$225,000

94 River Road, Montague, NJ

Type: 
SFR

Montague, NJ | 2 Bed / 1 Bath SFR | Fix-and-Flip Opportunity on 0.7 Acres

Asking Price: $225k

3D Walkthrough Link: Click Here

Property Highlights

  • Single Family
  • 2 Bedroom & 1 Bathroom
  • Zoning: R1
  • Year Built: 1950
  • Annual Taxes: $4,144
  • Interior Size: 1,194 sq ft
  • Lot Size: 0.7 acres (30,492 sq ft)
  • Foundation Type: Basement
  • Roofing: Asphalt shingle
  • Siding: Vinyl siding
  • Oil Tank: Above ground – inside, below ground
  • HOA: None
  • Parking: 2-car attached garage
  • Delivered vacant
  • Appliances Included: Dishwasher, refrigerator, stove, washer & dryer

Utilities

  • Water: Well
  • Sewer: Septic

Investment Upside: 

  • ARV: $360,000
  • Estimated Repairs: $65,000
  • Strategy: Fix-and-flip
  • Value-add opportunity through interior updates (kitchen, bath, flooring) and exterior/roof considerations
  • Large 0.7-acre lot provides additional resale appeal relative to typical comps

SOLD COMPS

16 Beach Dr, Montague Twp., NJ 07827 – SOLD $410k 

40 Clove Rd, Montague Twp., NJ 07827 – SOLD $385k 

48 Clove Rd, Montague Twp., NJ 07827 – SOLD $385k 

113 River Rd, Montague Twp., NJ 07827 – SOLD $299k 

16 Clove Rd, Montague Twp., NJ 07827 – SOLD $325k 

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