Wholesale

$90,000 Equity

264 Hurffville Grenloch Rd, Sewell, NJ 8080

$243,000 After Repair Value -
$160,000 Asking Price -
$42,800 Cost of Repairs =
$40,200 Potential Profit

Property Details

Asking Price $160,000

After Repair Value $243,000

Costs of Repairs $42,800

Potential Profit $40,200

Living Area 1,905 ft2

Property Type Single Family House

Bedrooms 4

Bathrooms 2

Half Bathrooms 0

Parking 0

Listed with Agent Yes

Property Description

THE SUBJECT IS LOCATED TO THE SOUTH BY SUBJECT CONVENIENTLY LOCATED TO SCHOOLS, PUBLIC FACILITIES, AND SHOPPING. AREA CONSIDERED STABLE. NO PHYSICAL ADVERSE NEIGHBORHOOD CONDITIONS NOTED. AREA OFFERS A WIDE RANGE OF EMPLOYMENT OPPORTUNITIES. VALUES APPEAR STABLE. INTEREST RATES OVER THE PAST 30 DAYS HAVE INCHED UPWARD. ALL TYPES OF FINANCING ARE AVAILABLE, FHA, VA AND CONVENTIONAL. AVAILABLE PROPERTY SUPPLY IS LESSENING HOWEVER A SLIGHT OVERAGE STILL EXISTS THIS TIME OF APPRAISAL. AVERAGE PROPERTY VALUES HAVE CONTINUED TO DECLINE 4.1% (NJMLS
2016/2017). LISTINGS OF THE SUBJECT TYPE AND PRICE RANGE ARE CURRENTLY SELLING IN 31-99 DAYS GIVEN PROPER EXPOSURE.

Repairs Needed

New kitchen and 2 baths. New paint and trim work. Repair fence and exterior light pole. Minor drywall work in basement. New flooring on main level.

CONTACT LISTING OWNER

Jaroslaw Stankiewicz

Free Member

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