Judge Christopher Lopez declared following a two-day hearing that the Infowars auction did not yield the highest bids.
But he dismissed Jones’s accusations of “collusion” at the sale.
The relatives of the Sandy Hook Elementary School shooting victims, who won a $1.5 billion (£1.18 billion) defamation lawsuit against Jones for spreading false rumors about the killing, supported the effort, according to The Onion.
“A good-faith error” was committed by the court-appointed bankruptcy trustee who conducted the auction, according to Judge Lopez.
“They should have encouraged more bidding between The Onion and a company affiliated with Jones’ supplement-selling businesses instead of hurriedly asking for final offers in the auction,” he added.