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Real Estate Acquisitions Co.

115 Ely Cres
Robbinsville, NJ 08691
 (609) 807-1497
Contact Us

Real Estate Acquisitions Co.

115 Ely Cres
Robbinsville, NJ 08691
 (609) 807-1497
Contact Us

143 Main St, Cedarville, NJ 08311

5 Bedrooms / 2.5 Baths / Single Family

Property Status: Available |  For Sale: $153,182.00

Wholesale Investment Property

Property Details:
Property Style:
1-1/2 Story
Year Built:
Finished Sq. Ft:
No Basement
Owner / Agent
To see more details and pictures on the property please check the link: https://www.realestateacquisitions.co/property/143-main-st-cedarville/

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.

143 Main St Cedarville, NJ 08311
Fix and Flip

Wholesale Price: $153,182
Rehab Cost:   $97,405 
After Repair Value: $341,195 
Projected Net Profit: $56,299 

Property Information 

Building Type: Single Family Home 
Beds: 5
Baths: 2.5
Property SF: 2,783
Real Estate Tax: $5,625
Vacant:  Yes
Parking: Driveway

Construction Details: 

Facade and Exterior: Wood Siding 
Roof: Shingles 
Electric: Breakers 
Heating: Oil Heat – (Tank in basement) Hot Water baseboard heat.  
Plumbing: Copper 
Laundry: Yes  
Water: Well 
Sewer: Septic 
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      $153,182 
Rehab Cost              $97,405 
Estimated closing costs  $6,900 
Estimated holding costs  $10,350 
Estimated selling costs (5% of ARV)  $17,059 
Total Initial Investment:  $284,896 

Net Profit Calculation                                                                                    

Estimated After Repair Value $341,195
Total Estimated Investment $284,896  
Projected Net Profit: $56,299 

Comparables from the MLS used to determine ARV

Average Cost/SQFT:$122.60 
Average Sold Price:$240,666.67
After Repair Value:$341,195.80

Address                 Price Sold           Sold Date        Size (sf)          Year Built      Price per sf            Distance from subject property (mi)
CEDARVILLE, NJ    242,000.00          11/4/2021       1656                1956             146.14               0.14
CEDARVILLE, NJ    265,000.00           5/13/2022      1974                1996             134.25               0.36
CEDARVILLE, NJ    215,000.00           9/2/2021        2460                1950              87.4                  0.9

Real Estate Promo is not responsible for the properties or the information listed here. Each Property is independently owned.  Click on the link above to contact the Property Owner about this property.