Bankruptcy Auction
re: Advance Core Solutions
AJ Willner Auctions will sell the real property known as:
50 Lake Street, East Windsor, NJ
On Tuesday, January 22nd, 2019 @ 11AM
Perspective Bidders are encouraged to visit www.ajwauctions.com to find out more info.
Description:
A 10,300+/- Sq Ft Pharmaceutical Research and Manufacturing with Quality Control Laboratories. Recently upgraded to exceed FDA standards, known as Current Good Manufacturing Facility (cGMP). All the walls are reconstructed as required by the DEA with metal screen reinforcement and the floor was reconstructed with seven (7) layer Epoxy Quartz floor. All the walls are with Epoxy paint. Brand new separate Heatex HVAC System for the manufacturing area. As required by the DEA, the facility has cameras, motion detectors, glass break detectors, complete sprinkler systems, other safety devices. The Manufacturing area has duct heaters and all rooms have differential pressure system.
Located just off the New Jersey Turnpike at desirable Exit 8 and situated on a rectangular shaped parcel measuring 374' x 380' 3.01 acres.
2016 Estimated Real Estate Taxes $42,600
Zoning
The subject property is situated within the PUD – Planned Unit Development District. This is a specialized district allowing for both commercial and residential development. The zone requires a minimum lot size of 50,000-sf and a maximum building height of 40’ for commercial properties.
The subject’s research and development use is believed to be a permitted use within the PUD and complies with the minimum lot size. In the event of partial construction it is believed the building could be rebuilt to its existing foot print.
