{"id":5111,"date":"2025-07-21T23:51:02","date_gmt":"2025-07-21T23:51:02","guid":{"rendered":"https:\/\/strandparkproperties.com\/?page_id=5111"},"modified":"2026-09-23T09:02:16","modified_gmt":"2026-09-23T09:02:16","slug":"410-czaplicki-st-manville-nj-08835","status":"publish","type":"page","link":"https:\/\/strandparkproperties.com\/?page_id=5111","title":{"rendered":"280 Birchwood Rd, New Milford, NJ 07646"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">280 Birchwood Rd, New Milford, NJ 07646<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"678\" src=\"https:\/\/strandparkproperties.com\/wp-content\/uploads\/2026\/09\/IMG_5578.webp\" alt=\"\" class=\"wp-image-7748\" srcset=\"https:\/\/strandparkproperties.com\/wp-content\/uploads\/2026\/09\/IMG_5578.webp 1024w, https:\/\/strandparkproperties.com\/wp-content\/uploads\/2026\/09\/IMG_5578-300x199.webp 300w, https:\/\/strandparkproperties.com\/wp-content\/uploads\/2026\/09\/IMG_5578-768x509.webp 768w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">Great opportunity in&nbsp;New Milford, NJ.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">This Manville home consists 4 beds, 3 baths, 1,515 sq. ft., built in 1940.<\/p>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/strandparkproperties.com\/?page_id=5120\">CLICK TO VIEW PICTURES AND VIDEOS<\/a><\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-group alignfull has-base-2-background-color has-background has-global-padding is-layout-constrained wp-container-core-group-is-layout-73128380 wp-block-group-is-layout-constrained\" style=\"margin-top:0;margin-bottom:0;padding-top:var(--wp--preset--spacing--50);padding-right:var(--wp--preset--spacing--50);padding-bottom:var(--wp--preset--spacing--50);padding-left:var(--wp--preset--spacing--50)\">\n<div class=\"wp-block-columns alignwide is-layout-flex wp-container-core-columns-is-layout-d525a65d wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-container-core-column-is-layout-da384c3e wp-block-column-is-layout-flow\">\n<p class=\"has-text-align-left wp-block-paragraph\"><strong>As-is value: <\/strong><\/p>\n\n\n\n<p class=\"has-text-align-left wp-block-paragraph\">$550,000<\/p>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-container-core-column-is-layout-da384c3e wp-block-column-is-layout-flow\">\n<p class=\"has-text-align-left wp-block-paragraph\"><strong>After Repair Value: <\/strong><\/p>\n\n\n\n<p class=\"has-text-align-left wp-block-paragraph\">$920,000<\/p>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-container-core-column-is-layout-da384c3e wp-block-column-is-layout-flow\">\n<p class=\"has-text-align-left wp-block-paragraph\"><strong>Investment Duration: <\/strong><\/p>\n\n\n\n<p class=\"has-text-align-left wp-block-paragraph\">26 Days<\/p>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-container-core-column-is-layout-da384c3e wp-block-column-is-layout-flow\">\n<p class=\"has-text-align-left wp-block-paragraph\"><strong>Return on Investment: <\/strong><\/p>\n\n\n\n<p class=\"has-text-align-left wp-block-paragraph\">60% ROI<\/p>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-container-core-column-is-layout-da384c3e wp-block-column-is-layout-flow\">\n<p class=\"has-text-align-left wp-block-paragraph\"><strong>Rehab Cost<\/strong><\/p>\n\n\n\n<p class=\"has-text-align-left wp-block-paragraph\">$133,000<\/p>\n<\/div>\n<\/div>\n\n\n\n<div style=\"height:var(--wp--preset--spacing--20)\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<div class=\"wp-block-columns alignwide is-layout-flex wp-container-core-columns-is-layout-d525a65d wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-container-core-column-is-layout-da384c3e wp-block-column-is-layout-flow\">\n<p class=\"has-text-align-left wp-block-paragraph\"><strong>Agreed Purchase Price:<\/strong><\/p>\n\n\n\n<p class=\"has-text-align-left wp-block-paragraph\">$870,000<\/p>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-container-core-column-is-layout-da384c3e wp-block-column-is-layout-flow\">\n<p class=\"wp-block-paragraph\"><strong>IMPORTANT NOTICE: Investment Security &amp; Exit Structure<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">A <strong>signed Purchase Agreement is in place with a committed End Buyer<\/strong>, establishing a defined exit for the project. The End Buyer has also deposited a <strong>20% non-refundable EMD<\/strong>, which is being held by <strong>Sunnyside Title Company<\/strong> in escrow.