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FREEHOLD, NJ – The Monmouth County Board of Chosen Freeholders has announced that the spring 2014 Monmouth County surplus auction will begin May 17 and continue through May 21.
“The online surplus auctions continue to serve the County well,” Freeholder Deputy Director Gary J. Rich, Sr. said. “It provides a greater benefit in terms of revenue and makes it easier for bidders as they can monitor the sale though their computers. Another benefit is that we get many more bidders, including some in other states.”
Surplus property from the County’s Fleet Services, Sheriff’s Office, Buildings and Grounds, Reclamation Center and seized and surplus property from the Prosecutor’s Office will be sold.
The auction will be conducted by Auction Liquidation Services. A full list of the auction items will be posted online at www.govauctionlistservices.com closer to the auction date. Pictures, descriptions, terms of sale and other information will be available.
Items for sale will be available for viewing from 8 a.m. to 3 p.m. on Monday, May 19, and Tuesday, May 20. Items will be available at the Public Works and Engineering Complex, 250 Center St., Freehold.
Online bidding for all items will commence at 9 a.m. Saturday, May 17 and will begin to close at 6 p.m. on May 21. All bidders must pre-register with the auctioneer at www.govauctionlistservices.com.
Successful bidders will be able to pick up their item or items at the County’s Public Works Complex at 250 Center St. in Freehold between 8 a.m. and 3 p.m. on May 22 and 23.
Successful bidders who do not pick up their items at the County’s Public Works Complex by 3 p.m. on May 23 will be liable for storage fees equal to 2% of the sale price per business day until the merchandise is removed by the buyer, for up to 10 business days.
The County began conducting its surplus property auctions completely online in 2008. To date, the online auctions have netted more than $2 million dollars for the County.
“In addition to expanding the bidder base, having the entire auction online eliminates weather concerns and reduces labor issues,” said Freeholder Thomas A. Arnone, liaison to the Department of Public Works and Engineering. “Previous surplus auctions produced a cost to taxpayers because they were held only on the weekend, which accrued overtime expenses for setup, oversight and security.”
“We expect to have another surplus auction in the fall,” added Rich.