4488 Route 47 – Delmont Assigned

  • $49,347
  • 3 beds
  • 1 baths
  • 1,462 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.

4488 Route 47 Delmont, NJ 08314

Fix & Flip OR Buy/Fix/Rent

Wholesale Price: $49,347 

Fix & Flip
Rehab Cost: $40,000 
After Repair Value: $134,357 
Projected Net Profit: $68,856 

Rehab Cost: $40,000 
After Repair Value: $134,357  
Yearly Net Cash Flow: $8,962 
Cash On Cash Return:  9.42%
Cap Rate:  9.42%

Property Information

Building Type: Single Family Home
Bedrooms: 2 – Office was used as a 3rd bedroom.
Bathrooms: 1
Square footage: 1,462
Real Estate Tax: $4,931
Vacant: Yes
Parking: Driveway

Construction Details

Facade and Exterior: Siding
Roof: Shingles
Electric: Breakers
Heating: Oil – Above Ground Tank – Replaced in 2012
Plumbing: Copper
Laundry: Yes
Water: Well
Sewer: Septic
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                                                         $49,347  
Rehab Cost                                                                    $40,00
Estimated closing costs                                              $2,687
Estimated holding costs                                             $2,750
Estimated selling costs (5% of ARV)                       $6,717
Total Initial Investment:                                         $65,501 

Net Profit Calculation                                                               

Estimated After Repair Value                               $134,357  
Total Estimated Investment                                  $65,501
Projected Net Profit:                                               $68,856 

Rental Analysis

Average Cost/SQFT:$95.56 
Average Sold Price:$140,000 
After Repair Value:$134,357.36
Address Price Sold Sold Date Size (sf) Year Built Price per sf Distance from
property (mi)
4549 ROUTE 47
140,000.00 9/25/2020 1465 1900 95.56 0.64


4488 Route 47
Delmont, NJ 08314
Square Feet:
Lot Size:
Assignment of Contract
Property Type:
Year Built:
Const. Type:
Single Family Residence

Call (609) 807-1497 for more details

Property Location