 4,399+/- sf. 9 parking spaces. Due diligence materials available with CNRA (survey, environmental, title, etc.).

Auction Starts:
10:00 AM EST Tuesday, February 18, 2020

Auction Ends:
12:05 PM EST Thursday, February 20, 2020

Open to the Public:
11am-2pm Fri Jan 31, and Feb 14.

SELLS WITHOUT RESERVE

Note: A Buyer’s Premium (Buyer’s Fee in WI) will apply for this property. Please see Terms of Sale for details.

Legal Description:
L24,25 County: CAPE MAY, NJ APN: 06-00234-0000-00013 Map Reference: 234 / 13 Legal Lot: 13 Legal Block: 234 Municipality/Township: MIDDLE TWP TRACT NO. 1 BEGINNING at a corner of lands formerly of Coleman F. Leaming now of Estate of Marion S. Douglass, in the middle of said Main Street standing four feet three inches Northeast of a line ranging along the outer Northeast wall of said William Ross Store House and distant from the Northeast corner of said Store House sixty five feet and running thence along the line of lands formerly of said Leaming about North sixty degrees West to the Northward of said Store House (keeping four feet three inches from said outer wall) one hundred and forty five feet to a corner standing forty feet from the Northwest corner of said Store House, thence along said Leaming's line (now of Ponemah Tribe No. 163 Improved Order of Red Men) South thirty degrees and thirty minutes West fifty five feet to the middle of Mechanic Street, thence along the middle of Mechanic Street South sixty degrees East one hundred and forty five feet to the middle of said Main Street, thence along the middle of said Main Street North thirty degrees and thirty minutes East Fifty five feet to the place of beginning. EXCEPTING AND RESERVING HOSEVER thereout and thereout and therefrom ALL that lot, piece or parcel of land which William Ross et ux by Deed bearing date of February 22, 1888 and of record in said Clerk's Office in Deed Book 79, Page 381 &c. granted and conveyed to Julious Way in fee. TRACT NO. 2 BEGINNING at the Northeast corner of the lot hereby conveyed, being also the Northwest corner of the lot of the heirs of Marion S. Douglass, deceased, and being in the line of a sixteen feet right of way on the Northeast side of said lot, and running from thence along the lot of the heirs of the said Marion S. Douglass, deceased, South twenty-one and one half degrees West, forth-one and seven tenths feet to a corner formerly of L. S. Ludlam, now of The First National Bank of Cape May Court House; thence along the line of the lot of the said First National Bank, North sixty degrees West, seven and nine tenths feet to a corner of the said Alice Willis; thence North twenty-nine and one half degrees East about forty-eight feet to a corner in the line of said sixteen feet right of way; thence along said right of way, South fifty-six and one half degrees East, about seven and nine tenths feet to the place of beginning. TOGETHER with a right of way in and over a certain strip of land along the Northeastwardly line of the above granted premises for the said party of the second part, its successors and assigns forever, and its and their servants and tenants and occupants from time to time, of the premises above granted, and any other person or persons for it and their benefit and advantage (in common with the owners and occupants of the adjoining premises, their heirs and assigns, and their servants and tenants and occupants from time to time, of its and their premises adjoining and any other person or persons for its and their benefit and advantage) at all times freely to pass and repass on foot or with animals, vehicles, loads or otherwise, the said strip of land and way being sixteen feet wide and extending along the Northeasterly line of said lot along the whole width of the lot above granted to the Main Seashore road. TRACT NO. 3 BEGINNING at the corner of William Ross, in the middle of the Main Seashore Road or Turnpike (sometimes called Main Street) standing four feet and three inches Northeastwardly of the line ranging along the outer Northeastwardly wall of said Ross' Store House, and distant from the Northeastwardly corner of said Store House sixty five feet thence parallel with said line North fifty seven degrees and fifteen minutes West distant more or less to a stone in the outer edge of the sidewalk, thence continuing the same (last named) course passing to the Northward of said stone house and keeping four feet three inches from said outerwall, seventy five feet eleven inches to a corner in other lands of the said way, fifty