THIS IS NOT AN ACTIVE DISTRESSED LISTING.
Overview
This is located at Wales Ave, River Edge, NJ 07661. 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 , 4,223 sqft of living space.
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This property is available as a foreclosure at Wales Ave. Based on our analysis of the current market conditions in River Edge for Wales Ave 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 Wales Ave are updated daily along with others in River Edge, New Jersey.
The property located at Wales Ave in River Edge, NJ is listed as a Foreclosure
Properties like Wales Ave in River Edge, 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 River Edge, NJ. The longer lenders own properties like this on Wales Ave, the more eager they become to sell, often at reduced prices.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:
Steps as you search for your foreclosure property:
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