888.345.SOLD [email protected]

Modern elegant estate

Situated on the Prestigious
East Hill of Tenafly, NJ

ONLINE Auction

Auction Closes:

DECEMBER 14

2:00 Pm ET
Bidding Opens:
[add to Googlecal]

PROPERTY HIGHLIGHTS

6 Bedrooms

8 Full Baths | 2 1/2 Baths

Built in 2006

Approx. 10k sf on 1 Acre

Wine Cellar, Movie Theater, Library

Pool, Tennis Court, Heated Garage & Driveway

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AUCTION HIGHLIGHTS

Online Auction  ?

Opening Bid: To Be Determined  ?

No Buyers’ Premium 

2.5% Co-Broker Commission  ?

Initial Bid Incentive Offered  ?

Buy Now at: $4,000,000 ?

AN EXQUISITE PROPERTY

10,000 SQ FT. OF MODERN ELEGANCE

Custom-built unique house set on a secluded cul-de-sac atop the prestigious East Hill of Tenafly. Over an acre of land and 10,000 square feet of living space, this home offers a modern open layout with many architectural details and is perfect for indoor & outdoor entertaining.

The first floor boasts a spacious entry foyer, skylights, formal dining room, vaulted ceiling, eat-in kitchen, bar, bright & open living room.

The kitchen & living room doors lead to a beautifully landscaped garden, bluestone patio, BBQ area, in-ground heated salt water pool & tennis court with outdoor lighting.

The library overlooks luxuriant landscaping.

The resort-like master bedroom suite has a fireplace, oversized his & her walk-in closets and bathrooms, and a steam shower.

The second floor has 5 en-suite bedrooms and a spacious recreation room over-looking the pool (which could be re-designed as a large master suite).

The lower level offers a movie theatre, wine cellar, bath and storage.

The 3-car garage and driveway are heated.

Additional home features include smart home technology, whole-home backup generator, security camera system, 10-zone HVAC, 3-Level Elevator and so much more!  Download the Property Information Package for a more comprehensive listing.

Enjoy Tenafly’s excellent schools.  Located only 5 miles from the George Washington Bridge makes for an easy commute to New York City.

PHOTO GALLERY

(click arrows to scroll or select photo to enlarge; note furniture & furnishings NOT included)

ABOUT
TENAFLY, NEW JERSEY
(according to niche.com)

Tenafly is a suburb of New York City with a population of 14,632. Tenafly is in Bergen County and is one of the best places to live in New Jersey. Living in Tenafly offers residents an uncrowded suburban feel while only minutes to the George Washington Bridge. Many families live in Tenafly where the public schools are highly rated.  The property is located in a neighborhood atop the East Hill of Tenafly amongst similar properties of size and stature.

DOWNLOAD CENTER

You must provide an email and phone number to download files.  This does not register you for the sale.  Note that registered bidders will also be required to provide this information to begin downloading.

HOW TO BID AT AUCTION

Clicking on the Register to Bid Link will take you to the E-Sign Document, which requires an acknowledgement of the Terms and Conditions of Sale.  You may want to download and review the Terms (above) prior to beginning the Registration Process. 

PROPERTY SHOWINGS

We are scheduling Property Showings on the Following Dates.  Please be sure to reserve your viewing time slot now as a limited number of groups will be booked at one time.  You may scheduled your showing appointment by contacting Jenny Kirschen-Hamani at 201-783-5089 or [email protected].

  • Sunday, November 14 from 1pm to 3pm
  • Sunday, November 21 from 1pm to 3pm
  • Sunday, November 28 from 1pm to 3pm
  • Sunday, December 5 from 1pm to 3pm
BIDDING PROCESS

1 | Download the Property Information Package

This package includes property details, floor plans, a property survey and a 2015 replacement cost appraisal, as well as bidding procedures, the Purchase Agreement form, terms of sale and key dates to be mindful of in preparing for your bid.

2 | Attend a Property Showing

You must schedule an appointment to view the property.  Be sure to schedule your appointment asap to ensure availability of your prefered date and time.

3 | Retain a Buyer Broker

While this is not a requirement, we highly suggest working with a professional realtor to assist you through the process.  Upon properly completing a Co-Broker Registration form up until 24 hours prior to the auction, but no later than your first property showing or submital of a bid, your agent will be entitled to the stated co-broker commission.

4 | Download and Review the Purchase Agreement and Available Diligence Materials

While the Purchase Agreement will be on a Standard Form, it will be modified to reflect certain terms of sale that are referenced throughout this webpage and most notably in the section “Terms & Conditions of Sale”.  Please be certain you are prepared accordingly as you must acknowledge your agreement to the terms of the Purchase and Sale Agreement upon Registration.  Key terms to be familiar with include:

  • Inspection – You must accept the Seller’s provided Inspection Reports (available prior to the auction) or conduct your own Inspection (at your cost) prior to the auction and waive post sale inspection contingencies; the sale is being transacted on an “As-Is” basis;
  • Financing – The sale is not contingent on Financing.  You must pre-arrange your financing and be prepared to close upon the award of bid;
  • Closing Period – 30 Days from award of Winning Bid;
  • Additional Costs – Buyer is Responsible for such costs as the NJ mansion tax,
    recording fees, property tax prorations, title insurance, and its share of escrow fees.

