🚀 Bloomfield NJ | 3 Bed, 1 Bath SFR | Details for Fix & Flip Below 🏚️

Essex County, Bloomfield, NJ, 07003 view full address
For Sale
Listed at: October 1st, 2024
Price
$399,000
ARV
$625,000
Gross Margin
$226,000
Sq. Footage
1590
Type
Single-Family
Parking
Driveway
Year build
1910
Lot size
0.11 acres
Bedrooms
3
Bathrooms
1
Half Bathrooms
0
Summary

🚀 Bloomfield NJ | 3 Bed, 1 Bath SFR | Details for Fix & Flip Below 🏚️

This 3-bedroom, 1-bathroom single-family home offers a prime investment opportunity for those looking to capitalize on a distressed property in Bloomfield NJ.The home is 1,590 sqft and sits on a solid foundation, but it's ready for a complete makeover.

The property will be delivered vacant upon closing, making it an ideal project for an investor ready to step in and transform this home. With a forced hot air heating system (natural gas), a brand new furnace and water heater, and public utilities, some of the more expensive items have already been addressed.

 

🏡 Key Property Hightlights 🏡

3 bedroom, 1 full bath

New furnace and hot water heater (both less than 5 years old)

House roof age: 5 to 10 years

Gargae roof age: less than 5 years

No oil tank (removed)

Basement is unfinished and offers additional space

 

👷‍♂️ Invesment Potential 👷‍♀️

This property offers a great chance for a full renovation and flip or as an addition to your rental portfolio. There are ample opportunities to add value, with updates needed throughout the home.

 

✔️ Delivered Vacant ✔️

The property will be delivered vacant, providing immediate access for renovations. This ensures a smooth transition for investors looking to start their project without delay.

 

⛽️ Utilities ⛽️

Water: Public

Sewer: Public

Heating: Forced hot air (natural gas)

Colling: Window AC Units

 

ASKING: $399k

 

SOLD ARV COMPS


112 Maolis Avenue, Bloomfield, NJ 07003- SOLD $745,250

177 Washington St, Bloomfield Twp., NJ 07003-2406- SOLD $729k

96 N Fulton St, Bloomfield Twp., NJ 07003-2212- SOLD $706k

10 Ward Street, Bloomfield Twp., NJ 07003-2518- SOLD $645k

52 Morse Ave, Bloomfield Twp., NJ 07003-2220- SOLD $616k

32 Charles St, Bloomfield Twp., NJ 07003-4710- SOLD $555k

 

 

📲Please TEXT/CALL Nick Walsh at 908-499-9128 if you would like to be updated as soon as we have pictures and access.📲

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

Nicholas Walsh

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