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101 8th Avenue
Roebling, NJ 08554
$359,900
Conventional
Property
Bedroom
4
Bathroom
3
Property Type
Conventional
Square ft
1797
Property Description
Truly unique semi-detached home with 9 foot ceilings and a back/side yard that has the advantage of a Township owned field behind. This historical home was one of the original Roebling built homes, and is only one of three homes that had this unique and private, semi-detached design. The home was constructed and then moved from the Landmark Circle location on 5th and Main Streets, to its present location on corner of 8th and Main Streets. Final assembly was placed upon the newly constructed foundation, making it a 9 foot high ceiling basement. The entry into this brick home from 8th Ave, welcomes you with an open front porch and a small entry foyer. The ornate woodwork of the steps is so eye-capturing as you enter through the foyer, and the parlor or living room offers a brick fireplace, presently usable with an electric insert. The dining room is generously sized and the flooring throughout this home is the original wood flooring. Only kitchen and baths have tiled floors, while basement has laminate floor installed. The kitchen has been updated over the years and has an abundance of cabinets with plenty of room for storage of your kitchen needs. There is gas cooking and double wall oven and full package of appliances that are included with this home. Kitchen allows access to the basement and side door entryway. There is an additional half bath on the main floor so no need to climb steps if you have guests. As you move to the second floor, there are 3 bedrooms and a full bath, and then the third floor offers a large open room for additional bedroom space and SO many closets. There is a walk in closet/storage space and a small room/closet behind the wooden doors-don't miss those features. Basement can be used as a great family room, and has a full bathroom with shower. This home captures the charm of yesteryear with the beautiful wood flooring and woodwork and also incorporates the convenience of modern day living. This 4 bedroom, 2.5 bathroom townhouse makes this home both spacious and convenient for any number of occupants. The gas heater and electric panel is approximately ONE year old! Being a corner location allows parking on both 8th Ave and Main Streets. Additional parking in road center on Main Street allows for more parking for all of your vehicles. Previous owners had received permission to add a driveway, but never followed through, so another possibility. Located just one block from the Township owned Roebling Park that offers Summer Concerts in the Park, a paved walking path to promenade along the River, and the wonderful registered Roebling Museum which boasts the pride and history of this quaint little town. River Line Train Station and public bus routes all within walking distance! Local post office, convenience store, grocery store, bakery, churches and small pub are also in walking distance away. You will also get the benefit of the transferable solar panels lease for additional savings. Solar agreement in Docs. More pics coming soon.
Property Information
Lot Size
-- square ft
Property Type
Residential
Year Built
1910
MLS Number
NJBL2062722
Location
Address
101 8TH AVENUE
City
ROEBLING
State
NJ
Zip Code
08554
County
BURLINGTON (NORTH)
Listing
Provider
Re/Max at Home, original listing
Name
Re/Max at Home
Phone
(609) 784-8021
Office Name
RE/MAX at Home
Office Phone
(609) 784-8021
Agent Name
Cathy Hutchison

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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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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.