Concierge Auctions Sells Colonial Estate in Princeton, New Jersey at a Live, On-Site Auction

PRINCETON, N.J., Feb. 21, 2011 /PRNewswire/ -- Concierge Auctions is pleased to announce that 17 Hibben Road, a Colonial Tudor-style estate located within walking distance of Princeton University and a 60-minute train ride into New York City, sold at a live, on-site auction. The luxury auction was conducted in cooperation with listing agent Judson Henderson of Henderson Sotheby's International Realty. The buyer was represented by Valerie Simone of Coldwell Banker.

"The Concierge Auctions process appealed to this seller, in that he simply wanted to move on to other opportunities," stated Henderson. "Our combined efforts alongside Concierge resulted in over 100 parties coming through the property in 30 days - a great accomplishment, particularly in a suburban market like Princeton. I am thankful to the Concierge Auctions team for all of their efforts."

Concierge Auctions' global outreach produced 127 buyer prospects, more than 100 property showings and 7 bidders. The five-week marketing campaign generated a total of 1,897 visits to the auction website from 46 US states (led by NJ, NY, PA, TX and CA) and 32 international countries (led by Canada, United Kingdom, India, Australia and Russia).

"It was a true pleasure partnering with Jud and his team at Henderson Sotheby's International Realty. They are experts in the Princeton market and consummate professionals," stated George Graham, CEO of Concierge Auctions. "Innovative agents like Jud understand how to use our platform as an added marketing tool for listing clients with premier properties who have a desire or need to generate a market-driven sale within a certain period of time."

Designed in the grand Tudor-style in 1927 by Princeton's renowned architect Rolf Bauhan, 17 Hibben Road blends gracefully into the historic fabric of the town. The estate features five bedrooms, seven and a half bathrooms and elegant interior details throughout with masterful renovations that innovatively meld it into the 21st century. Four fireplaces, a library with built-in bookshelves, garden study, circular conservatory and a gourmet chef's kitchen beautify the interior space, while a pool, exquisitely-manicured grounds and a beautiful brick-walled terrace round out the outdoor space. A stone-inlayed walkway makes way to a detached studio/guest house that boasts a large game or party room, walk-in sauna, exercise room and kitchenette.

Princeton is world-renowned as the home of Princeton University. The picturesque campus – one of eight universities of the Ivy League – features architecturally significant buildings and spires that form the streetscape of historic Nassau Street, a notable area filled with shops and restaurants that is walking distance from the property.

Concierge Auctions is currently accepting applications from luxury sellers nationwide with premier, storied properties. The company's innovative auction platform offers a 60-day disposition solution from engagement to closing. For more information about Concierge Auctions and its services please call 888-966-4759 or visit www.ConciergeAuctions.com.

About Concierge Auctions: Concierge Auctions is the preeminent luxury real estate auction firm serving high-end sellers nationwide through an accelerated marketing process that obtains fair market value for high-end properties in a 60-day timeframe. As a preferred auction partner to Sotheby's International Realty® and other luxury brokerage firms nationwide, the company has executed auctions from New York to Hawaii and hosts a database that includes more than 100,000 luxury real estate buyers and agents from all 50 states and 38 countries and territories.  The principals of Concierge Auctions have been involved in the transfer of more than $2 billion in luxury real estate sales over the past 10 years.  For more information, call 888-966-4759 or visit www.ConciergeAuctions.com.

SOURCE Concierge Auctions