5 | Register to Bid

In order to Bid, you must provide the following:

  • A Completed and Signed Bidder Registration Form

Once received, we will confirm your registration by email, and provide you with login credentials to the online bidding platform.

6 | Bid

Online bidding opens 2 weeks prior to the Closing Date.  Registered Bidders may submit their bids once the sale is open and continue to increase their bid up and until the Closing Date.  Bids submitted within the final minutes of the closing time will cause the closing time to be extended.  Bidding will close when no further bids have been submitted for a period of time as determined by the Seller and its advisors.

Prior to the Sale Opening, an Initial Bidder may be selected (see below to learn how you can become the Initial Bidder).  If this is the case and announced to registered bidders, the property will be sold to the determined highest and best bidder at or over the Opening Bid (without reserve).  If, however, no Initial Bidder has been selected, then the auction will open at a price determined by Seller, who shall retain the right to accept or reject the final bid within 24 hours of the close of the auction.

 

Note regarding the Initial Bid Incentive:  Prior to the opening of the auction, a Bidder may be selected as the Initial Bidder. The Initial Bidder’s Bid will serve as the Opening Bid of the auction, and in return for submitting the Initial Bid, the Initial Bidder will receive bid protection in the form of a $100,000 overbid increment requirement.  The Seller has the right to accept or reject any Initial Bid and, if no Initial Bidder is selected, to determine the Opening Bid of the Auction.  If you would like to submit the Initial Bid for the sale, you may submit an Initial Bid Incentive Form before the deadline of November 29 at 6pm ET.

 

7 | Win!

Congratulations.  If you are deemed the highest and best bidder following the auction and the Seller has accepted the bid, you are now the Winning Bidder. You will be contacted to finalize paperwork, including signing the pre-agreed upon Purchase and Sale Agreement.  You will also need to provide a deposit equal 10% of the high bid amount (including buyers’ premium) within 24 hours of the award of bid.

TERMS & CONDITIONS OF SALE

The following highlights certain important terms of sale.  You may also download the complete Terms & Conditions of Sale in the Download Center.

  • Initial Bid – Prior to the opening of the auction, a Bidder may be selected as the Initial Bidder. The Initial Bidder’s Bid will serve as the Opening Bid of the auction, and in return for submitting the Initial Bid, the Initial Bidder will receive bid protection in the form of a $100,000 overbid increment requirement. The Seller has the right to accept or reject any Initial Bid and, if no Initial Bidder is selected, to determine the Opening Bid of the Auction.
  • Inspection – You must accept the Seller’s provided Inspection Reports (available prior to the auction for download at http://10nelsonplace.sale) or conduct your own
    Inspection (at your cost) prior to the auction and waive post sale inspection
    contingencies; the sale is being transacted on an “As-Is” basis.
  • Deposit – Winning Bidder must provide 10% of Total Purchase Price within 24 hours of Bid Award.
  • Financing – The sale is not contingent on Financing.
  • Closing Period – Bidder must be prepared to close within 30 days of award of bid.
  • Additional Costs – Buyer is Responsible for such costs as the NJ mansion tax,
    recording fees, property tax prorations, title insurance, and its share of escrow fees.
  • Buyer’s Broker Commission – 2.5% Available to Qualifying Buyer Agent/Broker.
  • Furnishings – The home furniture and furnishings are NOT included.
  • Note: There is NO buyers’ premium being assessed on this sale.
  • These are partial terms.  Please refer to the complete Terms and Conditions of Sale which are included in the Property Information Package, the Bidder Registration Package, the Co-Broker Registration Package and also available for download in the Download Center.

CONTACT INFORMATION

JENNIFER KIRSCHEN-HAMANI
Listing Agent

Contact Jenny to schedule your site visit or discuss property specifics.

Phone: (201) 783-5089

Email: [email protected]

JEFF TANENBAUM, CAI
Auctioneer

Contact Jeff to learn more about the auction process and prepare to bid.

Phone: (720) 704-5400 ext. 117

Email: [email protected]

ThreeSixty Asset Advisors

HAVE ASSETS TO SELL?

Contact ThreeSixty Asset Advisors Today to Learn How You Can Accelerate Your Sale Process and Maximize Value using the Auction Method of Sale.*

This property is listed by Jennifer Kirschen-Hamani of Keller Williams Town Life located in Tenafly New Jersey.  Keller Williams is the broker of record for the property. ThreeSixty Asset Advisors is acting solely in the capacity of an auction listing and marketing service to support the Broker’s and Seller’s sales process, and is in no way acting in the capacity of a real estate agent or broker for any party to this transaction.  For advice regarding the purchase of this property, prospective purchasers are urged to consult their own real estate broker, as properly registered buyer agents are entitled to commission as stated in the Terms of Conditions of Sale.

*This is not a solicitation for real estate listings; ThreeSixty provides auction marketing consulting services for a wide range of asset classes and in the case of real property works in collaboration with Seller’s existing brokers.

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