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22 MAISON WAY, TOMS RIVER, NJ

Fannie MaeReal Estate📍TOMS RIVER, NJ

List Price

$304,000

Availability

For sale

Pre-bid checklist3/9

The property

From the seller's description. Not a guarantee of condition.

Market demand: Real Estate in New Jersey sell about 15% of the time, typically 1 bid. Based on 370 completed sales over the last year.

Appraised valueFixed price
$304,000
Fannie Mae lists this HomePath home at an appraised market value, not an auction starting bid.
  • •This is the asking price set from that appraisal, not a below-market auction bid - a fair price for the home, not a guaranteed bargain.
  • •The real edge of a government REO is a clean sale: clear, insurable title with any past-due property taxes settled at closing.
  • •Sold as-is with no seller repairs, so budget an inspection and repairs on top of the price.

The appraisal reflects the home's condition when it was inspected; values change over time. Not an independent valuation or investment advice - always inspect and confirm the numbers before you make an offer.

Title and tax regime in New JerseyClear title
This is a government REO sale, not a tax sale. The two convey title very differently.
  • •This listing: conveys with clear, insurable title. Past-due property taxes are settled at closing by the seller, there is no redemption period, and no former owner can reclaim it.
  • •County tax sales in New Jersey: New Jersey is a tax lien state. The county sells the unpaid tax debt, not the house. You buy a certificate that earns interest, and you only get the property if the owner never repays. The former owner then has 2 years to reclaim the property. Title here usually needs a quiet-title action before it is insurable or resellable. None of that applies to this listing.

We do not estimate what a specific property owes. Lien and back-tax amounts live in county records and only a title search returns the real number, so any figure produced without one is a guess you should not bid against. Compare all 51 state tax-sale regimes. State-level rules, not legal advice.

Seller

Fannie Mae

Condition: REO / sold as-is

Full Description

Fannie Mae HomePath REO property at 22 MAISON WAY, NJ 08757. Single Family, 2 bed, 2 bath, 1,760 sqft, built 1986. Sold as-is by Fannie Mae.

Pickup information

TOMS RIVER, NJ 08757

Fannie Mae

Appraised valueFixed price
$304,000
Fannie Mae lists this HomePath home at an appraised market value, not an auction starting bid.
  • •This is the asking price set from that appraisal, not a below-market auction bid - a fair price for the home, not a guaranteed bargain.
  • •The real edge of a government REO is a clean sale: clear, insurable title with any past-due property taxes settled at closing.
  • •Sold as-is with no seller repairs, so budget an inspection and repairs on top of the price.

The appraisal reflects the home's condition when it was inspected; values change over time. Not an independent valuation or investment advice - always inspect and confirm the numbers before you make an offer.

Title and tax regime in New JerseyClear title
This is a government REO sale, not a tax sale. The two convey title very differently.
  • •This listing: conveys with clear, insurable title. Past-due property taxes are settled at closing by the seller, there is no redemption period, and no former owner can reclaim it.
  • •County tax sales in New Jersey: New Jersey is a tax lien state. The county sells the unpaid tax debt, not the house. You buy a certificate that earns interest, and you only get the property if the owner never repays. The former owner then has 2 years to reclaim the property. Title here usually needs a quiet-title action before it is insurable or resellable. None of that applies to this listing.

We do not estimate what a specific property owes. Lien and back-tax amounts live in county records and only a title search returns the real number, so any figure produced without one is a guess you should not bid against. Compare all 51 state tax-sale regimes. State-level rules, not legal advice.

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