🔥 FULL GUT REHAB OPPORTUNITY – HUGE UPSIDE IN HEWITT, NJ! 🏡💰

• 2 Beds / 1 Baths • 762 SqFt
Offer Submission Deadline
  • Single Family House
  • 2
  • 1
  • 1945
  • 762
  • 15856
  • Detached Garage

Description

🌲 Prime Lake Community Fix & Flip, Rental, or Value-Add Opportunity

Located in the desirable Upper Greenwood Lake community, 20 Edgewater Rd, Hewitt, NJ 07421 presents an excellent opportunity for investors, flippers, landlords, and owner-occupants looking to unlock value in one of northern New Jersey's scenic lake communities.

This 2-bedroom, 1-bathroom home offers approximately 762 square feet of living space on a generous 15,856 square foot lot, providing an excellent canvas for a complete renovation and long-term value creation. With a full basement, sizable lot, and strong renovation potential, this property offers multiple profitable exit strategies for experienced investors.

Whether you're planning a full gut renovation for resale, creating a long-term rental, developing a weekend retreat, or designing a custom primary residence, this property offers the flexibility to maximize returns in an area that continues to attract buyers seeking affordability, outdoor recreation, and proximity to northern New Jersey and New York.

The oversized lot provides additional opportunities to enhance curb appeal, expand outdoor living space, improve functionality, or explore future improvements, subject to buyer due diligence and municipal approvals.

Situated in a quiet residential neighborhood near Upper Greenwood Lake, the property offers convenient access to boating, fishing, hiking trails, parks, local shopping, restaurants, and major commuter routes. Hewitt continues to attract buyers looking for year-round living or vacation homes while benefiting from the area's natural beauty and recreational lifestyle.

The property will be delivered vacant, allowing investors immediate access to begin renovations and execute their business plan without tenant-related delays.

📍 Property Highlights

• 2 Bedrooms

• 1 Bathroom

• Approximately 762 SF

• Full Basement

• Large 15,856 SF Lot

• Built in 1945

• Vacant at Closing

• Total Renovation Opportunity

• Excellent Fix & Flip Potential

• Rental Investment Potential

• Desirable Upper Greenwood Lake Area

• Close to Lakes, Parks, Hiking, Shopping & Major Roadways

💰 Investment Potential

Value-add opportunities in Hewitt offering this combination of lot size, location, and renovation upside are becoming increasingly difficult to find. A full renovation can position this property to capitalize on strong buyer demand for updated homes in the area's lake communities, while long-term investors may benefit from continued appreciation and steady rental demand from both year-round residents and seasonal tenants.

Buyers are encouraged to conduct their own due diligence regarding property condition, permits, zoning, and future use possibilities.

Serious buyers may request additional information, photos, repair estimates, and showing instructions by contacting us directly.

Estimated Spread

  • ARV $350,000
  • Price $160,000
  • Spread $190,000