H
ilco Real Estate Sales announces a bid deadline of September 30, 2025, for the bankruptcy sale of a legacy-caliber portfolio in northern New Jersey. The portfolio spans multiple locations, including Harrison, Kearny, Barnegat, and Boonton, offering a range of investment opportunities.
A key property within the portfolio is the Harrison Town Square Redevelopment Area, a fully entitled 9.34± acre site at 1000 Frank E. Rodgers Boulevard. This prime location lies between the Harrison PATH Station and the new 25,000-seat Sports Illustrated Arena, making it an attractive redevelopment opportunity. The approved plans for Harrison Town Square envision ±1,500 residential units, ±500,000 SF of Class A office space, ±149,000 SF of retail and entertainment space, a 200-key hotel, and ±4,163 structured parking spaces.
The portfolio also includes several diversified industrial assets in Harrison and Kearny, New Jersey. These properties offer in-place income, repositioning potential, and long-term redevelopment upside. Notable assets include the Goodwill Building at 400 Supor Avenue, a four-story office building on 1.4± acres; the Panasonic Building at 600 Guyon Drive, a 48,500± SF industrial asset built in 2013; and a 91-unit multifamily development site at 1–15 Railroad Avenue.
The Breiderhoft Studios at 12 Breiderhoft Road is an unusual property with a 50,000± SF shallow-bay industrial facility currently configured as a film and television studio. With New Jersey's rising demand for film and TV production, the site may benefit from tax credits, sales tax exemptions, and grants.
"This portfolio presents an unmatched opportunity to acquire scale in one of the most competitive industrial markets in the country," said Jamie Coté, vice president at Hilco Real Estate Sales. "With a mix of stabilized income, ready-to-build parcels, and fully entitled projects, investors can hit the ground running on multiple fronts."
The sale is subject to approval by the U.S. Bankruptcy Court, District of New Jersey, Petition No. 24-13427-slm |In re: Super Properties Enterprises LLC. Bids must be received no later than September 30, 2025, at 5:00 p.m. (ET), using the Asset Purchase Agreement available on Hilco Real Estate Sale's website.
Hilco Real Estate Sales is a trusted full-service team that has secured billions in value for hundreds of clients over 20+ years. They advise and execute strategies to assist clients seeking to optimize their real estate assets, improve cash flow, maximize asset value, and minimize liabilities and portfolio risk.
