127 Bergen St – Hackettstown Assigned

  • $211,000
  • 3 beds
  • 1.5 baths
  • 1,289 sqft

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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.

127 Bergen St Hackettstown, NJ 07840 

 

Fix and Flip

Wholesale Price: $211,000
Rehab Cost:   $80,000
After Repair Value: $425,000
Projected Net Profit: $67,485

Property Information

Building Type: Single Family Home 
Beds: 3
Baths: 1.5
Property SF: 1,289
Real Estate Tax: $7,016 
Vacant: Yes
Owner Occupied: No
Parking: Yes

Construction Details: 

Facade and Exterior: Bricks
Roof: Shingle
Electric: Circuit Breakers
Heating: Forced Air – oil
Plumbing: PVC
Laundry: No
Sewer: Septic
Water: Public Water
Zoning: Residential

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

Fix and Flip

Investment Type                                                             Cost                                 

Wholesale Price                                                             $211,000 
Rehab Cost                                                                      $80,000
Estimated closing costs                                                $7,939
Estimated holding costs                                               $11,909
Estimated selling costs (5% of ARV)                         $21,250
Total Initial Investment:                                        $332,098

Net Profit Calculation                                                                                    

Estimated After Repair Value                                     $425,000
Total Estimated Investment                                       $332,098
Projected Net Profit:                                                      $92,902

Comparables from the MLS used to determine ARV

Average Cost/SQFT: $307.97
Average Sold Price: $425,000.00
After Repair Value: $425,000.00
Address Price Sold Sold Date Size (sf) Year Built Price per sf Distance from
subject
property (mi)
203 E BALDWIN ST
HACKETTSTOWN, NJ
425,000.00 7/13/2022 1380 1953 307.97 0.27

 

 

 

 

 

Price:
$211,000
Address:
127 Bergen St
Hackettstown, NJ 07840
Square Feet:
1,289
Lot Size:
8,790
Bedrooms:
3
Bathrooms:
1.5
Terms:
Assignment of Contract
Property Type:
Home
Year Built:
1915
Const. Type:
Single Family Home

Call (609) 807-1497 for more details

Property Location