$440,000
115 Wilson Ave, Rutherford, NJ
- 3 Beds
- 1 Baths
- 1364 SQFT
This 3-bedroom, 1-bathroom single-family home, with 1,364 sq ft of interior space, is located in the heart of Rutherford, NJ. Positioned directly outside a NYC public transportation bus stop, this property offers unbeatable commuter convenience. It features a private driveway with a 1-car garage and will be delivered vacant by February 1st, per court order.
✨SFR Highlights✨
Single Family Home
3 Bedrooms/ 1 Bathroom
Interior Size: 1,364 Sq Ft
Rent Income: $2,800 per Month
Private Driveway & 1 Car-Garage
Street Parking Available
Direct Access to NYC Public Transportation
Not in a Flood Zone
💰 Investment Potential 💰
This property is a prime fix-and-flip or buy-and-hold opportunity for investors. With an estimated $70,000 in repairs needed, the After Repair Value (ARV) is approximately $800,000. The strong rental market in Rutherford provides additional potential for long-term cash flow, with rents ranging from $2,700 to $3,200 per month, depending on condition.
🗝️ Vacancy Status 🗝️
The property is tenant-occupied but will be delivered vacant by February 1st per court order, ensuring immediate access for renovations/ project commencement/ and or tenant cherry picking.
⛽️ Utilities ⛽️
Water: Public
Sewer: Public