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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.
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
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
subject 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 |