LOPATCONG TOWNSHIP,N J (Warren County) – Max Spann Real Estate & Auction Company, in collaboration with strategic marketing partner A.J. Willner Auctions, revealed the results of the highly-anticipated auction for the iconic redevelopment site located along Route 22 famously known as the local landmark, “Toby’s Cup” in Lopatcong Township.
Acting on behalf of the Superior Court of New Jersey, it was sold on Thursday, Dec.14, 2023, with active online participation from multiple bidders.
The auction culminated with the property being sold for a contract price of $605,000. The winning bidder was EFM Windmill Properties LLC, a statewide franchise also famous for their hot dogs.
Windmill has five different locations in New Jersey to include Belmar, Asbury Park, Red Bank, North Long Branch and West End Long Branch.
“This was the prefect buyer for this famous site,” said Max Spann Jr., President of Max Spann Real Estate & Auction Company. “The local community will be thrilled to have a quality operator located here.”
