I thought I’d start everyone off this week with a good laugh. There is a condo for sale on Valley Road in Montclair, near the Montclair State campus, that you just won’t believe. Now, I’m sure most everyone is familiar with the concept of condo conversions, a property owner basically converts all apartments on the property into condos, and sells them off for a hefty profit. This is much more common on the west coast than in NJ, however, I have seen my fair share. This has got to be the most bizarre condo conversion there ever was. This building is right next door to a rather large house (which I believe was already split up). The only way I can describe this ‘condo’ for sale is to call it a tree house. Perhaps it was the pool house at one time, or maybe just the kids playhouse, but whatever it is, it sure isn’t a house. Take a look:
I’m sorry if it’s a bit hard to see, it seems to be a two level structure, slightly larger on the top. I couldn’t get close enough to shoot a better picture, but I can confirm it’s got utilities and is definately a residence. Hey, it’s got a pool too. I tried calling the realty company to get a price, but there was no one available on Sunday.
If this isn’t the most perfect illustration of a manic market, I don’t know what is. What’s next condo conversions of garages?