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67-a Long Beach Boulevard
Long Beach Twp, NJ 08008
$3,999,900
Conventional
Property
Bedroom
5
Bathroom
6
Property Type
Conventional
Square ft
--
Property Description
Stunning new oceanblock home built by Mancini Custom Homes, on a private track in Loveladies! This spectacular 3,240 sf home includes two living rooms, 5 bedrooms, 5.5 baths, 3-stop elevator, two car garage, ground floor cabana room and inground, 33' x15' heated salt water pool! Outdoor living is a priority on this 13,125 sf fenced lot, with mature trees on two sides to provide beauty and privacy. Over 1095 sf of decking on three levels, with ocean views. Special touches include gorgeous coastal finishes, contemporary trim and wainscoting, engineered wide-plank hardwood floors, quartz countertops, fully tiled showers with hand sprays and modern hardware throughout. The first floor family room welcomes you with a covered deck and wet bar, including a convenient beverage fridge and icemaker Three spacious junior suites, a laundry room, and a fourth bedroom with a "jack & jill" bath complete this level. On the top floor you are greeted by vaulted ceilings, stacked windows, and two sets of sliding glass doors that bring light and space to the open floor plan. The huge front deck is half-covered, providing a shared space for both shade- and sun-lovers. The living room is centered by a gas fireplace with custom mantel and granite surround. Cooks will appreciate the six-burner 36" Wolf range and fully paneled appliance package, including a SubZero side-by-side 48" refrigerator/freezer, two dishwashers, wine cooler, icemaker, and a microwave drawer. There is a large custom-shelved pantry for additional storage, center island seating for six, and a powder room. The well-appointed primary suite features a large walk-in closet, free-standing tub with handspray, two 48" vanities, soaking tub, and an over-sized shower with bench, rain head and handspray. This primary suite also includes your own private deck, where sipping morning coffee in the sunshine will become a favorite pastime. This beautiful beach retreat provides the best of both worlds. Enjoy private beach access just steps away, or poolside relaxation with access to the convenient cabana room. Add your own outdoor custom kitchen to take full advantage of the abundant backyard space. Enjoy one of life's simple pleasures as you view amazing morning sunrises and beautiful evening sunsets from the spacious roof top deck. Short drive to Long Beach Island Art Foundation, Robbie's Loveladies Marina, restaurants, shopping and more! Taxes reflect preconstruction assessment and owner is a NJ real estate broker.
Property Information
Lot Size
-- square ft
Property Type
Residential
Year Built
2024
MLS Number
22411827
Location
Address
67-a Long Beach Boulevard
City
Long Beach Twp
State
NJ
Zip Code
08008
County
OCEAN (SOUTH)
Listing
Provider
Mancini Realty Co. Inc., original listing
Name
Mancini Realty Co. Inc.
Phone
(609) 492-2256
Office Name
Mancini Realty Co. Inc.
Office Phone
(609) 492-2256
Agent Name
Joseph Mancini

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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.