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Previous Description:
Investor / Builder Special in Rutherford, NJ – 6-unit residential new construction project being sold at end of framing stage with framing complete, roof installed, windows in, house wrap done, and plumbing rough started. Each unit is designed as 2 Bed / 2 Bath (~1,250 SF each) with rear parking for 12 cars and EV charger setup. Prime commuter location just a few blocks to the Rutherford train station and directly in front of a bus line to NYC. Offered at $2,500,000 as-is with approximately $1M needed to complete and a projected after-built value of ~$4,000,000, creating substantial built-in equity and upside potential. Step into a nearly vertical build and finish with instant value. Builder is willing to complete construction for the new owner. Plans and approvals available — serious investors, developers, and 1031 exchange buyers only.
Updated Description:
Investor / Builder Special in Rutherford. A 6-unit residential new construction project being sold at end of framing stage with framing complete, roof installed, windows in, house wrap done, and plumbing rough started. Each unit is designed as 2 Bed / 2 Bath (~1,250 SF each) with rear parking for 12 cars and EV charger setup. Prime commuter location just a few blocks to the Rutherford train station and directly in front of a bus line to NYC. Offered at $2,500,000 as-is with approximately $1M needed to complete and a projected after-built value of ~$4,000,000, creating substantial built-in equity and upside potential. Step into a nearly vertical build and finish with instant value. Builder is willing to complete construction for the new owner. Plans and approvals available — serious investors, developers, and 1031 exchange buyers only.
