All Forum Posts by: Stephen Earley

Can you please send more info to [email protected]

Please send any future deals as well.

Thank you,

Stephen

Hi NNJ BP Members - 

Can someone help me determine the cost of construction for a major renovation in Northern NJ. Obviously national averages do not work for this area. I realize a lot of factors are at play when arriving at this number, aiming for average cost per sf in NNJ in a nice neighborhood. Neighboring homes are in the $800k - 900k range. 

Specifically looking for price per square foot to do an add a level on a single family cape in a middle/upper class suburb, pretty much from the foundation up, maybe salvage some of the first floor. Higher end finishes, open concept, 4 beds 3 baths colonial style.

Any help here would be appreciated.

Thanks

Stephen

Can you provide some more info?

What beach in NJ?

Single Family?

Does he owe a mortgage?

Maybe you can suggest seller financing, 

What would be your end game, renovate and flip or are you in a strong rental market?

You may want to ask the coin operated laundry machine provider if they offer a revenue share agreement, granted for a two family it wouldn't be a lot, but it could help drive down the up front cost. Just a thought as we do this with our large development projects.

Please add me to your buyers distribution list [email protected]

Thanks

Please send NDA to [email protected]

Please send details to [email protected]

GB Engineering in Garfield NJ

PC Richard for appliances has always had best pricing and/or price matching.

Shefali - If you are interested in getting started with properties that require rehab I would love to sit down and discuss. I have a lot of experience with renovations, having done most of my work on historic single and multifamily properties. Feel free to contact me should you like to discuss further. I live in downtown JC.