🔥🏡 Single Family Home, Newark NJ (Upper Vailsburg)

Essex County, Newark, NJ, 07106
Sold
Listed at: September 25th, 2022
Price
$270,000
ARV
$400,000
Gross Margin
$130,000
Sq. Footage
3358
Type
Single-Family
Parking
Driveway
Year build
1929
Lot size
0.08 acres
Bedrooms
4
Bathrooms
1
Half Bathrooms
0
Summary

4 Bedroom, 1 Bathroom Home ready to rent or flip in Upper Vailsburg.


This home has a new roof and solar panels that were installed this past year. A long driveway (plenty of off-street parking) paired with a large, fenced-in yard will make a great home or rental.


There are multiple bonus rooms in the property (1 on the ground floor and two in the basement) that can be used for an office, nursery, storage, or small bedrooms.


The included comps are for rehabbed properties, indicating a resale value between $405-$425. However, I'm also including some 'as-is' comparables that justify an 'as-is' resale of approximately $325k: i) 44 Ivy St and ii) 23 Commonwealth Ave


3D Tour Here

Do not attempt to contact seller directly. Do not attempt to see the property without discussing with disposition team.
3D Walkthrough
Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

John Maretti

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Disposition manager