Home for Sale at 505 Norman Road, Williamstown, NJ 08094

505 Norman Road
Williamstown, NJ 08094

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Property Details

List Price:	$424,900
Beds:	4
Baths:	5
Status:	Active
SqFt:	2804
Agency:	Keller Williams Realty Atlantic Shore

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Description/Comments

Lot Size:	3 acre(s)
Property Type:	Residential
Year Built:	2000
Notes:	SELLER HAS ACCEPTED AN OFFER \| HURRY! This home is like an estate with a single family home attached. Yes, you get 2 houses for the price of one. The main house is 2,804 square feet of living space that has 4 bedrooms, 3 full baths, and 2 half baths, plus a full basement that is partially finished, framed with electric and all you have to do is add the finishing touches. If privacy is your preference then here it is, your new home is sitting on 3.39 acres. There is a highly sophisticated alarm system with a ring camera so you can feel safe and protected. It also has a Kohler generator for power outages so you will never go without power. The 2nd home is a ranch with 816 square feet of living space, that has 1 bedroom, 1 bath which could be used as a mother in-law suite and the beauty of this, it's not attached to the main house. So you will enjoy your privacy. Another option for the 1 bedroom ranch home is to use it as a rental which will offset your mortgage payment. This is the best deal in Atlantic County with privacy and more privacy. Your new home also comes with solar panels that will keep your electric bill low as possible. If you have a big family and looking for an affordable estate home that includes a second house with a 1 bedroom 1 bath ranch mother in-law suite/ rental then look no further. This property is one of a kind and there is nothing like this in this area. The house is PRICED TO SELL! If this sounds like a good fit for your family, then come on down because the PRICE IS RIGHT and schedule your private showing today!
MlsNumber:	585422

Listing Provided By:	Keller Williams Realty Atlantic Shore, original listing
Name:	Keller Williams Realty Atlantic Shore
Phone:	(609) 839-7904
Office Name:	KELLER WILLIAMS REALTY ATLANTIC SHORE-Northfi
Office Phone:	(609) 484-9890
Agent Name:	HOWARD WINTERS
Disclaimer:	Copyright Â© 2024 South Jersey Shore Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

HUD Foreclosures

HUD foreclosures and VA Foreclosures are some of the best homes to buy when price is part of the equation. As with most Americans, price is always a concern. If not buying the same house for less, why not buy more house for the same dollar invested? When looking for a good deal it is hard to do better than the VA or HUD foreclosures market. The simple truth is that there are just more VA and HUD homes on the market, as they represent such a large number of mortgages that are generated each year. This translates into more foreclosures just by the magnitude of difference between all others comparing to the two largest.

The two largest also being government owned and operated means that they have less time to wait to make money back on the home. The FHA is especially known for selling HUD homes for less than the average sales price in a given area. FHA foreclosures represent a fraction of HUD but they are still a significant number of homes and both should be considered.

VA (Veterans Administration) and HUD (Housing and Urban Development) have different and unique opportunities for the buyer. Both are often forgiven for the local taxes normally associated with the purchase of a home (this is on a county by county basis). Be sure to ask the local title company or escrow company to look into it for you before closing as this is often missed due to their are not used to dealing with the 2 to 3 percent of the market that VA and HUD foreclosures represent.

Free Foreclosure Listings

USHUD.com is a website that simplifies the process of finding foreclosures and HUD properties. Everyone thinks they are a real estate web surfing pro until they search for foreclosure homes and stumble upon a numerous sites that want to charge a fee to see their listings. With USHUD.com that’s not the case. When searching for HUD properties or a home finding website for foreclosure it is important to know what you are looking for. It is important to use a niche company that specializes in foreclosures like USHUD.com. We have put together 2 tools that have made the real estate search process of our website much easier to navigate. The Homesearch online tool is filled with foreclosure lists and free listings of hud homes for sale. Most of our users start with a broad search with the homesearch online tool to see the most HUD properties and foreclosure lists in your area and narrow their search down with the Homefinder online tool. The homefinder online tool is a custom filter system that we breakdown the area based upon filters such as convention and foreclosure listings. This give you the option to filter out conventional listings and focus on just the foreclosures in the market. We thank you for making us Americas top home finding website for foreclosure and Hud properties. Free listings of hud homes for sale are hard to come by but should always be free and that’s the way things are going to stay on our website.

Foreclosure Listings Increasing

As the market settled after the mortgage meltdown foreclosure listings also settled and fewer homes were on the market with a placard reading “Bank Foreclosure” in big red lettering. This was a good thing for the entire real estate market. Having an abundance of foreclosures brings the entire market down and it makes it harder for home owners, who would like to move, to get the appropriate price for their home as a similar home down the same street was sold for substantially less and the appraiser is using the foreclosure as a comparable sale.

This is just one of the problems when there are too many foreclosure listings in any area. Another issue is the television set that sits in everyone’s living room harping about the price of homes based on the number of foreclosures and this constant barrage of negative information makes most people sit on the sidelines waiting for the market to either implode completely or to correct itself. Meanwhile while they wait, others are buying foreclosure listings and making great investments.

Whatever the reason, a market can only handle so many foreclosure listings at any given time. The more foreclosures, the lower the market gets and this is a lesson the banks that were foreclosing and selling off realized too late. The market and their investments would have been better off if there had not been a rush to divest themselves of the toxic assets made more toxic by their own actions.

USHUD.com is a private company not affiliated or associated with or endorsed, authorized, approved, sponsored
or licensed by the US Department of Housing and Urban Development

USHUD.com is an Equal Housing Opportunity

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