Multi-Family Building in Passaic, NJ
2.904 ± sq. ft. building with 3 residential units and unfinished basement. Each unit has 2 bedrooms, 2 baths, kitchen, and living area.
New bidders ONLY
Go to Login and sign up for an account with your contact and credit card details. We validate your credit card with a temporary charge of US $1.
(allow 24 hours for approval)
Go to Upcoming Auctions and click on register to bid for each specific auction you wish to bid. Note: Your registration will remain pending until your deposit arrives in our office.
Bid Deposit: $20,000
Complete the Bid Deposit Form with bid deposit of $20,000 in the form of a cashier’s check payable to CWS Marketing Group. Deposit is due by Jan 27, 2022 at 5PM ET.
MULTI-FAMILY BUILDING Occupied multi-family building with 3 units and a 968 ± sq. ft. basement. The 1st floor unit has 2 bedrooms, 1 bath, kitchen, and living room. The 2nd and 3rd floor units each have 2 bedrooms, 1 bath, kitchen, dining area, and living room. Note: Sold with tenants and leases in place – 1 yearly lease and 2 month-to-month leases. Rental income totals $3,136 a month. Prospective buyers will be able to access the exterior and common/mechanical areas only. Per the stated Terms of Sale, this property is sold AS IS WHERE IS WITH ALL FAULTS including any building violations for the property as a whole that may apply (including but not limited to fines and penalties).
Tues., January 18 and Mon., January 24 by appointment only.
Attendees are responsible to provide and wear their own Personal Protection Equipment (PPE). PPE will not be provided.
Friday, January 28, 2022
11:00 am – 1:00 pm ET
Closing will be held within 45 calendar days of the date the Government signs the sales contract.
CWSAMS has made every reasonable effort to facilitate online bidding. However, it is possible that technical problems and transmission issues may arise and affect the CWSAMS website, bidding system and/or computer or server or your computer, personal device or software which is beyond the control of CWSAMS. By bidding online Bidder acknowledges that CWSAMS is not responsible for technical problems or transmission issues associated with a bid and that, in the event technical problems interfere with or prevent a bid, it may be necessary to withdraw items from bidding due to technical errors or uncontrollable circumstances. Further, in the event of the occurrence of a technical problem during any bid in any auction, CWSAMS in its sole discretion reserves the right to declare an item sold, postpone or cancel the auction, extend the bidding time for this auction and/or re-list the property for auction at another date and time. The decision of CWSAMS on this matter shall be final. Bidder acknowledges that, by bidding in any auction held by CWSAMS, Bidder accepts the terms and conditions of this Disclaimer.