Three Family in Newark, NJ For Sale

  • $155,000
  • 6 beds
  • 3 baths
  • 2,352 sqft

Estimated ARV: $300,000 – $325,000

Estimated Rehab: $40,000

Cash Required at Closing: $31,000

Estimated Gross Profit: $105,000

Acquisition Cost: $155,000


*Acquisition Cost: Acquisition cost is the cost to purchase the deal (contract & respective property) excluding closing costs.

*Assumes getting approved from one of our preferred lenders and financing the deal at a max of 65% LTV, 14% APR, and 4 points, plus lender’s attorney fees, appraisal fee, and other fees. Lender to finance 80% of purchase and 100% of construction.

Price:
$155,000
Address:
Newark, NJ 07107
Square Feet:
2,352
Lot Size:
2,500
Bedrooms:
6
Bathrooms:
3
Terms:
For Sale
Property Type:
Home
Year Built:
1910

Additional Features

Three Family, Rents are below market value: $690 / $850 / $675 but could be easily be $1100 with new tenants.

Call (848) 299-4847 for more details

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