The property at 119 Linden Ave in Irvington, NJ, is a single-family home built in 1909, offering 2 bedrooms, 1 bathroom, and a modest lot size of 2,614 sqft. Its current list price of $199,900 is below the neighborhood's median listing price of $399,950. While the property is livable and tenant-occupied, it will be delivered vacant, presenting an opportunity for renovations. However, with limited square footage and only one bathroom, its resale value may be constrained compared to neighborhood comps, which average 3 bedrooms and 2 bathrooms.
To maximize the property's flip potential, consider adding an extra bedroom and bathroom to align with local market trends. Focus on cost-effective upgrades such as modernizing the kitchen, bathroom, and flooring to increase appeal. Given its location in Irvington, a neighborhood with rising median prices, these improvements could enhance the resale value significantly. However, keep renovation costs within a reasonable budget to ensure profitability.