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155 112th
Stone Harbor, NJ 08247
Stephan Frame with DILLER FISHER REALTORS, original listing - (609) 368-3311
$7,995,000
Conventional
Property
Bedroom
6
Bathroom
Full: 6, ½: 2
Property Type
Conventional
Square ft
3447 Square Feet
Property Description
OPEN HOUSE SATURDAY FEBRUARY 15TH 1-3PM! Special Financing Available through our Trusted Mortgage Partner: rate as low as 4.875% *rate subject to change based on current market conditions. Presenting a rare opportunity to own an extraordinary home on the highly sought after 112th Street Beach Block in Stone Harbor. Designed by the renowned Harbaugh Custom Homes, this exceptional property offers the ultimate in luxury coastal living. Set on a 63 x 110-foot lot, this custom upside down home features 3,447 square feet of interior living space, complemented by over 2,000 square feet of outdoor areas. With six spacious bedrooms, each with an en suite bathroom, plus two powder rooms, this home ensures comfort and privacy. Entering through a grand 8 foot mahogany door, you're greeted by an elegant foyer with a designer chandelier. The first floor includes four bedroom suites, a children’s bunk room, a family room, and a private backyard oasis with a covered seating area, red brick gas fireplace, oversized pool with hot tub, and a cabana with a wet bar and storage. Adjacent to the cabana is a single car garage. The second floor features a dramatic two story great room with 16 foot ceilings, reclaimed wood beams, and a gourmet kitchen with high-end appliances, custom cabinetry, and a large center island. The living room includes a gas fireplace with a reclaimed wood mantle and quartz hearth. The owner’s suite offers a luxurious bath, a 5’ x 8’ shower, and access to a private rear deck. A junior suite with its own bath, a powder room, and several outdoor spaces complete the second floor. The crown jewel is the private rooftop deck, accessible via a third-floor pilot house, offering stunning views of Stone Harbor and the Atlantic Ocean. The home’s exterior showcases cedar shake siding, standing seam metal roof accents, mahogany decking, and a stainless-steel cable railing system. Every detail of this coastal masterpiece is designed for a luxurious and effortless lifestyle. Contact us today to schedule a private viewing of this remarkable home on the desirable 112th Street Beach Block in Stone Harbor.
Property Information
Lot Size
0 sqft square ft
Property Type
Residential-Single Family Residence
Year Built
2024
MLS Number
--
Location
Address
155 112th
City
Stone Harbor
State
NJ
Zip Code
08247
County
CAPE MAY
Listing
Provider
DILLER FISHER REALTORS, original listing
Name
Phone
(609) 780-2578
Office Name
Office Phone
(609) 368-3311
Agent Name
Stephan Frame
Agency Phone
(609) 368-3311

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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.

Free Foreclosure Listings

USHUD.com is a website that simplifies the process of finding foreclosures and HUD properties. Everyone thinks they are a real estate web surfing pro until they search for foreclosure homes and stumble upon a numerous sites that want to charge a fee to see their listings. With USHUD.com that’s not the case. When searching for HUD properties or a home finding website for foreclosure it is important to know what you are looking for. It is important to use a niche company that specializes in foreclosures like USHUD.com. We have put together 2 tools that have made the real estate search process of our website much easier to navigate. The Homesearch online tool is filled with foreclosure lists and free listings of hud homes for sale. Most of our users start with a broad search with the homesearch online tool to see the most HUD properties and foreclosure lists in your area and narrow their search down with the Homefinder online tool. The homefinder online tool is a custom filter system that we breakdown the area based upon filters such as convention and foreclosure listings. This give you the option to filter out conventional listings and focus on just the foreclosures in the market. We thank you for making us Americas top home finding website for foreclosure and Hud properties. Free listings of hud homes for sale are hard to come by but should always be free and that’s the way things are going to stay on our website.

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.