Single Family House
for Sale 
Newark, New Jersey 

500 S 12th St| 3 bedroom, 2 Bath

Asking Price: $60,000

After Repair Value: $275,000

Repair Estimate: $95,000

Estimate Gross Profit: $100,000

Legal Units: 1 (setup as two units)

Property Taxes: $3,800

Town Website: Newark, NJ 

Description: Single Family in Newark NJ. 3 BR and 2 BA (Legal 1 Fam being used as a 2 fam). 1500 Sq Ft, Lot 25x100. Property will be delivered vacant upon closing  Cash or Hard Money only.

ARV Comps
1) 285 Fairmount Ave (.5 miles away)  Sold for $325K in 41 days
2) 408 15th Ave (less than .5 miles away) Sold for $350K in 15 days

 

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