Flip report generated Jan 30, 2025
The Flip Potential of
14 Forrest Ave Clementon, NJ
is medium.
Current Specs
3 Bed / 1 Bath
1,142 sqft
$140 per sqft
Estimated Value$159,900
Flip Advice
This property at 14 Forrest Ave offers a cozy 3-bedroom, 1-bath layout with a decent lot size of 0.18 acres. The surrounding neighborhood in Clementon has shown a strong median sold price of approximately $261K for similar sized homes, indicating a solid market. However, the home needs considerable updates, which could impact the return on investment for a flip. Its age and current condition suggest that while it has potential, the work required may be extensive.
Consider making strategic updates to enhance its appeal, like modernizing the kitchen and bathroom, and improving curb appeal. Given the strong comp data in the area, a well-executed flip could yield a good return. However, be prepared for additional costs and time to bring this property up to market standards. If you're not willing to invest in repairs, it may be better suited for long-term rental or waiting for a more favorable market.
The accuracy of the Frontflip report and its applicability to your circumstances are not guaranteed. This calculator is offered for educational purposes only, and is not a substitute for professional advice. All figures provided by the Frontflip calculator are estimates only and are not reflective of what your actual results may be.