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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.
351 S Clinton St East Orange, NJ 07018
Fix and Flip
Wholesale Price: $205,197
Rehab Cost: $42,000
After Repair Value: $314,902
Projected Net Profit: $33,064
Property Information
Building Type: Single family Residence
Beds: 3
Baths: 1.5
Property SF: 1,296
Real Estate Tax: $5,651
Vacant: No
Owner Occupied: Yes
Parking: On street parking only
Construction Details:
Facade and Exterior: Siding
Roof: Flat roof
Electric: Breakers
Heating: Gas
Plumbing: Cast-iron pipes
Laundry: Yes
Water: Public
Sewer: Public
Zoning: Residential
Fix and Flip
Investment Type Cost
Wholesale Price $205,197
Rehab Cost $42,000
Estimated closing costs $6,298
Estimated holding costs $9,447
Estimated selling costs (5% of ARV) $15,745
Total Initial Investment: $278,687
Net Profit Calculation
Estimated After Repair Value $314,902
Total Estimated Investment $278,687
Projected Net Profit: $36,215
Comparables from the MLS used to determine ARV
Average Sold Price: $322,729.17
| Address | Price Sold | Sold Date | Size (sf) | Year Built | Price per sf | Distance from subject property (mi) |
| 337 S CLINTON ST EAST ORANGE, NJ |
465,000.00 | 12/1/2021 | 2112 | 1952 | 220.17 | 0.03 |
| 28 TELFORD ST EAST ORANGE, NJ |
307,000.00 | 3/31/2021 | 1342 | 1920 | 228 | 0.12 |
| 43 TELFORD ST EAST ORANGE, NJ |
315,000.00 | 11/12/2021 | 1439 | 1940 | 218.9 | 0.15 |
| 327 HALSTED ST EAST ORANGE, NJ |
350,000.00 | 6/30/2021 | 1481 | 1925 | 236.32 | 0.15 |
| 136 EPPIRT ST EAST ORANGE, NJ |
228,000.00 | 9/9/2021 | 1230 | 1929 | 185 | 0.16 |
| 440 HALSTED ST EAST ORANGE, NJ |
351,750.00 | 11/12/2021 | 1540 | 1930 | 228.4 | 0.16 |
| 77 TELFORD ST EAST ORANGE, NJ |
290,000.00 | 1/31/2022 | 1694 | 1925 | 171 | 0.18 |
| 35 EDGAR ST EAST ORANGE, NJ |
290,000.00 | 12/2/2021 | 1788 | 1925 | 162 | 0.2 |
| 295 HALSTED ST EAST ORANGE, NJ |
315,000.00 | 5/11/2021 | 1100 | 1940 | 286 | 0.22 |
| 240 SHEPARD AVE EAST ORANGE, NJ |
311,000.00 | 6/6/2019 | 866 | 1920 | 359 | 0.25 |
| 98 RHODE ISLAND AVE EAST ORANGE, NJ |
355,000.00 | 4/23/2021 | 1152 | 1955 | 308 | 0.27 |
| 28 OAK ST EAST ORANGE, NJ |
295,000.00 | 3/4/2021 | 942 | 1930 | 313 | 0.35 |