$196,000 EMV

1,596 Sq. Ft.
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Hitchner Ave
Bridgeton, NJ 08302

Overview

This Preforeclosure is located at Hitchner Ave, Bridgeton, NJ 08302. It has , 1,596 sqft of living space. This property is currently in pre-foreclosure with an estimated market value of $196,000.
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Status: Active
Listing ID: 58754309
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Learn about Hitchner Ave in Bridgeton, NJ

This property is available as a preforeclosure at Hitchner Ave. Based on our analysis of the current market conditions in Bridgeton for Hitchner Ave and comparable listings, the estimated market value is $196,000. If purchased for rental purposes, the monthly rental rate could range between $1,160 and $1,560. Factors considered in this calculation include the property location, condition, status, and convenience. Properties like this one located at Hitchner Ave are updated daily along with others in Bridgeton, New Jersey. Since this property is a preforeclosure, check out our Foreclosure Timeline for Hitchner Ave below to see helpful information about this listing.


Foreclosure Timeline

Hitchner Ave in Bridgeton New Jersey Property History

Not in Foreclosure

Pre-Foreclosure

Auction

Bank Owned

Find out more about this property on Hitchner Ave
View Foreclosure Status
10/24/19
Lis Pendens issued
The owner of this property was served a notice of lis pendens for missed mortgage payments.
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for Hitchner Ave in Bridgeton New Jersey
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Preforeclosure

The property located at Hitchner Ave in Bridgeton, NJ is listed as a Preforeclosure

The process of preforelcosure with properties like Hitchner Ave in Bridgeton, New Jersey begin when a lender first notifies a borrower that his or her loan payments are behind. If a borrower has no other means to bring the payments up to date, he or she is far better served to sell the property as soon as possible before it falls into foreclosure.

First Steps to Buying a Preforeclosure

Preforeclosure status means the owner of the property has defaulted on his mortgage obligation and the lender is taking steps to foreclose on the loan and take possession of the property. This situation places the property owner and the lender in a disadvantaged position. But it may not be too late for the property owner to work things out with his lender.  At the same time the lender may be interested in allowing a short sale (sale of the property for less than the amount owed) just to avoid the costly process of foreclosure on the loan, and then the expense of marketing the property. That leaves open the opportunity for a real estate investor to come in and solve the problem for both parties.

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Rental Value

The estimated rental value for Hitchner Ave located in Bridgeton, NJ is $1,408/month. Comparable homes around Hitchner Ave that are rentals have monthly ranges starting as low as $1,160 per month and as high as $1,560 per month. An owner looking to use this property as an investment could bring a return in the area of $1,160 - $1,560 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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Hitchner Ave
Bridgeton, NJ 08302

1,596 sq. ft.

$196,000 EMV

Status: Active Listing ID: 58754309

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=Hitchner-Ave-Bridgeton-NJ-08302/58754309_lid

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