Flip report generated Apr 1, 2025
The Flip Potential of
16 Cemetery Ln Bordentown, NJ 08505
is medium.
Current Specs
Multi-Family
2 Units
5 Bed / 1 Bath
2,312 sqft
$147 per sqft
Estimated Value$340,000
Flip Advice
This 2,312 sqft multi-family property in Bordentown, NJ presents an interesting opportunity for investors. Built in 1945, it features 5 bedrooms and is currently listed at $340,000 ($147/sqft). The property includes two units: a main house and a separate 2-bedroom apartment, offering potential for rental income. However, it needs some TLC, which could be seen as an opportunity to add value through renovations.
Given the property's potential and the local market conditions, this could be a worthwhile investment for the right buyer. Consider budgeting for necessary renovations to increase the property's value and appeal. The separate apartment unit provides flexibility for rental income or multi-generational living. Before proceeding, get detailed estimates for all required repairs and renovations, and factor in a contingency budget for unexpected costs.
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.