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Calling All Burlington & Camden County, NJ Wannabe First Time Homebuyers

By
Real Estate Agent

NJ First Time Homebuyers,

Time is Running Out!

The deadline to qualify for the $8,000 Federal Tax Credit is November 30. If you have not owned a primary residence in the past three years, you may qualify. Get the information you need to take advantage of all the incentives now available to you as a New Jersey first-time buyer! 

I am sure that you have heard this before.  You may be thinking that there is no way that  you can afford to buy a home....especially in NJ. 

You Might Be Wrong!

I have included below some recent (less than 30 days ago) home sales in Burlington & Camden County, NJ.  You will notice that there are plenty of homes available for under $1,100 per month.  The total payment below is based on a mortgage rate of 5.5% and I estimated homeowners insurance.  These figures should be used as guidelines only.  But the bottom line is that affordable homes are available.

Secondly - take a look at the seller concessions.   An FHA loans requires 3.5% down payment.  You will notice that in many cases, the seller gave the buyer a concession (ie. free money or to make it plainer...the seller paid most of the buyers closing costs).

Finally - The Government (Uncle Sam) is willing to give you an $8,000 tax credit to buy your new home.  Once again....more free money.

But time is running out.

If you are interested in exploring your options, feel free to call, text or email me today.

address subdivision BR BA Actual Selling Price

Est. Monthly Payment

 Seller assist   3.5% Down 
903 Barclay Towers, Cherry Hill, NJ Barclay Towers 1 1 $75,000  $543    $  2,625
2902 S Lakeshore Dr, Browns Mills, NJ None Available 2 1 $85,000  $659  $5,000  $  2,975
301 Garnet Dr, Burlington, NJ Rosewood 1 1 $93,000  $690  $4,000  $  3,255
408 Chestnut Pl, Cherry Hill, NJ Chestnut Place 1 1 $88,000  $697    $  3,080
12-2 Florence Tollgate Pl, Florence, NJ Florence Tollgate 1 1.5 $99,000  $737    $  3,465
8 Village Ct, Mount Laurel, NJ Holiday Village 1 1 $100,000  $801    $  3,500
275 Green St 4H2, Beverly, NJ Arbor Green 2 1 $104,500  $811    $  3,658
94 Eaves Mill Rd, Medford, NJ Medford Mill 1 1 $118,000  $888    $  4,130
215 Huntington Dr, Southampton, NJ Leisuretowne 2 1.5 $115,000  $907  $300  $  4,025
4104B Adelaide Dr, Mount Laurel, NJ Renaissance Club 2 1 $118,000  $918  $5,500  $  4,130
202 Huntington Dr, Southampton, NJ Leisuretowne 2 1.5 $115,000  $918    $  4,025
606 Playa Del Sol, Cherry Hill, NJ Playa Del Sol 2 2 $116,900  $930  $3,000  $  4,092
67 Dorchester Dr, Southampton, NJ Leisuretowne 2 2 $110,000  $943    $  3,850
1813 Woodhollow Dr, Evesham, NJ Hollows 1 1 $124,500  $952    $  4,358
43 Rockland Dr, Willingboro, NJ Rittenhouse 2 1 $116,000  $970    $  4,060
18 Teaberry Ct, Marlton, NJ Shannon Greene 2 1 $128,000  $982    $  4,480
112 Adams Ave, Pemberton, NJ Oak Ridge Estates 3 1 $125,000  $993    $  4,375
1705 Woodhollow Dr, Marlton, NJ Woodhollow 2 2 $126,000  $1,001    $  4,410
161 Woodlake Dr, Evesham, NJ Woodlake 1 1 $133,000  $1,022  $3,000  $  4,655
25 Thornbury Pl, Southampton, NJ Leisuretowne 2 2 $130,000  $1,023    $  4,550
324B Delancey Pl, Mount Laurel, NJ Commons Of Delancey 2 1 $137,000  $1,025    $  4,795
57 Primrose Ln, Browns Mills, NJ Mirror Lake 3 1.5 $136,000  $1,035  $5,000  $  4,760
16 Mcguire St, Wrightstown, NJ None Available 3 1 $150,000  $1,045    $  5,250
115 E Kings Hwy 455, Maple Shade, NJ Watergate 2 1.5 $135,000  $1,048    $  4,725
229 Huntington Dr, Vincentown, NJ Leisuretowne 2 1 $140,000  $1,048    $  4,900
502 Cinnaminson Ave, Palmyra, NJ None Available 5 2 $130,000  $1,095  $6,000  $  4,550
432 Washington Ave, Burlington, NJ None Available 4 2 $149,000  $1,111  $2,000  $  5,215
2307A Yarmouth Ln, Mount Laurel, NJ Laurel Creek 2 1 $148,503  $1,112  $5,000  $  5,198
321 Cherokee Dr, Browns Mills, NJ Country Lakes 3 1 $150,000  $1,114  $5,000  $  5,250
34 Sequoia Ct, Marlton, NJ Kings Grant 2 2 $150,000  $1,120  $5,000  $  5,250
69 Cyder Ct, Marlton, NJ Marlton Meeting 2 2 $147,000  $1,121    $  5,145
610 N Lenola Rd, Moorestown, NJ Lenola 2 1 $143,000  $1,131  $4,850  $  5,005
117 County Ave, Maple Shade, NJ Poplar Grove 2 1 $137,500  $1,139    $  4,813
