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203 E Edgewater Ave
Pleasantville, NJ 08232
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Description
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
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.
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Sheriff's Appraised Value
This is an estimate of the property's value as determined in accordance with Ohio state laws governing foreclosure sales, including but not limited to Ohio Revised Code Section 2329.17. Ohio state law does not require an appraisal by a licensed or certified appraiser and interior inspections are not normally performed. Bidders should not rely on this stated value in deciding whether and how much to bid.
Sale Deposit
The amount and timing of the Sale Deposit is prescribed by Ohio state laws governing foreclosure sales, including but not limited to Ohio Revised Code Section 2329.211. Failure to timely submit the Sale Deposit may result in invalidation of the sale.
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Property Details for 203 E Edgewater Ave
2,453 Views
Interior Details
Beds: 3 Beds
Full Baths: 2 Baths
Land Info
Lot Size: 3,302 Sq. Ft.
Size: 1,232 Sq. Ft.
Property Info
Year Built: 1925
Type: Single Family
Property ID: 92820308232
County: Atlantic
Other Property Info
Sub Division: NA
MLS ID: NA
Property Fees
Technology Fees: -
(Buyer Pays at Closing).
Buyer's Agent Commission: Not offered
All offers must be submitted through Hubzu.com. Offers sent via email and fax will not be considered.
Investment Calculator
Rent Estimates based on 60 comparable rental properties in a 1 mi radius
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* The investment calculator and its calculations are for information purposes only. You acknowledge that these are estimates only and that (a) there are uncertainties inherent in making such estimates, forecasts, plans and projections and that you are familiar with such uncertainties, and (b) You will take full responsibility for conducting your own evaluation of the adequacy and accuracy of such estimates, forecasts, plans and projections and (c) You shall have no Claim against Altisource and its affiliates with respect to such estimates, forecasts, plans or projections. Accordingly, Altisource and its affiliates are making no representation or warranty with respect to such estimates, forecasts, plans and projections (including such underlying assumptions).

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To sell your property through Hubzu's Signature Seller program, just follow the four easy steps below:

  1. Fill out the registration form on this page to begin the process. A Hubzu representative will reach out to you and your real estate agent to explain the program in further detail.
  2. An account manager will verify your information and provide you with the program terms to sign and return. You'll be notified your account is approved so you or your real estate agent can begin submitting properties for auction. Please note you must have a real estate agent in order to market properties on Hubzu.
  3. When you or your agent submit a property, the property information and marketing details will be reviewed for quality control. Once this step is completed, your property will be scheduled for its first auction marketing cycle on Hubzu.com.
  4. At the end of the auction cycle, you have full control over bid selection. If you select a bid, we'll provide your real estate agent with the information needed to begin the bid acceptance and contracting process. If you do not select any of the bids, we will continue to market the property for another auction cycle. We recommend that you allow at least 4 auction cycles in order to ensure sufficient time for all buyers in the market to engage and compete in the auctions.
Using Signature Seller is free for the seller. However, you'll need to work out your real estate agent's commission structure with them directly.

Yes, you may use your own real estate agent with Hubzu's Signature Seller program. However, in GA, FL, or TX, you may be able to leverage the services of our affiliated real estate brokerage which might save you thousands of dollars in real estate commission fees. Click here for more information.

We require property-specific information such as full address, property type, list price, occupancy status, property characteristics (size, room count, bedrooms, bathrooms, year built, stories, garage, etc.), marketing description and other relevant information to successfully market the property for auction.

Each seller will sign an initial services agreement which will apply to all properties the seller markets on Hubzu. Sellers will also be required to sign an auction services agreement for individual properties in certain states and a listing agreement if using a RHSS agent. Your listing broker will sign a separate agreement to use the platform.

You can keep track of the auction cycle by viewing your property on Hubzu.com. Your Property's Detail Page will show the current highest bid and includes a "View All Bids" link so you can track how the property is performing.

Your agent will also be able to track all bids through the Signature Seller dashboard. Once the auction is done, an account representative will send you and your agent the highest bid for your consideration.

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