4 Beds   2 Baths   2,200 Sq. Ft.   Single-Family
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Capshaw Rd
Forked River, NJ 08731

Overview

This Single-Family Preforeclosure is located at Capshaw Rd, Forked River, NJ 08731. It has 4 Beds, 2 Baths , 2,200 sqft of living space. This property is currently in auction.
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Status: Inactive
Listing ID: 57248943

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Property Information

  • Bedrooms: 4
  • Bathrooms: 2
  • Living Area Size: 2,200
  • Year Built: 1982
  • Source ID: 21420313
  • Day(s) On Site: 228
  • Subdivision: PIONEER SEC/BAMBER LAKES 01 M
  • Property Type: Single Family Dwelling
  • Plaintiff: NORMANDY CAPITAL TRUST
  • Defendant Name: MFM BUILDING AND MECHANICAL LLC
  • Case Number: ch778916
  • Last Sale Amount: $305,000
  • Last Sale Date: 06-07-2005
  • Trustee Name: BRAVERMAN AND LESTER
  • Trustee Address: 374 MAIN ST
  • Trustee City: HACKETTSTOWN
  • Trustee State: NJ
  • Trustee Zip: 07840
  • Trustee Phone: (201) 487-5544
  • Trustee Reference Number: F1661919
  • Deed Category: NFS
  • Mortgage Balance: $67,456

Potential Home Value

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Public Records

  • No. of Stories: 2
  • Exterior Wall Type: FRAME
  • Land Area Sqft: 19,602
  • Year Built: 1982
  • APN: 04032-0000-00011
  • Property Type: Single Family Residence
  • Township: LACEY TWP
  • Front Footage: 100
  • Depth Footage: 200
  • Living Sqft: 2,176
  • Style: COLONIAL
  •  
  • Subdivision: PIONEER SEC/BAMBER LAKES 01 M

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: 03-22-2022
  • Auction Time: 02:00 PM
  • Auction Address: 101 HOOPER AVENUE ROOM 119
  • Auction City: TOMS RIVER

    Loan Information

  • Mortgage Balance: $67,456

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Capshaw Rd
Forked River, NJ 08731

4 Beds   2 Baths   2,200 sq. ft.   Single-Family

 

Status: Inactive Listing ID: 57248943

Property Information

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Public Records

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Property Description

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Listing URL

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