SHERIFF’S SALE
By virtue of a Writ of Execution to me directed, issued out of
SUPERIOR COURT OF NEW JERSEY CHANCERY DIVISION
BURLINGTON County of Burlington
DOCKET NO. L-1204-23; J-078931-24
ATTORNEY FILE NO.
SHERIFF # 25000874
I will sell at public sale on Thursday 10/23/2025at 12:00 PM Prevailing Time, at the County Court Facilities, Rancocas Road, 1st Floor, Commissioner’s Board Room, Mt. Holly, New Jersey
1294 COOPER STREET #A-10 EDGEWATER PARK, NJ 08010
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THE "GOOD FAITH ESTIMATE" OF THE UPSET PRICE IS $46,513.86. TO THE BEST OF OUR KNOWLEDGE, THE SUBJECT PROPERTY IS VACANT. THE PROPERTY CONSISTS OF THE LAND AND ALL THE BUILDINGS AND STRUCTURES ON THE LAND IN THE TOWNSHIP OF EDGEWATER PARK, COUNTY OF BURLINGTON, AND STATE OF NEW JERSEY. THE LEGAL DESCRIPTION IS: SHOWN-AND DESIGNATED AS APARTMENT UNIT NUMBER 10, FLOOR 2ND, BUILDING A, AS SHOWN IN EXHIBIT 5-2 OF MASTER DEED CREATING AND ESTABLISHING JEFFERSON SQUARE CONDOMINIUM, AS PROVIDED BY THE CONDOMINIUM ACT OF THE STATE OF NEW JERSEY (P.L. 1969, C. 257, APPROVED JANUARY 7, 1970) GIVEN BY Q.M.Q. ASSOCIATES, INCORPORATED, A PENNSYLVANIA CORPORATION UNDER DATE OF AUGUST 23, 1971, RECORDED IN THE" BURLINGTON COUNTY CLERK'S OFFICE AT MT. HOLLY, NEW JERSEY, ON AUGUST 23, 1972 IN BOOK 1812, PAGE 772 AND ALSO THE UNDIVIDED 1.1875% OF COMMON INTEREST IN COMMON ELEMENTS APPERTAINING TO SAID UNIT AS SHOWN IN EXHIBIT "C" OF SAID MASTER DEED. BEING LOT: 1, BLOCK: 1204, ON THE TAX MAP. PREMISES: A-10 JEFFERSON SQUARE, EDGEWATER PARK, NJ. STREET: 1294 COOPER STREET, A10, BEVERLY, NEW JERSEY 08010. NEAREST CROSS STREET: COOPERTOWN APARTMENTS ROAD TAX LOT AND BLOCK NO.: BLOCK: 1204, LOT: 1-CA010 DIMENSIONS (APPROX.): CONDOMINIUM UNIT — 1,000 SQUARE FEET AMOUNT DUE FOR WATER: *- AS THE ABOVE DESCRIPTION DOES NOT CONSTITUTE A FULL LEGAL DESCRIPTION, SAID FULL LEGAL DESCRIPTION IS ON FILE WITH THE SHERIFF OF BURLINGTON COUNTY. PRIOR MORTGAGE OR LIENS OUTSTANDING AND EXTINGUISHING BY THE SALE ARE AS LISTED IN SECTION 2 BELOW. JEFFERSON SQUARE CONDOMINIUM AND JEFFERSON SQUARE ASSOCIATION ASSESSMENTS, LATE CHARGES, AND ATTORNEY FEES FROM 05/09/2023 TO DATE OF SALE $14,718.43 MORTGAGE TO MORTGAGE SERVICES OF AMERICA $51,200.00.
Surplus Money: If after the sale and satisfaction of the mortgage debt, including costs and expenses, there remains any surplus money, the money will be deposited into the Superior Court Trust Fund and any person claiming the surplus, or any part thereof, may file a motion pursuant to Court Rules 4:64-3 and 4:57-2 stating the nature and extent of that person’s claim and asking for an order directing payment of the surplus money. The Sheriff or other person conducting the sale will have information regarding the surplus, if any.
This does not constitute a full legal description, which can be found in the County Clerk’s Office or the Sheriff’s Office.
The Sheriff is not responsible and makes no representation as to the accuracy of the affidavit of considerations submitted by the plaintiff in regards to this property.
The purchaser will pay the costs of drawing and executing the deed, sheriff’s fees, costs, and commission.
Judgment approximately $39,494.10 besides interest, costs, and fees.
The right to adjourn this sale is specifically reserved by the undersigned.
