Colts Neck horse farm sold at auction to mystery buyer after 55 years in one family
Colts Neck horse farm sold at auction to mystery buyer after 55 years in one family
Olivia Liu
Asbury Park Press
COLTS NECK - Overbrook Farm, which was the birthplace of the Graded stakes-winning racehorse Irish War Cry, sold for $6.1 million at auction.
Max Spann, president and owner of Max Spann Real Estate & Auction Co., said he can’t disclose any information about the buyer, but that the 235-acre farm drew “over 15 qualified bidders with funds” and “over 100 preregistrations for the auction.”
The farm, which has been in the Bailey family for over 55 years, has served as a breeding and training farm with a half-mile racetrack on the property.
Richard E. Bailey, a sports television executive, bought Margate Farm in 1969, according to an Asbury Park Press article.
Overbrook found the spotlight in 2017 when one of its own, Irish War Cry, chalked up a win in the Wood Memorial and finished second in the Belmont Stakes. The colt was owned by Isabelle de Tomaso, the daughter of Monmouth Park founder Amory Haskell.
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Former Dan Shantz greenhouse complex sold for $4.5 million in auction
Former Dan Shantz greenhouse complex sold for $4.5 million in auction
LehighValleyNews.com | By Jay Bradley
Published November 6, 2024 at 3:30 PM EST
LOWER MILFORD TWP., Pa. — The former Dan Schantz farm and greenhouse complex may be turning a new leaf, as it was sold for $4.5 million in an auction Wednesday.
The former greenhouse and wholesale outlet at 8025 Spinnerstown Road, Zionsville, became available after the company went out of business late last year.
Max Spann of Max Spann Auctions, who oversaw the sale, said the identity of the auction winner is not yet public, but the sale would be closed within 50 days.
He said the new owners are professional greenhouse operators, and that, because of legal easements, it would be difficult to do anything else on that property.
Advertised as a "major greenhouse operation on 95+/- acres of preserved farmland" with 16 acres under glass, the facilities also include production, warehousing, equipment storage capabilities.
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Paterson’s Art Factory to go up for auction in U.S. Bankruptcy Court sale
Paterson’s Art Factory to go up for auction in U.S. Bankruptcy Court sale | Paterson Times
The Art Factory, a prominent creative center in Paterson that has fostered a dynamic community of artists, musicians, and creators, will be auctioned on Nov. 26 by Max Spann Real Estate & Auction Company in an auction ordered by the U.S. Bankruptcy Court.
Located at 60-70 Spruce Street, the Art Factory spans 230,000 square feet across 21 buildings in the Great Falls Industrial Park. Situated on 4.78 acres along Paterson Great Falls National Park, the property is 12 miles from New York City and minutes from Interstate 80. Originally built in the mid-1840s as the American Hemp Company, the site gradually transformed into a cultural hub and was most recently home to the Art Factory, featuring artist studios, workshops, event spaces, and performance venues.
Nicknamed “Hollywood East,” the campus has hosted major film and television productions, including The Irishman, West Side Story, and Doctor Strange, drawing attention for its versatile facilities and unique setting.
“A hub of the American industrial revolution, Paterson has long been a beacon of creativity and innovation,” said Max Spann Jr., president of Max Spann Real Estate & Auction Company. “We expect this auction to attract a diverse group of bidders considering all the possibilities the property offers. We’re excited to see how the next chapter of the Art Factory unfolds.”
Paterson Times
November 6, 2024
Max Spann Real Estate & Auction Co. Sells over $10M in Historic Auction of Remaining Sandy Damaged
Max Spann Real Estate & Auction Co. Sells over $10M in Historic Auction of Remaining Sandy Damaged Homes Throughout Staten Island, NY
Owner of Middle Eastern restaurant buys iconic Libby’s Lunch site in Paterson (northjersey.com)
Libby's Lunch in Paterson Courtesy Kristin Coursen
Sal Washah, owner of Kanoon in Clifton, will replace the Libby's Lunch building with a restaurant and cafe. overlooking the Great Falls in Paterson.
