522 2nd st, Belvidere, NJ 07823

Multy-family For Sale
5 bd 3 ba 3373 sqft
$130,000 $115,000
Price reduced 4 one year ago

522 2nd st Property Description

522 2nd St, Belvidere NJ 07823
5 Bd, 3 Ba, 3373 Sqft

Asking: $115K OBO
Rehab: $52K-$87K MAX
Taxes: $12,465

Adjusted ARV: 317K
As-Is Value: 206K (Redfin)

-Huge historic Victorian multifamily with partially finished basement and attic for storage.
-Unit one is main property, 4 Bd, 2 Ba, vacant, could rent for $1800/ Mn
-Unit 2 has a side entrance to a 1 bd, 1 ba with separate kitchen, occupied, tenant
paying $700/ Mn
-Needs interior and exterior painting, minor landscaping, new roof, new deck,
minor cosmetic touch ups
-Has underground oil tank that is in use
-Has huge backyard with small pond, storage shed, and 3 car lot/ basketball court
-Basement has a kitchen, bathroom, and full bar
-We have a licensed contractors bid for the repairs to get an accurate number

Comps:
https://connectedinvestors.com/investment-property/522-2nd-street-belvidere-nj

Email: [email protected]
646 420 9729, Nick

522 2nd st Property Details

Property type: Multy-family
Bedrooms: 5
Bathrooms: 3
Square Feet: 3373
Year Built: 1880
Need repair: yes
Garage: 3+
Off MLS: no
Tax Value: $217,300
Estimated Cost of Repairs: $87,000
ARV: $317,000
Other Exterior Features: Porch, patio, pond, storage shed, basketball hoop

522 2nd st Location

Click on the map and use the "+" and "-" buttons to zoom in or zoom out

Nearby Schools

  • School Name
    Grades
    Distance
    Little Seater Day Care Center
    219 Hardwick Street, Belvidere, NJ 07823
    PK
    0.0 mi

    Third Street Elementary School
    300 3rd Street, Belvidere, NJ 07823
    K-3
    0.2 mi

    Oxford Street Elementary School
    807 Oxford Street, Belvidere, NJ 07823
    4-8
    0.4 mi

    Belvidere High School
    809 Oxford Street, Belvidere, NJ 07823
    9-12
    0.4 mi

    White Township Consolidated Elementary School
    565 County Road 519, Belvidere, NJ 07823
    PK-8
    2.5 mi
Property published by
Nicolas Redhead
Contact Seller

*FastZips recommends that you seek the advice of a real estate professional before making any type of investment. The results presented may not reflect the actual return of your own investments. FastZips is not responsible for the consequences of any decisions or actions taken in reliance upon or as a result of the information provided by these tools.