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| AUCTION ID #: 455025 |
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| 2 Lots Almost Lake Front near NEW YORK CITY |
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| Final Bid: |
USD $0 |
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| Number of Bids: |
0 |
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| Your Bid Status: |
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| Reserve: |
No Reserve! |
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| Status: |
Closed |
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| Auction Started: |
07-29-10 08:41 PM ET |
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| Auction Closed: |
08-03-10 08:41 PM ET |
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This auction has been amended by the Seller on Aug 02, 2010 at 11:49 PM prior to any bids being placed.
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| Item Specifics |
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Address |
Stroudsburg, PA 18301 United States |
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Display Maps
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Yes
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| Asset Description |
| Item Specifics |
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Address |
4 Nipper Road
East Stroudsburg, PA 18301
United States |
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Legal Description |
09/14a/2-7/4 |
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Lot Size |
0.24 acres |
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Amenities |
lake,sand beach |
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Zoning |
residential |
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Display Maps |
Yes |
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| Asset Description |
ALMOST LAKEFRONT!

Looking at the lake near the property.
For Sale: TWO lots that are almost lakefront! Get two lots for the price of one! This douple lot is just a few steps away from the lake. The property is located in a private community called Monroe Lakes. Lots in Monroe Lake are zoned single family residential. Utilities are available at the street, and there are already many houses nearby. The property is free and clear of any municipal, mortgage or tax liens.

ADDRESS:
Lot 4 and Lot 6, Nipper Road
TAX MAP NUMBER:
9/14A/2-7/4
APPROX. SIZE:
0.24 acres |
PRIVATE COMMUNITY: Monroe Lakes
UTILITIES:
electric, phone, cable TV,
sewer by septic, water by well.
AMENITIES:
Lake, sand beach |
Monroe Lakes has an excellent location. It's situated in the beautiful Pocono Mountains, only a few miles north of East Stroudsburg and very close to the Delaware Watergap National Park (which is the state line to New Jersey.)

Boat access near the lot.

Looking at the lake just a few steps away from the lot.

The corner of Morris Road and Nipper Road. Looking west.

Nipper Road, looking north-east towards the lake.

View of the lot.

View of the lot.

A nice new home near the lot.

A nice new home near the lot.

The waterfall and main entrance of the nearby Mount Airy Casino Resort.

One of several new malls in nearby East Stroudsburg.

One of many nearby restaurants in East Stroudsburg.

One of many nearby restaurants in East Stroudsburg.

