The property is located in a mixed use zone (MU-4).

The property next door is undergoing an identical five level condo conversion/construction (6 units). The property next door was purchased for $775K on 10/4/2018.

Price: $725K

ARV: $2.35M

Profit – Unleveraged: $755K

Profit – Leveraged: $629K

Here are links to the info:

This submarket is seeing a lot of development currently. There is a 7 unit BZA condo conversion project right across the street by Claggion Development.

Please let me know if you have any questions.

If you pass on the project, please send to others who may be interested.

Coming Soon!

The property is located in a mixed use zone (MU-4).

The property next door is undergoing an identical five level condo conversion/construction (6 units). The property next door was purchased for $775K on 10/4/2018.

Price: $725K

ARV: $2.35M

Profit – Unleveraged: $755K

Profit – Leveraged: $629K

Here are links to the info:

This submarket is seeing a lot of development currently. There is a 7 unit BZA condo conversion project right across the street by Claggion Development.

Please let me know if you have any questions.

If you pass on the project, please send to others who may be interested.

Coming Soon!

The property is located in a mixed use zone (MU-4).

The property next door is undergoing an identical five level condo conversion/construction (6 units). The property next door was purchased for $775K on 10/4/2018.

Price: $725K

ARV: $2.35M

Profit – Unleveraged: $755K

Profit – Leveraged: $629K

Here are links to the info:

This submarket is seeing a lot of development currently. There is a 7 unit BZA condo conversion project right across the street by Claggion Development.

Please let me know if you have any questions.

If you pass on the project, please send to others who may be interested.

Coming Soon!

The property is located in a mixed use zone (MU-4).

The property next door is undergoing an identical five level condo conversion/construction (6 units). The property next door was purchased for $775K on 10/4/2018.

Price: $725K

ARV: $2.35M

Profit – Unleveraged: $755K

Profit – Leveraged: $629K

Here are links to the info:

This submarket is seeing a lot of development currently. There is a 7 unit BZA condo conversion project right across the street by Claggion Development.

Please let me know if you have any questions.

If you pass on the project, please send to others who may be interested.

CONTACT

Max Property Solutions

908-520-6033

sm@maxpropertysolutions.com

146-B Ferry Street

Unit #1006
Newark, NJ 07105

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