Under the authority granted in N.J.S.A. 54;49-13A, the property to be sold was seized for unpaid State taxes due from:

Lerner DDL, Inc.
T/A: Fat Boy’s Subs & Salads
143 Main Street
Madison, NJ 07940


PROPERTY FOR SALE:

Restaurant equipment & supplies, contents of deli
For a full list of the inventory contact the Somerville Office.

LOCATION OF SALE:

143 Main Street
Madison, NJ 07940

DATE AND TIME: Tuesday, November 17, 2009 at 11:00 AM
Property may be inspected on date of sale, one hour immediately preceding time of sale.

TERMS OF BIDDING:

Bulk Bids will be requested first.

PAYMENT TERMS:

• Successful bidders must make a minimum deposit of 25% of 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 12:00 noon on Wednesday, November 18, 2009 at the New Jersey Division of Taxation 75 Veterans Memorial Drive East Suite 103 Somerville, NJ 08876 or deposit monies will be forfeited. All items are to be removed by: 3:00 PM on Wednesday, November 18, 2009 or deposit monies will be forfeited.
• Make checks payable to:  New Jersey Division of Taxation

OTHER CONDITIONS:

• This sale may be postponed or cancelled at the discretion of the N.J. Division of Taxation.
• The State reserves the right to receive or reject all bids.
• NJ Division of Taxation employees or member of the employees’ immediate family may not participate in auction.
• This property is sold subject to any and all legal encumbrances.
• This property is sold “as is.”

New Jersey Division of Taxation
75 Veterans Memorial Drive East
Somerville, NJ 08876
Robert Winter, Regional Supervisor
908-704-3350