202 Ridge Ave, Neptune, NJ 07753
SOLD! $199,990 - Single Family
Additional Details
- Ideal Investment Strategy: Rental/Resale
- Potential ARV: $350,000-$370,000
- Estimated Rehab: $60,000-$70,000
- Comparable Rent: $2,400-$2,600
- Construction: Frame
- Occupancy: Call your Agent
- Comp 1: 1319 7TH AVE, NEPTUNE TOWNSHIP, NJ 07753 - 3/1 1,008 sqft SOLD $377k JUNE 2022 (1922 build, updated)
- Comp 2: 1310 11TH AVE, NEPTUNE, NJ 07753 - 3/2 1,152 sqft SOLD $416k JUNE 2022 (1920 build, clean dated condition with detached garage)
- Comp 3: 1209 7TH AVENUE UNIT 1/2, NEPTUNE TOWNSHIP, NJ 07753 - 3/1.5 1,120 sqft SOLD $385k JUNE 2022 (1930 build, updated)
- Comp 4: 1203 1/2 6TH AVENUNE, NEPTUNE TOWNSHIP, NJ 07753 - 3/1 PENDING $360k (1920 build, updated)
- Rehab Description: For a flip this needs rehab updates to the kitchen, bathrooms, flooring throughout, appliances, fixtures, and trim. The roof is stated to be from 2020. There is no central air, only wall units. Some sections of the ceiling need remediation. Optionally, add in a second bathroom to maximize retail value. Apply fresh paint, deep clean, and do some landscaping to boost appeal!
- Features: Excellent deal in Neptune! This two-story 3 bedroom, 1 bathroom home features 1,156 living sqft, covered front porch, and sits on a .07 acre lot. Being offered vacant at close with huge upside potential with such an attractive price point under $200k. Don't miss out on these profits!
- Important Details: --> VACANT AT CLOSING
- Hard Money: Pre-Approved by OPS Loans for up to 65% LTV – See OPS Loans Tab