Buying Perth Amboy Short Sale Listings

Perth Amboy short sales are not quite the same as regular home sales. Before viewing or buying a short sale in Perth Amboy, it is important that you understand what they are and what the process entails. The following provides some pros and cons on buying Perth Amboy short sale listings.

What Makes a Property a Short Sale

A short sale refers to listings where the funds from the sale will not be enough to cover what the seller would need to cover expenses, and the Perth Amboy seller has no savings to cover the shortage. This can include the mortgage(s) on the home, real estate broker fees, closing costs, and other related fees. The bank on the Perth Amboy property would be “shorted” what is due/owed to them, which is where the term “short” sale comes from. Listings advertised as short sales do not guarantee that they can actually be sold. The mortgage companies currently maintaining the liens on the home for sale must all authorize the short sale in order for it to be sold. This is where it can get difficult. Property Owners must submit their financial and personal information, explanation of hardship, and an offer from a home buyer to get approval from the lenders, and if there are multiple, all of them must approve.

Advantages of Short Sales

There are quite a few short sales available for purchase in Perth Amboy due to the down economy, providing potential buyers with many alternatives. Also, short sales are frequently an opportunity for buyers to get a lower price on listings. However, short sales do not match the needs of all Perth Amboy home buyers.

Cons of Short Sales

Short Sale Time Frames

Perth Amboy prospective buyers must move forward with an offer without any guarantee as to whether it will actually be approved. It can also take a really long time to receive any response on the approval status (typically several months or even up to a year). Buyers needing to close before certain deadlines should not consider short sales.

Condition of Short Sales

Short sale listings can often require a lot of repair and are sold as-is since the owner has insufficient funds and the lienholders are already accepting more than what they are owed. Buyers of Perth Amboy short sales should be prepared to complete repairs with their own funds.

Buying Perth Amboy Short Sale Listings

Short sale listings are not for everybody, and buyers should be aware of the pros and cons before viewing or making an offer on a short sale. For home buyers with flexible timelines and the ability to make repairs on their own, it can be a great opportunity to get a great deal on a property. Consult with your Realtor for additional advice on buying Perth Amboy short sale listings in your state.

Chamber Unites Perth Amboy Real Estate and Commerce

The Chamber of Commerce works within the business community established in Perth Amboy real estate to reenergize the historic City on the Bay.  The Perth Amboy Chamber assists new businesses and braids together relationships with business owners, the City of Perth Amboy, and the State of New Jersey.

Perth Amboy homes and commercial real estate nestle between New York City and Philadelphia in one of the world’s largest and wealthiest consumer markets.[Contact Petra Best Realty at 732-442-1400 for information about Perth Amboy homes for sale and suitable commercial properties for your business.]

Located on 4.7 square miles in Middlesex County New Jersey, Perth Amboy features major transportation networks including highways, rail access, a deep water port, and easy access to Newark Liberty International Airport.  Businesses have leveraged the great location, facilities, and reasonable prices to build a diverse complement of successful companies.  They run the gamut from small restaurants and shops to services, manufacturing and logistics and more.

The Chamber of Commerce helps new businesses get started, holds community and organizational events, advertises, and provides an environment to nurture a cooperative spirit.  Events range from meetings and luncheons to the December parade down Smith Street to Awards Day on the Cornucopia Princess.  In 2010, Petra Best Realty received the Chamber’s Emerging Businesses award.

The Perth Amboy Chamber of Commerce assists the City of Perth Amboy and the State of New Jersey to get out the word:  “Perth Amboy means business.”   The City of Perth Amboy is touting the advantages of locating in Perth Amboy.  State officials are concurrently making changes and marketing to improve the business culture in New Jersey.  Meanwhile, a large redevelopment movement is taking place, beginning at the harbor.

To ensure economic revitalization and national competitiveness, the city consolidated four separate departments involved with business recruitment and economic development into the Economic and community Development, Redevelopment, Urban Enterprise Zone (UEZ) and the Business Improvement District (BID).  They are charged with the mandate to help businesses thrive.  There are incentives, grants, and loans as well as support with development and planning.

