$461,753 EMV

1,554 Sq. Ft.
Get the Preforeclosure Address

Sowers Dr
Hackettstown, NJ 07840

Overview

This Preforeclosure is located at Sowers Dr, Hackettstown, NJ 07840. It has , 1,554 sqft of living space. This property is currently in auction with an estimated market value of $461,753.
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Status: Active
Listing ID: 62247335
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Learn about Sowers Dr in Hackettstown, NJ

This property is available as a preforeclosure at Sowers Dr. With 1,554 square feet of living space, you can enjoy sizable rooms for comfortable living and flexibility in the common areas for family gatherings. Our team of real estate experts has conducted a thorough analysis of the current market conditions in Hackettstown, specifically for Sowers Dr and comparable listings. Based on this expert analysis, the estimated market value is $461,753. If purchased for rental purposes, the monthly rental rate could range between $1,910 and $2,330, providing a solid return on investment. Factors considered in this calculation include the property location, condition, status, and convenience, all assessed by our experienced professionals. Properties like this one on Sowers Dr are updated daily along with others in Hackettstown, 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 Sowers Dr below to see detailed and helpful information about what stage of the foreclosure process this listing is in.


Buy this home for as little as

Plus with taxes and insurance

Based on 20% down, 30 year mortgage, with 6% APR

Principal
Interest
Property Taxes
Homeowners Insurance
Total Monthly Ownership Cost

All calculations are estimates provided for informational purposes. Actual amounts may vary by location. It is important to know that mortgage rates are dependent on credit scores, loan timeline, and a down payment amount.

Foreclosure Timeline

Sowers Dr in Hackettstown New Jersey Property History

Not in Foreclosure

Pre-Foreclosure

Auction

Bank Owned

Find out more about this property on Sowers Dr
View Preforeclosure Status
02/11/25
Lis Pendens issued
The owner of this property was served a notice of lis pendens for missed mortgage payments.

Auction.com Online Auction

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Address: Sowers Dr Hackettstown NJ 07840

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To participate in the event, please visit Auction.com for more information. Whether you're looking for your next investment or a place to live, take your pick of thousands of properties available all over the country. Browse through a broad range of properties, and search by city, state, zip code or property ID.

What is the city of Hackettstown, NJ like?

Hackettstown offers a unique blend of small-town charm and modern amenities. The picturesque streets are lined with historical buildings and vibrant local businesses, creating a welcoming atmosphere for residents and visitors alike. With a strong sense of community, the town hosts numerous events throughout the year that foster connection and local pride.

Education is a priority in Hackettstown, with access to quality public and private schools contributing to its appeal for families. The local school district has a reputation for excellence and provides a range of educational programs. Additionally, nearby institutions of higher learning offer further educational opportunities.

Outdoor enthusiasts will find plenty to enjoy in and around Hackettstown, with several parks and recreational facilities promoting an active lifestyle. Hiking, biking, and fishing are popular activities, with the scenic Musconetcong River nearby and the expansive Hackettstown Recreation Center offering various sports and leisure options.

Connectivity is excellent in Hackettstown, with easy access to major highways and public transportation options. The town's proximity to larger cities like Hackettstown and Phillipsburg expands options for employment and entertainment while retaining its quiet, suburban feel.

Nearby Schools

There are 4 schools in the area. Nearby schools include Hackettstown High School and Hackettstown Middle School.

Hackettstown High School
Hackettstown Middle School
Willow Grove Elementary School
Saint John’s School

Nearby Attractions

There are plenty of activities near this property like Hackettstown Library, Centenary University, and more.

Hackettstown Library
Centenary University
Hackettstown Medical Center
Community Center

What kind of public transportation is there?


Public transportation options include: NJ Transit Train Service connecting Hackettstown to New York City, Local bus services providing access to surrounding areas. Other services include ride-sharing services like Uber and Lyft.

Nearby Parks


Parks nearby include Hackettstown Community Park, Mansfield Township Park and more.

Hackettstown Community Park
Mansfield Township Park
Knowlton Township Park
Allamuchy Mountain State Park

Cellular & Internet Providers


Services available in the area include cellular and internet options.

Cellular Providers

Verizon
AT&T
T-Mobile
Sprint

Internet Providers

Xfinity
Verizon Fios
Optimum
Rental Chart
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for Sowers Dr in Hackettstown New Jersey
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Property Information

Preforeclosure

The property located at Sowers Dr in Hackettstown, NJ is listed as a Preforeclosure

This listing located at Sowers Dr in Hackettstown, 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 Hackettstown, New Jersey is not listed as a Rent-to-Own (RTO) opportunity. It is currently in an initial default stage in Hackettstown, 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 Hackettstown, 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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Rental Value

The estimated rental value for Sowers Dr located in Hackettstown, NJ is $2,120/month. Comparable homes around Sowers Dr that are rentals have monthly ranges starting as low as $1,910 per month and as high as $2,330 per month. An owner looking to use this property as an investment could bring a return in the area of $1,910 - $2,330 a month based on the many factors which include the properties condition, type, amenities, etc. Sign in to view a full two years of rental information as well as the Average Market Value (AVM) of this property.

Listing History

Start Date End Date Listing Type Bank Name
02/11/25 03/20/25 Preforeclosure Amerisave Mortgage Corporation
02/03/25   Preforeclosure AMERISAVE MORTGAGE CORPORATION
01/30/25 03/15/25 Preforeclosure AMERISAVE MORTGAGE CORPORATION
11/06/24 11/14/24 Preforeclosure Amerisave Mortgage Corporation
07/20/24   Preforeclosure
06/27/24 08/08/24 Preforeclosure Amerisave Mortgage Corporation
06/06/24 11/14/24 Preforeclosure AMERISAVE MORTGAGE CORPORATION
06/06/24 11/14/24 Preforeclosure AMERISAVE MORTGAGE CORPORATION
05/15/23 03/10/24 Preforeclosure AMERISAVE MORTGAGE CORPORATION
05/11/23 03/06/24 Preforeclosure AmeriSave Mtg
05/05/23 02/29/24 Preforeclosure Amerisave Mortgage Corporation

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Sowers Dr
Hackettstown, NJ 07840

1,554 sq. ft.

$461,753 EMV

Status: Active Listing ID: 62247335

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Listing URL

https://www.foreclosure.com/listing/address.html?address=Sowers-Dr-Hackettstown-NJ-07840/62247335_lid

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