Warner Real Estate & Auction Company [www.warnerrealtors.com] announces the auction of three properties in Southern New Jersey, according to Rich Warner, President and Broker.
“We are very excited to offer these properties at auction,” said Warner. “This is a tremendous opportunity to pay auction prices for Southern New Jersey real estate.”
The first property is offered in cooperation with Prudential Fox & Roach Realtors and was formerly offered at $595,000. This one-acre lot is located at 523/525 Pleasant Valley Avenue in Mt. Laurel, NJ. It is zoned R1.
“This is a corner lot with stop-light access directly across from the largest office park in Mt. Laurel,” noted Warner. “There is traffic at this intersection 24 hours a day, seven days a week with tremendous commercial development potential. Area traffic counts confirm a daily weekday traffic volume of between 40,000 to 50,000 vehicles.”
The second property in this auction is an 80ft. by 420ft. wooded lot located at 612 Hunter Street in Woodbury, NJ. The lot is zoned R-90 with city water and sewer available.
The final property is located at 56 Orchard Avenue in Pennsville, NJ., which is currently improved with a three-bedroom single family home on 7.75 acres zoned R2 and is certified by the Council on Affordable Housing (COAH).
“This Pennsville property has great development potential for the right investor,” said Warner.
The auction will take place on Friday, June 18, at 1pm EDT, at The Inn at Cherry Hill, 1450 Route 70 East, Cherry Hill, NJ. Properties may be inspected June 6 and June 13 from 1pm to 3pm.
Bidders must register to bid on the properties. Broker participation is encouraged. For more details about the properties, including auction terms, visit www.warnerrealtors.com or call Rich Warner at (856) 769-4111.
Rich Warner, CAI, AARE is a licensed real estate broker in New Jersey and auctioneer in Pennsylvania and Delaware. Warner is a graduate of the prestigious Missouri Auction School, considered the “Harvard of Auctioneering” by Newsweek Magazine and The Certified Auctioneers Institute at the University of Indiana.
