6,090 Sq. Ft.   Single-Family
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Mountain Ave
West Orange, NJ 07052

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This Single-Family is located at Mountain Ave, West Orange, NJ 07052. This listing is NOT an active listing. It has , 6,090 sqft of living space. This property is currently in pre-foreclosure
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Status: Inactive
Listing ID: 55101662

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Property Information

  • Living Area Size: 6,090
  • Lot Size: 2.23 acres
  • Year Built: 2004
  • Source ID: 147149789
  • Day(s) On Site: 937
  • Parcel Number: 2200104000000010 05
  • Property Type: Single Family Dwelling
  • Plaintiff: Toorak Capital
  • Defendant Name: ESSEXHOME 57W0
  • Recording Date: 02-21-2020
  • Trustee Name: POLSINELLI LLC
  • Deed Category: LP
  • Document Number: F-003082-20

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Public Records

  • Land Area Sqft: 97,138
  • APN: 22-00104-0000-00010-0005
  • Property Type: Single Family Residence
  • Township: WEST ORANGE TWP


Often, the preforeclosure period is the best time to purchase a property. The process begins 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: 03-27-2019

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West Orange, NJ
Home Inspectors
Immaculate Home Inspections
Thomas P. Dabb

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Homes On This Street
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Mountain Ave
West Orange, NJ 07052

6,090 sq. ft.   Single-Family


Status: Inactive Listing ID: 55101662

Property Information

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Public Records

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Property Description

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