292 7Th St #4, Jc, Downtown, NJ 07302

Description

Investor special – cash only. Property is not financeable due to no active condo association or master insurance. Water is shut off because of a basement leak; boilers are inoperable, and prior inadequate heat caused frozen pipes resulting in damage to the laundromat ceiling below. Active basement water intrusion from a deteriorating structural wall requiring full rebuild and reinforcement. Roof issues include a caving chimney and improperly connected gutters/downspouts. Top floor requires full floor renovation. HOA must be re-established and master insurance secured. Real estate taxes are past due. Sold strictly as-is to a seasoned cash investor prepared for a full rehab...