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Gabe Paolella
  • Flipper/Rehabber
  • Newark, NJ
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🎉 OFF-MARKET NEW YEARS DEAL IN MIDDLESEX COUNTY 🎉

Gabe Paolella
  • Flipper/Rehabber
  • Newark, NJ
Posted Dec 27 2018, 09:54
OFF MARKET DEAL!
10 Fairview Ave, South River NJ
PHOTOS
For more information please contact Gabe at609-638-8465
Showing Friday 12/28 from 11-1pm
** There is to be no correspondence with seller during viewing**
Start the new year off right with this great opportunity in Middlesex County! NOT in a flood zone! With 2 units, this deal makes great sense for resale or buy-and-hold. You can't go wrong with this deal! Seeking cash buyer who can close quickly.
Sales Details
Asking: $165,000
Repairs: $50,000
Closing/Holding/Resale: (flip) $23,200 (hold) $5800
ARV: $290,000
Comps:
2 Arlington Ave sold for 293,000 on 07/23/18. On the market for only 31 days. Same beds/baths. Non renovated.
5 Fairview Ave sold for 291,000 on 08/09/18. Same beds/less baths. Semi renovated.
5 Paul Ave sold for 315,000 on 10/04/18. 1 additional bed/same baths. Non renovated.
Buy and Hold Analysis
DisclaimersCALL OR TEXT GABE PAOLELLA FOR MORE INFO AT 609-638-8465SERIOUS BUYERS ONLY PLEASE. Buyer must be purchasing with cash, hard or private money, or line of credit and able to close within (30) days or less. $7000 deposit due within 48 hrs of acceptance. Property being sold “as is”, any and all inspections and certifications, including Certificate of Occupancy will be Buyer’s responsibility. Free and clear title, quick closing offered.

All information, regardless of source, should be verified by personal inspection by and/or with the appropriate professional(s). The information is not guaranteed. Measurements are solely for the purpose of marketing, may not be exact, and should not be relied upon for loan, valuation, or other purposes. The buyer is responsible at their sole cost and expense to obtain all required permits, approvals, and certificates, including but not limited to the certificate of occupancy and smoke detector certification.

*Estimate repairs are only an estimate, all buyers are encouraged to visit the property with contractor and gather an estimate.

**After Repair Value is an estimate of what the property can be resold after repairs have been completed. All buyers should perform their own due-diligence

Offering

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