$540,000
23 Franklin Ave., Montclair, NJ
- 3 Beds
- 1 Baths
- 1,194 SQFT
Type:
SFR
Montclair, NJ | 3 Bed 1 Bath SFR Fix & Flip | ARV $685K
Property Highlights
- Single Family
- 3 Bedroom & 1 Bathroom
- Year Built: 1947
- Zoning: R1
- Annual Taxes: $9,811
- Interior Size: 1,194 sq ft
- Lot Size: 0.143 acres (6,240 sq ft)
- HOA: None
- Oil Tank: None
- Foundation: Basement
- Flooring: Good condition
- Parking: Driveway
- Appliances Included: Dishwasher, refrigerator, stove, washer & dryer
Utilities
- Water: Public
- Sewer: Public
- Cooling: Window units
Investment Upside:
- ARV: $685,000
- Estimated Repairs: $60,000
- Strategy: Primarily a fix-and-flip opportunity
- Value-add: Kitchen and bathroom are 20+ years old, offering a straightforward interior update path
- Condition notes: Property is livable and owner-occupied, with reported good electrical, plumbing, and flooring, suggesting updates are largely cosmetic/interior-focused
SOLD COMPS
39 Enfield Ave, Montclair Twp., NJ 07042 – SOLD $815k
5 Franklin Ave, Montclair Twp., NJ 07042 – SOLD $610k
7 Franklin Ave, Montclair Twp., NJ 07042 – SOLD $605k
194 Harrison Ave, Montclair Twp., NJ 07042 – SOLD $724k