The property at 1194 Atlantic Ave in Camden, NJ, is a 3-bed, 1-bath townhome with 2,209 sqft of living space. It is located in the Whitman Park neighborhood, where the median listing price is $135K. The home was listed at $99K, significantly below the area median, and sold for $78K. The property's condition and as-is sale status suggest a need for significant renovation. However, its detached garage and corner lot location are appealing features. Nearby comps show median sold prices of $145K-$175K with a price per square foot of $186-$302, indicating room for potential profit if renovated strategically.
If you own or are considering purchasing this property for a flip, focus on cost-effective renovations such as updating the kitchen and bathroom, refreshing flooring, and improving curb appeal, which are highly valued in this market. Ensure renovation costs do not exceed the projected resale value based on comps, which could range between $135K to $175K. For those selling as-is, pricing competitively and marketing the property as an investor-friendly opportunity will attract buyers. The neighborhood's appreciation trends support a moderate upside for an investor willing to do the work.