Home for Sale at 2858 MAIN STREET, LAWRENCEVILLE, NJ 08648

2858 Main Street
Lawrenceville, NJ 08648

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Property Details

List Price:	$999,000
Beds:	6
Baths:	4
Status:	Active
SqFt:	3451
Agency:	MJ Lancaster Group LLC

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Description/Comments

Lot Size:	1 acre(s)
Property Type:	Residential
Year Built:	1840
Notes:	Gracious historic "Old Lawrenceville" home nestled on 1.7 parklike acre setting bordering The Lawrenceville School golf course. Built circa 1840, this Gothic Revival house features original marble mantels and woodwork. A majestic home with its broad front porch, set back on the property. Front door opens into a large center hall & foyer. Throughout the house there is a feeling of gracious formality & comfortable living - light & bright with high ceilings and wood flooring throughout. Beautiful full scale bay windows visibly expand the light filled living and family rooms, with a stone patio off the family room. Several non-functioning fireplaces for decorative use. A large eat-in kitchen with adjoining butler's pantry w/wet bar. Back office, powder room and mud room with laundry complete the main floor. Two staircases: a front, grand staircase off the foyer and back staircase off the pantry. The second floor hall foyer opens to four spacious bedrooms and two full baths. The third floor features two bedrooms, a half bath and full walk-up attic providing multiple functions: storage, workout room.... An amazing deep property which is gorgeous with blooming flowers & landscape in the spring, summer & fall. A stone patio on the side yard accessed from the family room & front hall extends the living outdoors in warm weather. The back property is wooded and borders The Lawrenceville School golf course & agricultural farmland. Home is being offer in strictly "as is" condition. Walking distance to the Lawrenceville School, downtown Lawrenceville boasting restaurants, coffee shops, bakery, park and services. Less than a mile from Mercer Meadows Park with its many trails, one being part of the 22-mile Lawrence Hopewell Trail. Convenient to shopping, NYC/Phila trains and major roads.
MlsNumber:	NJME2037980

Listing Provided By:	MJ Lancaster Group LLC, original listing
Name:	MJ Lancaster Group LLC
Phone:	(609) 987-8889 xx118
Office Name:	Keller Williams Real Estate - Princeton
Office Phone:	(609) 987-8889
Agent Name:	Dawn Monsport
Disclaimer:	Copyright Â© 2024 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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.

USHUD.com is a private company not affiliated or associated with or endorsed, authorized, approved, sponsored
or licensed by the US Department of Housing and Urban Development

USHUD.com is an Equal Housing Opportunity

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