Article: RTC auction features land, properties in NJ. (Resolution Trust Corp. to sell real estate holdings in New Jersey, New York area)

New Jersey land and commercial property will be sold by The Resolution Trust Corporation (RTC) during a twin-auction event which will dispose of a total more than $15 million worth of residential and commercial properties in New York and New Jersey.

According to Mark Glannon, auction coordinator at the RTC's Metropolitan New York/New Jersey Sales Center (METCO) in Somerset, New Jersey, two separate auction events were deemed necessary because of the overwhelming response the RTC received to its previous auctions.

The New Jersey auction will be held on Friday, July 17, at The Woodbridge Sheraton Hotel, 515 Route 1 South, Woodbridge, New Jersey. The ...

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