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Furniture Store - Newark D
Listing Number: 25801525 | Trenton, NJ US | New Jersey Division of Taxation 0 Seller's Other Auctions
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NEW ARGUS CORPORATION -SEIZURE LIST.pdf
Auction Ended:
Final Bid:
$500.00
Bids:
0 Bids
Auction Details
| Starting Bid: $500.00 | |
| Current Price: $500.00 | |
| Buy Now Price | $0.00 | No Reserve Available for immediate purchase. |
| Start Date | |
| End Date | [Extended] |
| Bid History | 0 Bid(s) |
| Page Views | 2002 |
Payment Details
Certified funds payable to the State of New Jersey are due by 12pm Noon Monday July 10, 2023 and may be hand delivered at the auction location or at the Camden Regional Field Office Located at 2 Riverside Dr., Suite 200, Camden, NJ 08103. All items must be removed by the winning bidder by 2pm Wednesday July 12, 2023.
Item Description
Under the authority granted in N.J.S.A., 54:49-13a and R.S. 33:1-26, the property to be sold was seized for unpaid New Jersey State taxes due from:
New Argus Corporation
1031C Smith Street
Newark, NJ 07106
PROPERTY FOR SALE:
Entire contents of privately owned furniture shop: Bed Frames, Cabinets and Other Furniture, Clothing/Coats, Assorted Toys, Assorted Art.
LOCATION OF SALE: https://municibid.com/Browse?Seller=NJDivOfTax
The seized equipment and contents/property are currently located at 1031C Smith Street, Newark, NJ 07106. All items must be removed from this location by 2:00pm on Friday, November 15, 2019, or monies will be forfeited.
LOCATION OF SELLER:
New Jersey Division of Taxation
Newark Regional Office (973) 648-4700
124 Halsey Street, 2nd Floor
Newark, NJ 07101
DATE AND DURATION: Begin: 9:00 AM - Monday, November 4, 2019.
End : 9:00 PM - Monday, November 11, 2019.
MINIMUM BID: $500
PAYMENT TERMS:
* Highest bidder will provide guaranteed funds in the full amount by 12:00pm on Thursday, November 14, 2019. Failure to do so will result in forfeiture of the bid.
* Payment must be in guaranteed funds such as certified check, bank check or money order. No third party instruments will be accepted. Cash will not be accepted.
* Full payment to be made in guaranteed funds, by 12:00pm on Thursday, November 14, 2019, at the NJ Division of Taxation’s Newark Regional Office – 124 Halsey Street, Newark, NJ, 07101, or highest bid will be forfeited.
* Make certified checks payable to: New Jersey Division of Taxation.
OTHER CONDITIONS:
* This sale may be postponed or cancelled at the discretion of the NJ Division of Taxation.
* NJ Division of Taxation employees or any member of the employee’s immediate family may not participate in this public sale.
* The NJ Division of Taxation reserves the right to receive or reject bids or bidders.
* The property is sold “as is.”
* Buyer is responsible for removal of entire lot, by appointment only.
* Buyer will be sent or given a “Certificate of Sale.”
* PLEASE NOTE THAT MONDAY, NOVEMBER 11, 2019, IS VETERANS DAY. ALL NEW JERSEY STATE OFFICES WILL BE CLOSED.
FURTHER INFORMATION REGARDING THIS SALE MAY BE OBTAINED FROM:
Investigator Matthew Greco (973)-648-6197
Investigator Carlton Bynoe (973)-645-5110
Newark Regional Office Main Line (973)-648-4700
Additional information on this Auction
| Will Item results be voted on | No | |
| Will you ship this item | No. Pickup only. | |
| Pickup Location Details | 1031C Smith Street, Newark, NJ 07106 |
Questions/Answers Ask the seller a question about this auction.
You must be signed in to ask and answer questions.| No one has asked a question on this item yet. |
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.
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.