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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.
203 E Edgewater Ave, Pleasantville, NJ 08232
Fix and Rental
Wholesale Price: $123,700
Rehab Cost: $70,000
After Repair Value: $234,700
Yearly Net Cash Flow: $19,538
Cash On Cash Return: 9.25%
Cap Rate: 8.32%
Property Information
Building Type: Single Family Home
Beds: 3
Baths: 2
Property SF: 1,232
Real Estate Tax: $3,562
Vacant: Yes
Owner Occupied: No
Parking: no garage
Construction Details:
Roof: Concrete Shingles
Electric: OK
Heating: Forced Air
Plumbing: Copper
Laundry: yes
Sewer: Public Sewer
Water: Public
Zoning: Residential
Projected Financials:
The following pro-forma is based on stabilized property occupancy. Expenses and profits were derived from market research.
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) |
| 68 E Wright St Pleasantville NJ |
235,000.00 | 1/5/2023 | 1949 | 1,311 | 5,223 | 0.14 |
| 709 Prospect Ave Pleasantville NJ |
220,000.00 | 2/1/2023 | 1959 | 1,322 | 5,881 | 0.22 |
| 11 S Chester Ave Pleasantville NJ |
243,000.00 | 3/21/2023 | 2008 | 1,408 | 3,419 | 0.47 |
| 152 Maple Ave Pleasantville NJ |
255,000.00 | 1/5/2023 | 2002 | 1,232 | 6,299 | 0.49 |
| 68 E Washington Ave Pleasantville NJ |
273,000.00 | 3/7/2023 | 1890 | 1,340 | 5,092 | 0.51 |
| 22 S 4th St Pleasantville NJ |
185,000.00 | 2/23/2023 | 1927 | 876 | 3,598 | 0.66 |