803 Lindsey Ct, Marlton, NJ Marlton Meadows 2 2 $150,900  $1,143    $  5,282
44B Sumac Ct, Mount Laurel, NJ Birchfield 2 1.5 $154,000  $1,147  $1,500  $  5,390
997 N Westminster Dr, Southampton, NJ Leisuretowne 2 2 $145,500  $1,163  $2,000  $  5,093
1423 Kennys Cv, Burlington, NJ Shannon Estates 2 2 $152,500  $1,169  $900  $  5,338
68 White Birch Ct, Lumberton, NJ Sunnybrook 3 2.5 $150,000  $1,180    $  5,250
1301A Ginger Dr, Mount Laurel, NJ Holiday Village 2 2 $155,000  $1,184    $  5,425
319 Orchard Ave, Burlington, NJ Farnerville 2 1 $145,000  $1,186    $  5,075
29 Summit Ct, Evesham, NJ Oak Hollow 2 2 $155,000  $1,188    $  5,425
401 1st St, Hainesport, NJ Claremont 2 1 $165,000  $1,192  $4,000  $  5,775
1306 Woodhollow Dr, Marlton, NJ Hollows 2 2 $158,000  $1,199    $  5,530
5 Fernwood Ct, Columbus, NJ Homestead 2 2 $150,000  $1,207    $  5,250
145 3rd Ave, Roebling, NJ Roebling Village 2 1 $159,900  $1,211    $  5,597
62 Rolling Hills Dr, Westampton, NJ Rolling Hills 2 1.5 $165,000  $1,214  $3,000  $  5,775
52B W Bluebell Ln, Mount Laurel, NJ Birchfield 2 2 $165,000  $1,217    $  5,775
2305A Toddsbury Ct, Mount Laurel, NJ Holiday Village E 2 2 $161,000  $1,220    $  5,635
206 New Jersey Ave, Riverside, NJ None Available 4 1 $150,000  $1,226  $6,500  $  5,250
143 Snow Ave, Browns Mills, NJ None Available 3 1 $170,000  $1,231  $2,500  $  5,950
43 Bridgewater Dr, Marlton, NJ Oak Hollow 2 2 $157,000  $1,232    $  5,495
130 Chippewa Trl, Browns Mills, NJ Country Lakes 3 1 $167,000  $1,235  $5,500  $  5,845
604B Cypress Point Cir, Mount Laurel, NJ Ramblewood Mews 2 2 $167,000  $1,244    $  5,845
69 Foxglove St, Browns Mills, NJ Browns Mills 3 1 $169,900  $1,245  $5,500  $  5,947
1 Gable Way, Willingboro, NJ Garfield 3 2 $140,000  $1,251    $  4,900
200B Collin Ct, Mount Laurel, NJ Le Club Ii 2 1 $169,000  $1,252    $  5,915
7 Summit Ct, Marlton, NJ Oak Hollow 2 2 $162,500  $1,255  $5,000  $  5,688
3132 Harbour Dr, Palmyra, NJ Palmyra Harbour 2 2.5 $165,000  $1,256  $5,000  $  5,775
40 E Front St, Florence, NJ None Available 3 1 $165,000  $1,264    $  5,775
811 Turner Ave, Cinnaminson, NJ None Available 3 2 $157,000  $1,271  $7,000  $  5,495
341 Larch Rd, Mount Laurel, NJ Rancocas Woods 2 1 $162,000  $1,282    $  5,670
2314C Durham Ct, Mount Laurel, NJ Brittany 2 2 $172,500  $1,283  $5,000  $  6,038
801B Cypress Point Cir, Mount Laurel, NJ Ramblewood Mews 2 2 $170,000  $1,287    $  5,950
277 Tavistock, Cherry Hill, NJ Tavistock 2 2 $158,000  $1,291    $  5,530
53 Mandolin Ln, Willingboro, NJ Millbrook 3 2 $158,000  $1,292  $9,600  $  5,530
120 East River Dr, Willingboro, NJ Garfield 3 2 $142,500  $1,292  $1,425  $  4,988
2006-B Denham Ct, Mount Laurel, NJ The Lakes 2 1 $172,000  $1,293  $4,000  $  6,020
143 Alexander Rd, Beverly, NJ Silver Park 2 2 $150,000  $1,295    $  5,250
372 Woodlake Dr, Marlton, NJ Woodlake Kings Grant 2 2 $163,000  $1,296  $3,000  $  5,705
19 Gramercy Pl, Southampton, NJ Leisuretowne 2 2 $174,000  $1,302    $  6,090
15 Amy Ct, Eastampton, NJ Eastampton Mews 2 2.5 $160,000  $1,318    $  5,600
632 Bem St, Riverside, NJ River Side 3 2 $165,000  $1,319  $3,000  $  5,775
207 Millbrook Dr, Willingboro, NJ None Available 3 2 $160,000  $1,325  $6,100  $  5,600
73 Dorchester Dr, Southampton, NJ Leisuretowne 2 2 $175,000  $1,327    $  6,125
1403A Staghorn Dr, Mount Laurel, NJ Holiday Village E 2 2 $170,000  $1,332    $  5,950
588 Buttonwood Ave, Maple Shade, NJ Albany Glen 2 1 $173,000  $1,339  $8,000  $  6,055
136 Lippincott Ave, Riverside, NJ None Available 4 1.5 $170,000  $1,358  $5,000  $  5,950
906 Sweetwater Dr, Cinnaminson, NJ Sweetwater 2 2 $175,000  $1,369    $  6,125
46 Eastgate Ln, Willingboro, NJ East Garlfield 3 2 $160,000  $1,371  $6,500  $  5,600
79 Balfour Ln, Willingboro, NJ Buckingham Park 4 2.5 $160,000  $1,376  $5,000  $  5,600
604 Smith Ln, Mount Holly, NJ None Available 3 1 $170,000  $1,394    $  5,950
102 Creek Rd, Delran, NJ Bridgeboro 3 1 $174,000  $1,400    $  6,090
203 Tavistock Ct, Cherry Hill, NJ Tavistock 2 2 $172,000  $1,419    $  6,020
5 Galton Ln, Willingboro, NJ Garfield 4 2 $170,000  $1,434  $5,000  $  5,950
30 Somerset Dr, Willingboro, NJ Buckingham 3 2.5 $169,000  $1,442  $6,000  $  5,915
51 Lee St, Riverside, NJ None Available 3 1 $170,000  $1,455  $5,000  $  5,950
151 Nottingham Dr, Willingboro, NJ Garfield North 3 2 $174,000  $1,514    $  6,090

