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365 Watkins Road
Pennington, NJ 08534
$475,000
Conventional
Property
Bedroom
2
Bathroom
3
Property Type
Conventional
Square ft
1828
Property Description
New on the market, this 2-bedroom, 2.5-bath townhome at the Villages of Twin Pines offers a premium location backing to open space, a long list of recent upgrades and improvements, and a new roof and second-story deck courtesy of the Brandon Farms HOA. On the lower level, wood floors and crown moldings add an understated elegance, while natural light from the wall of windows in the two-story family room flood the space with natural light. Custom plantation shutters on all windows throughout give the rooms a polished look. The kitchen offers an abundance of storage space with an l-shaped area of upper and lower cabinets, a near floor-to-ceiling pantry, and a movable center island fashioned from an Anthropology cart and topped with pre-engineered quartzite. A suite of new stainless steel Jenn Air appliances, including a 30-inch professional gas range with convection oven and Wi-Fi, complete the look. Sliders lead into a fenced courtyard with a patio shaded by the deck, plus a space large enough for dining and grilling. The dining room is set slightly apart with an angled half-wall dividing it from the foyer, from which you can also access the attached and insulated two-car garage (the floor was recently coated with polyurethane), the laundry room, a spacious walk-in closet that hugs the staircase, and a powder room with pedestal sink. A turned staircase leads to the second-floor landing overlooking the family room. A peaked ceiling draws the eye upward in the master suite, which features two spacious walk-in closets, a door leading to the deck, and an ensuite bathroom with Jacuzzi tub, glass-doored shower, twin sinks atop vanities, and a private toilet. The home’s second bedroom has access to a bath in the hallway, from which you can access pull-down stairs to the attic. Among the recent improvements made by the homeowner are the freshly painted interior, a new air conditioning system, a whole-house surge protector, sheetrock on the garage walls, a new eight-blade ceiling fan, recessed lights and light fixtures, and new hardware in the bathrooms. Location wise, the property is convenient to popular commuter routes and train stations with service to NYC and Philadelphia. Princeton, Hopewell and Lambertville are nearby, as are plentiful parks and walking/biking paths. Stoney Brook Elementary School is a short walk.
Property Information
Lot Size
-- square ft
Property Type
Residential
Year Built
1997
MLS Number
NJME2041282
Location
Address
365 WATKINS ROAD
City
PENNINGTON
State
NJ
Zip Code
08534
County
MERCER-TRENTON (NORTH)
Listing
Provider
Weidel Realtors, original listing
Name
Weidel Realtors
Phone
(800) 288-7653 xx239
Office Name
Corcoran Sawyer Smith
Office Phone
(609) 737-1522
Agent Name
Susan Thompson

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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. 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.

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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.