OCEAN COUNTY
SHERIFF'S SALE
By virtue of the above stated writ, to me directed, issued out of the SUPERIOR COURT OF NEW JERSEY, CHANCERY DIVISION Docket No. F01149124 will be exposed to sale at public venue on TUESDAY the 20th DAY OF JANUARY, A.D. 2026 between the hours of 12 o'clock and 5 o'clock (at 2 o'clock) Prevailing Time in the afternoon of said day at the Office of the Sheriff, Toms River, Township of Tom's River, County of Ocean, New Jersey.
All that tract or parcel of land and premises, situate, lying and being in the TOWNSHIP of TOMS RIVER County of Ocean and State of New Jersey.
Street and Street No.: 40 MAIN STREET;
Tax Lot and Block No.: LOT: 30, BLOCK: 658.01
Dimensions: APPROXIMATELY: THE PREMISES ADDRESSED AT 40 MAIN STREET IS A RETAIL OFFICE BUILDING FORMERLY OCCUPIED BY WELLS FARGO BANK AS A BANK BRANCH. THE SITE CONTAINS APPROXIMATELY 125 LINEAR FEET OF FRONTAGE ALONG THE WEST SIDE OF MAIN STREET AND APPROXIMATELY 380 LINEAR FEET OF FRONTAGE ALONG THE EAST SIDE OF IRONS STREET FOR A TOTAL SIZE OF 1.68 ACRES
Nearest Cross Street: N/A
The above description does not constitute a full legal description, said description is filed at the Office of the Sheriff, 120 Hooper Avenue, Toms River, NJ.
PRIOR LIENS OF AFFIDAVIT: NONE
THE PLAINTIFF'S GOOD FAITH ESTIMATE OF THE UPSET PRICE: $3,373,813.41;
All that tract or parcel of land and premises, situate, lying and being in the TOWNSHIP of TOMS RIVER County of Ocean and State of New Jersey.
Street and Street No.: 101 WEST WATER STREET;
Tax Lot and Block No.: LOT: 47 AND 58, BLOCK: 658
Dimensions: APPROXIMATELY: 286 LINEAR FEET OF FRONTAGE ALONG THE WEST SIDE OF IRONS STREET AND APPROXIMATELY 138 LINEAR FEET OF FRONTAGE ALONG THE NORTH SIDE OF WEST WATER STREET FOR A SITE SIZE OF 1.046 ACRES. THE SITE IS USED AS A PARKING LOT
Nearest Cross Street: NONE
The above description does not constitute a full legal description, said description is filed at the Office of the Sheriff, 120 Hooper Avenue, Toms River, NJ.
PRIOR LIENS OF AFFIDAVIT: NONE
THE PLAINTIFF'S GOOD FAITH ESTIMATE OF THE UPSET PRICE: $3,373,813.41.
"May be subject to an Ordinance by the Ocean County Board of Health: 87-01 Section 10. The Sheriff's Department will require notification of the certification of the wells where applicable."
THE SHERIFF HEREBY RESERVES THE RIGHT TO ADJOURN THIS SALE WITHOUT FURTHER NOTICE BY PUBLICATION.
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.
The amount of judgement to be satisfied by said sale is the sum of $7,910,304.29 more or less plus interest.
The Sheriff shall deduct his fees, costs and commissions of sale from the total amount bid at the sale.
A 20% deposit (cash or certified funds) is required from the Successful Bidder at the time of sale.
Seized as the property of GRACE ACQUISITIONS NJ LLC, ET ALS, defendant and taken in execution at the suit of JTS CAPITAL 3 LLC, plaintiff to be sold by
Michael G. Mastronardy,
Sheriff
Attorneys for Plaintiff
BRACH, EICHLER, ROSENBERG, SILVER, BERNSTEIN, HAMMER & GLADSTONE
101 EISENHOWER PARKWAY
ROSELAND, NJ 07068
Sheriff Docket: CH 780532
Dated: 12/25/2025, 1/1, 1/8, 1/15/2026
($197.16)