Home for Sale at 593 Prospect Avenue, Little Silver, NJ 07739

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593 Prospect Avenue
Little Silver, NJ 07739

Eric Bosniak with Coldwell Banker Realty, original listing - (732) 671-1000

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Property Details

List Price:	$849,000
Beds:	3
Baths:	Full: 2
Status:	Active
SqFt:	1902 Square Feet
Agency:	Coldwell Banker Realty
Agency Phone:	(732) 671-1000

Map Details Show Map | Show StreetView

Description/Comments

Lot Size:	0 acre(s)
Property Type:	Residential-Single Family Residence
Year Built:	1971
Notes:	Welcome to 593 Prospect Avenue in Little Silver. Just steps to center of town 593 is beautifully nestled in and set back off the street. You'll cross over the lovely stream by bridge as you enter into the private alcove surrounded by trees and streams which is where you'll find this lovely 3 bedroom (possible 4th) 2 bath 1 car garage bi-level home. Absorbing tons of natural sunlight you'll fall in love with the open floor plan with updated kitchen offering center island, quartz counters, stainless LG appliances, tile back splash all one with the dining room/family room inclusive of hardwood floors, recessed lighting, 2 slider doors out to 2nd story deck and so much more. On this same level you have 3 bedrooms and 1 full bath. Head down to the lower level and you'll find a big den/family room with a non-working wood burning fireplace, potentially a 4th bedroom (room has a murphy bed) with a full updated bathroom, laundry, mud room or small office and a 1 car garage. Plenty of off street parking and a backyard fit to entertain all of your friends and family! Little Silver offers a top rated school system and provides Jersey Shore living at its finest be it close to the best NJ beaches such as Sea Bright, Long Branch, Asbury Park, or dine at some of the finest restaurants around. Culture, music, night life offered in nearby towns such as Red Bank and Asbury Park. Close to commuter highways, NJ Transit lines or the Seastreak ferry into Manhattan. This area of NJ truly has it all. Make your appointment today to come and see this fantastic home. You'll fall in love. We promise.
MlsNumber:	--
ListingId:	22430294

Listing Provided By:	Coldwell Banker Realty, original listing
Phone:	(732) 671-1000
Office Phone:	(732) 671-1000
Agent Name:	Eric Bosniak
Disclaimer:	Copyright © 2024 Monmouth Ocean Regional Realtors and Monmouth Ocean 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.

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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.

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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.

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