247 PALM RD MILLVILLE, NJ 08332

Located in Laurel Lake, this 3BR rancher with wood burning stove and fenced in back yard has lots of potential. Disclosures/ Repairs - Disclosures: All showings are subject to the states COVID-19 orders, recommendations, guidance, MLS board guidelines, and all CDC and local health mandates and/or guidance regarding listing showings, Buyer is responsible for determining property's water source and sanitary system or sanitary sewer public provider, Property is NOT located in a FEMA Special Flood Hazard Area but is listed as a moderate to low flood risk or may be located in close proximity to a special Flood Hazard Area. It is the buyers responsibility to verify additional information regarding flood zones and insurance, State law requires Smoke/ Carbon Monoxide detectors be installed for properties having combustible fuel heaters/furnaces, fireplaces, hot water heaters, clothes dryers, cooking appliances, or an attached garage, but seller (HUD) is exempt from this requirement as a Federal Entity, Uses a septic system and a private well. Any required system repairs will be the buyer's expense. FHA uninsurable due to appraiser was unable to locate septic system to ascertain if it meets HUD's septic to well distance guidelines, Estimated remaining economic life is below 30 years, Needed repairs: Repair all damaged eaves. Remove moss from roof and inspect, Repair the well enclosure unit at the rear exterior wall and paint, Repaint the front porch wood and eaves, The HOA charges an annual Dam Surcharge of $31.99 and an annual Work Assessment of $85.30. The HOA offers an optional Pier Rental, which costs $143.94 annually. There is a one-time Dam Maintenance fee of $100, plus another $100 the first year if the buyer rents a pier site. There is a one-time Watercraft Registration fee of $7.00 for each non powered boats (plus tax) and $5.00 for each Power Boat (plus tax). Members who volunteer for a minimum of 10 hours work assessment receive an $80.00 discount toward dues for the following year. Buyer to verify all information, HOA : Association : Annually : Dues : $170.60 : Laurel Lake Property Owners Associaton. Commission: Listing Broker 3% of purchase price, Selling Broker up to 3% of purchase price. Year built: 1960. Approx. Sq Footage: 1008. LBP