Seized as the property of
GERALD H. WILLIS
Defendant(s): taken in execution at the suit of
JEFFERSON SQUARE CONDOMINIUM AND JEFFERSON SQUARE ASSOCIATION
Plaintiff(s):
NOTICE TO THE PUBLIC
AT THE TIME OF THE SALE, TWENTY PERCENT OF THE AMOUNT BID WILL BE REQUIRED AS A DEPOSIT, BY THE PURCHASER, IN CASH, CERTIFIED, TREASURER’S, OR CASHIERS CHECK ONLY. THE BALANCE IS DUE TWO WEEKS FROM THE DATE OF SALE, IN CASH OR CERTIFIED, TREASURE’S, OR CASHIERS CHECK ONLY.
IN CERTAIN CASES, AT THE TIME OF THE SALE THREE- AND ONE-HALF PERCENT (3.5%) OF THE AMOUNT BID AS A DEPOSIT, IN CASH, CERTIFIED TREASURER’S OR CASHIERS CHECK ONLY. THE BALANCE IS DUE NINETY DAYS (90) FROM DATE OF SALE IN CASH OR CERTIFIED, TREASURER’S OR CASHIER’S CHECK OR SHALL BE BY WIRE TRANSFER TO THE BURLINGTON COUNTY SHERIFF. IF THE BALANCE OF THE PURCHASE PRICE IS TO BE FINANCED, BIDDER MUST PRESENT AT SALE PRE-APPROVAL DOCUMENTATION FROM AN INSTITUTION REGULATED BY THE DEPARTMENT OF BANKING AND INSURANCE OR FEDERAL BANKING AGENCY AS DEFINED IN THE NEW JERSEY RESIDENTIAL MORTGAGE LENDING ACT.
THOSE PERMITTED TO PAY THREE- AND ONE-HALF PERCENT DEPOSIT (3.5%) SHALL BE THE FOLLOWING IN ORDER OF PRIORITY:
1. THE FORECLOSED UPON DEFENDANT, THE FORECLOSED UPON DEFENDANT’S NEXT OF KIN OR TENANT, MEETING THE ABOVE REQUIREMENTS, SHALL HAVE RIGHT OF FIRST REFUSAL TO PURCHASE THE PROPERTY; (only available for the initial sale unless the sale is delayed)
2. AN INDIVIDUAL, MEETING THE ABOVE REQUIREMENTS WHO INTENDS TO OCCUPY THE PROPERTY AS HIS PRIMARY RESIDENCE FOR NO LESS THAN EIGHTY-FOUR (84) MONTHS;
3. A NONPROFIT COMMUNITY DEVELOPMENT CORPORATION WHO HAS A WRITTEN AGREEMENT WITH THE FORECLOSED UPON DEFENDANT, THE NEXT OF KIN OF THE FORECLOSED UPON DEFENDANT OR TENANT OF THE FORECLOSED UPON PROPERTY;
4. A NONPROFIT COMMUNITY DEVELOPMENT CORPORATION WHO HAS COMPLETED A 1023 FILING WITH UNITED STATES INTERNAL REVENUE SERVICE, STATING THE CORPORATION’S MISSION INCLUDES COMMUNITY REVITALIZATION AND THE CREATION OR PRESERVATION OF AFFORDABLE HOUSING.
A TENANT OR A SUCCESSFUL BIDDER WHO IS NEITHER THE PLAINTIFF NOR THE FORECLOSED UPON DEFENDANT OR HIS NEXT OF KIN AND WHO INTENDS TO OCCUPY THE PROPERTY AS HIS PRIMARY RESIDENCE FOR A MINIMUM OF EIGHTY FOUR (84) MONTHS AND FINANCES THE PURCHASE OF THE PROPERTY AND PAYS A THREE AND ONE HALF (3.5) PERCENT DEPOSIT SHALL HAVE RECEIVED EIGHT (8) HOURS OF HOMEBUYER EDUCATION AND COUNSELING THROUGH A UNITED STATES DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT (HUD) CERTIFIED HOUSING COUNSELING AGENCY, AND SHALL PRESENT A CERTIFICATE OF COMPLETION OR PROOF OF ENROLLMENT IN THE PROGRAM TO THE SHERIFF.
IF YOU INTEND TO BID UNDER THE COMMUNITY WEALTH PRESERVATION PROGRAM, WE ASK THAT YOU PLEASE SUBMIT ANY NECESSARY DOCUMENTS TO THE SHERIFF’S OFFICE THREE DAYS PRIOR TO THE SALE.
To be sold by: James H. Kostoplis, Sheriff
Attorney (s): SIMEONE & RAYNOR 856-663-6700
Dated: 9/18/2025
Run Dates: 9/25, 10/2, 10/9, 10/16/2025
Prs. Adv. Fee: $364.72