Get the Preforeclosure Address

Avenue At Port Imperial, #1214
West New York, NJ 07093

*Rental Value Coming Soon

Overview

This Preforeclosure is located at Avenue At Port Imperial, #1214, West New York, NJ 07093. This property is currently in pre-foreclosure .
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Status: Active
Listing ID: 63497727
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Learn about Avenue At Port Imperial, #1214 in West New York, NJ

This property is available as a preforeclosure at Avenue At Port Imperial, #1214. Our team of real estate experts has conducted a thorough analysis of the current market conditions in West New York, specifically for Avenue At Port Imperial, #1214 and comparable listings. Based on this expert analysis, the estimated market value is still being calculated. If purchased for rental purposes, this property might present an opportunity to make monthly rental income. The rental value will be updated on this listing soon. Factors considered in this calculation include the property location, condition, status, and convenience, all assessed by our experienced professionals. Properties like this one on Avenue At Port Imperial, #1214 are updated daily along with others in West New York, New Jersey, ensuring you have the most current and accurate information. Since this property is a preforeclosure, be sure to check out our Foreclosure Timeline for Avenue At Port Imperial, #1214 below to see detailed and helpful information about what stage of the foreclosure process this listing is in.


Foreclosure Timeline

Avenue At Port Imperial, #1214 in West New York New Jersey Property History

Not in Foreclosure

Pre-Foreclosure

Auction

Bank Owned

Find out more about this property on Avenue At Port Imperial, #1214
View Preforeclosure Status
05/02/25
Lis Pendens issued
The owner of this property was served a notice of lis pendens for missed mortgage payments.

What is the city of West New York, NJ like?

West New York, NJ, is a vibrant urban community located along the Hudson River, just across from Manhattan. The township is known for its diverse population, rich culture, and stunning views of the New York City skyline. With an array of parks, recreational areas, and convenient access to public transportation, West New York offers a lively, neighborly atmosphere.

The area boasts excellent amenities, with a variety of grocery stores, restaurants, and local shops all within walking distance. Residents can enjoy beautiful waterfront parks along the Hudson River that provide not only scenic views but also outdoor activities such as jogging, biking, and picnicking. Local residents have easy access to quality educational institutions, making it a family-friendly place to live.

Transportation is facilitated by multiple bus routes and near subway access, making commuting to Manhattan quick and convenient. With its proximity to the city, West New York serves as a great location for those working in New York City while allowing residents to enjoy a more spacious living environment.

Nearby Schools

There are 4 schools in the area. Nearby schools include West New York Middle School and Harry W. Smith School.

West New York Middle School
Harry W. Smith School
Memorial High School
John F. Kennedy Elementary School

Nearby Attractions

There are plenty of activities near this property like North Bergen Library, Bilingual Community Center, and more.

North Bergen Library
Bilingual Community Center
Palisades Medical Center

What kind of public transportation is there?


Public transportation options include: NJ Transit bus service to Manhattan, Weehawken Ferry to Midtown Manhattan, Access to PATH train nearby. Other services include ride-sharing services like Uber and Lyft.

Nearby Parks


Parks nearby include Marty M. Duffy Park, Donnelly Park and more.

Marty M. Duffy Park
Donnelly Park
James J. Braddock North Hudson County Park

Cellular & Internet Providers


Services available in the area include cellular and internet options.

Cellular Providers

Verizon
AT&T
T-Mobile
Sprint

Internet Providers

Optimum
Verizon Fios
Xfinity
Rental Chart
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for Avenue At Port Imperial, #1214 in West New York New Jersey
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Property Information

Preforeclosure

The property located at Avenue At Port Imperial, #1214 in West New York, NJ is listed as a Preforeclosure

This listing located at Avenue At Port Imperial, #1214 in West New York, NJ could be available as a Rent-to-Own listing as well, additional diligence will be required from the buyer to determine if this listing can be approved as a RTO.

Please take note that this property in West New York, New Jersey is not listed as a Rent-to-Own (RTO) opportunity. It is currently in an initial default stage in West New York, NJ, commonly referred to as Pre-Foreclosure, indicating that the homeowner has missed at least one payment and is considered delinquent. However, instead of going through a potentially lengthy foreclosure process, which could take up to 18 months, the homeowner may be open to considering a Rent-to-Own option that covers their mortgage.

Since Pre-Foreclosure properties are not formally listed for sale, there is no asking price available. Instead, you’ll find either the original loan balance or an Estimated Market Value (EMV) provided. To make a reasonable offer for this home, it’s advisable to use either the loan balance or EMV amount in conjunction with local sale price comparables to determine an appropriate offer. Alternatively, the homeowner might be willing to work with you on a monthly amount that can help them avoid the foreclosure process.

You may also want to check with a real estate attorney or other legal authority to discuss the potential risks of executing a Rent-to-Own agreement with the current Pre-foreclosure owner. If the current owner in West New York, New Jersey doesn't make their mortgage payments, they could lose the property which would directly affect you and your Rent-to-Own agreement.

For this reason, many buyers find a real estate investor or investment company to buy a Pre-Foreclosure property from the current owner. The investor/investment company could then offer you a Rent-to-Own agreement on that property that you worked out with them in advance, which could stabilize the investment and prevent complications.

This is an important legal concept to understand before moving forward

First Steps to Buying a Preforeclosure

Preforeclosure status means the owner of the property has defaulted on his mortgage obligation and the lender is taking steps to foreclose on the loan and take possession of the property. This situation places the property owner and the lender in a disadvantaged position. But it may not be too late for the property owner to work things out with his lender.  At the same time the lender may be interested in allowing a short sale (sale of the property for less than the amount owed) just to avoid the costly process of foreclosure on the loan, and then the expense of marketing the property. That leaves open the opportunity for a real estate investor to come in and solve the problem for both parties.

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Loan Information

Legal Information

Credit Information Center

County Information

Document Center

Listing History

Start Date End Date Listing Type Bank Name
05/02/25   Preforeclosure Pro Cap 8 FBO Firstrust Bank

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Avenue At Port Imperial, #1214
West New York, NJ 07093

 

Status: Active Listing ID: 63497727

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Listing URL

https://www.foreclosure.com/listing/address.html?address=Avenue-At-Port-Imperial,-1214-West-New-York-NJ-07093/63497727_lid

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