💼 Investment Opportunity: 1688 K St, Wall Township, NJ 07719

Monmouth County, Wall Township, NJ, 07719
Sold
Listed at: October 20th, 2023
Price
$380,000
ARV
$520,000
Gross Margin
$140,000
Sq. Footage
840
Type
Single-Family
Parking
Driveway
Year build
1900
Lot size
3500.00 acres
Bedrooms
2
Bathrooms
1
Half Bathrooms
0
Summary

Unlock the potential for a smart investment with 1688 K St in highly desirable Wall Township, NJ.

This property presents an exceptional opportunity for investors looking to enhance their real estate portfolio with a property that boasts strong income potential and future appreciation.

big potential in this small house. Who wants to live or retire by the beach!


SALE PRICE - 380K

ARV - 520K

REPAIRS - 60K QUALITY FINISH

PROFIT MARGIN - 130K


Investment Highlights:

🏠 Property Type: Single-Family Home

🛏️ Bedrooms: 2

🛁 Bathrooms: 2.5

📐 Square Footage: Approximately 870 sq. ft. LOT SIZE 3500SQFT

📊 ROI Potential: High

🏢 Rental Income: Attractive

📍 Location: Prime residential area

Description:

This spacious single-family home is more than just a family oasis; it's a fantastic investment opportunity. The property's size and layout make it ideal for generating consistent rental income, offering four bedrooms and modern living spaces.

Wall Township's strong rental market and highly desirable location make this property an attractive option for investors. The backyard and patio space create opportunities for outdoor amenities, increasing rental appeal and rates.

Location:

Wall Township is a highly sought-after location, offering easy access to top-notch schools, beaches, shopping, and dining. It's a community known for its stability and desirability, ensuring a strong pool of potential tenants.

This is an opportunity you won't want to miss if you're expanding your real estate investment portfolio. This property offers the potential for both immediate cash flow and long-term appreciation.



PROPERTY ADDRESS - 1688 K ST, WALL TOWNSHIP NJ 07719 - NEAR BEACHES


BEDROOMS - 2

BATH - 1

ST FT - 870

LOT SIZE - 3500

YEAR BUILT - 1900

PROPERTY TYPE - SFH

TENANT STATUS - WILL BE DELIVERED VACANT!


SALES COMPS AND DATES

2 bd1 ba-- sqft

746 19th Avenue, Belmar, NJ 07719

Sold: $530,000Sold on 10/13/22Zestimate®: $557,600


$295,000 5 bd3 ba - 1033 University Place, Schenectady, NY 12308


3 bd 2 ba 886 sqft

1697 Ellsworth Street, West Belmar, NJ 07719

Sold: $520,000Sold on 04/19/23Zestimate®: $529,500



3 bd2 ba-- sqft

1718 K Street, West Belmar, NJ 07719

Sold: $575,000Sold on 06/30/22Zestimate®: $614,200



ZILLOW RENTAL COMPS


$2,300/mo2 bd1 ba850 sqft

1008 17th Ave, Wall Township, NJ 07719


$2,550/mo2 bd1 ba1,000 sqft

1113 6th Ave, Wall Township, NJ 07719


$2,600/mo2 bd1 ba1,000 sqft

1254 Pine Tree Way, # 1, Belmar, NJ 07719



3D Walkthrough
Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Jay Henriquez

No reviews

Disposition manager