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1002 S Park Avenue
Haddon Heights, NJ 08035
$875,000
Conventional
Property
Bedroom
4
Bathroom
3
Property Type
Conventional
Square ft
3556
Property Description
Welcome to this exceptional and impressive 3-Story Colonial Home with multiple additions overlooking the beautiful and scenic 'Haddon Heights Park' and just a short stroll to the thriving Downtown Station Avenue! This stunning home is situated right in the central and most desirable neighborhood of historic Haddon Heights, offering a perfect blend of elegance, comfort, and convenience. Step inside to discover a welcoming living room featuring a classic brick wood-burning fireplace, complemented by a sunroom/library/office, creating an ideal space for relaxation, or reading with 2 sets of French doors. A spacious and expanded formal dining room with a custom built wet-bar with copper sink and built in liquor cabinet, setting the stage for memorable gatherings with family and friends. The heart of the home is the gourmet kitchen, boasting sleek stainless-steel appliances and a charming breakfast room, perfect for morning coffee or casual meals while enjoying the view of the private rear yard thru the Bay Window. Adjacent to the kitchen is a cozy family room, highlighted by a vaulted ceiling, double picture window with Atrium window above to add lots of natural light, built-in storage cabinets and a door leading to the expansive rear deck, overlooking an unbelievable professionally landscaped backyard oasis. The main floor is completed by a convenient powder room, a separate laundry room, and a spacious mudroom, providing ample storage and organization space. Upstairs, the luxurious primary suite awaits, featuring its own private, updated bathroom featuring Carrara White Marble shower stall with glass door enclosure as well as Cherrywood Linen Cabinet, vanity, and mirrored medicine cabinet. Two additional well-appointed bedrooms and a full tiled bathroom with jetted Whirlpool Tub and Kohler Fixtures to offer comfort and privacy for family and guests. The 3rd Floor has been transformed into a versatile 4th bedroom with a sitting room, lots of built-in shelving providing additional living or workspace. The full basement is partially finished and offers two storage areas and a utility room, catering to all your storage and functional needs. Outside, escape to your own private oasis in the expansive fenced backyard, featuring a large deck partially covered with an awning, a custom paver patio surrounding the custom-built gazebo/bar area, built-in gas grill, natural gas line, creating the perfect setting for outdoor entertaining and relaxation. 2-car detached garage with steps to loft area for storage. Outdoor lighting on timers, fenced in rear yard, Slate Roof over main house and garage 30 years with (50-year warranty), lower roofs 6-7 years. Newer 2-zone HVAC Systems, newly rebricked chimney with liner and capped, newly blacktopped driveway, underground sprinkler system and security system. This home comes with a whole house Generator as a bonus! With its prime location, luxurious features, and meticulous attention to detail, this Haddon Heights gem offers a unique opportunity to own a truly exceptional home. Don't miss out on the chance to make this beautiful property your forever home.
Property Information
Lot Size
-- square ft
Property Type
Residential
Year Built
1930
MLS Number
NJCD2065438
Location
Address
1002 S PARK AVENUE
City
HADDON HEIGHTS
State
NJ
Zip Code
08035
County
CAMDEN (NORTHEAST)
Listing
Provider
Berkshire Hathaway HomeServices Fox & Roach, Real, original listing
Name
Berkshire Hathaway HomeServices Fox & Roach, Real
Phone
Office Name
BHHS Fox & Roach Haddonfield
Office Phone
(856) 428-2600
Agent Name
Kathy McDonald

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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.