The property at 109 Bedford St, East Orange, NJ, offers a solid foundation for flipping due to its 3 bedrooms, 2.5 baths, and colonial style. Located in the Elmwood neighborhood, where the median listing price is $549K, the property is listed at $475K, slightly below the neighborhood median. However, the absence of square footage data limits precise valuation. Comparable properties in the area show valuations exceeding $500K, indicating potential for profit if renovations are cost-effective and appeal to buyers.
To maximize flip potential, focus on modernizing high-impact areas like the kitchen and bathrooms while enhancing curb appeal to attract buyers. Ensure renovation costs align with the projected after-repair value (ARV) of approximately $540K, based on comps. A detailed cost estimate and local market analysis will be essential to confirm profitability. If selling, stage the home to highlight its spacious layout and colonial charm.