Morris Plains FORECLOSURE LISTINGS

The market is booming! Find an affordable home through our foreclosure listings in Morris Plains, New Jersey.

Total: 19
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# Photo Address City State Zip Type BD BH Price Details
There are no Properties matching your search criteria. Showing nearby homes.
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DOVER CHESTER RD Randolph NJ 07869 Foreclosures - - - Details
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E MAIN ST Rockaway NJ 07866 Foreclosures 3 2 $259,900.00 Details
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WOODSTONE RD Rockaway NJ 07866 Foreclosures 3 3 $310,000.00 Details
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MOUNT PROSPECT AVE Dover NJ 07801 Foreclosures 2 1.5 $198,900.00 Details
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W CHRYSTAL ST Dover NJ 07801 Foreclosures 2 2 $114,899.00 Details
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WASHINGTON AVE Dover NJ 07801 Foreclosures 3 1 - Details
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THOMPSON AVE # 107 Dover NJ 07801 Foreclosures 7 3 $167,900.00 Details
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WAYNE BLVD Madison NJ 07940 Foreclosures 4 2 $337,900.00 Details
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MORRIS PL Madison NJ 07940 Foreclosures 4 2 $429,900.00 Details
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FREEDOM CT Montville NJ 07045 Foreclosures 2 3 $400,000.00 Details
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MICHIGAN AVE Wharton NJ 07885 Foreclosures 3 2 $224,900.00 Details
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W DEWEY AVE Wharton NJ 07885 Foreclosures 2 2 $124,900.00 Details
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E MAIN ST Mendham NJ 07945 Foreclosures 4 2 $280,900.00 Details
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COLVER RD Landing NJ 07850 Foreclosures 4 2 $239,900.00 Details
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DIAMOND DR Lake Hopatcong NJ 07849 Foreclosures 3 2 $215,900.00 Details
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KINNELON RD Butler NJ 07405 Foreclosures 3 1 $249,900.00 Details
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HAMBURG TPKE Butler NJ 07405 Foreclosures 1 2 $205,000.00 Details
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WHARTON CT Riverdale NJ 07457 Foreclosures 2 2 $278,000.00 Details
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NAUGHRIGHT RD Long Valley NJ 07853 Foreclosures 4 2 $225,900.00 Details
About our Listings

How to Buy Morris Plains Foreclosures

How to buy foreclosures

Buying real estate foreclosures in Morris Plains, NJ starts with finding listings. By browsing Morris Plains foreclosure lists, you can find all kinds of properties either scheduled for sale at public foreclosure auctions or available directly from banks (known as bank-owned or REO homes). The foreclosure process moves quickly, but as long as you give yourself time to research the home that interests you, you can find fantastic deals when you buy foreclosures in Morris Plains, NJ.

>> See more info about how to Buy foreclosures

How to Invest in Morris Plains Foreclosures

How to invest foreclosure

Morris Plains foreclosure homes are perfect for property investors because they can be purchased for below their actual market value right off the bat. To find the best Morris Plains real estate investing bargains, you'll have to assess several properties and decide which has the most potential for Morris Plains foreclosure investment value. Remember, real estate investing isn't just about getting the lowest price, it's about buying desirable home in locations with the potential for future value. Don't buy the first thing you see at Morris Plains foreclosure short sales, wait for the right property at the right price.

>> See more info about how to invest in foreclosures

Types of Foreclosures in Morris Plains

Foreclosure home

Foreclosures happen on all kinds of real estate, so a list of foreclosed homes in Morris Plains will have all kinds of opportunities. In addition to single family homes, you'll find lots of duplex, triplex, and multi family homes, which are great for investing. You'll find upscale townhouse and lofts, and all kinds of houses and condo foreclosures in Morris Plains, NJ. There are even chances to buy land, farms, and ranches, sites for mobile homes, and Morris Plains apartments for sale at great discounts ll over the city. Whether you're looking for commercial or residential property, the possibilities are endless.

