πŸ”₯πŸ”₯SINGLE FAMILY INVESTMENT OPPORTUNITY IN ESSEX COUNTY NJπŸ”₯πŸ”₯

Essex County, East Orange, NJ, 07018
Sold
Listed at: April 20th, 2024
Price
$325,000
ARV
$600,000
Gross Margin
$275,000
Sq. Footage
1886
Type
Single-Family
Parking
Driveway
Year build
1925
Lot size
0.09 acres
Bedrooms
6
Bathrooms
3
Half Bathrooms
0
Summary

116 Sanford St, East Orange, NJ 07018 - Can be covered to multi-family

 

πŸ”₯πŸ”₯ Investment Analysis: πŸ”₯πŸ”₯

Starting Price: $365,000 πŸ”₯πŸ”₯

Estimated Renovation Costs: $100,000 - $115,000

Projected ARV (After Repair Value): $570,000 - $633,000

Potential Profit: Up to $153,000

6 Beds 3 Bath

The property will be delivered VACANT

 

Comps:

44 Fulton St, East Orange City, NJ 07017: 5 Beds 3.5 Bath $633,000 | 1,912 SQ
178 Rutledge Ave, East Orange, NJ 07017: 6 Beds 3.5 Bath $590,000 | 2,082 SQ
13 Essex St, East Orange, NJ 07017: 4 Beds 3.5 Bath $562,000 | 1,628 SQ
172 Freeman Ave, East Orange, NJ 07018: 4 Beds 2.5 Bath $550,000 | 1,219 SQ
148 Freeman Ave, East Orange, NJ 07018: 4 Beds 2.5 Bath $540,000 | 1,582 SQ

 

NOTE: Legal Action will be taken against anyone who contacts the Seller directly Backdraft Home Solutions has a contract direct with Seller and Escrow has been opened. House is being sold as-is, and buyer is to pay closing costs & escrow fees for both Buyer & Seller side. No representations written or oral are made concerning the properties above. Buyer Must Submit non-refundable EMD within 24 hours after deadline. Buyers to do their own independent due diligence. We make no guarantees concerning property condition, value, characteristics or financial benefits. Look forward to hearing from you. Service | Integrity | Dependability

NOTE: Legal Action will be taken against anyone who contacts the Seller directly Backdraft Home Solutions has a contract direct with Seller and Escrow has been opened. House is being sold as-is, and buyer is to pay closing costs & escrow fees for both Buyer & Seller side. No representations written or oral are made concerning the properties above. Buyer Must Submit non-refundable EMD within 24 hours after deadline. Buyers to do their own independent due diligence. Goaline Homes members or employees make no guarantees concerning property condition, value, characteristics or financial benefits. Look forward to hearing from you. Service | Integrity | Dependability
Videos

1st | 2nd | 3rd floor

Basement

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

Rasheed Anderson

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Disposition manager