$250,000
15 Hanover Rd, Hewitt, NJ
- 3 Beds
- 1 Baths
- 988 SQFT
Type:
SFR
Hewitt, NJ | 3BR/1BA Flip Opportunity | ARV $380K
Property Highlights
- Single Family
- 3 Bedroom & 1 Bathroom
- Year Built: 1952
- Not in a flood zone
- Annual Taxes: $6,859
- Interior Size: 988 sq ft
- Lot Size: 0.541 acres (23,566 sq ft)
- HOA: None
- Flooring: Good condition
- Appliances Included: Dishwasher, refrigerator, stove, washer & dryer
Utilities
- Water: Well
- Sewer: Septic
Investment Upside:
- ARV: $380,000
- Estimated Repairs: $60,000
- Strategy: Primarily a fix-and-flip; buy-and-hold could work post-reno if rents support it.
- Value-Add: Kitchen and bath are 20+ years old—update interiors to align with retail comps.
- Condition Notes: Livable, no known structural issues, and electrical/plumbing reported in good condition (buyer to verify), suggesting a mostly interior rehab.
SOLD COMPS
28 Princeton Rd, West Milford Twp., NJ 07421 – SOLD $485k
36 Alpine Ct, Hewitt, NJ 07421 – SOLD $300k
574 Warwick Tpke, Hewitt, NJ 07421 – SOLD $399k
64 Cedarbrook Rd, Hewitt, NJ 07421 – SOLD $119,440
35 Magnolia Rd, West Milford Twp., NJ 07421 – SOLD $380k