COUNTY SHERIFF’S OFFICE
Sales are held Wednesdays
at 2:00 PM.
Please be advised
that the following Conditions of Sale apply to every Sheriff’s sale
conducted by the Middlesex County Sheriff’s Office. This is an open
auction with competitive bidding. The Plaintiff will open the bidding
at $100.00. Bidding will continue in $1,000.00 increments until the
highest bid is reached. By bidding at this sale you agree to and are
bound by these Conditions.
highest bidder, as determined by the Sheriff, shall be the purchaser.
any dispute arises at to who may be the highest bidder the property
will be resold.
purchaser will pay twenty (20%) percent of the purchase price in cash,
certified check or official bank check at the close of the sale and
sign an acknowledgment of purchase. By participating in the sale,
the purchaser agrees to be bound by the terms set forth on the acknowledgment
of purchase if the purchaser is the successful bidder.
the purchaser does not comply with the type of deposit required the
purchaser would be in default. There will be an immediate resale of
the premises. This procedure will follow until a purchaser conforms
to the type of deposit required.
the Plaintiff is the successful bidder his judgment, costs and interest
will be credited against plaintiffs bid.
deed will be delivered at the Sheriff’s Office two weeks from the
date of sale, when the balance of the purchase money will be required.
Non-compliance with this condition will result in the accrual of interest.
sale is subject to statutory adjournments, sold subject to unpaid
taxes, assessments, water rents, open of records if any, and such
state of facts as an accurate survey of the premises might disclose.
the purchaser fails to comply with any of the conditions of sale the
property will be sold a second time at a future date. The original
purchaser being held responsible for all losses and expenses but receiving
no benefit from such sale. The defaulting purchaser shall be responsible
to the foreclosing plaintiff for any additional costs incurred by
such default, including the difference between the amount bid by the
defaulting bidder and the amount generated for the foreclosing plaintiff
at the resale. This condition is in accordance with Chapter 50 of
Title 2A of the New Jersey Statutes amending foreclosures of residential
mortgages. The Statute allows the Sheriff to give two (2), two week
adjournments, at His Discretion, to the Defendant. The Defendant may
make application for these adjournments in the form of a written letter
explaining why they need the adjournment along with a $28.00 money
order or cash.
note that in the event of an assignment of bid, the purchaser must
provide the Sheriff the assignee’s name within seven (7) days from
the date of sale. Failure to provide this information will result
in preparation of a deed with the original purchaser’s name. If the
original deed needs to be amended or replaced a cost of $77.00 will
be charged for the preparation of a new deed.
balance of the deposit will be remitted to the court by the Sheriff
for application by interested parties for turnover.
will be no disclosure of any upset figures by the plaintiff. All bidders
must state their name and on behalf of whom they are bidding.
A property may be
redeemed, without qualification or condition, from foreclosure by the
mortgagor, at any time up to 10 days after the sale. Only the mortgagor,
in person, can make the redemption. In order to redeem, the mortgagor,
must pay all amounts due pursuant to the foreclosure order or judgment,
without qualification or condition, by certified or bank check drawn
on a New Jersey banking institution account, which shall include any
additional amounts determined and adjudged to be due by supplemental
or subsequent Court orders. The mortgagor will be responsible for showing
valid photo identification to the Sheriff’s Office when remitting the
payment of redemption.
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