Vacant 3 Family in Upper Clinton Hill Newark NJ

[Khari Harper]

3 Family in Upper Clinton Hill , Newark will be hitting the MLS in 5 days. Just wanted to give investors or any wholesailers a chance to lock it up first before hand!

42 Ridgewood Ave , Newark NJ ( 3 family)

Read EVERYTHING BELOW! Comps included

9 bedroom 5 bathroom .Complete gut renovation done in 2008. First floor features a 3 bedroom, 1 bath. Second and third floors are each 3 bedroom 2 baths, with washer/dryer hookups in each unit! Delivered vacant, and only needs a thorough cleaning and light cosmetic repairs.

First Floor : 3 bedroom 1 bath (Vacant)
Second Floor : 3 bedroom 2 bath (Vacant)
Third Floor : 3 bedroom 2 bath (Vacant)

It's hard to beat this price. Recently renovated so no updating is needed. Just light cosmetic repairs. You can have this place up and running within 2 weeks. 70k in equity left for you in this home. I recently purchased a 3 family 4 blocks up the street that was appraised at 325k by my hard money lender.

Asking Price : 260k

Comps :
36 Hunter St, Newark, NJ 07114 - 340k
91-93 Chadwick Ave, Newark NJ - 230k
14 Schuyler Ave, #16, Newark, NJ- 304k