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Asking Price: $98,000

After Repair Value: $320,000

82 Van Horn Road
Newton (Fredon Twp), NJ 07860

Property Type: Single Family

Beds: 4

Baths: 1

Sq Ft: 1898

This 4 bed, 1 bath is perfect to start out 2018! Please note that there is plenty of room to make another bathroom. Home needs about $90k
worth of work to flip and collect a profitable return. Please note that this raised ranch built in 1975 is on 3.5+ acres and also has a giant and spacious barn and horse stable.

Tax Assessed Value $325,500

Comparables:
(1) 522 Ridge Rd Sold for $280 on 9/2017
(3 bed 1.5 bath 1,400 sq. ft. on 2.10 acres.

(2) 6 Scenic Drive Sold for $281k on 1/2017 for $315,695
(3 bed 3 baths 2,300 sq. ft. .90 acre

(3) 17 Upper Hill Rd Sold for $317,700k on 11/2017
(4bed 3.5bath 1,870sqft 1.02arces sold on 11/2017)

ARV=300k
Repairs=90k
Sell For= 105k
Profit=105k

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