Lender Owned /foreclosed "Upscale" homes in NJ - Blog

Lender Owned /foreclosed "Upscale" homes in NJ While the majority of foreclosed or lender-owned properties in NJ are under $500,000, you might be surprised to learn there are many higher-end homes as well. Here are a few examples of homes currently on the market, and a few that have sold - all foreclosed. Great opportunities for well-qualified buyers, especially those with cash. Have a specific area of interest? Give me a call, and I'll get you customized information. ACTIVE LENDER-OWNED/FORECLOSED UPSCALE HOMES: Summit, NJ - listed for $2,375,000 this colonial built in 2005 is a great value - 8 bedrooms, 7 full baths, huge hi-end kitchen - the works. Originally listed early this year for $2,990,000. Hohokus, NJ - listed for $959,000 this spacious townhouse has 3 bedrooms, all with their own en-suite, cherry kitchen that opens to den and 2-car garage. Originally listed earlier this year for $1,095,000. Raritan Two, NJ - listed for $565,000, 4 bedroom, 3.1 baths colonial on 1 1/2 acres Totowa, NJ -listed for $595,000 (original list price $619,000) 4 bedrooms, 2.1 baths RECENT SALES of LENDER-OWNED/FORECLOSED UPSCALE HOMES: Millburn, NJ - Custom expanded cape in Deerfield section, asking price $649,000 (originally listed for $725,000,) sold for $636,000 South Orange, NJ - spacious townhouse with 3 bedrooms, 3.1 baths, listed for $790,000, sold for $580,000. Tewksbury, NJ - Updated historic home with 4 bedrooms, 3.2 baths on over 3 acres, original list price $819,900, sold for $727,000. Union Twp, NJ - New construction (2010) colonial, 4 bedrooms, 5.1 baths on 5 acres - original list price $829,999, sold for $760,000 Oakland Boro, NJ - Built in 1990, this 5 bedroom, 4 bath home on over 2 acres was originally listed for $1,349,000 and sold for $950,000 Posted by Sharon Gill @ 11:17 AM on 09/07/2011 Tags: foreclosed properties, homes over $500,000, buying a foreclosed property, New Jersey foreclosed properties, are there foreclosed properties over one million summit nj foreclosures, millburn nj foreclosures nj foreclosures

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