VERNON, NJ-The Hidden Valley Ski Resort here will be up for auction on Oct. 1, auction house Auction Advisors reports.
Hidden Valley, one of three remaining ski resorts in New Jersey, is owned by HV Family Club LLC, Hidden Valley Resort Partners LLC, NJ Recreation Holdings LLC, HV Hospitality LLC and HV Real Estate Holdings LLC. The auction will include the resort's 140 acres, 25,000 square feet of buildings, 14 ski trails and the resort's liquor license, according to The Record.
Oren Klein, the auctioneer and managing partner at Auction Advisors, said, "With some extra capital, someone could improve the lake area and have a new source of income. Year-round recreational facilities in the Northeast have been able to do so by offering summer activities. The infrastructure is there to do the same." See story in The Record.
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