$171,306 EMV

2,624 Sq. Ft.   Multi-Family
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New Mashipacong Rd
Montague, NJ 07827


This Multi-Family is located at New Mashipacong Rd, Montague, NJ 07827. This listing is NOT an active listing. Updates to this listing have stopped. This listing may be off the market. No further information is available at this time. It has , 2,624 sqft of living space.
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Status: Inactive
Listing ID: 60304185
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Learn about New Mashipacong Rd in Montague, NJ

This multi-family property is available as a foreclosure at New Mashipacong Rd. Based on our analysis of the current market conditions in Montague for New Mashipacong Rd and comparable listings, the estimated market value is $171,306. If purchased for rental purposes, the monthly rental rate could range between $1,540 and $2,320. Factors considered in this calculation include the property location, condition, status, and convenience. Properties like this one located at New Mashipacong Rd are updated daily along with others in Montague, New Jersey.

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Based on 20% down, 30 year mortgage, with 5% APR

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All calculations are estimates provided for informational purposes. Actual amounts may vary by location. It is important to know that mortgage rates are dependant on credit scores, loan timeline, and a down payment amount.

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Property Information

  • Living Area Size: 2,624
  • Year Built: 1920
  • Source ID: 24050562
  • Day(s) On Site: 191
  • Parcel Number: 14 00007-0000-00083
  • Property Type: Multi Family Dwelling
  • Owner Name: LOAN FUNDER LLC
  • Recording Date: 05-17-2023
  • Document Book: 10247
  • Document Page: 178
  • Document Number: 0102470178

Public Records

  • No. of Stories: 2
  • Exterior Wall Type: FRAME
  • Land Area Sqft: 32,103
  • Year Built: 1920
  • APN: 14-00007-0000-00083
  • Property Type: Single Family Residence
  • Township: MONTAGUE TWP
  • Living Sqft: 2,624


The property located at New Mashipacong Rd in Montague, NJ is listed as a Foreclosure

Properties like New Mashipacong Rd in Montague, New Jersey listed as foreclosures have passed the point of auction or public sale. Because the properties were not sold at auction, the lender is now the owner and is engaged in the process of marketing and selling them to potential buyers through a local real estate agent or auction house in Montague, NJ. The longer lenders own properties like this on New Mashipacong Rd, the more eager they become to sell, often at reduced prices.

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 New Mashipacong Rd located in Montague, NJ is $1,930/month. Comparable homes around New Mashipacong Rd that are rentals have monthly ranges starting as low as $1,540 per month and as high as $2,320 per month. An owner looking to use this property as an investment could bring a return in the area of $1,540 - $2,320 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.

Similar Homes Nearby Montague, NJ

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Homes On This Street
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New Mashipacong Rd
Montague, NJ 07827

2,624 sq. ft.   Multi-Family

$171,306 EMV

Status: Inactive Listing ID: 60304185

Property Information

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Public Records

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Property Description

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