This bargain is a foreclosed 2 bedroom, 1.5 bathroom interior townhouse in Indian Fields. (Hardyston township shares a Hamburg NJ zip code.) In one of Sussex County's most desirable communities, this Freddie Mac REO is priced to move very, very quickly. I'm very excited to be able to offer this real estate listing at 25 Meadow Pond Road.
On the day it was listed (November 6, 2009), it is - at $188900 - by far the least expensive active home for sale in the Garden State MLS for the section Indian Fields.
Does it need wall prep and interior painting? Sure does.
Does it need new carpeting? Without a doubt. Personally, I'd also replace the vinyl floor in the kitchen.
Are a couple of the thermal windows cracked and in need of replacement? You betcha.
Does the difference between $188900 and $224900 more than compensate for the work that is needed? I certainly think so and strongly suspect that buyers will too!
The electric should be on later today; the cleaning will occur on/by Wednesday, Nov. 11. Showings, however, can already begin. It does have a finished, walkout basement too!
This bank-owned Indian Fields townhouse in Hardyston NJ is certainly what I view as one of Sussex County's current hot homes for sale. With an REO, fast decisions and closings are possible. It is being sold entirely AS-IS and the buyer will have to cover transfer tax, Certificate of Occupancy and winterization costs associated with home inspections. But it is still a great real estate deal!
Copyright © 2009, Irene Kennedy, all rights reserved. This blog post represents Irene's personal musings.
Considering selling a home or looking to buy one around Sussex County NJ? Benefit from creative marketing, top negotiating skills and vast real estate knowledge by contacting Irene via the data to the right.
Irene Kennedy, who is a NJ real estate agent with Weichert, Realtors, lives in Sussex County & works from the Hamburg office. Her primary market includes: Augusta, Branchville, Crystal Springs, Frankford, Franklin, Hamburg, Hampton, Hardyston, Highland Lakes, Lake Mohawk, Newton, Ogdensburg, Scenic Lakes, Sparta, Stockholm, Sussex, Vernon, Wantage.
Irene, kudo's to you for putting it all out there, this is a great deal and you have certainly told the buyer what to expect. I hope you sell this home soon and it has a loving family to take care of it once again by Christmas! And since the tax credit has been extended, well, that could pay for quite a few repairs inside.
Irene, Compared to what I've seen in the mid $300's this home doesn't need very much. Here they would call it move in condition! I've seen a few of those "move right in" homes and am amazed that's on the MLS.
Andrea - I think with foreclosures most buyers (and agents) expect the worst. And this isn't bad at all, so I want to paint an accurate picture of the problems it does have. I suspect your wish for new owners for Christmas may be in the cards.
Carole - The first home I purchased was in much worse shape and I moved right in. Did all the painting myself and then replaced carpet. In the interim, I never walked barefoot on those carpets. In this Indian Fields foreclosure, the carpets aren't really nasty, just stained beyond cleaning. My cleaning crew will spiff the place up a bit and then I'll do more photos.