203 E Edgewater Ave, Pleasantville, NJ 08232

The auction for Hubzu property 92820308232 ends 10-11-2023 at 12:00 PM ET. Why wait? Bid on this property now. Visit Hubzu.com to get started. Great Flip opportunity in a neighborhood seeing lots of activity. Just off the bay and only minutes from Atlantic City. Most of the rehab demo already done. Property Address: 203 E Edgewater Ave, Pleasantville, NJ 08232 Bedroom Count: 3 Bathroom Count: 2 Square Footage: 1,232 sqft Fix & Flip or Rental (or both) Fix & Flip Primary Financial Info: Wholesale Price: - $123,704 Rehab Cost: - $55,000 After Repair Value: - $234,080 Projected Net Profit: - $31,102 Building Type: SFH Vacant: Yes Parking: Street Roof Age: 11 HVAC Age: 8 Facade and Exterior: Brick Roofing: Shingles Electric: Breakers Plumbing: Copper Laundry hook up: Yes Sewer: Public Water: Public Zoning: Residential Fix Flip Financial Pro Forma Wholesale Price: - $123,704 Rehab Cost: - $55,000 Estimated Closing Cost: - $6,650 Estimated Holding Cost: - $2500 Estimated Selling Cost: 5% of ARV - $11,704 Total Initial Investment - $194,433 Net Profit Calculation Estimated After Repair Value - $234,080 Total Estimated Investment - $194,433 Projected Net Profit - $31,102 Comp 1: 68 E Wright St - 4 bed - 2 ba - $235,000 - 01/05/2023 - Built 1949 - 1311 sq ft - 0.14 miles - $179 ft Comp 2: 709 Prospect Ave - 3 bed - 2 ba - $220,000 - 02/01/2023 - Built 1959 - 1322 sq ft - 0.22 miles - $166 ft Comp 3: 11 S Chester Ave - 3 bed - 2.5 ba - $243,000 - 03/21/2023 - Built 2008 - 1408 sq ft - 0.47 miles - $173 ft Comp 4: 152 Maple Ave - 3 bed - 2.5 ba - $255,000 - 01/05/2023 - Built 2002 - 1232 sq ft - 0.49 miles - $207 ft Comp 5: 68 E Washington Ave - 3 bed - 2 ba - $273,000 - 03/07/2023 - Built 1890 - 1340 sq ft - 0.51 miles - $204 ft The Seller does not currently hold title to the property, but has entered into a purchase and sale agreement with the owner to acquire the property. The Seller may not obtain legal title to the property; instead, it may assign its right to purchase the property to the buyer such that the buyer will acquire title directly from the owner. Alternatively, the Seller may obtain legal title from the owner but not until shortly before selling the property to the buyer. The Transaction may fallout if it is not closed in time.