Marquette Road, Montclair NJ
Purchased: 4/26/2006
Purchase Price: $561,000
MLS# 2439368
Sold: 11/16/2007
Sale Price: $535,000
Clayton Street, Hillsdale NJ (Short Sale)
Purchased: 10/6/2005
Purchase Price: $630,000
Currently listed as MLS# 2743411
Original List Price: $499,900
List Price: $479,900
DOM: 23
Active
Lasalle Ave, Hasbrouck Heights NJ (Short Sale)
Purchased: 10/26/2006
Purchase Price: $460,000
Currently listed as MLS# 2739691
Original List Price: $409,900
List Price: $389,900
DOM: 48
Active
Van Arsdale Place, Teaneck NJ (Short Sale)
Purchased: 2/13/2006
Purchase Price: $411,450
Currently listed as MLS# 2740250
Original List Price: $399,000 (Previously listed at $449,900)
List Price: $349,900
DOM: 47
Active
Lasalle Ave, Hasbrouck Heights NJ (Short Sale)
Purchased: 10/26/2006
Purchase Price: $460,000
Currently listed as MLS# 2739691
Original List Price: $409,900
List Price: $389,900
DOM: 48
Active
Mary St, Englewood NJ (Short Sale)
(No photo)
Purchased: 9/29/2005
Purchase Price: $335,000
Currently listed as MLS# 2462302
Original/List Price: $219,900
DOM: 3
Active
Ridge Road, South Brunswick, NJ
Purchased: 12/6/2004
Purchase Price: $300,000
MLS# 2393636
Sold: 11/16/2006
Sale Price: $299,000
I’ve read multiple articles about purchasing a house with a tree that close to the foundation. Apparently, it’s risky.
Or maybe it was TV shows. Will look for the articles, though.
Thnaks for all these comp breakers. Anyone in the market knows now that prices are seriously heading toward the cliff dive. It is happening.
This fence sitting jack will take his timwe and choose and pick the best falling knife.
sorry, i’m new here… what’s a short sale?
Owner gets approval from the lender to sell the home for less than the outstanding balance of the mortgage. Had the sale not been “short”, the seller would have been required to bring the difference (cash) to the closing table. In the case of a short sale, the loss is “forgiven”.
wow! I feel much better after seeing these. I can’t believe people paid those prices.I still think that house in Monclair is overpriced @ 535. Why don’t people look at lower tax towns with good schools, services, etc?
Forgiving not forgotten!!! According to the IRS
grim Says:
November 19th, 2007 at 5:45 pm
Owner gets approval from the lender to sell the home for less than the outstanding balance of the mortgage. Had the sale not been “short”, the seller would have been required to bring the difference (cash) to the closing table. In the case of a short sale, the loss is “forgiven”.