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 due from:

JJ Spirits/Corner Pub & Grill
115 North Feltus Street
South Amboy NJ 08879


PROPERTY FOR SALE:

State of New Jersey, City of South Amboy NJ
Plenary Retail Consumption Liquor License #1220-33-028-006

LOCATION OF SALE:

City of South Amboy NJ, Office of City Clerk, 140 North Broadway, South Amboy New Jersey 08879

DATE AND TIME: Friday, April 1, 2011 at 12:00 p.m.

Minimum Bid: $20,000.00

PAYMENT TERMS:

  • Successful bidders 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 will be made by cash, certified check, cashiers check, Treasurer's check, U.S. postal order, or bank, express or telegraph money order. No third party instruments will be accepted.
  • Balance, also in guaranteed funds, due by 12 noon on Monday, April 4, 2011 at the NJ Division of Taxation, Shore Regional Office, 1828 West Lake Avenue, Neptune, NJ 07753 or deposit monies will be forfeited.
  • Make checks 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. 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 April 22, 2011. Failure to do so will result in forfeiture of all monies paid to the NJ Division of Taxation for the license.
  • 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 of Taxation then has the right to go the next highest bidder or re-auction the license.

FURTHER INFORMATION REGARDING THIS SALE MAY BE OBTAINED FROM:

Frank Liberi, Supervisor 732-869-8072
New Jersey Division of Taxation
Jersey Shore Regional Office
1828 West Lake Avenue
Neptune, New Jersey 07753