Wholesale Investment Property
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This property information is Strictly for Real Estate Acquisitions Co. Investors and associates only.
76 LAUREL AVE TRENTON, NJ 08618
This future rental unit will be profitable with a 13.57% Cap.
Purchase/Rent
Wholesale Price: $3,500
Rehab Cost: $50,000 this includes 21k in liens on the property
After Repair Value: $70,425
Property Information
Building Type: SINGLE FAMILY RESIDENCE
Bedrooms: 3
Bathrooms: 1
Square footage: 1500
Lot size: 2,570
Real Estate Tax: $3,351
Occupancy: Vacant
Parking: Garage
Construction Details
Facade and Exterior: Wood
Roof: Shingles
Electric: Breakers
Heating: Oil
Plumbing: Copper
Laundry: Yes
Zoning: Residential
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) |
| 47 OAK LN EWING, NJ |
75,000 | 8/30/2019 | 1640 | 1912 | 45.73 | 0.11 |
| 45 OAK LN EWING, NJ |
45,000.00 | 1/10/2019 | 1557 | 1917 | 28.9 | 0.11 |
| 16 LAUREL AVE TRENTON, NJ |
40,000.00 | 2/21/2019 | 1372 | 1916 | 29.15 | 0.13 |
| 846 PARKSIDE AVE TRENTON, NJ |
57,110.00 | 4/1/2019 | 1680 | 1926 | 33.99 | 0.13 |
| 241 OLIVER AVE TRENTON, NJ |
125,100.00 | 4/5/2019 | 1116 | 1944 | 112.09 | 0.16 |
| 914 STUYVESANT AVE TRENTON, NJ |
61,000.00 | 3/21/2019 | 1484 | 1916 | 41.1 | 0.17 |
| 901 STUYVESANT AVE TRENTON, NJ |
70,000.00 | 5/8/2019 | 1860 | 1920 | 37.63 | 0.18 |
Average Cost/SQFT: $46.95
Average Sold Price: $67,601.43
After Repair Value: $70,425.00