Description
MAPLEWOOD APPROVED PROJECT: A great opportunity to create brand new large spacious 3 bedroom house spread over 2 floors w/ 2.5 baths by adding a level and additional living space within the basement. Plans and permits have been approved reducing the time scale and holding costs. This property has not been built and will be sold as is. We estimate that the renovation costs will be in the region of $150-200K with an after repair value of $680-750K+ depending on your scope of work. Alternatively you can start from scratch and apply for the appropriate compliance documents to build a new construction home. Or a larger development by possibly securing additional land space by approaching the neighbor next door. 4 bedroom single family homes have been sold in the area for $750-900K+ on larger lots. This is definitely an opportunity that should not be missed in a very sought after area.
Location
Legal
The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Sharon Pingitore are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.
All information deemed reliable but not guaranteed. Last date updated: 01/09/2023
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Last Updated: . Source: NJMLS
Listing Courtesy
Listing Agent: 457599 (#), Phone: (862) 283-1281, Email: offers@dbrei.com
Listing Office: RE/MAX First Realty II (#56987)