*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.
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 |