>> Learn more about foreclosures

New Jersey Foreclosure Laws

Foreclosure law

In the state of New Jersey, real estate foreclosures are judicial foreclosures, meaning that distressed properties in New Jersey are handled by the legal system in the state. Typically, cases involving foreclosure houses must be approved by a court - sometimes a special foreclosure court - before they can be handled by real estate brokers and sold. The lender will file a complaint along with a Lis Pendens notice; the court will then decide if the complaint is valid. If it is, the court will issue a writ for a public auction for the property. If these properties do not sell, the lender regains possession of the home, and they become New Jersey REO properties.

Morris Plains Banks Foreclosures

Bank Foreclosure

Morris Plains bank owned homes can be a great way for buyers to find cheap properties. When bank foreclosures in Morris Plains, NJ are not sold through a foreclosure auction, they become REO homes that are under the bank's control. Buyers must then approach banks and make offers on Morris Plains bank owned foreclosures. These offers are either accepted or rejected. For this reason, many people find buying bank owned homes for sale in Morris Plains New Jersey to be similar to buying from an agent. Check our Morris Plains bank foreclosure listings and find discount properties.

>> See more info about bank foreclosures

Morris Plains Government Foreclosures

Government Foreclosure

Morris Plains Government homes are usually foreclosures with government-sponsored mortgages, but they can also be the result of a repossession due to a government tax lien. Most commonly you'll find homes from agencies like Freddie Mac, Fannie Mae, and the USDA, which are federal homes mortgage sponsors. Like like all lenders, they offer foreclosures for sale to the public. HUD homes in Morris Plains NJ are another popular type of foreclosure, as are VA foreclosures in Morris Plains, which are available from the Veterans Affairs Department for especially great deals. Check our Morris Plains government foreclosure listings.

>> See more info about govermment foreclosures

Morris Plains Pre-Foreclosures

Foreclosure

PreForeclosures in Morris Plains are properties that are in default, but have not yet gone to foreclosure sale. The foreclosure period begins when the homeowner is issued a Morris Plains Lis Pendens, or Notice of Default. In some cases, the homeowner may attempt to pay off their debt during this time, but bankruptcies are also often declared. Law requires that bankruptcy homes and pre foreclosures must be in the pre foreclosure stage for at least 60 days before a foreclosure auction can be scheduled, but it can still takes weeks or months for a sale to occur.

>> See more info about pre-foreclosures

Morris Plains Foreclosure Auctions

Foreclosure Auction

Most Morris Plains foreclosed homes are sold through Sheriff auctions. These auctions are fantastic ways to find cheap houses for sale, often at up to 50% off market value. Anyone can bid at foreclosure auctions in Morris Plains, and the auction is overseen by the Sheriff's office or a trustee. Be sure to secure financing before you attend an auction, because a down payment on the winning bid will be required after the sale ends. Auctions are the most common and sought after way to buy repo homes in Morris Plains, NJ. We offer a comprehensive Morris Plains foreclosure auction listings.

>> See more info about foreclosure auctions

Top Zip Codes in Morris Plains, New Jersey

Find Home Foreclosure Listings in Morris Plains, NJ

Morris Plains foreclosure listings are your ticket to the lowest prices on real estate in the city, and there's no better source for them than ForeclosureListingsNationwide.com. With our constantly updated database of foreclosure listings in Morris Plains, NJ and easy-to-use search tools, finding the properties you want is fast and effective. Spend more time comparing Los Angeles apartment foreclosures, houses for sale or investment foreclosure properties and let us take care of the hard work! Use ForeclosureListingsNationwide.com to find bankruptcy houses for sale in Morris Plains New Jersey, best affordable foreclosure condo in Morris Plains, cheap apartments for sale, bargain foreclosed homes for sale in Morris Plains, NJ and earn huge savings on the homes YOU want to buy!

Our Morris Plains Foreclosure Lists

You can find Morris Plains foreclosure homes for sale which you can buy for living or investment. Simply click through our Morris Plains foreclosure home listings to find government foreclosures and bank owned homes in Morris Plains area. If you're searching for a deep discount or low prices on real estate then searching our Morris Plains foreclosure lists for homes foreclosure for sale or short sale listing in Morris Plains is your answer. Our up-to-date Morris Plains short sale listings provide the latest investing opportunities on affordable Morris Plains bank owned property listings, government pre foreclosure lists, Morris Plains banrkuptcy homes and Morris Plains HUD repossessed homes for sale which can be found at below market value. With our massive foreclosure list in Morris Plains, you should have little trouble finding the cheapest deal on a foreclosed home in Morris Plains, New Jersey.

