1043 Penn Line Rd, Paulsboro, NJ 08066

Please call us for more information and to schedule a showing. Secure your future home with our exclusive rent-to-own program at 1043 Penn Line Rd, Paulsboro, NJ 08066. This is a unique opportunity to lock in a purchase price on a beautifully renovated property while you prepare for homeownership. This 3-bedroom, 1-bathroom property is currently undergoing a full renovation with an anticipated completion date of September 30th. Once finished, it will feature new floors, fresh paint, a completely updated kitchen, and a renovated bathroom. The property also includes a detached one-car garage for added convenience. With our rent-to-own program, you can start as a renter and seamlessly transition into homeownership. Requirements: Proof of income, identification, a credit check, and a down payment are required. Disclosure: Chirag Patnaik is a licensed real estate agent in NJ and has a financial interest in this sale. Program Details for Rent-to-Own: Home Price: $245,000 Monthly Rent: $1,900 Monthly Rent Credit: $300/month (credited to the purchase price) Option Fee/Down Payment: $24,500 (due upfront and credited to the purchase price) Contract Term: 12 months Application Fee: $150 Private Financing: Available for well-qualified buyers with a substantial down payment. The interest rate is 10%. Requirements: Proof of income, identification, credit check, and down payment are required.