Upcoming Real Estate Auction
New Garden Township, Chester County orders their land to be sold.
12.65 ± acres adjoining New Garden Airport
Airport Development Zone
1235 Newark Road, New Garden Township,
Toughkenamon, Chester County, Pennsylvania
Between Kennett Square and Avondale
When bidding reaches the reserve price of $350,000 the reserve will be lifted and the property sells!
Buyer’s Premium: 4.5% of the high bid will be added to the high bid.
The 4.5% amount added to the high bid becomes the contract price.
Example: High bid $350,000 - 4.5% of high is $15,750.
$15,750 added to $350,000 becomes the contract sale price of $365,750.00
If the high bid is higher than $350,000 or in the event the the Township accepts an amount less than $350,000 the above amounts will be adjusted accordingly.
Auction on premise: Tuesday, May 16, 2017 - 2:00 PM
You may walk the land at your own risk.
Address: 1235 Newark Road, New Garden Township, Toughkenamon, Chester County, Pennsylvania
Tax Parcel: UPI 60-1-25.7
Estimated Taxes based on current assessed value of the Property. Township, School and County: $3417.29
Water and Sewer in Newark Road
Height Restrictions: any improvement will need to be below the Part 77 surfaces overlaying the property. Depending on proximity within the property the current elevations of the property range from 420-440' feet. The Part 77 surfaces range from 460-500' depending on proximity within the property.
Due Diligence Links
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Zoned: Airport Development District (ADZ). Proposed draft of the ADZ zoning change
Premitted uses: http://ecode360.com/6251935
Chester County: www.chesco.org
New Garden Township: www.newgarden.org
Kennett Consolidated School District: www.kcsd.org
Auction Held Rain or Shine.
Auction held rain or shine. In the event of severe storms the auction may be postponed and will be rescheduled. An alternate date will be posted on the Traiman website.
Check back to this location often for updates, revisions or changes.