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324 Eayrestown Rd
Southampton, NJ 08088
$1,399,000
Conventional
Property
Bedroom
4
Bathroom
3
Property Type
Conventional
Square ft
3126
Property Description
Welcome to Hidden Haven Ranch, an exquisite Gentleman's Horse Farm nestled on 26.8 acres total in Southampton Township, New Jersey including a primary 18.05-acre lot and included contiguous buildable 8.75-acre lot (322 Eayrestown.) A private, 2000' long, winding driveway leads to a stunning four-bedroom, 2 1/2 bath custom log cabin home with loft. The ranch features an outdoor arena, three pastures, and a potential 4th pasture. A beautifully crafted 32' wide x 42' long 6-stall metal roof barn awaits, complete with auto waterers, concrete flooring, a wash stall, heated tack room, fly sprayers, full length storage loft, and a slate porch. In addition, the main property boasts an outbuilding for lawn mower and tool storage, as well as a single car A frame log garage (12'x28').The main residence boasts oak flooring on all three levels, three decks with brand new composite decking, a loft that can serve as a fifth bedroom or office, Andersen windows, 2-zoned central air conditioning, propane heat, a tankless hot water heater, ethernet wiring throughout, Sonos speaker system inside and outside, alarm and video camera systems, and custom control 4 controlled LED lighting and doors. A two-car side-entry garage, walk-out lower level with a bluestone patio, propane firepit, slate countertop wet bar, covered enclosed three season room with heating, ceiling fans, and a TV that creates a welcoming atmosphere. The lower level includes a utility room with locking gun storage or valuables closet, a fourth bedroom, and a half bath.The main floor features three bedrooms, two full baths, a cathedral ceiling, a great room with a fireplace (equipped with a heatilator for optimal warmth), and an adjacent loft that can also serve as another spare bedroom. The open floor plan includes soapstone countertops, a kitchen island, stainless steel appliances, a copper double sink, and a separate dining room. Additional highlights include main floor laundry and a second bathroom with a soapstone top vanity, stone flooring, and a stone shower. The supplemental bedrooms offer spacious closets, while the primary bedroom features two closets, a vaulted ceiling, and double doors leading to the front deck. The primary bathroom impresses with a vaulted ceiling, slate floors, slate countertops, a double vanity, a copper soaking tub, and a slate walk-in glass-doored shower with rain head and body sprays.Step outside to a fenced-in rear yard housing a Gunite pool, a beautiful stone waterfall, surrounded by bluestone pavers, and a gas fireplace. A pickleball court is right in your back yard. This is a sportsman's/nature lover's paradise, with abundant wildlife and additional private woods. Welcome to Yellowstone of South Jersey!Don't miss the video link!
Property Information
Lot Size
18 acre(s) square ft
Property Type
Other
Year Built
2010
MLS Number
NJBL2057666
Location
Address
324 EAYRESTOWN RD
City
SOUTHAMPTON
State
NJ
Zip Code
08088
County
BURLINGTON (SOUTHEAST)
Listing
Provider
Berkshire Hathaway HomeServices Fox & Roach, Real, original listing
Name
Berkshire Hathaway HomeServices Fox & Roach, Real
Phone
Office Name
BHHS Fox & Roach Moorestown
Office Phone
(856) 234-0011
Agent Name
Richard Jordan

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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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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.