four feet six inches from a line ranging along the outer Southeast wall of said store house, thence along the land of the said way, North thirty two degrees East, about forty two feet, to a corner in the line of land of Townsend Garretson (the last named course being in the line of two large maple trees) thence in a Southeasterly direction (but not parallel with the first course) binding by land of said of Garretson, about fifty five feet and in the line of said two large maple trees to a small iron pipe driven into the ground at the front of one of said maple trees in a line ranging along the outer Southeastwardly wall of said store house and measuring on said line) forty one feet eight inches distant from Northeast corner of said store house and thirty seven feet five inches distant, from said Ross' line; thence still binding by land of said Garretson and in said Southeasterly direction distance more or less to the middle of the aforesaid Sea Side Road, thence along the middle of said road South thirty two degrees West distance more or less to the place of beginning. Together with the right of way in and over a certain strip of land along the Northeastwardly line of the above granted premises for the said party of the second part, its successors and assigns forever, its successors and assigns and occupants from time to time, of the premises above granted, and any other person or persons for his and their benefit and advantage, (in common with the said party of the first part and the said Townsend Garretson, their respective heirs and assigns, and their respective servants and the tenants and occupants from time to time of the respective premises adjoining and any other person or persons for their respective benefit and advantage) at all times freely to pass and repass, on foot or with animals, vehicles, loads or otherwise the said strip of land and way being sixteen feet wide and extending along the whole length of the above lot granted to the aforesaid Main Seashore Road, under and subject to the express understanding and agreement that the said maple tree shall remain permanently upon the line. BEING the same premises granted and conveyed to Andrew Munn by Deed dated the twenty-eight day of September A. D. 1921 by E. B. Wheaton Douglass et als. and recorded in the Clerk's Office of Cape May County in Deed Book No. 360, page 90 &c. TRACT NO.4 BEGINNING at a point in the curb line on the Northeastwardly side of Mechanic Street at a point 22 feet Northwestwardly (measured in said curb line) from where the outer Northwest, wall of William Ross's gravel brick stone house if continued would intersect said curb line and running from thence (1) North 60 degrees West, 18 feet to a corner; thence (2) North 30 1/2 degrees East, 41.5 feet along the line of Ponemah Tribe #163 I.).R.M., to a corner in said line; thence still along the same (3rd) North 29 1/2 degrees East 43 feet 5 inches to a corner; thence (4) Along a 16 foot right-of-way South 56 1/2 degrees East about 18 feet, more or less, to a corner of land conveyed by J. Swing Willis and wife, to the First National Bank of Cape May Court House; thence (5) Along the said land of the said Bank on a course of about South 30 ½ degrees West about 84 feet, more or less, to the first place of beginning. TRACT NO. 5 BEGINNING at a corner of a lot conveyed by William F. Garrison and wife to Laura Steel by Deed dated March 20, 1899 (which deed is recorded) in the curb line of said lot on the Northeastwardly side of Mechanic Street, thence first, North 32 degrees and 45 minutes East to a corner at the inner edge of said side walk; thence (2) Continuing the same course last named binding by the line of said lot so conveyed to the said Laura Steel 94 feet, more or less to a point in the Southwest side line of Lot 1 on said Map; thence (3) Binding by said Lot 1 South 57 degree and 15 minutes East 33 ½ feet more or less to a corner to land marked on said map of lot 2; thence (4) South 32 degrees West 60 feet, and 4 inches more or less to a corner ; thence (5) Along the land marked Wm. Ross Store on said map South 33 degrees 30 minutes West 34 feet and 8 inches more or less, to the inner edge of the said side walk; thence (6) Continuing said last named course to a corner in the aforesaid curb line; thence (7) Along said curb line North 57 degrees and 15 minutes West 34 feet more or less to the place of beginning. Note: For Informational Purposes Only: Being Lot 13, Block 234 on a Tax map of the Township of Middle, County of Cape May.

