Bought with Darrell Bailey RE/MAX First Realty II
$220,000
$299,950
26.7%For more information regarding the value of a property, please contact us for a free consultation.
208 Indiana ST Maplewood, NJ 07040
2 Beds
1 Bath
Key Details
Sold Price $220,000
Property Type Single Family Home
Sub Type Colonial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 22023432
Sold Date 11/09/22
Style Colonial
Bedrooms 2
Full Baths 1
Annual Tax Amount $9,320
Property Sub-Type Colonial
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.
Location
State NJ
County Essex
Rooms
Basement None
Interior
Heating Electric
Cooling None
Fireplaces Number None
Exterior
Parking Features Detached
Garage Spaces 2.0
Pool None
Waterfront Description None
Building
Lot Description Regular
Others
Ownership Private
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