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154 Hillside Avenue
Berkeley Heights, NJ 07922
$1,550,000
Conventional
Property
Bedroom
5
Bathroom
4
Property Type
Conventional
Square ft
4236
Property Description
Nestled in the tranquil heart of Berkeley Heights, New Jersey, the exquisite colonial-style home at 154 Hillside Avenue epitomizes elegance and refined living. This masterpiece, crafted with meticulous attention by Heritage Manor Homes, marries traditional aesthetics with the demands of modern living. As you approach the property, the grandeur of a two-story foyer welcomes you, bathed in abundant natural light, setting a tone of warmth and invitation. The allure of the foyer is complemented by the sophisticated charm of the formal dining room on the left, adorned with decorative moldings, and the formal living room on the right, establishing an atmosphere of refined hospitality. The journey through the home reveals an open concept kitchen, dining area, and an expansive family room at its heart. This space redefines family living, blending functionality with style. The kitchen boasts cream white cabinets with inset doors, granite countertops, a wrap-around Butler Pantry, and a walk-in Pantry Closet, epitomizing culinary luxury. It is equipped with a professional-style range, two-drawer dishwasher, and an island featuring a built-in microwave oven. The seamless transition into the dining area and family room, centered around a cozy gas-burning fireplace, makes it an inviting space for gatherings and everyday moments. Sliders open up to a backyard paver patio, enhancing the indoor-outdoor living experience. The first floor also houses an office/guest bedroom, providing versatility and convenience with a full bath across the hall. The narrative of sophistication continues to the second floor, where all five bedrooms reside, including the opulent master suite. The suite is a sanctuary of comfort, with his-and-hers walk-in closets, a lavish master bath featuring double sinks, a large shower stall, a corner whirlpool tub, a vaulted ceiling with skylight, and radiant heated floors. The additional bedrooms are thoughtfully laid out, with a Jack and Jill bathroom shared between bedrooms 2 and 3, and another bathroom located off the side hallway shared between bedrooms 4 and 5, ensuring privacy and ease of access Practicality is woven into the luxury with a second-floor laundry room and access to a walk-up attic, presenting endless possibilities for additional living space, be it a game room or playroom. The expansive basement also beckons with potential for transformation into a recreational haven or additional family living area. Adding to the home's practicality, there is an oversized 2-car garage leading into a large mud room, offering ample storage and a transitional space for daily comings and goings. This addition enhances the functionality of the home, making it even more accommodating for family life and entertaining. The property's outdoor space is a private retreat, framed by a stunning boulder retaining wall, offering a canvas for outdoor entertaining or serene relaxation. Located in Berkeley Heights, a community renowned for its A-Rated school system, the home enjoys proximity to vibrant downtown areas, effortless commuter access to NYC via rail and bus, and is conveniently situated near major highways and airports. This home is not just a residence but a lifestyle, offering a perfect blend of community, comfort, and luxury.
Property Information
Lot Size
-- square ft
Property Type
Residential
Year Built
2016
MLS Number
22406724
Location
Address
154 Hillside Avenue
City
Berkeley Heights
State
NJ
Zip Code
07922
County
UNION (WEST)
Listing
Provider
Rimos International Inc DBA Re/Max Central, original listing
Name
Rimos International Inc DBA Re/Max Central
Phone
(732) 972-1000
Office Name
RE/MAX Central
Office Phone
(732) 972-1000
Agent Name
Matthew Tully

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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.