{"id":6717,"date":"2011-11-16T09:58:17","date_gmt":"2011-11-16T13:58:17","guid":{"rendered":"http:\/\/www.propertyshark.com\/Real-Estate-Reports\/?p=6717"},"modified":"2016-11-17T07:42:14","modified_gmt":"2016-11-17T11:42:14","slug":"on-the-auction-block-award-winning-luxury-development-in-atlantic-city-nj","status":"publish","type":"post","link":"https:\/\/www.propertyshark.com\/Real-Estate-Reports\/2011\/11\/16\/on-the-auction-block-award-winning-luxury-development-in-atlantic-city-nj\/","title":{"rendered":"On the Auction Block: Award-Winning Luxury Development in Atlantic City, NJ"},"content":{"rendered":"<div id=\"attachment_6718\" style=\"width: 210px\" class=\"wp-caption alignleft\"><a href=\"http:\/\/www.propertyshark.com\/Real-Estate-Reports\/wp-content\/uploads\/sites\/98\/2011\/11\/atlantic-city-weekly.jpg\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-6718\" class=\"size-full wp-image-6718\" title=\"atlantic-city-weekly\" src=\"http:\/\/www.propertyshark.com\/Real-Estate-Reports\/wp-content\/uploads\/sites\/98\/2011\/11\/atlantic-city-weekly.jpg\" alt=\"600 Carson Avenue Atlantic City, NJ\" width=\"200\" height=\"89\" \/><\/a><p id=\"caption-attachment-6718\" class=\"wp-caption-text\">600 Carson Avenue Atlantic City, NJ | Source: Atlantic City Weekly<\/p><\/div>\n<p>Just a couple of years ago, the Snug Harbor waterfront development was hailed as a dramatic example of Atlantic City&#8217;s renaissance. It even earned the architecture firm and development builder a <a href=\"http:\/\/casinoconnectionac.com\/issue\/july_2008\/article\/open_house___aquella_luxury_homes\" target=\"_blank\">CNBC International Property Award<\/a>. But now, the luxury development, with an address at <a href=\"https:\/\/www.propertyshark.com\/mason\/Property\/31746585\/600-Carson-Ave-Atlantic-City-NJ-08401\/\" target=\"_blank\">600 Carson Avenue<\/a>,\u00a0 is scheduled for auction on December 1st, having a lien amount in excess of $20,000,000.<\/p>\n<p>According to Atlantic City Weekly, the project comprised sixteen three-level townhouses \u2014 in four clusters of four units each \u2014 and seven estate homes, overlooking the Water Club at the Borgata, and the Trump Marina Hotel &amp; Casino. Prices were to start at $1.5 million for townhouses, $2.7 to $3.7 million for estate homes.<\/p>\n<p>Interested buyers don&#8217;t have to wait until December 1st though. According to the website <a href=\"http:\/\/www.acauctions.net\/\" target=\"_blank\">AcAuctions.net <\/a>an auction will be scheduled on November 19th for 12 of the development&#8217;s townhouses and 7 estate homes, with asking prices starting at $349,000.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>But now, the luxury development, with an address at 600 Carson Avenue,  is scheduled for auction on December 1st, having a lien amount in excess of $20,000,000.<\/p>\n","protected":false},"author":67,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[388],"tags":[480,19,479],"class_list":["post-6717","post","type-post","status-publish","format-standard","hentry","category-real-estate-broad","tag-atlantic-city-foreclosures","tag-new-jersey-foreclosures","tag-snag-harbor"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - 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