Home for Sale at 411 N EAST Avenue, VINELAND, NJ 08360

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411 N East Avenue
Vineland, NJ 08360

Brittany Lopez with Keller Williams Prime Realty, original listing - (856) 362-5072

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Property Details

List Price:	$1,200,000
Beds:	--
Baths:	--
Status:	Active
SqFt:	3718 Square Feet
Agency:	Keller Williams Prime Realty
Agency Phone:	(856) 362-5072

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Description/Comments

Lot Size:	1 acre(s)
Property Type:	Residential Multi Family-Other
Year Built:	1951
Notes:	"Turnkey Investment Package" Incredible multi-family investment opportunity in the heart of Vineland! This unique "As Is" property at 411 N. East Ave features a single-family home, duplex, and quadruplex - offering multiple income streams all on one parcel. Conveniently located near the park, schools, shopping, and plenty of dining options, this property is perfect for investors seeking both cash flow and long-term value. With strong rental potential and great visibility, this is an opportunity you don't want to miss. Listed at only $1,200,000 - priced to sell! Note: Please do not enter the property without approved schedule visit with realtor.
MlsNumber:	--
ListingId:	NJCB2026962

Listing Provided By:	Keller Williams Prime Realty, original listing
Phone:	(855) 362-5072
Office Phone:	(856) 362-5072
Agent Name:	Brittany Lopez
Disclaimer:	Copyright © 2025 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.

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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.

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Foreclosure Listings Increasing

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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.