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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.
143 Main St Cedarville, NJ 08311
Fix and Flip
Wholesale Price: $153,182
Rehab Cost:   $97,405 
After Repair Value: $341,195 
Projected Net Profit: $56,299 
Property Information
Building Type: Single Family Home 
Beds: 5
Baths: 2.5
Property SF: 2,783
Real Estate Tax: $5,625
Vacant:  Yes
Parking: Driveway
Construction Details:
Facade and Exterior: Wood Siding 
Roof: Shingles 
Electric: Breakers 
Heating: Oil Heat – (Tank in basement) Hot Water baseboard heat.  
Plumbing: Copper 
Laundry: Yes  
Water: Well 
Sewer: Septic 
Zoning: Residential 
Fix and Flip
Investment Type Cost
Wholesale Price                                                             $153,182 
Rehab Cost                                                                         $97,405 
Estimated closing costs                                                  $6,900 
Estimated holding costs                                               $10,350 
Estimated selling costs (5% of ARV)                         $17,059 
Total Initial Investment:                                          $284,896 
Net Profit Calculation
Estimated After Repair Value                                     $341,195
Total Estimated Investment                                       $284,896  
Projected Net Profit:                                                      $56,299 
Comparables from the MLS used to determine ARV
Average Cost/SQFT:$122.60 
Average Sold Price:$240,666.67
After Repair Value:$341,195.80
| Address | Price Sold | Sold Date | Size (sf) | Year Built | Price per sf | Distance from subject property (mi) | 
| 18 SHEPPARD AVE CEDARVILLE, NJ | 242,000.00 | 11/4/2021 | 1656 | 1956 | 146.14 | 0.14 | 
| 2 SHEPPARD DAVIS RD CEDARVILLE, NJ | 265,000.00 | 5/13/2022 | 1974 | 1996 | 134.25 | 0.36 | 
| 360 MAIN ST CEDARVILLE, NJ | 215,000.00 | 9/2/2021 | 2460 | 1950 | 87.4 | 0.9 | 
 
             
                     
               
               
               
               
               
               
               
               
               
               
               
               
               
               
               
               
               
             
             
             
             
             
             
             
             
             
             
             
             
             
             
             
            