A number of properties were sold last week at Sheriff Sale foreclosure auctions. All of them well below the judgment price.
31 B South Maple Ave, Park Ridge NJ - had a winning bid of $57,600, much less than the $184,874.05 judgment awarded to Wachovia Bank. The 1,449 sq ft condo last sold in 2008 for $345,000.
104 Munn Ave, Teaneck, NJ - received a winning bid of $193,000. The 1,146 sq ft home sits on a 4,000 sq ft lot. It was last sold in 2005 for $350,000. Zillow estimates the value at around $277k. The foreclosure judgment was for $314,210.60.
81-83 Brook St, Bergenfield NJ - received a winning bid of $226,000. About half of the $459,462.56 foreclosure judgment awarded to IndyMac. This 1810 sq ft two-family home sits on a 4560 sq ft lot at the end of a dead end street and was last sold for $425k in 2004.
130 Wallace St, Red Bank NJ - received a winning bid of $242,000, about 58% of the $418,935.81 foreclosure judgment awarded to CitiMortgage. The 1,652 sq ft home built in 1925 sits on a 18k sq ft log and was last sold in 2007 for $427k.