Property Overview

Sussex County NJ ranch. 1,919 SF main level + finished lower level on 0.33 acre. 3 bed / 1.5 bath, built 1986. Active main-floor rehab, finished basement, premium mechanicals. Priced to reflect both the work remaining and the basement moisture condition disclosed below. MECHANICALS (THE STRENGTH - LEAD HERE) - Armstrong oil furnace, 81% AFUE. Mechanical permit FINAL 02/24/11. Burner service tags from Joe's Heating through recent years. - Rheem Performance Platinum Gladiator electric water heater with LeakGuard auto shut-off (newer premium unit) - AquaNue well treatment + FLEX2 pressure tank, well test tag present - 200A Square D panel, labeled. Electrical permit 23-127 SERVICE APPROVED 4/18/23 - FINAL not yet signed (open permit, new buyer to close) - Oil tank in basement MAIN FLOOR - active gut rehab - All new American Craftsman vinyl windows installed throughout, including the triple front window - Drywall hung, at tape/spackle stage in most rooms - One room finished and painted (green accent wall, black-trimmed windows) - shows the standard the rest is heading toward - Original oak strip flooring exposed throughout, ready for refinish - Kitchen not started (open canvas) - Second/main-floor bath gutted to subfloor, new toilet and vanity staged but not set FINISHED LOWER LEVEL (not bonus - real finished space) - Marble-look tile shower bathroom: tile, black fixtures, new vanity and toilet - hero space - Multiple finished rooms: LVP flooring, painted walls, baseboard, closet and shelving build-outs, framed doorway - Buyer to verify zoning re: any accessory-suite use EXTERIOR - New architectural roof (one peeled-back section on a lower slope to address) - Full re-side required: front stripped to plywood, rear/side has a long horizontal seam crack with patching - Spalling chimney crown + upper brick - Rear deck failing across the surface plus rot at the door threshold - budget refinish or partial rebuild - Attached garage DISCLOSURES - READ THIS - BASEMENT MOISTURE is recurring, not cosmetic. Tide-line staining at baseboard on finished walls. Damp / efflorescence / rust at the block wall base and tank legs in the mechanical room. Hillside lot with bilco entry. Walkthrough video available - buyer inspects and prices it. - OPEN ELECTRICAL PERMIT (UCC 23-127). Service inspection approved 4/18/23, Final not signed. New buyer to close out. - Current rehab work performed by prior/current owner. Buyer to verify permit status of framing / drywall / plumbing in progress. - Property DELIVERED VACANT at close. THE NUMBERS - ARV: $440,000 (independently comped) - Cost to finish: ~$77K (NJ-localized, 20% contingency) - Asking: $239,900 - CASH or HARD MONEY only Title open with Elite Title Group. Can close 14-21 days.

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