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119 W Jacksonville
Villas, NJ 08252
Ryan O'Keefe with HOMESTEAD REAL ESTATE CO. INC., original listing - (609) 884-1888
$599,999
Conventional
Property
Bedroom
2
Bathroom
Full: 2
Property Type
Conventional
Square ft
774 Square Feet
Property Description
Escape to the tranquility of the Bayside in The Villas at 119 W Jacksonville Avenue! This charming home offers the perfect combination of serene bay views and a relaxed, coastal lifestyle. Nestled just moments from the water, this property allows you to enjoy the peaceful rhythm of the tides, stunning sunsets, and all the natural beauty that comes with living by the bay. Whether you’re seeking a full-time home or a weekend getaway, this property provides the ideal setting to unwind and make memories. Stepping on to the front deck, you’ll notice that this home was fully renovated by the previous Seller in 2022/23. Just four houses from the water, this property offers stunning water views from the living room's corner windows and the front porch. The elegant white interior, with vinyl floors and vaulted ceilings, creates a bright and airy atmosphere throughout. The open floor plan seamlessly connects the living room, dining area, and galley kitchen, making it the perfect space for entertaining family and friends. At the front of the home, you'll find the spacious master suite featuring a sleek glass-panel walk-in shower. The second bedroom, located at the back of the house, is conveniently located across from the hall bathroom, which includes a luxurious soaker tub & shower with black hardware and a marble vanity top. Both bedrooms are equipped with ample closet space. The kitchen boasts a stylish two-tone design, complete with stainless steel appliances, quartz countertops, a tile backsplash, and a stainless-steel under-mount sink with a garbage disposal. Off the kitchen, the enclosed porch has been transformed into a versatile bonus room. This space includes a laundry closet with a new LG front loading washer and dryer, tankless water heater, and can easily accommodate a pull-out sofa, a breakfast nook, or your home office. A detached single-car garage offers additional storage or a workshop area, and the rear of the property is fully fenced, making it ideal for pets or children to play safely. An outdoor shower pad was added to the driveway side of the property. Direct access to the bay means you can easily enjoy kayaking, paddle boarding, or fishing right outside your door. The 2022/23 renovations included a new roof, board and batten white siding, new windows throughout, new insulation, and an upgraded electric, plumbing, and HVAC system. The large front deck features maintenance-free Azek deck boards and vinyl rails; the perfect spot to enjoy morning coffee, evening cocktails, or a cozy meal with friends, all while watching the stunning sunsets. Outside in the yard you’ll find a fire pit area, a hammock swing and picnic table. This property has a proven history as a successful vacation rental for both the 2023 and 2024 rental season, making it a great investment. 119 W Jacksonville is a short drive from local shops, restaurants, and the beaches of Cape May, offering the best of both worlds: quiet bay living with easy access to all the action. Whether you’re relaxing by the water, enjoying a day on the bay, or exploring the local attractions, this home offers an unparalleled Bayside experience. Don’t miss your chance to make this beautiful property your own. Schedule a tour today and see what makes this home in The Villas so special!
Property Information
Lot Size
0 sqft square ft
Property Type
Residential-Single Family Residence
Year Built
1949
MLS Number
--
Location
Address
119 W Jacksonville
City
Villas
State
NJ
Zip Code
08252
County
CAPE MAY
Listing
Name
Phone
(609) 602-7672
Office Name
Office Phone
(609) 884-1888
Agent Name
Ryan O'Keefe
Agency Phone
(609) 884-1888

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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.