Public sale of a condominium unit due to foreclosure.

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. F-003419-25
ATTORNEY FILE NO. 24-232360
SHERIFF # 26000153
I will sell at public sale on Thursday 3/5/2026 at 12:00 PM Prevailing Time, at the County Court Facilities, Rancocas Road, 1st Floor, Commissioner's Board Room, Mt. Holly, New Jersey
 
115 EAST KINGS HIGHWAY UNIT 410
MAPLE SHADE, NJ 08052
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ESTIMATED UPSET BID AMOUNT: $203,000.00 PLUS ANY ADDITIONAL SUMS AS ORDERED BY COURT. THE PROPERTY TO BE SOLD IS LOCATED IN THE TOWNSHIP OF MAPLE SHADE IN THE COUNTY OF BURLINGTON AND THE STATE OF NEW JERSEY. COMMONLY KNOWN AS: 115 EAST KINGS HIGHWAY, UNIT #410, MAPLE SHADE, NJ 08052. TAX LOT: 1 QUALIFIER CU 410, BLOCK: 172 DIMENSIONS OF LOT: TOGETHER WITH AN UNDIVIDED 0.280 PERCENT INTEREST IN THE COMMON ELEMENTS OF WATERGATE CONDOMINIUM NEAREST CROSS STREET: ADAMS BRIDEN LANE THE SHERIFF HEREBY RESERVES THE RIGHT TO ADJOURN THIS SALE WITHOUT FURTHER NOTICE THROUGH PUBLICATION. *SUBJECT TO ANY UNPAID TAXES, MUNICIPAL LIENS, OR OTHER CHARGES, AND ANY SUCH TAXES, CHARGES, LIENS, INSURANCE PREMIUMS OR OTHER ADVANCES MADE BY PLAINTIFF PRIOR TO THIS SALE. ALL INTERESTED PARTIES ARE TO CONDUCT AND RELY UPON THEIR OWN INDEPENDENT INVESTIGATION TO ASCERTAIN WHETHER OR NOT ANY OUTSTANDING INTEREST REMAIN OF RECORD AND/OR HAVE PRIORITY OVER THE LIEN BEING FORECLOSED AND, IF SO, THE CURRENT AMOUNT DUE THEREON. 2026 QUARTER 1 DUE: 02/01/2026 $1,057.78 OPEN. 2026 QUARTER 2 DUE: 05/01/2026 $1 ,057.77 OPEN. 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. ALL THAT CERTAIN LOT, PARCEL, OR TRACT OF LAND, SITUATE AND LYING IN THE MAPLE SHADE TOWNSHIP COUNTY OF BURLINGTON AND STATE OF NEW JERSEY, BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS: KNOWN AND DESIGNATED AS UNIT 410, SITUATED IN WATERGATE CONDOMINIUM. A CONDOMINIUM, TOGETHER WITH AN UNDIVIDED 0.280 PERCENTAGE INTEREST IN THE COMMON ELEMENTS OF SAID CONDOMINIUM (REFERRED TO IN THIS DEED AS THE “CONDOMINIUM UNIT”). THE CONVEYANCE EVIDENCED BY THIS DEED MADE UNDER PROVISIONS OF AND IS SUBJECT TO THE NEW JERSEY CONDOMINIUM ACT (N.J.S.A 46:88-1 ET SEQ.) AND THE PLANNED REAL ESTATE DEVELOPMENT ACT (N.J.S.A. 45:22A-21 ET SEQ.) AS AMENDED, AND ANY APPLICABLE REGULATIONS ADOPTED UNDER EITHER LAW, THE CONVEYANCE EVIDENCED BY THIS DEED IS ALSO MADE IN ACCORDANCE WITH THE TERMS, LIMITATIONS, CONDITIONS, COVENANTS, RESTRICTIONS, EASEMENTS, AGREEMENTS AND OTHER PROVISIONS SET FORTH IN THAT CERTAIN MASTER DEED FOR WATERGATE CONDOMINIUM, A CONDOMINIUM RECORDED ON DECEMBER 1, 1972 IN THE OFFICE OF THE CLERK OF BURLINGTON COUNTY IN DEED BOOK: 1824, PAGE: 283, AS AMENDED IN DEED BOOK: 2264, PAGE: 243; DEED BOOK: 4278, PAGE: 281 AND DEED BOOK: 5280, PAGE: 173, AND AS THE SAME MAY NOW OR HEREAFTER BE LAWFULLY AMENDED. FOR INFORMATIONAL PURPOSES ONLY: ALSO KNOWN AS LOT 1, QUALIFIER: CU410, BLOCK: 172.03 ON THE TOWNSHIP OF MAPLE SHADE TAX MAP. APN/ PARCEL ID: BLOCK: 17203 LOT IQ CU410. BEING COMMONLY KNOWN AND DESIGNATED AS 115 EAST KINGS HIGHWAY #410, MAPLE SHADE, NJ 08052. NOW KNOWN AS BLOCK: 172, LOT: 1 QUALIFIER CU410 ON THE TAX MAP OF MAPLE SHADE TOWNSHIP, COUNTY OF BURLINGTON, STATE OF NEW JERSEY. NO PRIOR MORTGAGES OR LIENS ARE OUTSTANDING.
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 $177,172.04 besides interest, costs, and fees.
The right to adjourn this sale is specifically reserved by the undersigned.
Seized as the property of
BLACKSHEAR PROPERTY MANAGEMENT, LLC, A NEW JERSEY LIMITED LIABILITY COMPANY; SCHALOR BLACKSHEAR; STATE OF NEW JERSEY
Defendant(s): taken in execution at the suit of
U.S. BANK TRUST COMPANY, NATIONAL ASSOCIATION, NOT IN ITS INDIVIDUAL CAPACITY BUT SOLELY AS TRUSTEE FOR COLT 2024-INV1 MORTGAGE LOAN TRUST
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.
5. 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): ROBERTSON, ANSCHUTZ, SCHNEID, CRANE & PARTNERS, PLLC 973-575-070
Dated: 1/30/2026
2/5, 2/12, 2/19, 2/26/2026
Prs. Adv. Fee: $517.92