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">If the End Buyer fails to close following completion of the renovation, the <strong>Joint Venture Contract Agreement<\/strong> requires StrandPark Properties Limited to pay the investor their <strong>full initial investment plus the agreed return on the exact payment date specified in the agreement<\/strong>, regardless of when the property ultimately sells.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The combination of the <strong>signed End-Buyer Agreement, non-refundable EMD held in escrow, and contractual payment obligation<\/strong> provides a clearly defined exit structure and contractual protection for the investor.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>No Additional Capital Calls:<\/strong> The Operating Partner is solely responsible for any cost overruns, protecting the investor from being asked for further funds beyond the initial $133,000 commitment.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Information Rights:<\/strong> Weekly financial reporting requirements ensure complete transparency, allowing the investor to monitor the project\u2019s financial health in real-time.<em class=\"\"><\/em><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>JOINT VENTURE CONTRACT AGREEMENT FORM<\/strong><\/p>\n\n\n\n<div data-wp-interactive=\"core\/file\" class=\"wp-block-file\"><object data-wp-bind--hidden=\"!state.hasPdfPreview\" hidden class=\"wp-block-file__embed\" data=\"https:\/\/strandparkproperties.com\/wp-content\/uploads\/2025\/10\/Strandpark-properties-JV-contract-agreement-6.pdf\" type=\"application\/pdf\" style=\"width:100%;height:600px\" aria-label=\"Embed of Strandpark properties JV contract agreement.\"><\/object><a id=\"wp-block-file--media-53f55c5c-d01a-40a4-b600-d9063f0ee6e3\" href=\"https:\/\/strandparkproperties.com\/wp-content\/uploads\/2025\/10\/Strandpark-properties-JV-contract-agreement-6.pdf\">Strandpark properties JV contract agreement<\/a><a href=\"https:\/\/strandparkproperties.com\/wp-content\/uploads\/2025\/10\/Strandpark-properties-JV-contract-agreement-6.pdf\" class=\"wp-block-file__button wp-element-button\" download aria-describedby=\"wp-block-file--media-53f55c5c-d01a-40a4-b600-d9063f0ee6e3\">Download<\/a><\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-container-core-column-is-layout-da384c3e wp-block-column-is-layout-flow\">\n<p class=\"has-text-align-left wp-block-paragraph\"><strong>Lead Contractor<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Michael Scott<\/p>\n<\/div>\n<\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-group alignfull has-global-padding is-layout-constrained wp-container-core-group-is-layout-36f65c2d wp-block-group-is-layout-constrained\" style=\"margin-top:0;margin-bottom:0;padding-top:var(--wp--preset--spacing--50);padding-right:var(--wp--preset--spacing--50);padding-bottom:var(--wp--preset--spacing--50);padding-left:var(--wp--preset--spacing--50)\">\n<div class=\"wp-block-group alignwide has-global-padding is-layout-constrained wp-container-core-group-is-layout-90edb088 wp-block-group-is-layout-constrained\">\n<div class=\"wp-block-group is-vertical is-content-justification-center is-layout-flex wp-container-core-group-is-layout-5ef3efcf wp-block-group-is-layout-flex\">\n<h2 class=\"wp-block-heading has-text-align-left\">Rehab Cost Breakdown<\/h2>\n<\/div>\n<\/div>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>Renovation