Commercial-Real-Estate Non Performing Note in NEW-JERSEY with Principal Balance of $586,962.00

Bloomsbury, NJ

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Loan Information

Product ID:

0006836

Note Position:

1^st Mortgage/Deed of Trust

Payment History Type:

Non Performing

Paid To:

07/01/2009

Loan Maturity:

11/01/2030

Loan Type:

Commercial Real Estate

LTV Ratio:

85.374%

Original Loan Amount:

$627,500.00

Principal Balance:

$586,962.00

Est. Market Value:

$735,000.00

Valuation Type:

Current Appraisal

Valuation Date:

01/18/2011

Note Rate:

7.890%

Sold Rate:

7.890%

Payment Information

Funding Date:	10/18/2005	Payments:	Monthly
Next Payment Due:	08/01/2009	1st Amt. Payment:	$4,788.00
Taxes Due:	$0.00	Loan Charges:	$0.00
Late Charge Days:	15	Unpaid Interest:	$0.00
Late Charge:	$5.00

This property is located in Hunterdon County New Jersey. It is literally 1 mile from Interstate Route 78. The building sits on 1.33 acres. It consists of aprroximately 22, 292 sq ft of gross building area. It includes approximately 1,750 (7.85%) sq ft of office and break room space. Clear ceiling height in the industrial warehouse is 28 feet. Motivated Seller!

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