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:
Vannoy Liquors, Inc.
17 Main Street.
Orange, NJ 07050
Properties for Sale:
State of New Jersey, County of Essex, City of Orange
Plenary Retail Distribution License # 0717-44-075-001
Location of Sale:
City of Orange Township
29 N. Day Street
Orange, NJ 07050
Date and Time of Sale:
Minimum Bid: $75,000.00
- 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 October 24, 2013 at NJ Division of Taxation’s Newark Regional Office, 124 Halsey St., 2nd Floor, Newark, New Jersey or deposit monies will be forfeited.
- Checks must be payable to: New Jersey Division of Taxation.
- This sale may be postponed or canceled at the discretion of the NJ Division of Taxation.
- The NJ Division of Taxation reserves the right to receive or reject bids or bidders. NJ Division of Taxation employees or member of the employees’ immediate family may not participate in auction.
- 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 Wednesday, November 6, 2013. 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 to the next highest bidder or re-auction the license.
FURTHER INFORMATION REGARDING THIS SALE MAY BE OBTAINED FROM:
Regional Supervisor Jack Feehery