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109 New Sweden Road
Woolwich Twp, NJ 08085
$569,900
Conventional
Property
Bedroom
4
Bathroom
3
Property Type
Conventional
Square ft
2262
Property Description
This beautifully maintained 4 bed, 2.5 bath home in Woolwich Township offers acomfortable and stylish living space with a NEW roof (2024) and NEW windows (2020)! The home is surrounded by mature landscaping, providing a sense of privacy. Upon entering the home, you willfind a formal living room located off the foyer. The kitchen and family rooms are open toone another, creating a seamless flow throughout the main level. The kitchen featuressoft close solid maple cabinetry with multiple pull-out drawers and copper hardware,travertine backsplash, and quartz countertops. There are two pantries, a breakfast area,and GE Profile stainless steel appliances. There is also a formal dining room. The familyroom boasts neutral carpeting and a gas fireplace with a mantle and stone accent wall.From the family room, there is a door leading to the custom lighted 26' x 14' deckoverlooking the spacious manicured backyard.. The first floor also includes a beautifullyupdated half bathroom with wainscoating and a laundry room with subway tile andenclosed cabinetry. Moving to the second level, you will find the owner suite featuringvaulted ceilings, a walk-in closet with built-in drawers along with neutral carpeting,creating a serene retreat. The spa-like ensuite bath includes a 72' dual vanity with whitemarble top, wall sconces, a double-slipper soaking tub, and a walk-in tiled shower withthree water options: rainfall, wall mount spray head and hand-held wand all enclosedwith seamless glass shower doors. There are three additional spacious bedrooms and afull bath.The lighted backyard walking path is accented with reclaimed bricks and has a patioarea perfect for grilling. An outdoor irrigation system is located in the front and backyards. The Stoltzfus Amish-built shed in the backyard provides additional storage.There is also a whole-house water filtration system and ring security system.Woolwich Township is conveniently located near major commuting routes such as route295, route 322, and the New Jersey Turnpike, making it easy to access Philadelphiaand Delaware. Only 20 minutes to the Philadelphia Airport.
Property Information
Lot Size
-- square ft
Property Type
Other
Year Built
2000
MLS Number
NJGL2041662
Location
Address
109 NEW SWEDEN ROAD
City
WOOLWICH TWP
State
NJ
Zip Code
08085
County
GLOUCESTER (NORTH)
Listing
Provider
Berkshire Hathaway HomeServices Fox & Roach, Real, original listing
Name
Berkshire Hathaway HomeServices Fox & Roach, Real
Phone
Office Name
BHHS Fox & Roach Mullica Hill
Office Phone
(856) 343-6000
Agent Name
Joanna Papadaniil

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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.