Huge house with low price!

6 Jason Cir, Penns Grove, NJ 8069

$280,000 After Repair Value -
$172,995 Asking Price -
$40,000 Cost of Repairs =
$67,005 Potential Profit

Property Details

Asking Price $172,995

After Repair Value $280,000

Costs of Repairs $40,000

Potential Profit $67,005

Living Area 3168 ft2

Property Type Single Family House

Bedrooms 4

Bathrooms 3

Half Bathrooms 0

Parking 1

Listed with Agent No

Property Description

Property comes with 4 bedrooms, 3 baths and 3,168 Sqft of living space. House was built in 2006 and its in pretty good shape. Will need about $40k worth of TLC to Flip, most of it is cosmetics work.

Note: Based on comps below the average property sales for about $89 per Sqft. The subject property has about 3,168 Sqft of living space. $89 x 3,168 Sqft = $281,952 Est. Value

Comps:

(1) 60 Norman Ave Sold for $254k on 01/08/19 (4bed 4.5baths 3,186 Sqft $80 per Sqft)
(2) 110 Fenton Dr Sold for $220k on 07/21/18 (5bed 2.5baths 2,460 Sqft $89 per Sqft)
(3) 40 Delaware Ave Sold for $218k on 11/26/18 (4bed 2bath 2,646 Sqft $82 per Sqft)
(4) 96 Fenton Dr Sold for $208k on 12/07/18 (4bed 2.5baths 2,018 Sqft $103 per Sqft)
(5) 46 Maplewood Ave Sold for $205k on 12/03/18 (3bed 4baths 2,180 Sqft $94 per Sqft)

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