Well you asked..... Yes you are nuts!
I live very close to Delran. I could go look at it with you, bring ladders, lights etc, Call his bluff, and go see it after the bidding ends! It's not the only boat needing "TLC" and I'm sure you can do much better checking the back yards of Marinas near you. #1 issue; You need an out of the water survey. Storage around this area of the Del river starts around $36 a ft! a quick haul for that size is also going to be very pricey. IF you can find a marina that will even consider it. The bottom is more then dirty, That thing is a mess! Owner lied, it's going to cost thousands to get it to the bay. Just the fuel would be $500 for a boat towing it. I betting you will need permits and more, maybe even a tug boat! Easily, 250- 300K to get it ship shape. Bottom is almost positively rotted or badly blistered. The deck looks like a really bad overlay of gawd knows what. Cheribini Yachts is in Delran and they do high end restorations. I'm guessing that this boat is in the same area, there is also snug harbor, G. winters sailing, and riverside Marineas. I'd call the NJ state police and or the CG to find out if there is any legal issues with the boat and or moving it downriver and across the C&D.
I hope you come to your senses soon!
PS: it is not a joke! when the owner says it has to be gone by end of Oct.
they mean it! the NJ state police enforce the water ways as well as the CG, the CGX and the PA fish and game dept. BTW today is the 19th!