![]() The sheriff will hold the deposit without interest until further directed by the Court or upon consent of counsel. ![]() If a petition in bankruptcy is filed after the sale occurs, the purchaser's deposit will not be returned to the purchaser.The plaintiff shall also be responsible for payment of the sheriff's fees and commissions which will be calculated on the full amount of the successful bid. If the plaintiff overbids his judgment amount, plaintiff will be responsible for the surplus which will be remitted to the court by the sheriff for application by interested parties for turnover.If the original deed needs to be amended or replaced a cost of $77 will be charged for the preparation of a new deed. Failure to provide this information will result in preparation of a deed with the original purchaser's name. Please note that in the event of an assignment of bid, the purchaser must provide the Sheriff with the assignee's name within 7 days from the date of sale.This condition is in accordance with Chapter 50 of Title 2A of the New Jersey Statues amending foreclosures of residential mortgages. The defaulting purchaser shall be liable 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 time of the resale. The original purchaser being held responsible for all losses and expenses but receiving no benefit from such sale. If 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 sheriff is not responsible for any misrepresentations or omissions, intentional or otherwise, made by plaintiff as to the existence and amounts of liens and encumbrances or as to the value of the asset being sold. Plaintiff shall disclose and describe the amount of such liens and encumbrances immediately prior to sale. All liens shall survive the foreclosure judgment. This sale is sold subject to unpaid taxes, assessments, water rents and such facts as an accurate survey and title search of the premises might disclose. Defendant must make application the Superior Court of New Jersey, Middlesex County, Chancery Division, for an order permitting any additional adjournment requests. Defendant will be granted two adjournment requests. Plaintiff will be granted unlimited adjournment requests. This sale is subject to statutory adjournments.You are no longer permitted to contact the owner of the property via letter or in person. All purchasers must apply for a Writ of Possession. Notwithstanding the 10-day redemption that all properties subject to the sheriff’s sales are accorded, All purchasers are hereby notified that until all monies due and owing are paid in full and a new deed is received and delivered, purchasers are not permitted access to any and all properties purchased at these Sheriff’s sales.The successful bidder must pay all fees, costs and commissions within 30 days of the sale. The purchaser shall be responsible for sheriff's fees and commissions in accordance with applicable statutes. Interest will begin to accrue on the judgment amount after the 10th day from the date of sale, time being of the essence. The purchaser must pay the balance of the purchase money within 30 days.All successful bidders, including the plaintiff, shall be responsible for payment of the sheriff's fees and commissions which will be calculated on the amount of the successful bid.If the purchaser does not comply with the deposit requirements as specified above, the property will be resold. ![]() 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 will pay 20 percent of the purchase price in cash (up to $5,000) certified check or official bank check at the close of sale and sign an acknowledgment of the purchase.If any dispute arises as to who may be highest bidder, the property will be resold. The highest bidder, as determined by the sheriff, shall be the purchaser.By bidding at this sale, you agree to and are bound by these Bidding will continue in $1,000 increments until the highest bid is reached. The Plaintiff will open the bidding at $100. This is an open auction with competitive bidding. Please be advised that the following Conditions of Sale apply to every Sheriff’s sale conducted by the Middlesex County Sheriff's Office.
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