Bankruptcy Auction: The property is a 67,000sf income producing retail and office building located on the I-495 Helix to the Lincoln Tunnel in Union City, NJ. The property sits on over a half acre of land spanning an entire city block with frontage on four streets. Partially occupied by professional offices, the property also enjoys ancillary revenues from cell towers and a very prominent billboard. A sufficiently capitalized new owner will be able to complete the final stages of renovations and lease out a substantial portion of the building which is currently unfinished and therefore unoccupied.
BY ORDER OF THE UNITED STATES BANKRUPTCY COURT FOR THE DISTRICT OF NEW JERSEY In re: 3100 BERGENLINE AVENUE LLC Case No. 12-28385
Monday, December 10th @ 12PM