The new entities facilitate communications, operations, and long-terms and strategic planning.  The City also hired a public relations firm, new website perthamboymeansbusiness.com, and a presence on Facebook and Twitter.  To get involved or to join the Perth Amboy Chamber of Commerce, call 732-442-7400.

For information about full-spectrum real estate services including listings for convenient Perth Amboy properties, homes for sale, and commercial real estate, Perth Amboy apartments and Perth Amboy house rentals, please call Petra Best Realty at 732-442-1400.

Attractive Spa Springs Perth Amboy New Jersey Homes

Perth Amboy homes in the desirable Spa Springs neighborhood offer homebuyers a classy suburban environment in northeast Perth Amboy real estate.  One of the most attractive areas for buying or renting Perth Amboy NJ homes, Spa Springs is buffered by the Warren County Park to the north and a quiet cemetery and park on the west.   Chickentown, another quality neighborhood within Perth Amboy real estate, is south of Spa Springs.

Perth Amboy homes for sale in Spa Springs and Perth Amboy rentals include single-family homes, duplexes, and multi-family options.  Real estate ranges from decades or centuries old to newer.  Many historic homes in Perth Amboy do not have garages.  Spa Springs, however, offers many homes with garages.

Most residences in Spa Springs are set on short landscaped streets along County Road 655 (N. Florida Grove Road).In 2009, the average price for a single-family home was $287,367, townhouses $144,052, duplexes $150,173, 3-4 unit buildings $143,814, and 5+ units $138,410.

Spa Springs is also convenient to employment centers, shopping areas, schools, and recreation.  The New Jersey Turnpike is located just north of the county park.  Garden State Parkway is a short distance to the west, and Route 440 reaches the southern Spa Springs border.  The “City by the Bay”, Raritan Bay that is, offers waterfront activities, hiking, biking, and a variety of sports.  Golf courses are minutes away.

A city of approximately 50,000 residents today, the historic community was once home to the Lenape Indians.  Settlers arrived from Scotland in 1684.  Over the past few centuries, Perth Amboy welcomed immigrants from many, many nations.  In the early 1900s, the community’s resort-like hospitality and yacht clubs magnetized wealthy vacationers to the waterfront.

Many communities such as this one are currently undergoing a slow revitalization.  The harbor and waterfront areas are seeing new loft-style residences as some old industrial buildings are being replaced or refitted.

Perth Amboy, part of the New York metropolitan area, offers proximity to Staten Island and New York, affordable home prices, tight knit neighborhoods, and helpful residents.   Spa Springs is one of its gems.

For information about full-spectrum real estate services including listings for convenient Perth Amboy properties, homes for sale, and commercial real estate, Perth Amboy apartments and Perth Amboy house rentals, please call Petra Best Realty at 732-442-1400.

Residents of Perth Amboy Homes Gain Skills at Middlesex County College

Since the 1970s, residents of homes in Perth Amboy can choose from more than 550 courses and 80 degree and certificate programs and participate in transfer programs at Middlesex County College.  The main campus features state-of-the art classrooms and laboratories on a beautiful 200-acre campus.  In addition, many convenient courses and programs are convenient to Perth Amboy real estate, including ESL and Child Care.

For information about full-spectrum real estate services including listings for Perth Amboy properties, Perth Amboy homes for sale, and Perth Amboy NJ commercial real estate, Perth Amboy apartments and Perth Amboy house rentals while attending college, please call Petra Best Realty at 732-442-1400.

Middlesex County College is a two-year community college with a scenic main campus located in Edison, New Jersey.  The Perth Amboy Center campus at 60 Washington Street serves Perth Amboy homes and a third campus is in New Brunswick.  Total enrollment is near 14,000 in 2011.  Over half of the students pursue additional higher education, many through excellent transfer programs and joint admissions programs with the New Jersey Institute of Technology and Rutgers University.

