HudsonSheriff.com

Sheriff 's Sales are held on a weekly basis.

The Sheriff is a ministerial officer of the Court and he is without power to make any terms except those authorized and prescribed by the Court. He sells only the judgment debtor's title. If there is no title, the purchaser acquires none. The rule of Caveat Emptor (let the buyer beware) is fully applicable to sales made under execution.

Foreclosure sales are for real property only: the Sheriff's Office does not know whether or not persons occupy the property. Further we cannot give permission for any prospective bidders to enter and inspect any structure that may be located on the property to be sold.

All properties sold at auction at the Sheriff's Office are advertised on Mondays and Tuesdays in The Jersey Journal and in The Star Ledger. Advertisements appear each of the four weeks prior to the initial date of sale.

In addition to the newspaper advertising, notices of sale are posted for public viewing at the Sheriff's Office, Jersey City, New Jersey.

The Sheriff's Office does not have a list of properties to be sold for general distribution. Persons interested in following up on these properties must make their own lists by checking the legal advertisements in the newspapers.

Sales of property are "open-type" auction sales (no sealed bids). A minimum bid of $100.00 is bid on the first round by the Plaintiff.

The successful bidder - upon full payment of the bid - will receive a Sheriff's Deed. This deed may not give clear title to the property. In order to obtain a clear title one must satisfy all superior liens and encumbrances. If a purchaser does not complete the sale, he can be held liable for his deposit, and for all losses and expenses.

If you are interested in a particular piece of property, we recommend a title search before you actually bid. Title searches are conducted by private firms. Their telephone numbers may be found in the yellow pages of the telephone directory. A fee is charged

Should you have a legal question, it is recommended you consult an attorney.

To determine what funds you may need as a deposit, you must ascertain what your highest bid will be and then make out the certified check for 20% of that amount. Cash deposits would be the same. Certified checks should be made payable to yourself, and if you are the highest bidder, you would then endorse the check to the Office of the Sheriff

If the property you purchase is occupied, it is your responsibility to have the occupants removed.

SALES ARE CONDUCTED THURSDAYS

In most cases the property, even after the sale, can be redeemed by the owner for a period of 10 calendar days from the date of sale. By law the owner can declare bankruptcy within that same period. In certain cases, the redemption is extended beyond the 10 days, an announcement to that effect will be made prior to the sale of the property.

There are times when the sale of property is not completed on the date advertised because of adjournments, settlements or bankruptcies. We recommend you call the Sheriff's Business Office on the scheduled date of the sale to determine the status of the sale.

To speed your inquiry on a specific piece of property, it is helpful if you refer to the property by its "S" number which appears in the legal advertisement. Further assistance is available through the Foreclosure Unit of the Sheriff's Office, 201-795-6321.

CONDITIONS OF SALE

1. Each property is sold subject to restrictions of record which are unknown to the Sheriff at this time and subject to any unpaid taxes and water bills or assessments, and such state of facts as an accurate survey and physical inspection of the premises may reveal.

2. The highest bidder at the sale shall be the Purchaser. If any dispute arises as to who may be the highest bidder, the property will be resold.

3. If you are the successful bidder on a property, you are required to post a deposit of 20% of the total bid price in, certified check, bank check, attorney's trust account check, or money order immediately after the close of that sale. NO COMPANY, AGENCY OR PERSONAL CHECK WILL BE ACCEPTED.

4. The balance of the bid is due and payable within 30 calendar days from the date of the sale. However, the current percentage rate of the balance due will be added from the 11th day to the date of payment within 30 days.

5. If you purchase personal property, the full amount of the purchase price must be paid in full at the time of the sale. The Bill of Sale will be provided as soon as possible.

6. The Sheriff's Fees will be deducted from the Purchase Price, Recording fees and Realty Transfer Tax must be Paid by the PURCHASER to the Register of Deeds and Mortgages when the deed is recorded.

7. The Purchaser will sign an Acknowledgement of Purchase and these Conditions of Sale. If the Purchaser fails to comply with any of these Conditions of Sale, the property will be sold a second time, and the former Purchaser can be held liable for his deposit and for all losses and expenses.

SOME ADDITIONAL CONDITIONS OF SALE ARE LISTED BELOW THAT MAY BE ANNOUNCED AT THE TIME OF SALE. THIS IS NOT A COMPLETE LIST AND IS PROVIDED AS INFORMATION ONLY.

A. Subject to any unpaid municipal liens, unpaid taxes and assessments.

B. Subject to such facts as an accurate survey and physical inspection of the premises will disclose.

C. Subject to restrictions, reversions, reservations, easements and right of way of record, if any.

D. Subject to rights of tenants and occupants, if any.

E. Subject to Federal, State, County and Municipal ordinances, statutes and regulations, including zoning ordinances.

F. Sold in an "as is" condition.

G. Subject to the right of the plaintiff to apply to the Court for surplus moneys for sums advanced, with interest thereon since the entry of final judgment, additional advances for taxes and other items have been made by plaintiff. (Amount to be announced).

H. The successful bidder will be responsible for the payment of realty transfer tax.

I. The right of redemption of the United States Of America as a result of Federal Liens.

J. The subject premises being a Condominium, this sale is subject to any unpaid assessments, which may be a lien on the premises, and subject to all applicable provisions of the Master Deed and By-Laws of Condominium Association.

*ALERT*
SURPLUS FUNDS SCAMS
Sheriff Sales