34 4th St, Elizabeth, NJ 07206
Great opportunity in Elizabeth, NJ.
This Westville home consists of 4 beds, 2 bath, 1,400 sq. ft. of living space on a 1,376 sq. ft. lot. Don’t miss out on this great opportunity!
Investment and Property Details
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As-is Value:
$250,000
After Repair Value:
$450,000
Investment Duration:
48 Days (44–day renovation phase and a 4-day final closing period)
Return on Investment:
50% ROI
Rehab Cost
$84,000
End Buyer Agreed Purchase Price:
$432,000
Security
IMPORTANT NOTICE: Investment Security and Closing Guarantee
A Purchase Agreement has been signed with a committed End Buyer, providing an anticipated exit for the project.
In the event the End Buyer fails to close immediately following the property rehab completion, Strandpark Properties Limited is contractually obligated to pay the investor their full Return on Investment and Initial Investment on the exact date agreed upon by the investor and Strandpark Properties, as stipulated in the Joint Venture Contract Agreement. This serves as a principal guarantee and ensures the investor is paid on schedule regardless of the final sale timeline.
No Additional Capital Calls: The Operating Partner is solely responsible for any cost overruns, protecting the investor from being asked for further funds beyond the initial $84,000 commitment.
Information Rights: Weekly financial reporting requirements ensure complete transparency, allowing the investor to monitor the project’s financial health in real-time.
Lead Contractor
Joe Smith
| Rehab Item | Budget |
| Kitchen renovation | $12,000 |
| 2 bathroom renovations | $10,000 |
| Electrical | $8,000 |
| Plumbing | $7,000 |
| HVAC/heating | $7,000 |
| Flooring | $6,000 |
| Drywall & interior repairs | $6,000 |
| Interior painting | $7,000 |
| Windows, doors & trim | $5,000 |
| Exterior repairs | $5,000 |
| Fixtures & lighting | $3,000 |
| Cleanup & dumpster | $2,000 |
| Contingency | $6,000 |
| Total | $84,000 |
44-Day Renovation Schedule
| Phase | Timeline | Budget |
| Demolition & cleanup | Days 1-5 | $5,000 |
| Electrical & plumbing | Days 6-14 | $15,000 |
| HVAC/heating | Days 10-16 | $7,000 |
| Kitchen renovation | Days 15-25 | $12,000 |
| Bathroom renovations | Days 18-28 | $10,000 |
| Drywall & interior repairs | Days 24-31 | $6,000 |
| Flooring | Days 29-34 | $6,000 |
| Interior painting | Days 32-37 | $7,000 |
| Windows, doors & trim | Days 34-39 | $5,000 |
| Exterior repairs | Days 35-40 | $3,000 |
| Fixtures & lighting | Days 38-41 | $3,000 |
| Final punch list & cleaning | Days 42-44 | $2,000 |
| Total Renovation | 44 days | $81,000 |
| Contingency | $3,000 | |
| Total | 44 days | $84,000 |
Closing
Days 45–48: Final walkthrough, closing preparation, title/closing coordination and sale to the end buyer.
So the complete project timeline would be 48 days: 44 days renovation + 4 days closing.
COMPS
$429,000 — 4/2 — September 11 2026
$760,000 — 4/2 — June 11 2026
$470,000 — 4/2 — July 21 2026
$400,000 — 3/2 — June 18 2026