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First time on the market in 35 years! This well-maintained ranch home offers pride of ownership throughout. Featuring gleaming hardwood floors across the entire home, this property includes three spacious bedrooms and two full bathrooms, providing comfortable living. Possible Mother/Daughter house with an additional 600 SF in the lower level which can be made into an apartment or extra space for a den, playroom or office. Step outside to enjoy a private deck and above-ground pool, perfect for relaxing or entertaining while taking in the beautiful mountain views. The home is ideally located and a mile down the street to New Jersey transit to Midtown Manhattan and a 20 minute drive to a train that will take you into Newark, NJ train station then the path train over to the World Trade Center. Conveniently close to schools, parks, places of worship and local shops, and just minutes from the charming Village of Warwick, this home combines peaceful surroundings with everyday convenience. Also, close to Mount Peter Ski area, Sterling Forest Renaissance Festival and minutes to Mountain Creek Resort in Vernon, New Jersey. A rare opportunity in a highly desirable area—don’t miss it!
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Our Executive Mortgage Banker:
$499,999
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $399,999 | $399,999 | $399,999 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.375% | 5.490% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.512% | 5.730% |
| Monthly Tax Payment | $741 | $741 | $741 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,396 | $2,495 | $3,266 |
| Total Monthly Payment | $3,212 | $3,311 | $4,082 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.