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Lead Closed

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MiddlesexRed Risk
Closed
General

notice-to-bidders-for-sale-of-municipal-property-2023-oct

BID #: N/A
ISSUED: 10/24/2023
DUE: 11/14/2023
VALUE: $450,000
80
Rating

Risk Rank

Red Risk

AI-Powered Lead Insights

Executive Summary

The Borough of Middlesex is offering for sale a real property located at 210 Grove Avenue, identified as Lot 25 in Block 265 on the Middlesex Borough Tax Map. The sale is authorized by Ordinance 2102-23 and is subject to all conditions listed therein. The fair market value of the Property, as determined by the Borough Tax Assessor, is $450,000. Bids must be no less than this amount and accompanied by a 10% deposit of the bid amount.

Detailed Risk Breakdown

local preference

No Flags Found

performance bond

No Flags Found

liquidated damages

Evidence Detected

1 CLAUSES FOUND
"...That the failure to close title as agreed shall forfeit to the Borough any and all money deposited with the Borough...."

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Contacts

Linda Chismar

Borough Clerk

(***) ***-****
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Leonard Vidal

DPW Director

(***) ***-****
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Timeline

First Discovered

Apr 2, 2026

Last Info Update

Apr 2, 2026

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notice-to-bidders-for-sale-of-municipal-property-2023-oct — Middlesex | MuniBidder