Commercial
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Bergen Ave
Jersey City, NJ 07305

*Rental Value Coming Soon

Overview

This Commercial is located at Bergen Ave, Jersey City, NJ 07305. 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
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Status: Inactive
Listing ID: 56806208

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Property Information

  • Living Area Size: 0
  • Lot Size: 0.08 acres
  • Year Built: 1924
  • Source ID: 198924816
  • Day(s) On Site: 348
  • Parcel Number: 06 22404-0000-00018
  • Property Type: Commercial
  • Plaintiff: City Of Jersey City
  • Defendant Name: JERSEY CITY COMMUNITY HOUSING CORPORATION
  • Recording Date: 10-20-2021
  • Trustee Name: GMS LAW
  • Trustee Reference Number: 20045653
  • Deed Category: NFS
  • Document Number: F01745319
  •  

Public Records

  • Exterior Wall Type: BRICK
  • Land Area Sqft: 3,628
  • Year Built: 1924
  • APN: 06-01784-0000-00001-000C
  • Property Type: Apartment
  • Township: JERSEY CITY
  • Front Footage: 36
  • Depth Footage: 100

Preforeclosure

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.

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Auction Information

  • Auction Date: 11-18-2021
  • Auction Time: 2:00 PM
  • Auction Address: 567 Pavonia Ave, 1st Fl
  • Auction City: Jersey City

    Loan Information

  • 1st Mortgage Date: 05-09-2010

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Jersey City, NJ
Home Inspectors
Inspex Building Inspections
John H Moss
201-433-8777
Optimal Home Inspections LLC
Marshal Datkowitz
5512611264
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Bergen Ave
Jersey City, NJ 07305

Commercial

Active 

Status: Inactive Listing ID: 56806208

Property Information

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Public Records

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Property Description

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Listing URL

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