30 Woodside Ave – Trenton NJ For Sale

  • $128,177
  • 3 beds
  • 2.0 baths
  • 1872 sqft

Wholesale Investment Property 

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30 WOODSIDE AVE TRENTON, NJ 08618

Fix & Flip

Wholesale Price:  $128,177 
Rehab Cost:  $25,000 
After Repair Value: $202,363 
Projected Net Profit: $30,974 

Property Information
Building Type: SINGLE FAMILY RESIDENCE
Bedrooms: 3
Bathrooms: 2.0
Square footage: 1872
Lot size: 7,200
Real Estate Tax:  $6,693
Occupancy: Vacant
Parking: Yes

Construction Details
Facade and Exterior: Wood
Roof: Singles
Electric: Breakers
Heating: Hot water
Plumbing: Copper
Laundry: Yes
Zoning: Residential

Projected Financials:  The following proforma is based on stabilized property occupancy Expenses and profits were derived from market research.

Fix and Flip

Investment Type                                                    Cost                                 

Wholesale Price                                                       $128,177  
Rehab Cost                                                                $25,000
Estimated closing costs                                          $4,047
Estimated holding costs                                         $4,047
Estimated selling costs (5% of ARV)                   $10,118
Total Initial Investment:                                         $171,389  

Net Profit Calculation                                                                                    

Estimated After Repair Value                               $202,363 
Total Estimated Investment                                 $171,389 
Projected Net Profit:                                            $30,974 

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)
79 HOMAN AVE
EWING, NJ
226,079 3/15/2019 1788 1989 126.44 0.17
304 BEECHWOOD AVE
EWING, NJ
132,000.00 10/15/2019 1187 1916 111.2 0.19
307 BERWYN AVE
EWING, NJ
185,000.00 6/6/2019 1528 1930 121.07 0.19
329 BERWYN AVE
EWING, NJ
138,000.00 4/9/2019 1306 1911 105.66 0.24
323 HILLCREST AVE
EWING, NJ
168,000.00 4/16/2019 1529 1940 109.87 0.25

Average Cost/SQFT: $$114.85
Average Sold Price: $169,815.80
After Repair Value: $202,363 

Price:
$128,177
Address:
30 Woodside Ave
Trenton, NJ 08618
Square Feet:
1872
Lot Size:
7,200
Bedrooms:
3
Bathrooms:
2.0
Terms:
For Sale
Property Type:
Home
Year Built:
1930
Const. Type:
SINGLE FAMILY RESIDENCE

Call (609) 807-1497 for more details

Property Location