Terms of Sale:

Thank you for participating in this Williams & Williams Auction. It is important that you familiarize yourself with the terms and conditions as all sales are final and irrevocable. The terms of sale are non-negotiable. Good luck and good bidding!

Registration at the auction (online and/or in person) finalizes each bidder's agreement to the terms and conditions of sale as stated in the Contract and its Addenda which are incorporated by reference into your bidding. Do not bid until you have read the terms and conditions.  By bidding you are representing to Williams & Williams ("Broker" and/or "Auctioneer") and the seller that you have read and agree to be bound by the terms and conditions for this sale as stated herein. DO NOT BID unless you have registered, received a Bidder's Card and Auction Day Notes, and have read and agreed to be bound by the terms of sale in the Contract as they are enforceable against you upon becoming a high bidder.

All properties are sold "AS IS, WHERE IS" with no financing, inspection or other contingencies to sale. Williams & Williams represents the Sellers only and does not inspect properties on bidder's behalf. Read the Contract and Auction Day Notes to determine the existence of any disclosures, exclusions, representations and disclaimers. Do not bid if you have not inspected the property(s). By bidding you agree to all disclosures.

Buyers receive a deed and Title Insurance Policy as provided by the Closer indicated in the Contract (any mobile/manufactured housing not legally affixed to the property shall only be conveyed by a Hold Harmless Agreement or Quit Claim Bill of Sale unless otherwise noted in the Disclosures). Current year's taxes are pro-rated through day of closing as is customary.

A Buyer's Premium (also known as the Purchaser’s Premium) of 5% will be added to the high bid and included in the total purchase price. Please see the Auction Day Notes, The Contract for Sale, and/or the Auctioneer for specifics about the property you wish to bid on.

Each high bidder must make a non-refundable deposit per property within 48 hours following auction equal to 10% of the high bid plus total Buyer's Premium/Purchaser's Premium. Cashier's checks and wire transfers are accepted. If you are a resident / citizen of a country outside of the US, certified funds (bank check, wire transfer, certified checks) are required for the down payment and closing. The balance of the purchase price and all closing costs are due at closing. See Contract for Closing Costs.  It is the Buyer’s responsibility to contact the title agency listed on the contract or real estate attorney for a property specific estimate prior to placing a bid.

Purchaser agrees to pay any commission due Purchaser's broker, if applicable.  A broker cannot act as a principal and a broker on the same transaction.

Bidding starts at the nominal Opening Bid(s) indicated and is open to the public. The Auctioneer reserves the right to group, add to, delete, withdraw, consolidate or break down lots and/or quantities offered, to sell out of scheduled sequence, to reject any bid which is only a fraction advance over the preceding bid, to regulate bidding, to accept or reject any or all bids, and to cancel or re-schedule an auction. The Auctioneer will call the sale and control any increments of bidding. To make a bid, raise your hand or Bid Card to be recognized. The bidding usually takes less than 3 minutes for each property. Absentee bids may be accepted at the discretion of the Auctioneer. The Auctioneer reserves the right to enter bids on behalf of absentee bidders. Any mistakes during bidding as to who has the high bid and/or at what price may be called to the Auctioneer's attention and corrected. The Auctioneer is the sole arbiter and controller of the conduct of the auction and shall be the final and absolute authority without liability to any party.

Your inspection of the property(ies) and attendance at this auction are at your own risk. Broker and Seller, their agents and employees, expressly disclaim any "invitee" relationship and shall not be liable to any person for damage to their person or property while in, on or about these properties, nor shall they be liable for any defects, dangers or conditions on the property(ies). All persons enter the property(ies) and attend the auction at their own risk and shall defend, indemnify, and save harmless Broker and Seller, their agents and employees, from any and all liability attendant thereto.