Have a great day

Make This YOUR Best Year Ever


Leander McClain, Burlington /Camden County, NJ Realtor & Real Estate Consultant, Keller Williams Realty, 1814 Route 70 E Cherry Hill, NJ 08003 856-685-1677 Direct

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Comments(3)

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Tammy Lankford,
Lane Realty Eatonton, GA Lake Sinclair, Milledgeville, 706-485-9668 - Eatonton, GA
Broker GA Lake Sinclair/Eatonton/Milledgeville

And if they are getting a loan, they better get started sooner rather than later, contract to close seems to be taking longer these days.  I bet escrow companies and lenders and attorneys will be VERY busy late November unless the deadline is extended.

Aug 18, 2009 05:16 AM
Erik Hitzelberger
RE/MAX Alliance - Louisville REALTOR-Luxury Homes - Louisville, KY
Louisville - Middletown Real Estate

Leander - This is an excellent job of getting hard facts in front of buyers.  People can look at your list and compare the house they can OWN to the rent they are paying for SOMEONE ELSE'S mortgage.  When they do so, ownership looks more attractive and that doesn't even include potential income tax savings. 

Aug 18, 2009 04:02 PM
Jennifer Fivelsdal
JFIVE Home Realty LLC | 845-758-6842|162 Deer Run Rd Red Hook NY 12571 - Red Hook, NY
Mid Hudson Valley real estate connection

Leander if your post don't convince first time buyers to act now I don't know what will.   I suspect come November 30th their are some who will be sorry they miss the boat.

Aug 20, 2009 12:12 AM