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208 Indiana St

Maplewood Twp., NJ 07040
  • $299,950
  • STATUS: Active
  • ON SITE: 46 Days
  • MLS #: 3791588
Price Reduced
$299,950
  • 3
    BEDS
  • 0.11
    ACRES
  • 2
    BATHS
  • 1
    1/2 BATHS
Type:
Single-Family Home
Built:
1925
County:

School Ratings & Info

Description

MAPLEWOOD APPROVED PROJECT: A great opportunity to create brand new large spacious 3 bedroom house spread over 2 floors w/ 2.5 baths by adding a level and additional living space within the basement. Plans and permits have been approved reducing the time scale and holding costs. This property has not been built and will be sold as is. We estimate that the renovation costs will be in the region of $150-200K with an after repair value of $680-750K+ depending on your scope of work. Alternatively you can start from scratch and apply for the appropriate compliance documents to build a new construction home. Or a larger development by possibly securing additional land space by approaching the neighbor next door. 4 bedroom single family homes have been sold in the area for $750-900K+ on larger lots. This is definitely an opportunity that should not be missed in a very sought after area. This home will not qualify for a standard FHA loan. Only Cash, Private Funding, Renovation Loan, Hard Money & FHA 203K. Drawings are available once proof of funding has been received and permit information will be supplied once we have accepted an offer and I have attached videos. Pls use all precautions when walking through and around the site as well as being always accompanied by a contractor or a licensed real estate professional. The buyer is responsible for all city inspections, signed buyers hold harmless & release will be required. Seller will only entertain offers from direct end buyers.

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Garden State MLS logo © 2022 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Team Gio | RE/MAX Central. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Team Gio | RE/MAX Central are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2022-08-08T23:46:19.39.
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208 Indiana St Maplewood Twp., NJ 07040

  • Price: $299,950
  • Status: Active
  • On Site: 46 Days
  • MLS #: 3791588
3
Beds
2
Baths
1
½ Baths
0.11
Acres
1925
Built
County:
Essex
Area:
Maplewood Twp.
Property Description
MAPLEWOOD APPROVED PROJECT: A great opportunity to create brand new large spacious 3 bedroom house spread over 2 floors w/ 2.5 baths by adding a level and additional living space within the basement. Plans and permits have been approved reducing the time scale and holding costs. This property has not been built and will be sold as is. We estimate that the renovation costs will be in the region of $150-200K with an after repair value of $680-750K+ depending on your scope of work. Alternatively you can start from scratch and apply for the appropriate compliance documents to build a new construction home. Or a larger development by possibly securing additional land space by approaching the neighbor next door. 4 bedroom single family homes have been sold in the area for $750-900K+ on larger lots. This is definitely an opportunity that should not be missed in a very sought after area. This home will not qualify for a standard FHA loan. Only Cash, Private Funding, Renovation Loan, Hard Money & FHA 203K. Drawings are available once proof of funding has been received and permit information will be supplied once we have accepted an offer and I have attached videos. Pls use all precautions when walking through and around the site as well as being always accompanied by a contractor or a licensed real estate professional. The buyer is responsible for all city inspections, signed buyers hold harmless & release will be required. Seller will only entertain offers from direct end buyers.
Exterior Features

Approximate Lot Size 50X100 Color Of Building White Exterior Description See Remarks Garage Description Detached Garage Lot Description Level Lot Number Of Parking Spaces 4 Parking Driveway Description 1 Car WidthBlacktop Pool No Primary Style See Remarks Roof Description See Remarks Style See RemarksDevelopment HomeFixer Upper

Interior Features

Appliances See Remarks Basement Yes Basement Description Unfinished Bedroom1 Level Second Bedroom2 Level Second Bedroom3 Level Second Cooling See Remarks Dining Area Formal Dining Room Dining Room Level First Exclusions None Family Room Level First Heating See Remarks Kitchen Area Eat-In KitchenSeparate Dining Area Kitchen Level First Level1 Rooms Bath(S) OtherDining RoomFamily RoomKitchenLiving RoomPantryPorch Level2 Rooms 3 BedroomsBath MainBath(S) Other Living Room Level First Master Bedroom Description Full Bath Number Of Fireplaces 0 Number Of Rooms 8

Property Features

Assessment Total 288100 Block Identifier 29.09 Building Assessment 122100 Community Living No Easement Unknown Farm Assessment No Fha Age Restricted No Fuel Type See Remarks Handicap Modified No Home Warranty No In Law Suite No Land Assessment 166000 Sewer Public SewerSee Remarks Sub Property Type Single Family Tax Amount 9320 Tax Rate Amount 3.419 Tax Year 2021 Utilities See Remarks Water See Remarks Water Heater See Remarks Year Built Description Approximate

Listing information © 2022 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of .


Garden State MLS logo © 2022 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Team Gio | RE/MAX Central. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Team Gio | RE/MAX Central are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2022-08-08T23:46:19.39.
 
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520 Rt 9 North
Manalapan NJ, 08527