All properties offered for sale at auction under the "ABSOLUTE" or "WITHOUT RESERVE" designations are being offered for sale without reserve (i.e.) for the high bid price in each instance and are not subject to subsequent approval by any third party. All other auctions are subject to court or seller approval unless otherwise provided in the Contract and Auction Day Notes. Possession is not granted until filing of the deed at which time the property should be re-keyed. [Any mobile/manufactured housing on property will only be conveyed by a Hold Harmless Agreement or Quit Claim Bill of Sale unless otherwise noted].

If more than one property is being auctioned, the Auctioneer may choose to offer a group of the properties for auction at the same time. This is called "BUYER'S CHOICE" and is to accommodate buyers who have an interest in more than one property and/or have 2nd and 3rd choices if they are out bid for a favorite property. Upon winning the bid, please choose which property, or properties, you want. You pay the high bid price for each property selected. Each sale is final and stands alone. Remaining properties are then offered in another round of bidding. Anyone may bid at any time, including prior High Bidders.

Williams & Williams and the Seller expressly disclaim any liability for errors, omissions or changes regarding any information provided for these sales. Please read the Contract and Auction Day Notes for a full and complete understanding of Williams & Williams and Seller's disclaimers. Bidders are strongly urged to rely solely upon their own inspections and opinions in preparing to purchase property and are expressly advised to not rely on any representations made by the Seller or their agents and employees. Property information may change without notice and potential purchasers should investigate all data fully before relying upon it.

 

Auction Network
TERMS & CONDITIONS OF SERVICE

The property offered in this auction will be offered and sold by Williams & Williams Marketing Services, Inc. ("Williams & Williams"). Any questions regarding the auction process or a property should be directed to Williams & Williams or its designated representative. Auction Network, LLC ("Auction Network") serves solely as the online bidding service (the "Service") for Williams & Williams. Your use of the Service is governed by these Auction Network Terms & Conditions of Service, and the Auction Network Terms of Use located at the following URL: https://www.auctionnetwork.com/Site/TermsOfUse.asp, as amended from time-to-time by posted notices or oral announcements made during any auction.

Williams & Williams serves as the auctioneer, and represents the owner of the property at auction. The auction and conveyance of each property shall be governed by property specific Contract for Sale, Auction Day Notes, Disclosures, and the Williams & Williams Terms & Conditions of Sale. These documents govern your bid and the sale of each property, and can be accessed and reviewed at the Williams & Williams property specific web page.

DO NOT BID unless you have read the Williams & Williams Terms & Conditions of Sale, the Contract for Sale, Property Disclosures, and the Auction Day Notes for each property. BY PLACING YOUR BID, YOU AGREE TO BE BOUND BY THE PROPERTY SPECIFIC CONTRACT FOR SALE, DISCLOSURES, AUCTION DAY NOTES, AND THE WILLIAMS & WILLIAMS TERMS & CONDITIONS OF SALE.

Auction Network, Williams & Williams and the Seller are not responsible for technical difficulties during online or remote bidding. Occasionally, the Auction Network online bidding interface may be unable to submit bids in the live auction due technical difficulties including, without limitation, the lack of sufficient communication infrastructure at the location of the live auction. Online bidders are advised to place an absentee bid at least 1 day prior to the live auction to ensure their bid is entered into the live auction on the online bidder's behalf.

In the event of any conflict between Auction Network's Terms & Conditions of Service and the Williams & Williams Terms & Conditions of Sale, the Williams & Williams Terms & Conditions of Sale shall control in each instance.

