This Single-Family Tax Lien is located at Washington Ave, Pompton Lakes, NJ 07442. It has , 850 sqft of living space. This property is Tax Lien with an estimated market value of $225,250.
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Tax Liens are issued when a property owner fails to pay real estate taxes in a timely manner and a taxing authority, such as a city, county, or state, declares the taxes in default.
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There is a highly organized market for real estate tax liens and many sophisticated investors buy them. Tax liens can offer higher returns than many other types of interest-bearing investments and represent an opportunity for very little cash. The market for tax lien properties is competitive and the taxing authorities have specific rules to be followed. A wise investor will research each property to make certain his investment is secure.
The estimated rental value for Washington Ave located in Pompton Lakes, NJ is $1,710/month. Comparable homes around Washington Ave that are rentals have monthly ranges starting as low as $1,370 per month and as high as $2,050 per month. An owner looking to use this property as an investment could bring a return in the area of $1,370 - $2,050 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.
|Start Date||End Date||Listing Type||Bank Name|
|07/05/13||07/09/13||Preforeclosure||FIRST SECOND MORTGAGE COMPA...|
|01/07/13||01/29/13||Preforeclosure||1ST 2ND MORTGAGE CO. OF NJ,...|
|06/11/12||01/29/13||Preforeclosure||FIRST SECOND MORTGAGE COMPANY|
|06/01/12||01/20/13||Preforeclosure||1st 2nd Mtg Co|
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