Perth Amboy Center opened in another location in 1974.  The present location has eight classrooms, three computer labs including an ESL lab and an Instructional lab, a multipurpose room and a student lounge.  Courses include English as a Second Language, developmental courses in reading, writing, and math, and college credit courses in liberal arts and business.

The Center also provides enrollment services such as admissions, placement tests, academic advising, registration, FAFSA filing, financial aid information, and payment processing.

Low student-to-faculty ratios, flexible scheduling, online courses, support programs, innovative teachings ensure successful student experiences at Middlesex County College, providing easy faculty access and comfortable learning environments for students.  There are co-curricular and leadership experiences, honors courses and societies.   Students are also able to take courses during high school.

A list of Academic Departments follows:
Accounting, Business & Legal Studies
Biology
Chemistry & Physics
Computer Science and Information Technology
Dental Auxiliaries Education
Engineering Technologies
English
ESL/Languages & Cultures and Center for International Education
Health, Physical Education, Recreation & Dance
History & Social Science
Hotel, Restaurant & Institution Management
Mathematics
Medical Laboratory Technology
Nursing
Radiography
Visual, Performing & Media Arts

Middlesex County College is accredited by the Commission on Higher Education of the Middle States Association of Colleges and Schools.  Degree programs include Associates in Fine Arts, Associates in Science, and Associates in Applied Science.

Buy a Home in Perth Amboy NJ – Golf Capital of the Nation

New Jersey’s Perth Amboy homes are within 150 miles of a quarter of the Top 100 Golf Courses in the United States.  In September 2005, Golf Magazine named Perth Amboy real estate as the unofficial “Golf Capital of the U.S.”  That is in spite of the fact that there are no golf courses within the Perth Amboy city limits.

Perth Amboy NJ real estate offers affordable options.  The median list price today is $181,000.  Avid golfers searching for Perth Amboy homes for sale or Perth Amboy rental properties or income properties need not go far to find a tee box.  In less than a dozen miles, there are several popular and historic golf courses.  Most are open to the public and offer more than golf.  Take the entire family out to any of these fine facilities.

  1. La Tourette Golf Course on Staten Island
  2. Colonia Country Club in Colonia
  3. Hyatt Hills Golf Course in Clark
  4. Raritan Landing Golf Course in Piscataway
  5. Tara Greens Golf Center in Somerset County
  6. Bel Aire Golf Course in Monmouth County
  7. Tamarack Golf Course in East Brunswick
  8. Silver Lake Golf Course on Staten Island

Overlooking Richmond Town, La Tourette Golf course spans 6,692 yards of championship-caliber golf.  Home of the annual March of Dimes Celebrity Fund Raiser, La Tourette was designed by VanClete and opened in 1936.  It features a full service pro shop and snack bar.

The 110-year-old Colonia Country Club golf course nestles into architectural masterpieces of days gone by.  Its’ beautiful renovated clubhouse offers relaxing getaway.  At Colonia, par is a sacred score.

The scenic 9-hole Hyatt Hills Golf Course and its driving range, putting green offer a top-notch public facility includes an 18-hole miniature golf course, full-service clubhouse with relaxed dining and venue for special events.

Raritan Landing Golf Course is a 3,300-yard par 58 course with small greens and narrow fairways, perfect for shot making and accuracy.  The Froghair Grill offers food and refreshments.

Sprawling over 100 acres, Tara Greens Golf Center offers exceptional facilities for every level of golfer.  Its regulation course, driving range, 9-hole pitch ‘n putt and practice green, as well as a miniature golf course are popular for area residents.

Home News Tribune readers rated Tamarack as Best Golf Course in Central Jersey.  It is the home course for several high school golf teams.  Tamarack offers two 10-hole championship golf courses by Hal Purdy.  The East is a 6,226-yard par 71 and the West is 7,025-yard par 72.  Tamarack offers a full-service restaurant and many programs.

The public Silver Lake Golf Course offers great conditioning and excellent dining at the Veranda restaurant.

For more information about homes near Perth Amboy, contact Petra Best Realty at (732) 442-1400.  Petra Best Realty provides full-spectrum real estate services including listings and rentals.

