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Newark Ave
Scotch Plains, NJ 07076

Status: Inactive
Listing ID: 57234664

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Property Information

  • Source ID: CH-21002481
  • Day(s) On Site: 142
  • Plaintiff: NEWREZ LLC D/B/A SHELLPOINT MORTGAGE SERVICING
  • Defendant Name: CRAIG T. CURRIE; UNITED STATES OF AMERICA; JAMES HOESLEY; JEFFERSON INVESTMENTS GROUP, LLC; JOHN H. HURWITH; BRUCE TEITELBAUM; CHAMPION WHOLESALE, INC.; JOSEPH PORTUESE; SCOTT DEAN; HOWARD COLEMAN; MICHAEL SPATZ; DEMARIA CAPITAL, L.L.C.; CHINA GLASS U.S.A.' L.L.C.; SYLVIA BASCH; JOHN DEMUNCK; SEAN FLANNERY; MARISOL CURRIE; CAMBRIDGE FINANCIAL SERVICES, INC.; SEUGHO LEE; COSIMO DEMARIA HIS HEIRS, DEVISEES AND PERSONAL REPRESENTATIVES, AND HIS, THEIR, OR ANY OF THEIR SUCCESSORS IN RIGHT, TITTLE AND INTEREST; ALICE DEMARIA; JOSEPH DEMARIA; RICHARD DEMARIA;
  • Case Number: F02214007
  • Attorney Law Firm: PINCUS LAW GROUP PLLC
  • Deed Category: NFS
  •  

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Public Records

  • No. of Stories: 1
  • Parking: ATTACHED GARAGE
  • Land Area Sqft: 7,971
  • APN: 16-09201-0000-00010
  • Property Type: Single Family Residence
  • Township: SCOTCH PLAINS TWP
  • Garage: ATTACHED
  •  

Preforeclosure

Often, the preforeclosure period is the best time to purchase a property. The process begins 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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Auction Information

  • Auction Date: 02-02-2022
  • Auction Time: 2:00 PM
  • Auction Location: 6th floor Freeholders conference room of the Administration building 10 Elizabethtown Plaza.

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Newark Ave
Scotch Plains, NJ 07076

 

Status: Inactive Listing ID: 57234664

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=Newark-Ave-Scotch-Plains-NJ-07076/57234664_lid

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