Notice of Land Sale: 6512 Ventnor Avenue

City of Ventnor

6201 Atlantic Avenue

Ventnor, New Jersey 08406

NOTICE OF PUBLIC SALE OF LAND

In accordance with Resolution No. 165 - 2022, the terms and conditions of which are incorporated herein and made part hereof, the City of Ventnor will hold a public sale of city-owned land on May, 31, 2022 and 4:00 PM at City Hall, located at 6201 Ventnor Avenue. Ventnor, New Jersey 08406.

Sales will be made to the highest bidder, subject to the City of Ventnor reserving the right to reject any and all bids. Formal confirmation of acceptance or rejection of bids will be made no later than the second regular meeting of the City of Ventnor’s Commission Meeting following the date of the sale. All sales shall be secured by 10% deposit of the accepted bid price, either in cash or certified check at the close of bidding. The balance of the purchase price shall be paid either in cash or by certified check and shall be due no later than 10:00 AM thirty (30) days following formal confirmation of acceptance of the bid by the City of Ventnor. In the event the purchaser shall fail to pay the balance due as herein provided, the deposit made at the time of the public auction shall be retained by the City of Ventnor as liquidated damages for the nonperformance of the bidder. All sales shall be considered final and the purchaser shall accept the real property and improvements, if any, AS IS. The deed prepared by the City of Ventnor shall not be tendered until the full purchase price is paid.

Title shall be conveyed by and through bargain and sale deed without covenants and shall convey only the right, title and interest of the City of Ventnor to the land as described herein without any warranties as to the quality of title. No warranties and covenants are or shall be made by the City of Ventnor and in no event shall there be any liability on the part of the City of Ventnor by reason thereof. The right, title and interest of the successful bidder as purchaser shall be subject to the following conditions, covenants, restrictions, easements and exceptions which shall run with the land and shall also become part of the deed granted to the purchaser for recording:

1. Easements of utility companies and of governmental agencies or bodies.

2. Any encroachments, prescriptions, easements or other state of facts pertaining to said lands, surrounding said land and any restrictions and covenants of record.

3. Any restrictions or covenants of record.

4. Any existing Federal, State, County and/or municipal laws, statutes, ordinances, rules and regulations including by way of description and not by limitation, existing zoning, health and planning board rules and regulations.

5. No representation of any kind is made that the land in question, surface as well as subterranean portions, is suitable or adaptable for any particular use whatsoever and no development rights or implied from the sale of said land.

6. No representation of any kind is made concerning water, sewer, gas or electric service or any other utility service will to the land.

7. Surveys and title searches are the responsibility of the purchaser.

8. The purchase price does not necessarily reflect the market value.

9. Tax assessment will become effective the first month after the effective date of the deed.

10. The terms and conditions of sale as set forth above and stated at the time of the sale shall survive settlement and become part of the deed of conveyance.

In addition to the purchase price, purchaser shall pay the City of Ventnor an additional sum of $500 to cover advertising, legal and recording fees and administrative costs. The City of Ventnor reserves the right to withdraw any property from the sale list set forth herein prior to the commencement of the sale.

Below is a description of the property being offered for sale. The minimum acceptable bid for the parcel shall be as set forth below.

Block 

71 

Lot(s) 

15 

Minimum Bid 

$270,000.00

BY ORDER OF THE Commissioners of the City of Ventnor of the County of Atlantic.

Lisa Hand, RMC

City Clerk