Auction Network has no authority to, and does not provide, any guarantee, warranty, or covenant, of any kind or nature, regarding a property. Per the Williams & Williams Terms & Conditions of Sale, all properties auctioned are otherwise sold "AS-IS, WHEREIS" without any representation or warranty, express or implied, of any kind by Williams & Williams, Auction Network, or the respective seller, and with no financing, inspection or other contingencies to sale. Buyers must conduct their own due diligence and investigation of each property and must also investigate the suitability of each parcel prior to making a bid and purchase at the auction. Buyers must rely solely upon their own investigation and not any information provided by the Seller or Williams & Williams. Failure of a Buyer to be fully informed on the condition of a property will not constitute grounds for any claim adjustment or right to cancel sale.

Neither Auction Network nor Williams & Williams assumes any risk, liability or responsibility for the authenticity of the authorship of any property or livestock offered at this auction (that is, the identity of the creator or the period, culture, source or origin, or lineage, as the case may be, with which the creation of any property is identified).

The auctioneer has the right at his or her absolute and sole discretion to refuse any bid, to advance the bidding in such a manner as he or she may decide, to withdraw or divide any lot, to combine any two or more lots and, in the case of error or dispute, and whether during or after the sale, to determine the successful bidder, to continue the bidding, to cancel the sale or to reoffer and resell the item in dispute. If any dispute arises after the sale, our sale record is conclusive.

Any property may be withdrawn by Auction Network or Williams & Williams at any time before the actual sale without any liability therefore. If the auctioneer determines that any opening bid is not commensurate with the value of the article offered, he or she may reject the same and withdraw the article from sale, and if, having acknowledged an opening bid, he or she decides that any advance thereafter is insufficient, he or she may reject such advance.

These Auction Network Terms & Conditions of Service, Terms & Conditions of Use, Williams & Williams' Terms & Conditions of Sale, as well as the online buyer's rights and obligations hereunder, shall be governed by and construed and enforced in accordance with the laws of the State of Oklahoma. By bidding at this auction, whether in person or by agent, order bid, telephone, online, or other means, the buyer shall be deemed to have consented to the exclusive jurisdiction of the state and federal courts sitting in the State of Oklahoma.

You are registering to bid on the following properties, and as stated above, your bid, and the sale of the property, will be governed by the property specific Williams & Williams Contract for Sale, Disclosures, Auction Day Notes, and Terms & Conditions of Sale. Each of these documents are available for your review at the Williams & Williams property specific web page. DO NOT BID unless and until you review these documents. BY PLACING YOUR BID, YOU AGREE TO BE BOUND BY THE PROPERTY SPECIFIC CONTRACT FOR SALE, DISCLOSURES, AUCTION DAY NOTES, AND THE WILLIAMS & WILLIAMS TERMS & CONDITIONS OF SALE.

 

Disclosures:
• Buyer acknowledges that Bank of America employees and their spouse, domestic partners, dependent children and business entities in which an employee has an interest are prohibited from purchasing the properties.

• Square Footage Disclosure. The source of the square footage represented for the property is taken from the survey provided with the due diligence materials. Buyer understands and acknowledges that square footage measurements can vary from a few feet to several hundred feet regardless of source (County Assessor's records, appraisal or appraisal measurement report, etc.). Buyer shall satisfy that the size and/or square footage of the dwelling is acceptable to the Buyer.

• Buyer acknowledges receipt of all due diligence materials including but not limited to (and if applicable) available boundary surveys, Phase I or II reports, asbestos surveys, contract for sale, etc. Buyer can obtain said due diligence materials by returning a Confidentiality Agreement provided in the Helpful Tools & Links section of the website.

• All properties are sold "AS IS, WHERE IS" with no financing, inspection or other contingencies to sale.

• A 2017 Title commitment has been made available to Buyer prior to auction. In reference to the First American commitment number NCS-401470-704-KCTY with a date of August 9, 2017 at 7:30 am, Seller will provide Buyer indemnification in order to Close regarding the judgment listed on Page 6 as Item 1. An updated title commitment will be prepared and provided to Buyer prior to Closing.

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Selling your property? Find out if auction works for you.
Call 800.801.8003.
Selling your property? Find out if auction works for you.
Call 800.801.8003.