PATERSON PRESS
Joe Malinconico
PATERSON — The owner of a Clifton restaurant where the menu features Middle Eastern smoked meats emerged as the high bidder on Tuesday to buy the iconic Libby’s Lunch hot dogs property at Paterson’s Great Falls, officials said.
In an online auction, Sal Washah outbid several other restaurant businesses by making a commitment to spend $850,000 to acquire the Libby’s property from the city of Paterson, officials said.
Mayor Andre Sayegh was jubilant over the outcome of the auction, conducted by Max Spann Real Estate, for a property assessed at $525,000.
Tiny N.J. town to auction off 78 residential lots to make ends meet - nj.com
By Josh Solomon | NJ Advance Media for NJ.com
Penns Grove borough government may be short on money, but it’s long on property.
The economically depressed Salem County enclave surrounded on three sides by Carneys Point and the Delaware River on the fourth gets nearly a half million dollars a year in state aid just to help it cover its bills.
But the borough also has an outsized real estate portfolio. Of the approximately 1,800 parcels in the 1-square-mile community, the local government owns about one in every 18 of them.
This month, the borough is hoping to even things out by putting most of its estate up for auction. It contracted with Max Spann Real Estate and Auction Company to unload 78 properties from its portfolio, selling them to homeowners or investors in an effort to get them back on the tax rolls. The sale, originally scheduled for March 1, was pushed to March 15, and runs through March 18.
Historic Stafford Farm in Voorhees to be sold at auction; preserved for agricultural uses only
Historic Stafford Farm in Voorhees is being sold.
The farm dates from a 1773 land grant from Gen. George Washington to his personal guard, Lt. John Stafford, and is preserved as farmland by the state
Article by Neill Borowski, Editor, 70and73.com
Want to buy a school? Pohatcong Township is auctioning off building on 2 acres
Want to buy a school? Pohatcong Township is auctioning off building on 2 acres
Updated Feb 05, 2020; Posted Feb 05, 2020
lehighvalleylive.com
After years in limbo, South Jersey indoor flea market sells for $5.7M
A New York-based developer plans on redeveloping the Grand Marketplace in Willingboro, an indoor flea market, and is considering potential residential or industrial uses. Article by Michelle Caffrey, Philadelphia Business Journal, December 24, 2019.
The City of Atlantic City to Auction 195 Properties throughout the city
Press Release: Max Spann Real Estate and Auction Co. is auctioning 195+/- foreclosed properties throughout Atlantic City on Tuesday, December 17, 2019.
Legendary NJ Harness Racing Leader’s Farm To Be Sold
LEGENDARY NJ HARNESS RACING LEADER’S FARM TO BE SOLD
By Leon Zimmerman
(Member of the Harness Racing Communicators Hall of Fame)
The Colts Neck, NJ, horse farm founded by the late Hall of Famer Anthony T. Abbatiello, a leader in the growth of harness racing that propelled New Jersey to prominence in the sport for four decades, is to be sold at auction on site on September 5.
Sale of the 64.3-acre property, reduced from its original 450 acres many years ago by a state takeover of land for a major state highway (Route 18), includes a house, two barns with horse or livestock stalls, a half-mile horse training track, an accessory building with three large garage-type bays, four ponds for fishing or irrigation with a pump and State Department of Environmental Protection approvals in place.
Branchburg: Landmark Neshanic Station historic house up for auction
Article on mycentraljersey.com about the upcoming auction for the Historic House in Neshanic Station by order of Branchburg Township.
Former Golden Grille Lot in Jersey City Heads to the Auction Block
Article on JerseyDigs.com about our upcoming Auction in Jersey City, NJ on March 14, 2019.
For less than $600K, you can own this Gilded Age NJ mansion with NYC skyline views
Article on 6SQFT.com about the upcoming Auction of the 1920's Georgian Mansion in South Orange NJ on November 18th.
So You’re Bidding on a $6 Million Mansion at Auction…
In the market for a new home? Try your luck bidding on this beautiful Scarsdale home going to auction June 29. - http://www.westchestermagazine.com
