Distressed
Real Estate

WANTED

About Us

White Elephant Real Estate, LLC was created to fill a void in the New Jersey, New York and Pennsylvania marketplace to help sellers quickly dispose of burdensome properties that are often difficult to market and sell. We have many success stories that range from purchasing nonperforming assets from Fortune 500 companies to purchasing condemned buildings and undersized lots from government agencies and private individuals. We have even successfully assisted sellers who own or have inherited properties with environmental contamination and do not want to be responsible for the cleanup. We pride ourselves on a smooth effortless transaction while responsibly repurposing otherwise challenging properties.

What We Buy

Regardless if you have one small property to sell or a portfolio of nonperforming or distressed assets we welcome the opportunity to speak with you.

Typically we focus predominately on the New Jersey, New York and Pennsylvania Markets however are open to discussing opportunities elsewhere as well. Here is a list of what distressed properties we typically purchase:

Properties With Environmental Contamination

Condemned Commercial Buildings

Nonperforming Real Estate Assets
(former gas stations, banks, land with outdated equipment)

Undersized Lots

Odd Sized Lots

Commercial Properties In Residential Zones Which Require Use Variances

Tax Lien Certificates and Assignments

Abandon Properties

Nuisance Properties With Difficult To Find Owners

Unfinished Construction Projects

Refferal Program

If you know of a property that fits the description of what we purchase and we are able to close on it we will gladly pay you a referral fee or a “birddog” for the tip. If you are a public official naturally we are unable to compensate you directly as we conduct all business ethically and responsibly however for any tip you provide we will gladly make a donation on your behalf to the charitable organization of your choice in the town/municipality that the property is located in if we are able to close. If have a tip and you are a professional such as an architect, engineer, tradesperson, attorney, LSRP and so on we will gladly attempt to use your services on any project we close on in conjunction with our own team. Please contact us directly so we may discuss the details of your referral in greater detail.