Overview
This Single-Family Tax Lien is located at Terrill Rd, Plainfield, NJ 07062. It has , 1,086 sqft of living space. This property is Tax Lien with an estimated market value of $505,967.
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This single-family property is available as a tax lien at Terrill Rd. With 1,086 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 Plainfield, specifically for Terrill Rd and comparable listings. Based on this expert analysis, the estimated market value is $505,967. If purchased for rental purposes, the monthly rental rate could range between $2,030 and $2,750, 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 Terrill Rd are updated daily along with others in Plainfield, New Jersey, ensuring you have the most current and accurate information.
Plus with taxes and insurance
Based on 20% down, 30 year mortgage, with 6% APR
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.
There are 10 schools in the area. Nearby schools include Plainfield High School and Maxson Middle School.
There are plenty of activities near this property like Downtown Plainfield shops, restaurants, banks, and professional services, Plainfield Public Library, and more.
Public transportation options include: NJ Transit Raritan Valley Line service at Plainfield Station and Netherwood Station, with connections toward Newark Penn Station and New York Penn Station via transfer or select one-seat service depending on schedule., NJ Transit local and regional bus routes serving Plainfield and surrounding communities, including connections to Elizabeth, Newark, and nearby employment corridors., Access to major roadways including US-22, I-78, I-287, the Garden State Parkway, and local routes through Union, Middlesex, and Somerset counties., Rideshare, taxi, and local shuttle options are commonly available, with stronger coverage near downtown, rail stations, hospitals, and retail corridors.. Other services include ride-sharing services like Uber and Lyft.
Parks nearby include Cedar Brook Park, Green Brook Park and more.
Services available in the area include cellular and internet options.
The property located at Terrill Rd in Plainfield, NJ is listed as a Tax Lien
The property located at Terrill Rd in Plainfield, New Jersey has a tax lien. When annual property taxes are delinquent, a lien is immediately placed against the property that must be paid in full before it can be sold. If a homeowner fails to pay his or her real estate taxes, the government or other taxing entity may attempt to sell the property. For this reason, valuable properties may sometimes be acquired for a fraction of their true value.Tax Liens are issued when a property owner fails to pay real estate taxes in a timely manner and a taxing authority, such as a city, county, or state, declares the taxes in default.
Here are the basic steps to follow:
There is a highly organized market for real estate tax liens and many sophisticated investors buy them. Tax liens can offer higher returns than many other types of interest-bearing investments and represent an opportunity for very little cash. The market for tax lien properties is competitive and the taxing authorities have specific rules to be followed. A wise investor will research each property to make certain his investment is secure.
The estimated rental value for Terrill Rd located in Plainfield, NJ is $2,390/month. Comparable homes around Terrill Rd that are rentals have monthly ranges starting as low as $2,030 per month and as high as $2,750 per month. An owner looking to use this property as an investment could bring a return in the area of $2,030 - $2,750 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.
Status: Active
A tax lien has been filed due to unpaid property taxes. The owner may need to resolve this before transferring ownership.
Status: Active
FREEDOM MTG
02/09/23 - 12/06/23Status: Inactive
The owner is behind on payments and has entered preforeclosure. It may still be possible to avoid foreclosure or sell early.
Status: Inactive
FREEDOM MORTGAGE CORPORATION
02/03/23 - 11/30/23Status: Inactive
Status: Inactive
FREEDOM MORTGAGE CORPORATION
02/01/23 - 11/28/23Status: Inactive
Status: Inactive
ROUNDPOINT MTG SERVICING
01/08/20 - 11/03/20Status: Inactive
Status: Inactive
ROUNDPOINT MORTGAGE SERVICING
01/08/20 - 11/03/20Status: Inactive
Status: Inactive
ROUNDPOINT MORTGAGE
01/02/20 - 10/28/20Status: Inactive
Status: Inactive
BAYVIEW LOAN SERVICING LLC
11/27/17 - 01/10/18Status: Inactive
Status: Inactive
BAYVIEW LOAN SERVICING, LLC
11/23/17 - 01/10/18Status: Inactive
Status: Inactive
BAYVIEW LOAN SERVICING
05/11/16 - 03/07/17Status: Inactive
Status: Inactive
BAYVIEW LOAN SERVICING LLC
05/09/16 - 03/05/17Status: Inactive
Status: Inactive
Status: Inactive
Status: Inactive
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