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275 Cooper Street
Woodbury, NJ 08096
$879,900
Conventional
Property
Bedroom
6
Bathroom
6
Property Type
Conventional
Square ft
5454
Property Description
This gorgeous colonial stone home, built in 1903 in the historic district of Woodbury, is an exceptional property boasting over 5000 square feet of living space! With its 6 bedrooms, 4 full bathrooms, and 2 half bathrooms, it offers ample room for a large family or guests. The pride of ownership is evident throughout, with exquisite architectural details and a rich sense of preserved history. As you approach the home, you'll be greeted by a stunning front entrance featuring a wrap-around porch, elegant architectural columns, and beautifully landscaped mature gardens. Step inside, and you'll be welcomed by a grand entrance family room adorned with a marble wood burning fireplace, striking archways, and crown molding. The first floor also includes a living room with a window seat and two sets of french doors that lead you to a screened-in side porch, providing lovely views of the side yard. Other notable features on this level include a dining room, a half bathroom, and a well-appointed kitchen with a butler's pantry, a center island, tile flooring, a tile backsplash, an electric cooktop, and a wall oven. Moving to the second level, you'll find two bedrooms, two full bathrooms, a kitchen, a sitting room and a TV room. The second-floor eat-in kitchen is a highlight, showcasing 42-inch off-white cabinetry with decorative molding, granite countertops, stainless steel appliances, including an electric range, and a tile backsplash. The third level of the home offers four additional bedrooms, two full bathrooms, and a walk-in closet, with an additional walk-in cedar closet. Throughout the property, you'll discover architectural arches, original doors and hardware, wall sconces, recessed lighting, built-ins, and unique historical adornments. The exterior of the home is just as captivating as its interior. A fenced-in area features an in-ground gunite pool, surrounded by beautifully manicured gardens. Additionally, the property includes a detached four-car garage with a small unfinished living space above it that can be accessed through the rear side, complete with rough plumbing for a future bathroom. For those working professionals, the first floor is zoned as professional overlay. (buyers should confirm with the township for their specific needs). This home currently has oil heat but, has gas in the home and heat can easily be converted to gas. Woodbury is close to shopping, restaurants, coffee shops, bakeries, libraries, parks and recreation, and only 20-30 minutes to Philadelphia and Delaware!! This home presents an incredible opportunity to own a piece of Woodbury's history. With its exceptional architectural features, stunning grounds, and spacious interior, this home truly embodies the charm and elegance of a bygone era.
Property Information
Lot Size
-- square ft
Property Type
Other
Year Built
1903
MLS Number
NJGL2042388
Location
Address
275 COOPER STREET
City
WOODBURY
State
NJ
Zip Code
08096
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.