1102 Evergreen Blvd. Browns Mills Pending

  • $71,400
  • 4 beds
  • 2 baths
  • 1,750 sqft

*To expand the pictures and see them in HD Please click on the large photo.

Wholesale Investment Property 

All Properties are normally sold within 14 days from the date listed. Please check the status of the unit with us before beginning research on properties older than 14 days.

This property information is Strictly for Real Estate Acquisitions Co. Investors and associates only.

This property is available for purchase only with Cash, Hard Money, or Private Money.

1102 Evergreen Blvd Browns Mills, NJ 08015

Fix & Flip

Wholesale Price: $71,400
Rehab Cost: $100,000
After Repair Value: $240,000
Projected Net Profit: $42,000

Property Information

Building Type: Single Family Home
Bedrooms: 4
Bathrooms: 2
Square footage: 1750
Real Estate Tax: $4,257
Vacant: Yes
Parking: Driveway

Construction Details

Facade and Exterior: Siding
Roof: Shingles
Electric: Breakers
Heating: Oil – Tank in crawl space.
Plumbing: Copper
Laundry: Yes
Public Water: Yes
Public Sewer: Yes
Zoning: Residential

Projected Financials:  The following proforma is based on stabilized property occupancy Expenses and profits were derived from market research.

Fix and Flip

Investment Type                                                    Cost                                 

Wholesale Price                                                       $71,400  
Rehab Cost                                                                    $100,000
Estimated closing costs                                              $4,800
Estimated holding costs                                             $9,600
Estimated selling costs (5% of ARV)                       $12,000
Total Initial Investment:                                     $197,800 

Net Profit Calculation                                                                                    

Estimated After Repair Value                               $240,000 
Total Estimated Investment                                  $197,800
Projected Net Profit:                                               $42,200 

Comparables from the MLS used to determine ARV

Address Price Sold Sold Date Size (sf) Year Built Price per sf Distance from
subject
property (mi)
1100 EVERGREEN BLVD
BROWNS MILLS, NJ
166,920.00 2/19/2020 1400 2004 119.22 0.02
357 GARDEN AVE
BROWNS MILLS, NJ
205,000.00 10/15/2020 1080 1974 189.81 0.03
410 GARDEN AVE
BROWNS MILLS, NJ
195,500.00 10/15/2020 1080 1976 181.01 0.04
411 DENNIS AVE
BROWNS MILLS, NJ
135,149.00 10/8/2020 1080 1971 125.13 0.06
444 GARDEN AVE
BROWNS MILLS, NJ
206,000.00 8/31/2020 1300 1988 158.46 0.09
443 GARDEN AVE
BROWNS MILLS, NJ
162,000.00 5/6/2020 1080 1974 150 0.1
319 DENNIS AVE
BROWNS MILLS, NJ
185,000.00 4/23/2020 1288 1987 143.63 0.1
219 JUNIPER AVE
BROWNS MILLS, NJ
179,900.00 6/23/2020 1080 1969 166.57 0.14
49 ORANGE AVE
BROWNS MILLS, NJ
155,000.00 5/28/2020 1080 1971 143.51 0.18
216 EAGLE AVE
BROWNS MILLS, NJ
232,500.00 10/16/2020 1464 2001 158.81 0.21
234 GARDEN AVE
BROWNS MILLS, NJ
245,000.00 11/12/2020 1768 1971 138.57 0.23
601 EVERGREEN BLVD
BROWNS MILLS, NJ
155,000.00 8/16/2020 1012 1976 153.16 0.24
703 HUNTER BLVD
BROWNS MILLS, NJ
186,000.00 10/14/2020 1008 1975 184.52 0.26
111 APPLE AVE
BROWNS MILLS, NJ
200,000.00 5/1/2020 1458 1968 137.17 0.27
326 SNOW AVE
BROWNS MILLS, NJ
195,000.00 9/15/2020 1080 1967 180.55 0.29
Average Cost/SQFT: $153.57 
Average Sold Price: $186,931.27 
After Repair Value: $240,000.00 
Price:
$71,400
Address:
1102 Evergreen Blvd
BROWNS MILLS, NJ 08015
Square Feet:
1,750
Lot Size:
8,000
Bedrooms:
4
Bathrooms:
2
Terms:
Assignment of Contract
Property Type:
Home
Year Built:
1960
Const. Type:
Single Family Residence

Call (609) 807-1497 for more details

Property Location