1403 Trenton Harbourton Rd – Pennington – Project for Developer Assigned

  • $339,930
  • 3 beds
  • 1 baths
  • 1,344 sqft

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Wholesale Investment Property 

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

1403 Trenton Harbourton Rd. Pennington, NJ 08534

Project for Developer: Property Comps is based from 1,600 sqft. by adding an additional bedroom.

Fix and Flip

Wholesale Price: $339,930
Rehab Cost:   $66,000
After Repair Value: $562,000
Projected Net Profit: $90,000

Property Information

Building Type: Single Family Home 
Beds: 3
Baths: 1.5
Property SF: 1,344
Real Estate Tax: $10,834
Parking: 2 Attached Garage spaces

Construction Details: 

Roof: Concrete Shingles
Electric: OK
Heating: Forced Air 
Plumbing:  Copper
Laundry: yes
Sewer: On Site Septic
Water: Well
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                                          $339,930
Rehab Cost                                                       $66,000
Estimated closing costs                                –
Estimated holding costs                               $4,000
Estimated selling costs (5% of ARV)     $28,100
Total Initial Investment:                       $438,030

Net Profit Calculation                                                                                    

Estimated After Repair Value                  $562,000
Total Estimated Investment                    $438,030
Projected Net Profit:                                  $123,970


Comparables from the MLS used to determine ARV

Address Price Sold Sold Date Size (sf) Year Built Price per sf Distance from


property (mi)

225 Pleasant Valley Rd

Titusville NJ

550,000.00 6/6/2023 1955 1,506 23,087 0.39
1263 Bear Tavern Rd

Titusville NJ

690,000.00 5/12/2023 1956 2,380 29,621 1
645 Scotch Rd

Pennington NJ

750,000.00 3/30/2023 1952 2,200 78,408 1.81
Average Cost/SQFT: $365
Average Sold Price: $550,000
After Repair Value: $562,000.00
1403 Trenton Harbourton Rd
Pennington, NJ 08534
Square Feet:
Lot Size:
Assignment of Contract
Property Type:
Year Built:
Const. Type:
Single Family Residence

Call (609) 807-1497 for more details

Property Location