11 Electric Street, Metuchen, NJ 08840

2 Replies

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $201,111
Cash invested: $201,000
Sale price: $645,000

New construction with east facing beautiful colonial home. Specious 5 bedrooms with 3 unique full baths. Beautiful kitchen with quarts counter-top and center island, very popular exotic tigerwood hardwood flooring. Master bedroom with two huge walk-in closets for her and him. Superior custom finishes throughout. Two zone heat and air, great commuter location, near Metuchen Train Station and whole food shopping center, lot of restaurants surrounding. Great schools are nearby as well.

What made you interested in investing in this type of deal?

great location

How did you find this deal and how did you negotiate it?

from auction

How did you finance this deal?

cash deal

How did you add value to the deal?

tear down and rebuilt

Lessons learned? Challenges?

need a great construction team

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

I am NJ realtor and investor as well.

Free eBook from BiggerPockets!

Ultimate Beginner's Guide Book Cover

Join BiggerPockets and get The Ultimate Beginner's Guide to Real Estate Investing for FREE - read by more than 100,000 people - AND get exclusive real estate investing tips, tricks and techniques delivered straight to your inbox twice weekly!

  • Actionable advice for getting started,
  • Discover the 10 Most Lucrative Real Estate Niches,
  • Learn how to get started with or without money,
  • Explore Real-Life Strategies for Building Wealth,
  • And a LOT more.

We hate spam just as much as you