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$ 280,000
Est. payment | /mo
3 Beds
1 Bath
1,200 SqFt
$ 280,000
Est. payment | /mo
3 Beds
1 Bath
1,200 SqFt
Key Details
Property Type Single Family Home
Sub Type Single Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,200 sqft
Price per Sqft $233
MLS Listing ID 612900
Style Ranch
Bedrooms 3
Full Baths 1
Year Built 1975
Annual Tax Amount $6,352
Tax Year 2025
Lot Size 1,200 Sqft
Property Sub-Type Single Family
Property Description
Two words: INSTANT EQUITY! Anyone familiar with the Buena real estate market knows what homes can sell for! With an estimated ARV (After Repair Value) approximately $50,000 above the current asking price, this property presents an excellent opportunity for the savvy homeowner ready to roll up their sleeves, build sweat equity, and transform a house into their dream home! While the numbers may not leave enough room for most investors, this could be the perfect fit for an owner-occupant with the right financing. Please note that the property's current condition makes it unsuitable for FHA, VA, USDA, and state grant financing. Conventional financing may be an option for qualified buyers, and those familiar with a 203(k) renovation loan should consult their lender to explore the possibilities. Cash buyers are certainly welcome! This spacious 3-bedroom rancher features one full bathroom, plus a laundry room with existing hookups that offer the potential for a second bathroom. You'll also appreciate the full unfinished basement, public water and sewer, and a desirable location on a quiet residential street in Buena Borough. At this price point, renovations and some TLC should be expected. The property's current asking price already reflects the work needed, giving the right buyer an opportunity to invest in improvements and potentially build significant equity. Ready to unlock this home's potential? Call today to schedule your private tour and see if this is the opportunity you've been waiting for!
Location
State NJ
County Atlantic
Community Buena Borough
Area Buena Borough
Rooms
Basement Full, Unfinished
Interior
Heating Forced Air, Oil
Exterior
Parking Features None
Building
Sewer Public Sewer
Water Public
Others
Senior Community No
Listed by eXp Realty - Montclair
Schools and Properties Nearby
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