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, located in Clementon, NJ, offers a solid foundation for a flip. With 3 bedrooms and a sizable yard, it has the potential to attract families looking for space. However, it's essential to note that the neighborhood's average price per square foot is around $192, suggesting that some renovations will be necessary to maximize profit. The property is priced at $159K, which is below the neighborhood comps, indicating a good entry point for investors.
To enhance its value, consider focusing on cosmetic updates such as kitchen and bathroom remodels, which typically yield high returns. A fresh coat of paint and landscaping improvements could also significantly boost curb appeal. Given the competitive market, timely renovations and strategic marketing will help attract potential buyers quickly. This property could be a great opportunity for both investors and homeowners looking to increase their home’s value before selling.
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.
Flip Scenarios
Explore renovation scenarios based on recent comps that could increase the value of 14 Forrest Ave: