Public auction for co-op apartment shares on March 12, 2026.
Official Courthouse Record · AI-summarized for clarity
- Published
- Category
- Court Notice
- City
- Fairfield
What You Should Do Next
- 1
Attend the auction
Join the auction on March 12, 2026, at 2:00 PM at the specified address.
- 2
Prepare deposit funds
Ensure you have a 20% deposit ready in cash or certified check for bidding.
- 3
Review co-op requirements
Understand the cooperative corporation's requirements for purchase approval before bidding.
Frequently Asked Questions
- What is the date of the public auction for the co-op apartment?
- The public auction is scheduled for March 12, 2026.
- Where will the auction take place?
- The auction will be held at 130 Clinton Rd, Suite 202, Fairfield, NJ.
- What is the starting bid for the co-op shares?
- The starting bid will be the highest bid made during the auction.
- What is required to participate in the auction?
- A 20% deposit of the bid amount is required at the time of the auction.
The above suggestions and answers are AI-generated for informational purposes only. They may contain errors. NoticeRegistry assumes no responsibility for their accuracy. Consult a qualified professional before taking action.
Full Notice Text
NOTICE OF PUBLIC SALE OF CO-OP APARTMENT BY VIRTUE OF A DEFAULT UNDER that certain Credit Agreement and Security Agreement, each dated February 17, 2005 and made by DANIEL J. HUDSON A/K/A DANIEL JOHN HUDSON (the "Debtor") in favor of PHH MORTGAGE CORP D/B/A COLDWELL BANKER MORTGAGE (the "Lender").DEUTSCHE BANK NATIONAL TRUST COMPANY, AS TRUSTEE FOR MORGAN STANLEY MORTGAGE LOAN TRUST 2005-4, MORTGAGE PASS-THROUGH CERTIFICATES, SERIES 2005-4 (the "Secured Party)') is the successor to Lender by negotiation of the Note and assignment of the Loan Security Agreement and lien upon the cooperative shares in Laurel Gardnes Co-op, Inc., (the "co-op" or "cooperative corporation") and all rights thereunder. NOTICE IS HEREBY GIVEN that pursuant to Article 9 of the Uniform Commercial Code as enacted by the State of New Jersey as codified in N.J.S.A. 12A:9-1-1, et seq., the Secured Party, or its successor in interest or legal representative, will sell the collateral hereinafter described at public auction on March 12, 2026. Said public auction will commence at 2:00PM at the offices of Robertson, Anschutz, Schneid, Crane & Partners, PLLC, 130 Clinton Rd, Suite 202, Fairfield, NJ, 07004 at which time the following collateral will be sold: All shares of the cooperative corporation, leases, stock powers, assignments of leases, and other agreements, instru ments, and documents, pursuant to which certain rights or benefits have been grant ed to the Debtors, all in connection with or pursuant to certain Promissory Notes and Security Agreements (collectively, the "Col lateral") representing the debtors' interest in the following property: 12A AZALEA COURT, EATONTOWN, NJ, 07724. The underlying indebtedness as of January 22, 2026, in the approximate amount of $42,879.06, plus accrued interest, legal fees and costs of sale, as represented by a Promissory Note or other form of repayment agreement between the debtor and the Secured Party is not part of this auction and is not being sold. The purchase price for the Collateral shall be the highest bid and shall be payable in cash or by certified or bank check, of which a twenty (20%) percent deposit is required with the successful bid at time of auction and the balance of the purchase price shall be payable within thirty (30) days ("Closing Date"). The Secured Party reserves the right to bid at this sale, shall not be required to post a deposit and may credit against the purchase price bid all sums due to the Secured Party under the Security Agreement. Should the successful bidder fail to deliver the balance of the purchase price within the time period set forth herein, then upon the expiration of such time period the collateral may, in the sole discretion of the Secured Party, be resold and any loss arising from such resale shall be the responsibility of the former successful bidder. The sale may be subject to further conditions and revisions as may be announced at the start of the auction. The Collateral appurtenant thereto may be inspected at the offices of Robertson, Anschutz, Schneid, Crane & Partners, PLLC immediately prior to the sale. The Co-op Shares and rights to the accompanying Apartment will be sold as is, subject to superior liens, if any, subject to rights of tenants or occupants in possession, if any, and subject to rights of the cooperative corporation. Possession of the Apartment is to be obtained by the purchaser. Purchaser must satisfy any requirements of the cooperative corporation in order to complete the purchase, and is responsible for any charges and fees which are required by the association to process the purchase approval and transaction, including any charges and assessments due to the cooperative corporation. Please direct all inquiries with respect to the collateral to: Robertson, Anschutz, Schneid, Crane & Partners, PLLC A Florida professional limited liability company Attorneys for Secured Party By: Steven D. Krol, Esq. Steven D. Krol, Esq. 130 Clinton Rd, Suite 202, Fairfield, NJ, 07004 1/27, 2/3, 2/10, 2/17/26 $694.20