$185,000

3 Beds   2 Baths   1,538 Sq. Ft.
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Hiawatha Rd
Hi Nella, NJ 08083

Potential Profit

$45,805

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Status: Inactive
Listing ID: 58985460

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Property Information

  • Price: $185,000
  • Bedrooms: 3
  • Bathrooms: 2
  • Living Area Size: 1,538
  • Total Rooms: 6
  • Parking: Driveway (1 space)
  • HOA Fees: $0
  • Year Built: 1924
  • Additional Information: Eligible Bidders: All Bidders, 203K Eligible: Yes
  • Source ID: 351-468729
  • Day(s) On Site: 70
  • Input Date: 11-25-2022
  • Financing Type: FHA Insured Escrow

Public Records

  • No. of Stories: 1
  • Exterior Wall Type: FRAME
  • Land Area Sqft: 8,190
  • APN: 00008-0000-00002
  • Property Type: Single Family Residence
  • Township: HI-NELLA BORO
  • Front Footage: 65
  • Depth Footage: 126

HUD Home

Purchase this incredible HUD home with a low down payment! U.S. Department of Housing and Urban Development (HUD) is a federal agency that insures mortgages to homeowners through its Federal Housing Administration (FHA). Therefore, when banks foreclose on HUD-guaranteed mortgages, the government agency acquires the properties and often offers them for sale at super low prices to the public. HUD houses are among the very best deals in real estate today and, accordingly, don't last long on the market. Act fast!

First Steps to Buying a Foreclosure

Foreclosures often mean the original homeowner had some sort of setback that caused him to allow his lender to take the property. Rarely does a lender want to retain possession of real estate, so it will be motivated to move it off the books as quickly as possible. A fast turnover is what the lender is looking for, so a big part of the marketing plan might include pricing for a quick sale. In order to take advantage of foreclosed properties there are some basic steps to be followed:

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Rental Value

The estimated rental value for Hiawatha Rd located in Hi Nella, NJ is $1,370/month. Comparable homes around Hiawatha Rd that are rentals have monthly ranges starting as low as $1,160 per month and as high as $1,580 per month. An owner looking to use this property as an investment could bring a return in the area of $1,160 - $1,580 a month based on the many factors which include the properties condition, type, amenities, etc. Sign in to view a full two years of rental information as well as the Average Market Value (AVM) of this property.


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Homes On This Street
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Hiawatha Rd
Hi Nella, NJ 08083

3 Beds   2 Baths   1,538 sq. ft.

$185,000

Status: Inactive Listing ID: 58985460

Property Information

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Public Records

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Property Description

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Listing URL

https://static.foreclosure.com/listing/address.html?address=Hiawatha-Rd-Hi-Nella-NJ-08083/58985460_lid

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