South Jersey Country Farmhouse Foreclosure Near the Delaware Bay Under $50,000

South Jersey foreclosure

25 Hall St, Newport, NJ 08345

$45,706

NJ foreclosure

Here’s a circa 1891, 3-bedroom, 1.5-bath South Jersey foreclosure near the water. Newport is a charming country hamlet along the Delaware Bay. The fixer upper farmhouse needs plenty of work, but check out the town on Google Maps. It feels like home. Plus you get a third of an acre.

As per the realtor. “PRICE REDUCED! Spacious 3 story farm house in country setting. Formal dining room and spacious open eat in kitchen. Detached garage with upstairs loft for storage. Conveniently located close to fishing marinas. HUD Home. Sold “AS IS” by elec. bid only. Prop avail 1-25-17. Bids due Daily by 11:59 PM Central Time until sold. FHA Case #351-559059. Uninsured. For Prop conditions, Forms, Discl & Avail please visit HUDHomestore com. For additional forms, updates, step-by-step videos & free photo list, please visit BLBResources com. BLB Resources makes no warranty as to condition of property. Buyer to verify all info. See attached document MLS addendum. LBP. Disclosures: Property is NOT located in a FEMA Special Flood Hazard Area but is located in close proximity to a Special Flood Hazard Area. Please refer to FloodSmart gov for additional information regarding flood zones and insurance, State law requires Smoke/ Carbon Monoxide detectors be installed for properties having combustible fuel heaters/furnaces,fireplaces, hot water heaters, clothes dryers, cooking appliances, or an attached garage, but seller (HUD) is exempt from this requirement as a Federal Entity, Estimated remaining economic life is below 30 years, Repairs exceed $10,000. Repairs may include but not limited to structure, electrical, roof, HVAC, and plumbing; Inspection recommended, Defective paint surfaces. , Install handrails, Replace flooring and repair damaged interior walls. , Foundation inspection recommended. Any required repairs will be the buyer’s expense, Electrical system needs repair. , Has sump pump. Commission: Listing Broker 3% of purchase price, Selling Broker up to 3% of purchase price, Misc.: UI-Eligible for 203K Financing.”

See full listing here for South Jersey foreclosure.

I am not a realtor. If interested in this property, contact Stephanie Verderose with Exit Homestead Realty Professionals.