114-year-old New Jersey theme park prepares to be auctioned off
Clementon Amusement Park & Splash World was founded in 1907 and closed in 2019
{{#rendered}} {{/rendered}}A 114-year-old theme park in Clementon, New Jersey, is about to go on the auction block.
On Friday, interested buyers visited the closed Clementon Amusement Park & Splash World -- about 30 minutes outside Philadelphia -- to check out the park and its inventory ahead of its public auction Tuesday, according to recent reports.
NJ.com reported that the park has almost 400 items on its inventory, including a 40-person arc swing, a 360-degree loop ride, a ferris wheel and a train system complete with cooled propane engine, rail system and three 18-foot long cars.
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Capital Recovery Group (CRG) first announced that it was putting the park up for auction in February.
Clementon Amusement Park & Splash World in Clementon, New Jersey, will be auctioned off on Tuesday. (Capital Recovery Group, LLC)
According to that announcement, the 22-acre theme park "will be auctioned in its entirety or will be sold as land, equipment, rides, buildings and liquor license in pieces."
{{#rendered}} {{/rendered}}"We are actively seeking a buyer for this iconic park located outside of Philadelphia and expect significant interest in the auction," CRG President Bill Firestone said in February. "The property includes a 25-acre lake, dam, amusement rides, a water park and a full liquor license."
According to the CRG website, the property is being promoted as a "turnkey or redevelopment opportunity."
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CRG Vice President Gary Katz told NJ.com there has been plenty of interest in the park.
"We’ve had a lot of interest in the rides and smaller items," Katz told the website. "There have been people who talk about reopening it up and others for development opportunities. I’ve taken a tremendous amount of calls, so we’ll wait and see."
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Clementon Park was founded in 1907 and added the water park in later years. The amusement park closed in September 2019.
According to NJ.com, Clementon Park was assessed at $4.25 million in 2019.