Item<\/strong><\/td><td><strong>Budget<\/strong><\/td><\/tr><tr><td>Kitchen modernization + cabinetry\/countertops<\/td><td><strong>$21,000<\/strong><\/td><\/tr><tr><td>Samsung smart double-door refrigerator<\/td><td><strong>$4,000<\/strong><\/td><\/tr><tr><td>3 bathroom renovations<\/td><td><strong>$22,000<\/strong><\/td><\/tr><tr><td>Interior paint &amp; drywall\/patching<\/td><td><strong>$14,000<\/strong><\/td><\/tr><tr><td>Flooring\/refinishing &amp; trim<\/td><td><strong>$11,000<\/strong><\/td><\/tr><tr><td>Electrical updates &amp; fixtures<\/td><td><strong>$8,000<\/strong><\/td><\/tr><tr><td>Plumbing updates<\/td><td><strong>$6,000<\/strong><\/td><\/tr><tr><td><strong>Full HVAC replacement<\/strong><\/td><td><strong>$14,000<\/strong><\/td><\/tr><tr><td>Exterior repairs &amp; paint<\/td><td><strong>$8,000<\/strong><\/td><\/tr><tr><td>Landscaping &amp; curb appeal<\/td><td><strong>$6,000<\/strong><\/td><\/tr><tr><td>Doors, lighting &amp; fixtures<\/td><td><strong>$5,000<\/strong><\/td><\/tr><tr><td>Cleanup\/demo\/haul-off<\/td><td><strong>$4,000<\/strong><\/td><\/tr><tr><td>Contingency<\/td><td><strong>$10,000<\/strong><\/td><\/tr><tr><td><strong>Total<\/strong><\/td><td><strong>$133,000<\/strong><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n<\/div>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Comps<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Recent New Milford sales show a pretty wide range depending heavily on size, condition and level of renovation:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>340 Madison Ave<\/strong> \u2014 4 bed \/ 3 bath \u2014 <strong>$875,000<\/strong>, sold Sept. 9, 2026.&nbsp;<\/li>\n\n\n\n<li><strong>119 Lenox Ave<\/strong> \u2014 4 bed \/ 3 bath \u2014 <strong>$950,000<\/strong>, sold Aug. 4, 2026.&nbsp;<\/li>\n\n\n\n<li><strong>455 Hoffman Ave<\/strong> \u2014 4 bed \/ 2.5 bath \u2014 <strong>$830,000<\/strong>, sold July 9, 2026.&nbsp;<\/li>\n\n\n\n<li><strong>1037 Carnation Dr<\/strong> \u2014 4 bed \/ 2 bath \u2014 <strong>$770,000<\/strong>, sold Apr. 16, 2026.&nbsp;<\/li>\n\n\n\n<li><strong>121 Pine Ave<\/strong> \u2014 4 bed \/ 3 bath \u2014 <strong>$715,000<\/strong>, sold June 2026.&nbsp;<\/li>\n\n\n\n<li><strong>1103 Korfitsen Rd<\/strong> \u2014 4 bed \/ 3 bath \u2014 <strong>$1,250,000<\/strong>, sold Aug. 6, 2026.&nbsp;<\/li>\n\n\n\n<li><strong>1025 Maple Dr<\/strong> \u2014 4 bed \/ 3.5 bath \u2014 <strong>$1,210,000<\/strong>, sold Aug. 21, 2026.&nbsp;<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>280 Birchwood Rd, New Milford, NJ 07646 Great opportunity in&nbsp;New Milford, NJ. This Manville home consists 4 beds, 3 baths, 1,515 sq. ft., built in 1940. As-is value: $550,000 After Repair Value: $920,000 Investment Duration: 26 Days Return on Investment: 60% ROI Rehab Cost $133,000 Agreed Purchase Price: $870,000 IMPORTANT NOTICE: Investment Security &amp; Exit [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_eb_attr":"","footnotes":""},"class_list":["post-5111","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/strandparkproperties.com\/index.php?rest_route=\/wp\/v2\/pages\/5111","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/strandparkproperties.com\/index.php?rest_route=\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/strandparkproperties.com\/index.php?rest_route=\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/strandparkproperties.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/strandparkproperties.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=5111"}],"version-history":[{"count":6,"href":"https:\/\/strandparkproperties.com\/index.php?rest_route=\/wp\/v2\/pages\/5111\/revisions"}],"predecessor-version":[{"id":7759,"href":"https:\/\/strandparkproperties.com\/index.php?rest_route=\/wp\/v2\/pages\/5111\/revisions\/7759"}],"wp:attachment":[{"href":"https:\/\/strandparkproperties.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=5111"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}