REAL ESTATE AUCTION
By Order of Eagle Theatre, Property Owner
$250,000 Opening Bid – Spectators welcome but you must be registered to bid
200 Vine St.
Hammonton, NJ 08037
2 Story Colonial Two Family Residence, 3,146 sq. ft. living area, plus 1,152 sq. ft. Basement and Attic, on a +/- 10,419 sq. ft. Corner Lot w/ Detached 1,660 sq. ft. Pole Barn/Garage.
Bidding Live: Thursday, April 16, 2026 at 1:00pm
Open Houses
Thursday, Apr. 9, 2026 from 11AM to 1PM,
Saturday, Apr. 11, 2026 from 10AM to 12PM,
Sunday, Apr. 12, 2026 from 11AM to 1PM,
Tuesday, Apr. 14, 2026 from 3PM to 5PM, &
On Auction Day: Preview & Registration from 11AM to 1PM.
On Premises:
Hammonton, NJ 08037
Register to Bid on Morning of Auction – Thursday, April 16, 2026 from 11am to 1:00pm – $15,000 Bank or Certified Check Required
Property to be Auctioned
The subject property is a 2 Story Colonial Legal Two Family Residence, 3,146 sq. ft. living area, plus 1,152 sq. ft. Basement and Attic, & concrete front patio, on a +/- 10,419 sq. ft. Corner Lot w/ Detached 1,660 sq. ft. Pole Barn/Garage. Downtown Mixed Zoning. Located in Town of Hammonton, Atlantic County.
This dual family property has +/- 12 to 15 rooms. First floor has 4 rooms, kitchen, & bathroom, freshly painted w/ vinyl plank flooring. Second floor has 5 rooms, another kitchen, and 2 finished bathrooms, Third floor/attic has 2 finished rooms. Full unfinished basement, approximately 7ft. height.
Pole Barn/Garage:
Pole Barn is +/- 1,660 sq. ft., clear span construction, built in approx. 2023, w/ 3 full 14ft. high overhead garage doors, & 1 standard size overhead garage door, and side man entrance door. Interior is 15ft. high to the crossbeams. Exterior has white aluminum siding, blue high metal roof, side windows, ample lighting & electric power. Concrete slab floor w/ full front concrete driveway. Lots of room, multi-use.
Taxes
The 2025 property taxes were $8,672, based on the 2025 tax assessment of $315,100 and a tax rate of 2.81. In 2026 the property is assessed at $369,100 and the taxes will be determined when the new tax rate is published. Water & Sewer charges apply as usual.
Land & Zoning
Block: 2811, Lot: 1
Zone: DT-3 Downtown Mixed
Utilities
Town Sewer & Water, Atlantic City Electric, South Jersey Gas
First floor has forced hot air and central air conditioning. Second & Third floors have hot water radiator heat, no A/C. Incl: Ruud HVAC, WEIL McLAIN Gold Heating System, & Gas hot water heater – high capacity. Washer & Dryer included.
Terms, General Information & Conditions:
Upon the conclusion of the auction the winning bidder is required to sign the prepared real estate contract and post a full 10% down payment of which $15,000 must be in bank or certified check. The remainder can be paid by personal or business check. The high bid is subject to the acceptance and approval of the seller. See complete terms & conditions, and real estate contract under ‘documents’ tab. (when available). There is a 6% Buyers Premium that will be added to the high bid, and the total will then be the purchase price.
Auctioneer’s Note: 6% Buyer’s Premium (Buyer’s Fee).
Auctioneer’s Note #2: See complete terms and conditions, and sample real estate contract under ‘Documents’ tab.
Para espanol llame a Olga a este numero de telefono 732-810-2187 de Lunes a Sabado de 9am a 12pm. Sino contesta, deje un mensaje. Ella le devolvera la llamada. Gracias.
PETER COSTANZO AUCTIONEERS
TERMS AND CONDITIONS
200 Vine St. Hammonton, NJ 08037
- The real property is to be sold at auction to the highest bidder, on THURSDAY, APRIL 16, 2026 AT 1:00 PM. The property will be offered with a nominal opening bid of $250,000 with the final price subject to acceptance & approval by the seller. Notice of acceptance shall be given within 48 hours, unless additional time is required by the seller. Bidding will be made in increments determined by the auctioneer. A 6% buyer’s premium will be added to high bid price, the total of the high bid plus the buyer’s premium will become the purchase price.
- Bidding: In order to register to bid you must post a $15,000.00 deposit in certified or bank check made out to Peter Costanzo Auctioneers Trust Account. At the conclusion of the bidding a complete 10% down payment is required along with a signed purchase contract from the winning bidder. The balance of the 10% down payment may be made in personal or business check. Property sold “AS IS” free and clear of all liens, clear title guaranteed.
- The balance of the purchase price, together with the net amount of any adjustments and changes shall be paid by certified check, cashier’s check or treasurer’s check at time of closing. Closing shall take place within 35 days after the auction date. Liens if any shall be paid by the seller at closing. Time is of the essence.
- Title to said property shall be conveyed by Bargain & Sale Deed which shall be delivered in recordable form. The purchaser shall pay for the recording of the deed.
- Real Estate Contract is not subject to an attorney review and is legally binding upon signing. There are no contingencies whatsoever in regards to the contract. Contract available for review on the Auctioneers website, under “documents”.
- If the purchaser fails to appear at the closing of title or shall appear and refuses to close at the time and place fixed by the parties or shall fail to comply with any of the terms and conditions of the purchase contract the Auctioneer at his option may declare the purchaser in default and retain all money paid as liquidated damages.
- In the event the owner is unable to convey title, the successful bidder shall be entitled only to the return of his/her deposit and the parties shall be mutually released from all of their obligations under the contract of sale.
- The purchaser shall be required to accept the property in its “AS IS” condition on the date of the auction. Purchaser is responsible for certificate of occupancy and any other required inspections, fees or permits.
- Real Estate taxes shall be apportioned at the closing of title.
- Oral statements made at or before the time of the auction and statements made in any sales brochures, sale catalogue or advertisements in connection with the sale pertaining to location, zoning, taxes, condition, titles, surveys, etc. of the property are for information only and should be verified by the purchasers. Purchaser will be bound by any statement of facts disclosed in current tax maps, zoning maps and ordinances, building restrictions, surveys and other data pertaining to the property.
- Seller has neither employed nor hired any Agent, Auctioneer or salesmen except for Peter Costanzo Auctioneers, Peter Costanzo, Broker of Record, NJ Lic. 8900421
- This sale is for the real estate only. It does not include any personal property whatsoever. However, any personal property left and remaining after the closing, becomes the sole responsibility of the purchaser.
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