303 Linden Ave – Oaklyn Assigned

  • $87,670
  • 3 beds
  • 1.5 baths
  • 1,292 sqft

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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.

303 Linden Ave. Oaklyn, NJ 08107

Fix and Flip or Rental: (This property works as a Fix and Flip) 

Wholesale Price: $87,670
Rehab Cost:   $40,000
After Repair Value: $187,340
Projected Net Profit: $40,278  

Property Information

Building Type: Single family attached
Beds: 3
Baths: 1.5
Property SF: 1,292
Real Estate Tax: $4,801
Vacant: No
Owner Occupied: Yes
Parking: Driveway

Construction Details:

Facade and Exterior: siding
Roof: Shingle
Electric: Breakers
Heating: Forced Air – Gas
Plumbing: Copper
Laundry: Yes
Water: City Water
Sewer: City Sewer
Zoning: Residential

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

Fix and Flip

Investment Type                                                             Cost                                 

Wholesale Price                                                             $87,670    
Rehab Cost                                                                      $ 40,000 
Estimated closing costs                                                $3,746  
Estimated holding costs                                               $5,620  
Estimated selling costs (5% of ARV)                         $9,367  
Total Initial Investment:                                       $146,403  

Net Profit Calculation                                                                                    

Estimated After Repair Value                                     $187,340  
Total Estimated Investment                                       $146,403  
Projected Net Profit:                                                      $40,278  

Comparables from the MLS used to determine ARV

Average Cost/SQFT: $145.00
Average Sold Price: $167,500.00 
After Repair Value: $187,340.00 
Address  Price Sold  Sold Date  Size (sf)  Year Built  Price per sf  Distance from
subject
property (mi) 
318 LINDEN AVE
OAKLYN, NJ 
170,000.00  10/1/2021  1100  1920  154.54  0.05 
221 LINDEN AVE
OAKLYN, NJ 
165,000.00  11/19/2021  1218  1914  135.46  0.05 
Price:
$87,670
Address:
303 Linden Ave
Oaklyn, NJ 08107
Square Feet:
1,292
Lot Size:
2,500
Bedrooms:
3
Bathrooms:
1.5
Terms:
Assignment of Contract
Property Type:
Home
Year Built:
1920
Const. Type:
Single Family Attached

Call (609) 807-1497 for more details

Property Location