3 Beds   1 Bath   Single-Family
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W Broad St
Gibbstown, NJ 08027

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Status: Inactive
Listing ID: 58023216
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Learn about W Broad St in Gibbstown, NJ

This single-family property is available as a short sale at W Broad St. Based on our analysis of the current market conditions in Gibbstown for W Broad St and comparable listings, the estimated market value is $192,357. The property located at single-family has potential equity of $26,243. If purchased for rental purposes, the monthly rental rate could range between $1,220 and $1,660. For those interested in resale, the estimated profit from selling is $26,243. Factors considered in this calculation include the property location, condition, status, and convenience. Properties like this one located at W Broad St are updated daily along with others in Gibbstown, New Jersey.

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Property Information

  • Price: $170,000
  • Bedrooms: 3
  • Bathrooms: 1
  • Full Baths: 1
  • Basement: Yes
  • Total Square Feet: 1,384
  • Lot Size: 0.17 acres
  • Style: Cape Cod
  • Heating Type: Forced Air
  • Air Conditioning: Central A/C
  • Year Built: 1914
  • Comments: Listing Status: Pending
  • Source ID: NJGL2016588
  • Day(s) On Site: 372
  • Subdivision: None Available
  • Elementary School: BROAD ST
  • Junior High School: NEUHANSEY, NEUHANSEY
  • Senior High School: PAULSBORO H.S.
  • Property Type: Single Family Dwelling

Public Records

  • No. of Stories: 2
  • Exterior Wall Type: METAL
  • Land Area Sqft: 7,501
  • APN: 07-00064-0000-00004
  • Property Type: Single Family Residence
  • Township: GREENWICH TWP
  • Front Footage: 50
  • Depth Footage: 150
  • Garage: DETACHED

Short Sale

The property located at W Broad St in Gibbstown, NJ is listed as a Short Sale

Short sale properties like W Broad St in Gibbstown, New Jersey represent tremendous opportunity to you as a buyer because they are aggressively priced to sell well below or just at fair market value. Existing homeowners are typically distressed and eager to sell for less than what is owed on their mortgages. They are "underwater" and either can no longer afford their mortgage payments or are simply unwilling to continue to make them for various reasons.

First Steps to Buying a Short Sale

Short sales often present opportunities for real estate investors to purchase property at below market prices. A short sale occurs when the mortgage lender on a property agrees to give a release for less than the amount owed on the loan. This usually occurs when the loan on the property becomes delinquent and is headed toward foreclosure. An alert property owner who knows he is facing foreclosure is well advised to keep an open line of communication with his lender. And the lender is well advised to keep an open mind to the consequences of a loan default and the benefits of agreeing to a short sale. When the lender and property owner can agree on a short sale price, the owner can advertise that the property is a short sale and can list it accordingly. Such listings attract a lot of attention and can expedite the sale of the property.


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Rental Value

The estimated rental value for W Broad St located in Gibbstown, NJ is $1,440/month. Comparable homes around W Broad St that are rentals have monthly ranges starting as low as $1,220 per month and as high as $1,660 per month. An owner looking to use this property as an investment could bring a return in the area of $1,220 - $1,660 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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Homes On This Street
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W Broad St
Gibbstown, NJ 08027

3 Beds   1 Bath   Single-Family


Status: Inactive Listing ID: 58023216

Property Information

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Public Records

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Property Description

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