2 Lake Stockholm Ter , Jefferson Twp., Morris 07460-1119

One-family Cape Cod home located in Stockholm featuring 3 bedrooms and 1 full bath, situated on a 6,000 sq ft lot. This property is a short sale and is being sold strictly as-is, requiring a full renovation, making it an ideal opportunity for investors, builders, or buyers looking to customize a home to their vision. The layout offers solid bones with the potential to expand the second floor, significantly increasing living space and overall value. With the right improvements, the property presents strong upside potential, with an estimated after-repair value (ARV) of approximately $575,000. Conveniently located near local amenities, parks, and major roadways, this home is well-positioned for long-term value. Buyer is responsible for a $4,500 short sale negotiation fee, as well as obtaining all required smoke and carbon monoxide certifications.