$411,709 EMV

2,352 Sq. Ft.
Get the Preforeclosure Address

W 3rd St
Bayonne, NJ 07002

Overview

This is located at W 3rd St, Bayonne, NJ 07002. 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 , 2,352 sqft of living space.
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Status: Inactive
Listing ID: 58102153

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Rental Chart
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Property Information

  • Living Area Size: 2,352
  • Year Built: 1930
  • Source ID: 21741738
  • Day(s) On Site: 233
  • Plaintiff: VALLEY NATIONAL BANK
  • Defendant Name: GEORGE PEPE JR
  • Case Number: F-003417-22
  • Trustee Name: POWERS KIRN LLC
  • Trustee Address: 728 MARNE HIGHWAY SUITE 200
  • Trustee City: MOORESTOWN
  • Trustee State: NJ
  • Trustee Zip: 08057
  • Trustee Phone: (856) 802-1000
  • Trustee Reference Number: 20049559
  • Deed Category: NFS
  • Mortgage Balance: $144,684
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Public Records

  • No. of Stories: 2
  • Exterior Wall Type: FRAME
  • Land Area Sqft: 2,728
  • Year Built: 1930
  • APN: 01-00366-0000-00022
  • Property Type: Single Family Residence
  • Township: BAYONNE CITY
  • Front Footage: 28
  • Depth Footage: 96
  • Living Sqft: 2,352

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: 02-02-2023
  • Auction Time: 02:00 PM
  • Auction Address: 595 NEWARK AVE JURY ROOM 400
  • Auction City: JERSEY CITY

    Loan Information

  • Mortgage Balance: $144,684

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Rental Value

The estimated rental value for W 3rd St located in Bayonne, NJ is $1,660/month. Comparable homes around W 3rd St that are rentals have monthly ranges starting as low as $1,378 per month and as high as $1,990 per month. An owner looking to use this property as an investment could bring a return in the area of $1,378 - $1,990 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.


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Homes On This Street
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W 3rd St
Bayonne, NJ 07002

2,352 sq. ft.

$411,709 EMV

Status: Inactive Listing ID: 58102153

Property Information

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Public Records

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Property Description

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Listing URL

https://static.foreclosure.com/listing/index.html?&listingid=58102153

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