One of many nearby restaurants in East Stroudsburg.
The Pocono Mountains are a popular tourist destination near New York City and Philadelphia. The Poconos are one of the most beautiful areas in the eastern United States, offering many crystal clear lakes to go swimming in the summer, ski resorts for winter fun, honeymoon resorts, golf courses, and the same amazingly colorful autumn foliage that has made Indian Summer in New England world famous.
Monroe Lake is just a short drive from many of the Pocono's tourist attractions:
Mount Airy Casino Resort
Dozens of world-class Golf courses
Delaware Water Gap national recreation area
Bushkill Waterfalls
Monticello Casino and Racetrack (NY)
Caesars Pocono Resorts
Fernwood Resort
PocMont Resort
Great Wolf Lodge Indoor Waterpark
Camelbeach Waterpark
Camelback Ski Resort
Jack Frost & Big Boulder resorts
The Crossings outlet mall
Pocono Raceway (NASCAR)
Tanglewood Ski Area
Lake Wallenpaupack (the largest Motor Boat lake in PA besides Lake Erie!)
The Delaware river separates Pennsylvania and New Jersey, so someone who lives in Monroe Lake is not much further from New York City than commuters who live in New Jersey or Connecticut and drive to work in New York each day.
The Pocono region lays on the edge of the greater New York City metropolitan area and is by far the fastest growing area in PA. Monroe County and neighboring Pike County, are growing faster than any other county in the greater New York City area, including New York, New Jersey, Connecticut and Pennsylvania! In fact, a few short months ago, Pike County was on place 85 of the top 100 fastest growing counties in America. (The United States has 3,086 counties.) But recently Pike County jumped from place 85 up to place 72 in the top 100! This area is booming!
Another reason why the Pocono region is going to continue to grow rapidly is the Wall Street West project. Many Wall Street banks and financial companies are planning to move backup offices into the Poconos, which is not part of the same power grid as New York City. In the event of a major blackout or terror attack, the backup offices in the Poconos will assure that the companies can continue to function. This project will bring over 1,300 very high paying Wall Street jobs to the Poconos and property prices are expected to rise dramatically.
While America's population grows and urban sprawl spills out over the landscape, those fortunate enough to own land on the edges of metropolitan areas like New York City can realize huge profits from their land ownership by selling once they are overtaken by the relentless urban expansion.
There is a limited amount of land in America, but not a fixed amount of people to live on and use it. The net population of the United States increases by 1 person every 10 seconds. That means every day this country grows by 8640 people - but not by one additional inch of land. In just the 10 short days that this property is up for auction, 86,400 people will add themselves to our swelling ranks, and every single one will occupy additional space from the existing, unchanging amount available.
This is a georgious piece of land in an excellent vacation or commuter neighborhood. The lucky winner of this auction is going to get a great deal. Good luck!
Auction terms:
You are bidding on the full purchase price of TWO properties together, not just a down payment.
There will be a $250 shipping/documentation fee in addition to the winning bid, which covers deed preparation, deed recording and the real estate transfer tax required by PA law.
After I receive your payment I will have the new deed prepared and recorded in your name. I will bring the deed to the recorder of deed's office to have it recorded for you. I will send you a photocopy of the deed along with a receipt from the recorder of deed's office as proof for your records. After about 3 to 4 weeks you will receive the original deed straight from the recorder of deed's office.
This is a binding auction. Serious bidders only. Do not bid unless you are able and willing to follow through on your bid. Payment must be made within 72 hours after auction end. Deadbeat bidders will be reported. Please e-mail any questions BEFORE the end of the auction. Seller will not answer questions about the property after the auction closes. Seller reserves the right to end the auction early if a reasonable offer is made. Buyer will be responsible for this year's community dues and any backdues there may be. Buyer must do his own due diligence BEFORE placing a bid, not after. Although the information about this property is believed to be accurate, its accuracy or completeness cannot be guaranteed. You are encouraged to go see the lot in person. Property to be sold as is, where is. Sale is final.
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| Maps & Area Information |
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| Additional Details | | For more information about this asset including photos, specs and more (when available), click here. |
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PLEASE READ CAREFULLY- Bid4Assets Real Estate Buyer Responsibilities
Some sellers buy large "pools" of under-valued properties from banks. The seller may not inspect every property prior to sale. The seller represents these properties to the best of their knowledge. In some rare cases, property may have severe damage or be subject to county/city orders not described in the auction. It is highly recommended that interested bidders arrange for an external inspection personally or through a designate and that they contact the county or city in which the property is located to confirm the status of the property.
Bid4Assets reminds all potential real estate bidders that it is your responsibility to complete all due diligence needed to determine the condition, market value, or investment value of this asset prior to placing a bid. Necessary due diligence items may include, but are not limited to, a) a satisfactory inspection of the property b) completion of a title search c.) investigating back property taxes and D.) other - liens and encumbrances such as unpaid utility bills.
By placing a bid, you acknowledge that any statements made by the seller about the condition or market value of the property are subjective, and do not release you from your responsibility to perform due diligence. Please contact Bid4Assets if you believe that a seller is intentionally misrepresenting a property in their auction.
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| Settlement Requirements |
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This auction requires that the winning bidder pay a Buyer's Premium of 10.00% of the winning bid amount. (The Buyer's Premium covers the costs associated with the auction).
This amount will be added to the winning bid and will be included in the total purchase price paid by the Buyer to the Seller.
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| Certified/Cashier's CheckWire Transfer |
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