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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

141 N 4th St, Paterson, NJ 07522

7 Bedrooms / 3 Baths / Multiple Family

Property Status: Available |  For Sale: $395,000.00



Wholesale Investment Property


Property Details:
Property Style:
Duplex
Finished Sq. Ft:
2,442
Basement:
No Basement
Owner/Agent:
Owner / Agent
To see more details and pictures on the property please check the link: https://www.realestateacquisitions.co/property/141-n-4th-street-paterson/

*To expand the pictures and see them in HD Please click on the large photo.

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.

141 N 4th Street, Paterson NJ 07522

Rental

Wholesale Price: $395,000
Rehab Cost: No rehab
After Repair Value: $460,000
Yearly Net Cash Flow: $44,381
Cash On Cash Return:  10.58%
Cap Rate:  9.65%
Property Information

Building Type: Multifamily – Duplex  
Real Estate Tax: $7,791 
Vacant: No 
Owner Occupied: 
Parking: Street Parking 

Construction Details:

Facade and Exterior: Siding is vinyl or aluminum
Roof:  Shingles (don’t know the age of the roof but it does not need to be replaced) 
Electric: Circuit breakers 
Heating: Gas
Plumbing: Copper
Laundry: No
Sewer: Public Sewer
Water: Hot water, no issues
Zoning: Residential

Comparables from the MLS used to determine ARV

Average Cost/SQFT: $195.19
Average Sold Price: $433,333.33
After Repair Value: $460,000.00

Address                      Price Sold           Sold Date            Size (sf)           Year Built          Price per sf             Distance from subject property (mi)
49 HALEDON AVE        400,000.00          11/9/2021           2252                  1887                  177.62                   0.11
PATERSON, NJ

196 N 7TH ST
PATERSON, NJ           450,000.00            5/20/2021          2124                     0                       211.86                0.12

70-72 GARFIELD AVE
PATERSON, NJ           450,000.00            5/24/2021           2295                 1887                    196.08                 0.13

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.