Home for Sale at 101 Cheshire Ln, Ringwood Boro, NJ 07456-2746

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101 Cheshire Ln
Ringwood Boro, NJ 07456-2746

KUNAL DOSHI with EXP REALTY, LLC, original listing - (866) 201-6210

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Property Details

List Price:	$850,000
Beds:	5
Baths:	Full: 3, ½: 1
Status:	Active
SqFt:	2799 Square Feet
Agency:	EXP REALTY, LLC
Agency Phone:	(866) 201-6210

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Description/Comments

Lot Size:	1 acre(s)
Property Type:	Residential-Single Family Residence
Year Built:	1984
Notes:	Welcome to 101 Cheshire Lane in Ringwood's sought-after Kensington Woods community. This impressive 5-bedroom, 2.5-bath Colonial offers exceptional craftsmanship, thoughtful upgrades, and a resort-style backyard that elevates everyday living.Step inside to beautifully finished spaces enhanced by hardwood floors, detailed moldings, radiant heated floors in the foyer and kitchen, and abundant natural light. The gourmet kitchen is a true standout, featuring a Sub-Zero refrigerator, Thermador professional stove, built-in Miele espresso machine, built-in refrigerator drawers, and high-end finishes designed for both cooking and entertaining. The home's layout includes multiple living areas, spacious bedrooms, and a primary suite with a walk-in closet, with both second-floor bathrooms also offering heated floors.The finished lower level adds versatility, ideal for recreation, a home gym, or storage. Peace of mind comes with thermal windows and doors, an underground sprinkler system, and a full security system.Outdoors, your private oasis awaits. Enjoy an in-ground pool with waterfall and spa, a fully equipped outdoor kitchen, expansive decking, and a privacy fence perfect for hosting or unwinding.Set on nearly 1.5 acres of manicured property, this home blends luxury, comfort, and tranquility while remaining close to Ringwood's parks, lakes, and commuter routes.A truly exceptional property offering a lifestyle of comfort and elegance your next chapter starts here.
MlsNumber:	--
ListingId:	4003670

Listing Provided By:	EXP REALTY, LLC, original listing
Phone:	(866) 201-6210
Office Phone:	(866) 201-6210
Agent Name:	KUNAL DOSHI
Disclaimer:	Copyright © 2026 Garden State MLS, LLC. 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.

Free Foreclosure Listings

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Foreclosure Listings Increasing

As the market settled after the mortgage meltdown foreclosure listings also settled and fewer homes were on the market with a placard reading “Bank Foreclosure” in big red lettering. This was a good thing for the entire real estate market. Having an abundance of foreclosures brings the entire market down and it makes it harder for home owners, who would like to move, to get the appropriate price for their home as a similar home down the same street was sold for substantially less and the appraiser is using the foreclosure as a comparable sale.

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.