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Petersburg Rd
Dennis, NJ 08214

*Rental Value Coming Soon


This is located at Petersburg Rd, Dennis, NJ 08214. 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.
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Status: Inactive
Listing ID: 58259934
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Learn about Petersburg Rd in Dennis, NJ

This property is available as a preforeclosure at Petersburg Rd. Based on our analysis of the current market conditions in Dennis for Petersburg Rd and comparable listings, the estimated market value is still being calculated. If purchased for rental purposes, this property might present an opportunity to make monthly rental income. The rental value will be updated on this listing soon. Factors considered in this calculation include the property location, condition, status, and convenience. Properties like this one located at Petersburg Rd are updated daily along with others in Dennis, New Jersey.

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Property Information

  • Day(s) On Site: 327
  • Plaintiff: US Bank, Trustee
  • Owner Name: Kenneth Jr. & Tracey Phillips
  • Recording Date: 07-13-2022
  • Attorney Name: Friedman Vartolo LLP
  • Deed Category: NOD
  • Docket Number: F-6936-22


The property located at Petersburg Rd in Dennis, NJ is listed as a Preforeclosure

The process of preforelcosure with properties like Petersburg Rd in Dennis, 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.


Loan Information

  • 1st Mortgage Date: 2008
  • 1st Mortgage Amount: $253,125

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Listing History

Start Date End Date Listing Type Bank Name
12/24/09 10/20/10 Preforeclosure Wells Fargo Bank, NA

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Petersburg Rd
Dennis, NJ 08214


Status: Inactive Listing ID: 58259934

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