Remarketing

N.J.County Auction Generates $180K

November 17, 2015

Screencapture of www.auctionlistservices.com
Screencapture of www.auctionlistservices.com

A recent Monmouth County (N.J.) surplus auction generated $180,736 for the sale of 259 items, including 89 vehicles.

This brings the combined total of the county’s online surplus property auctions to $2,961,759. It began conducting its surplus property auctions completely online in 2008.

Surplus property from the county’s Fleet Services, Sheriff’s Office, Buildings and Grounds, Reclamation Center, Park System, and seized and surplus property from the Prosecutor’s Office was sold to the highest bidders.

The auctions are coordinated by the Division of Fleet Services with assistance provided by the Purchasing Division.

“By continuing to conduct the surplus and seized property auctions online, the county eliminates the need to pay overtime for security and item pick-up,” said Freeholder Director Gary Rich Sr., liaison to the Purchasing Division. “The online auction has made this process a revenue stream.”

The auction was conducted Oct. 17 through Oct. 20 by Auction Liquidation Services. A complete list of the items included in the auction was available online with pictures and descriptions, as well as terms of sale and other relevant information.

Related: N.J. County Online Auction Nets $94K

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