Flip report generated Jun 9, 2025
The Flip Potential of
31 Elm Ave Haddonfield, NJ
is low.
Current Specs
5 Bed / 5 Bath
3,943 sqft
$355 per sqft
Estimated Value$1,399,999
Flip Advice
This 5-bed, 5-bath colonial in Haddonfield's Elizabeth Haddon School section offers excellent flip potential. Built in 2003 with 3,943 sqft on a 0.27-acre lot, it's priced at $1.4M ($355/sqft) in a market where median home values range from $768K-$987K. Recent updates include a new roof and water heater, but the unfinished basement provides significant value-add opportunity.
Consider converting the basement into finished living space to maximize ROI. With comp data showing properties with additional space valued at $1.46M and those with extra bedrooms at $1.45M, finishing the basement could yield a $50-85K increase in value. The home's location near transit stations and its pending status indicate strong market demand, making this a potentially profitable flip.
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.