High Schools near Perth Amboy Homes

Families relocating to Perth Amboy NJ homes may choose to send their high school students to a variety of schools in the area.  Perth Amboy NJ real estate falls within the Perth Amboy Public School District for Perth Amboy High School.  The phone number is (732) 376-6030.  Publicly funded education is also available through the local campus of Middlesex County vocational and Technical High Schools at (732) 257-3300.

A handful of private parochial schools in and near Perth Amboy real estate also offer Grades 9-12:

  1. Cardinal McCarrick High School, (732) 721-0748
  2. St. Joseph by the Sea High School, (718) 984-6500
  3. St. Joseph High School, (732) 549-7600
  4. Bishop George Ahr High School, (732) 549-1108

Perth Amboy High School (PAHS) is a four-year public school serving Grades 9-12.  It is the only high school in Perth Amboy and serves over 2,300 students.  Built in 1971 to accommodate far fewer students, PAHS bursts with extra life.  Extracurricular activities include concert and marching band, sports in the Middlesex County leagues, and school clubs.  In addition to academics, the school features two programs sponsored with the Board of Education: Gear Up by Kean University and The School Based Youth Services Program by Jewish Renaissance Foundation.

Perth Amboy Middlesex County vocational School serves more than 250 students.

Cardinal McCarrick High School, formerly called St. Mary’s Diocesan High School, is located at 310 Augusta Street in South Amboy real estate, near the South Amboy train station.  Providing an excellent, faith-filled education, Cardinal McCarrick High School is the regional high school for the Diocese of Metuchen.  Students from 20 surrounding communities attend.  The school is also a member of the Greater Middlesex Athletic Conference and offers a variety of organizations and clubs.  Programs include Innovative College Advisory Program, Formal Academic Support, AP and SAT prep, Distance Learning and 21st Century technology, and an Interdisciplinary honors program.

St. Joseph by the Sea High School is located at 5150 Hylan Boulevard in Staten Island NY.  Affiliated with the Sisters of Charity, the Catholic school has graduated over 8,000 students since 1967.  It became co-ed in 1973 and added extensive new facilities since then, including a variety of sports complexes.  St. Joseph by the Sea requires four years of training in all major subjects and strives to immerse students in the “rich spiritual and intellectual tradition of Western Civilization.”

St. Joseph High School is a private all-boy’s college prep school on 70 acres in Metuchen and Edison.  The address is 145 Plainfield Avenue, Metuchen NJ.  Conducted by the Brothers of the Sacred Heart, St. Joseph’s educates students from over 40 school districts and several counties.

Bishop George Ahr High School at 1 Tingley Lane in Edison NJ is a co-ed college preparatory Catholic school in the Diocese of Metuchen.  The school features a challenging curriculum, spiritually uplifting environment, vibrant extracurricular programs, award-wining sports, community service programs, performing arts, and technology-laced curriculum.

For more information about homes in the Amboy’s, contact Petra Best Realty at (732) 442-1400.  Petra Best Realty provides full-spectrum real estate services including listings and rentals.

Waterfront Neighborhood of Perth Amboy NJ Homes

Perth Amboy New Jersey homes in the seemingly quiet fishing village in the Waterfront neighborhood are witnessing a modern revitalization.  Set across the Raritan Bay from New York, much of the Perth Amboy real estate along the Waterfront dates back to the first settlement in the late 1600s.  For centuries, the marina culture sustained a healthy tourist industry and Perth Amboy vacation homes until the tumultuous 1920s.

Over the centuries, Perth Amboy real estate hosted large numbers of immigrants from many nations from the British to Polish to Jewish.  Today, a large, peaceful Hispanic community is predominant.  Surrounded on two sides by water, Perth Amboy NJ real estate in Waterfront along a small L-shaped section is home to approximately 8,000 residents.  Routes 611 and 656 lead into the Waterfront Neighborhood.  Most residents enjoy commute times of only 30-35 minutes.  The median household income is over $50,000.