You can also search Montville foreclosure listings and Butler foreclosure listings for more properties in the neighboring area.



Morris Plains, NJ

As of 2011, Morris Plains's population is 5,592 people. Since 2000, it has had a population growth of 6. 74 percent. The median home cost in Morris Plains is $439,900. Home appreciation the last year has been -1. 15 percent. Compared to the rest of the country, Morris Plains's cost of living is 54. 90% Higher than the U. S. average. Morris Plains public schools spend $9,980 per student. The average school expenditure in the U. S. is $5,678. There are about 13 students per teacher in Morris Plains. The unemployment rate in Morris Plains is 7. 20 percent(U. S. avg. is 9. 10%). Recent job growth is Negative. Morris Plains jobs have Decreased by 0. 77 percent. Average Commute time is 29 minutes. The National Average is 28 minutes.

Peoplemorris-plains, njUS
Population5,592307,829,557
Pop Density2,14787
Pop Change6.74%9.34%
Median Age43.536.6
Households2,131116,329,167
Household Size2.62.58
Male Population48.63%49.31%
Female Population51.37%50.69%
Married Population61.40%47.15%
Single Population38.60%52.85%
Estimated Households By Household Incomemorris-plains, njUS
Income Less Than 15k2.35%12.10%
Income Between 15k And 25k2.64%10.18%
Income Between 25k And 35k3.81%10.56%
Income Between 35k And 50k6.50%14.98%
Income Between 50k And 75k14.27%19.53%
Income Between 75k And 100k13.65%12.52%
Income Between 100k And 150k24.20%12.14%
Income Between 150k And 250k15.49%3.91%
Income Between 250k And 500k14.78%3.34%
Income Greater Than 500k2.31%0.75%
Economymorris-plains, njUS
Unemployment Rate7.20%9.10%
Recent Job Growth-0.77%-0.12%
Future Job Growth31.26%31.25%
Sales Taxes7.00%6.80%
Income Taxes8.97%6.25%
Income Per Cap$52,468$27,067
Household Income$112,523$52,954
Housingmorris-plains, njUS
Median Home Age51.935.1
Median Home Cost$439,900$175,100
Home Appreciation-1.15%-3.15%
Homes Owned89.17%59.90%
Housing Vacant2.57%10.37%
Homes Rented8.26%29.73%
Property Tax Rate$18.49$11.20
Owner Occupied Housing Units By Valuemorris-plains, njUS
Less Than 20k0.00%2.65%
20k To 399990.00%3.76%
40k To 599990.51%4.99%
60k To 799990.51%6.01%
80k To 999990.00%7.27%
100k To 1499990.26%19.24%
150k To 1999993.70%14.67%
200k To 29999911.11%18.09%
300k To 39999925.15%9.14%
400k To 49999925.00%4.94%
500k To 74999930.76%5.42%
750k To 9999992.83%2.03%
1kk Or More0.15%1.77%
Educationmorris-plains, njUS
School Expend$9,980$5,678
Pupil Teacher Ratio1314.9
Students Per Librarian308803
Students Per Counselor617513
2 Yr College Grad7.35%7.47%
4 Yr College Grad30.79%17.42%
Graduate Degrees22.92%10.12%
High School Grads95.12%84.72%
Crimemorris-plains, njUS
Violent Crime14
Property Crime14
Housing Units By Year Structure Builtmorris-plains, njUS
1999 To 20059.45%13.71%
1995 To 19980.93%8.54%
1990 To 19941.32%5.77%
1980 To 19899.72%13.87%
1970 To 19798.44%16.17%
1960 To 196915.83%11.70%
1950 To 195926.74%11.08%
1940 To 19497.71%6.02%
1939 Or Earlier19.86%13.15%

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