$405,838 EMV

2,958 Sq. Ft.
Get the Preforeclosure Address

Park Ln
Wayne, NJ 07470

Overview

This Preforeclosure is located at Park Ln, Wayne, NJ 07470. It has , 2,958 sqft of living space. This property is currently in pre-foreclosure with an estimated market value of $405,838.
Save money on this property now.

Status: Active
Listing ID: 59901611
Interested in this property?
View More Photos
Create a Free Account

Learn about Park Ln in Wayne, NJ

This property is available as a preforeclosure at Park Ln. Based on our analysis of the current market conditions in Wayne for Park Ln and comparable listings, the estimated market value is $405,838. If purchased for rental purposes, the monthly rental rate could range between $2,320 and $2,560. Factors considered in this calculation include the property location, condition, status, and convenience. Properties like this one located at Park Ln are updated daily along with others in Wayne, New Jersey. Since this property is a preforeclosure, check out our Foreclosure Timeline for Park Ln below to see helpful information about this listing.


Foreclosure Timeline

Park Ln in Wayne New Jersey Property History

Not in Foreclosure

Pre-Foreclosure

Auction

Bank Owned

Find out more about this property on Park Ln
View Foreclosure Status
Rental Chart
View Rental and Market Value
for Park Ln in Wayne New Jersey
View Market Value

Property Information

Public Records

Preforeclosure

The property located at Park Ln in Wayne, NJ is listed as a Preforeclosure

The process of preforelcosure with properties like Park Ln in Wayne, 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.

Read more...

Legal Information

Credit Information Center

County Information

Document Center

Rental Value

The estimated rental value for Park Ln located in Wayne, NJ is $2,440/month. Comparable homes around Park Ln that are rentals have monthly ranges starting as low as $2,320 per month and as high as $2,560 per month. An owner looking to use this property as an investment could bring a return in the area of $2,320 - $2,560 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.

Listing History

Start Date End Date Listing Type Bank Name
12/17/20 12/17/22 Tax Lien
12/05/12 12/05/14 Tax Lien

Similar Homes Nearby Wayne, NJ


MORTGAGE CALCULATOR

Calculate monthly mortgage payments with our easy mortgage loan calculator.

Homes On This Street
View more homes on Park Ln
foreclosure.com

Park Ln
Wayne, NJ 07470

2,958 sq. ft.

$405,838 EMV

Status: Active Listing ID: 59901611

Property Information

Sign in to see detailed property information.

Public Records

Sign in to see detailed property information.

Property Description

Sign in to see detailed property information.

Listing URL

https://static.foreclosure.com/listing/address.html?address=Park-Ln-Wayne-NJ-07470/59901611_lid

Get NEW Foreclosure Listings sent to your inbox

Millions of people receive foreclosure alerts daily, don't miss out.

Privacy Policy   |   Terms and Conditions of Service   |   © Foreclosure.com / ForeclosureFreeSearch, Inc 1999-2023. All Rights Reserved.