Despite some centuries-old structures, most of the current Perth Amboy Waterfront homes are from the 1930-1980 era.  Perth Amboy rental properties in Waterfront average $967/month in rents.  Home prices generally range from $150,000 to $500,000.  Stately Victorian homes in the hills overlook the Bay.

The tree-lined streets include High, Rector, Gordon, Lewis, Water, Peterson, State, Front, or First and Second streets; Brighton, Madison, and Kearney avenues; and Sadowski Parkway.  A quarter are single-family Perth Amboy homes (median value $347,409), a quarter duplexes ($154,123), and half are townhouses and multi-family buildings (median values $131,182 townhouses; $512,366 and $418,741 for 3-4 units or 5+ units, respectively).

Local attractions today include a yacht club and marina with a band shell, the site of the summer Concerts by the Bay.  Seafood restaurants, a promenade near the water.  There are also the St. Peter’s Episcopal Church, the Proprietary House, a couple of small museums, and an art gallery.

Golf Magazine names Perth Amboy “The Golf Capital of the United States,” although there are no golf courses in the city.  However, it lies within 150 miles of 25 of the Top 100 Golf courses in the U.S.

Perth Amboy Public Schools and the state’s Abbott Districts operate public schools in the city.

For more information, contact Petra Best Realty at (732) 442-1400.

New Jersey Homes & Photo Slide Show

New Jersey Homes & Photo Slide Show

New Jersey Real Estate & Photo Gallery

New Jersey Real Estate & Photo Gallery

Historic Perth Amboy NJ Homes and Real Estate

Perth Amboy NJ Real EstateReal Estate in Perth Amboy, New Jersey’s “City by the Bay,” reflects the neighborhoods of many immigrants that left their imprint over the past three centuries.  Perth Amboy is in Middlesex County.  Style and architecture of Perth Amboy homes vary.  Prices are very moderate, and the area offers many opportunities to find fixer-uppers.  In fact, Perth Amboy NJ real estate is being slowly redeveloped with new projects such as the mixed-use townhomes and mid-rise condo development in Landings at Harborside.

Petra Realty provides full-spectrum real estate services including listings for Perth Amboy properties, Perth Amboy homes for sale, and Perth Amboy NJ commercial real estate in neighborhoods ranging from The Waterfront to Downtown to Harbortown, Hall Avenue, State Street, Amboy Avenue, Maurer, Chickentown, and Spa Springs.  In addition, our management services offer Perth Amboy apartments for rent and Perth Amboy house rentals.

One of The Amboys, Perth Amboy is associated with South Amboy, a community accessible by rail across the Raritan Bay.  The Amboys are at the northern limit of an area referred to as the Bayshore.  Other bordering communities include to the east, New York City’s Staten Island across the Arthur Kill, to the north and west, Woodridge, and to the southwest, Sayreville across the Raritan River.

New Jersey Waterfront HomesApproximately 50,000 residents enjoy living in the community today.  From settlement in the late 1693 through the city’s incorporation in 1718 and into the industrial age of the 1800s, historic Perth Amboy has lived many lives.  She served as the colonial capital for 90 years and was the capital of East Jersey for 18 years.  The Proprietary House and other historic buildings stand in witness of William Franklin, last royal governor of New Jersey and Ben Franklin’s son.

Noted as the only place in the United States without radon, the community sits on solid clay.  Historic factories such as Sons Terra Cotta and A. Hall and other industrial developments fueled a thriving economy in their day.  With waterfront properties and quaint shops and restaurants, the community became a resort town in the 19th and early 20th centuries.  After the shuttering of some factories and the toll of heavy immigration, the community is quietly rebuilding itself.  Its charming homes and manicured streets embody the rich heritage of a city in the midst of revival.

For more information, contact Petra Best Realty at Office: 732.442.1400..



Petra Best Realty, LLC
329 Smith Street
Perth Amboy, NJ 08861

(732) 442-1400 Phn
(732) 442-1480 Fax
(732) 841-7029 Cell

ehernandez@petrabestrealty.com

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