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#Realestate agents rely on companies like Property Matrix LLC to do #occupancyInspections once per month to ensure #properties are #secure and #maintained up to code!



This is a a wonderful way to make sure there are no unwelcome surprises for our real estate agents or private investors.





In the video you can review a live security breech for one of properties, and see for yourself why its important to have a company on call.

Investor/Handyman Special! Fix and flip or fix and hold

4 Bed 1.5 Bath House

Street Address:
141 Washington Street Phillipsburg, NJ 08865

Sales Price: $50,000
Estimate Repairs: $30,000
After Repair Value: $160,000
Potential Gross Profit: $80,000

Bedrooms:# 4
Baths:# 1.5
Sq.ft:# 1,631

Description:
Attention All Investors! Large 4 Bedroom 1.5 bath colonial perfect for landlords and rehabbers. Located in the Town of Phillipsburg in beautiful Warren County New Jersey. Great location near shopping, restaurants, highways, and outdoor activities such as kayaking, tubing, jet skiing, fishing, and other activities on the Delaware River. This is a perfect project for you to make a quick return, or keep as a rental for a long-term investment. Home will need about $30k in repairs. Taxes for this property are $3,944.92 and properties in the area rent for approximately 1,200 - $1,400 per month. This property also comes with a fenced in yard and a 1 and a half detached garage.

Gross Income - $16,800
Insurance - $800
5% Vacancy - $840
Taxes - $3,945
Net Income - $11,215
ROI 14.01% (Return on Investment includes acquistion + $30k worth of work)

Comparables:

1) 170 Lincoln Rd Sold for $162k on 12/15/2017
(3 bed 1.5 bath 1,344 sq. ft. on .20 acres.)

2) 173 Washington St Sold for $160k on 1/20/2018
(3 bed 1.5 bath 1,628 sq. ft. on .30 acres.)

3) 375 Pursel St Sold for $152,520k on 5/9/2017
(4 bed 1 bath 1,522 sq. ft. on .18 acres.)

4) 406 Wilson St Sold for $153k on 2/28/2017
(3 bed 1.5 bath 1,696 sq. ft. on .13 acres.)

Website:
wwww.northjerseybargainhouses.com


Contact:
Paul at (908)-265-5558
Or
Vincent at (908)-644-3758

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SOLD!
Sold - $95k
Appraised Value - $255k
Repairs - $80k
Profit Potential - $80k WOW!

Property is over 1.14 acres of beautiful setting, privacy is here ... Ranch Style, features - 3 Bedrooms, 2 Baths, full walk-out basement, plus convenient location to area schools and shopping. Appraisal available, don't wait this offer wont last........

241 Morris Ave TNPK Newton, New Jersey 07860 (Frankford Twp.)

For this and other great fix & flip houses for sale, visit us at:
www.NorthJerseyBargainHouses.com

Comps & Appraisal available for interested buyers.

Brokers Protected - Flat Fee Commission
North Jersey Bargain Houses.com
North Jersey Bargain Houses.com
northjerseybargainhouses.com
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