PLAINFIELD, NJ-Sheldon Good & Co. will conduct a one-dayreal estate auction for six Connolly Properties-owned multifamilybuildings here that have been entered into Chapter 11 bankruptcyproceedings.

The buildings will be sold separately and absolute, regardlessof price, subject to US Bankruptcy Court approval, says JeffreyHubbard, senior managing director for Sheldon Good. Suggestedopening bids for the properties range from $350,000 to $2.5million.

Three of the six properties are located adjacent to one anotheron East Front Street. They include: Watchung Garden Crossing, a mixof 102 garden apartments at 802-837 E. Front St.; NetherwoodVillage, a 107-unit garden-style apartment at 825-855 E. Front St.;and Green Brook Village, a collection of 58 garden-style rentalhomes in four brick residential buildings located at 733-747 E.Front St.