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LLC Interest 109 Jerome Ave 1 Unit Apartment Building $700,000 ($700,000/Unit) Deal, NJ 07723

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Executive Summary

The 100% membership interest of Barbara Safdieh in 109 Jerome Ave, LLC, herein defined as the “LLC Interest” sells via online auction, on March 24, 2026 @ 10:30 a.m. (EST), with an opening bid of $700,000. Barbara Safdieh is a Chapter 7 debtor in bankruptcy whose case is pending in the United States Bankruptcy Court for the Eastern District of New York under case no. 25-40011 (ESS). This will be a Bankruptcy Court authorized sale of the LLC Interest by Lori Lapin Jones, solely in her capacity as Chapter 7 Trustee of the bankruptcy estate of Barbara Safdieh. 109 Jerome Ave, LLC is the sole owner of real property commonly known as and located at 109 Jerome Avenue, Deal, NJ 07723. To bid on the LLC Interest, by 11:59 p.m. (EST) on March 17, 2026, each prospective bidder must: (a) tender to MYC signed Terms and Conditions of Sale; (b) agree to bid not less than $700,000.00 for the LLC Interest; (c) tender the earnest money deposit in the amount of $70,000.00 to be deposited with the Chapter 7 Trustee from an account of such offeror, or counsel on such offeror’s behalf. Only those who qualify to bid on the LLC Interest will receive a link to participate in the auction sale.

Property Facts

Price $700,000
Price Per Unit $700,000
Sale Type Investment
Sale Conditions
Distress Sale
  • Business Value Included
No. Units 1
Property Type Multifamily
Property Subtype Apartment
Building Class B
Lot Size 0.98 AC
Building Size 8,666 SF
Average Occupancy 100%
No. Stories 3
Year Built 1918
Zoning R-1 - low density residential

Property Taxes

Property Taxes

Parcel Number
11-00004-0000-00004-01
Land Assessment
$8,531,300
Improvements Assessment
$4,182,300
Total Assessment
$12,713,600
  • Listing ID: 39587677

  • Date on Market: 2/26/2026

  • Last Updated:

  • Address: 109 Jerome Ave, Deal, NJ 07723

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