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New Jersey Division of Taxation
Public Auction of Seized Property

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 state taxes from:

Confusion Corner Bar, LLC
146 Locust Avenue
Wallington, NJ 07057

PROPERTY FOR SALE:

State of New Jersey, County of Bergen, Wallington Township
Plenary Retail Consumption Liquor License #0265-33-014-004

LOCATION OF SALE:

New Jersey Division of Taxation
Fair Lawn Regional Office
22-08 Route 208 South
Fair Lawn, New Jersey 07410

DATE AND TIME: CANCELLED

MINIMUM BID: $10,000.00

PAYMENT TERMS:

  • Successful Bidder must make a minimum deposit of 25% of their respective bid IMMEDIATELY following their successful bid. Failure to do so will result in forfeiture of the bid.
  • Payment must be in guaranteed funds such as cash, certified check, bank check or money order. No third party instruments will be accepted.
  • Balance, also in guaranteed funds, due by 12 noon on Wednesday, June 1, 2011 at the NJ Division of Taxation’s Fair Lawn Regional Office, 22-08 Route 208 South, Fair Lawn, New Jersey or deposit monies will be forfeited.
  • Checks must be payable to: New Jersey Division of Taxation
OTHER CONDITIONS:
  • This sale may be postponed or canceled 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.
  • This liquor license is sold subject to any restriction imposed by the NJ Division of Alcoholic Beverage Control on this license as those set forth in N.J.A.C. 13:2-24.
  • The successful bidder for the liquor license must submit a complete “good faith” transfer application to the municipality and pay the fee for the transfer of the license by Monday, June 20, 2011. Failure to do so will result in forfeiture of all monies paid to the NJ Division of Taxation for the license.
  • Failure to timely submit a renewal application will result in forfeiture of all monies paid to the NJ Division of Taxation for the license. The NJ Division of taxation will assist with the renewal process at the request of the municipality. Any monies paid by the NJ Division of Taxation for the renewal of the liquor license will be reimbursed directly to the NJ Division of Taxation by the successful bidder.
  • If the successful bidder makes proper application for the transfer and renewal of the license, passes the background check conducted by the municipality, follows all guidelines set by the municipality and the municipality denies the application, then the monies paid to the NJ Division of Taxation will be refunded. The NJ Division has the right to go to the next highest bidder or re-auction the license.

FURTHER INFORMATION REGARDING THIS SALE
MAY BE OBTAINED FROM:

Joseph Latka, Supervisor 201-475-3607

Last Updated: Friday, 07/08/11



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