Home for Sale at 47 ENLOW PLACE, PENNSVILLE, NJ 08070

Refine Search

47 Enlow Place
Pennsville, NJ 08070

Vincent Grova with Pino Agency, original listing - (856) 678-4663

« Prev

Property Details

List Price:	$479,000
Beds:	3
Baths:	Full: 2
Status:	Active
SqFt:	1974 Square Feet
Agency:	Pino Agency
Agency Phone:	(856) 678-4663

Map Details Show Map | Show StreetView

Description/Comments

Lot Size:	0 sqft
Property Type:	Residential-Single Family Residence
Year Built:	1985
Notes:	LOCATION LOCATION LOCATION!!! It's all about the water views! 47 Enlow Pl offers a once in a lifetime opportunity to purchase over 180 ft of water front property in the charming town of Pennsville. This stunning custom built full brick rancher with nearly 2,000 sq ft of well designed living space has been METICULOUSY cared for by its original owner. Properties like this don't come around often. Walking up you will surely be impressed by its grandeur. The oversized front porch is ideal for relaxing on country rockers. As you enter the double doors, you will immediately be greeted with the grand views of the River and beautiful hardwood floors. To the right of the foyer is a oversized living room which seamlessly joins the large dining room. The kitchen is directly off the dining room and offers breathtaking river views!! The cozy family room has large sliding doors leading to the outdoor patio and also features a cozy fireplace. There are 2 secondary bedrooms ample in size and plenty of closet space. The master is complete with a large walk-in closet and a master en-suite bath. There are additional amazing views from the master bedroom. The property features an attached 2 car garage, a second detached 2 car garage and third single car garage totaling a total of 5 garages!! The unobstructed views of the river, Delaware and the bridge are truly remarkable. Don't miss the chance to own this exceptional waterfront home that blends comfort, style, and a prime location. Schedule your private tour today!
MlsNumber:	--
ListingId:	NJSA2013108

Listing Provided By:	Pino Agency, original listing
Phone:	(856) 678-4663
Office Phone:	(856) 678-4663
Agent Name:	Vincent Grova
Disclaimer:	Copyright © 2024 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Local Real Estate Expert

Kelly Reitano

Fox and Roach

Call Today!: (856) 275-9062

Contact Me

USHUD.com on the Go!

Foreclosure Mobile App

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.

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.

HudExchange.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

HudExchange.com is an Equal Housing Opportunity

- Pat. 7,813,958 - Pat. 7,958,007 - Pat. 8,046,258 - Pat. 8,073,737 - Pat. 8,190,476 - Pat. 8,195,514
- Pat. 8,306,856 - Pat. 8,412,576 - Pat. 8,510,165 - Pat. 8,825,527 -