Category Archives: Comp Killer

Welcome to Spring – Best February Prices Ever

Posted on March 22, 2024 by grim

From CNN: US home sales surged last month, despite highest February prices on record Sales of previously owned homes in the US unexpectedly soared in February to the highest level in a year, in a sign that buyers are returning … Continue reading →

Posted in Comp Killer, Housing Bubble, National Real Estate | 149 Comments

Epic Assemblage

Posted on October 19, 2023 by grim

From the NY Post: Ken Griffin plans to build the most expensive home on Earth — a $1B mega-estate Palm Beach, Florida, a playground for the rich and famous, is no stranger to opulence.  But it seems that billionaire hedge-fund … Continue reading →

Posted in Comp Killer, Housing Bubble, National Real Estate, New Development | 72 Comments

A new record for NYC

Posted on June 5, 2019 by grim

From the WSJ: Philip Falcone Sets NYC Record With Nearly $80 Million Townhouse Sale Former hedge-fund manager Philip Falcone has sold a New York townhouse for close to $80 million, making it the most expensive residential townhouse ever sold in … Continue reading →

Posted in Comp Killer, Economics, Employment, NYC | 137 Comments

So what’s this mean for Jersey?

Posted on July 3, 2018 by grim

From Bloomberg: Manhattan Homebuyers Demand Bargains, Walk Away—Anything But Overpay In his hunt for an apartment on Manhattan’s Upper West Side, Hal Walker found the perfect one-bedroom in an Art Deco building across from Central Park. It had languished on … Continue reading →

Posted in Comp Killer, Economics, New Jersey Real Estate, NYC | 78 Comments

Comp Killer – Saddle River Edition

Posted on February 14, 2018 by grim

From Variety: Mary J. Blige Faces Huge Loss on New Jersey Estate Mary J. Blige is riding a well-deserved professional crest with two Oscar nominations — one for supporting actress and one for original song, both for the acclaimed Netflix … Continue reading →

Posted in Comp Killer, New Jersey Real Estate | 61 Comments

Spy house still empty, Fitz-Hume and Millbarge disapprove.

Posted on June 28, 2016 by grim

From the NY Times: ‘Spy House,’ a Decrepit Reminder of Betrayal, Sits Empty in New Jersey Amid the 75 houses inside the oak-lined, no-outlet neighborhood, a single home stands unoccupied, a celebrity eyesore. Inside the house, the baseboards have been … Continue reading →

Posted in Comp Killer, New Jersey Real Estate | 54 Comments

Murder Shmurder

Posted on September 8, 2014 by grim

From the Philly Inquirer: On the House: On disclosure, and homes that languish on market Lately, I have been going back to two things our listing agent drummed into my head when we were selling our last house. Disclose, disclose, … Continue reading →

Posted in Comp Killer, General, New Jersey Real Estate | 91 Comments

Inquirer takes a slam at South Jersey (for good reason)

Posted on October 22, 2012 by grim

From the Philly Inquirer: N.J.’s local tax bills keep spiraling upward Ted Marvel pays $4,900 in annual property taxes on his 1,000-square-foot home in the heart of Collingswood. In fact, his monthly tax bill – $407 – is starting to … Continue reading →

Posted in Comp Killer, Politics, Property Taxes, South Jersey Real Estate | 91 Comments

Corzine Comp Killer

Posted on May 26, 2012 by grim

From Bloomberg: Corzine’s Hoboken Penthouse Sells at a 14% Loss for $2.8 Million A Hoboken, New Jersey, penthouse belonging to Jon Corzine, the former chairman of bankrupt MF Global Holdings Ltd. (MFGLQ), sold for $2.8 million, 14 percent less than … Continue reading →

Posted in Comp Killer, New Jersey Real Estate | 117 Comments

Après-ski (or sled) open discussion

Posted on January 21, 2012 by grim

Some weekend gossip, from the Real Deal blog: NBA veteran suffers big loss on NJ condo sale Atlanta Hawks center Jason Collins sold his North Bergen condo — fully stocked with electronics and furniture — at a 58 percent loss … Continue reading →

Posted in Comp Killer | 107 Comments

Bergen and Essex County Mega Comp Killers!

Posted on August 27, 2010 by grim

Wooooooooo!!! Double comp killer weekend! Might just bring a tear to my eye. From AMHS: Hi Grim. Hello all. I’m a long time lurker—thoroughly addicted to this blog for many, many years now. We just moved into our Montclair REO—-we … Continue reading →

Posted in Comp Killer, Housing Bubble, New Jersey Real Estate | 297 Comments

Lowball: Bruce Edition

Posted on March 25, 2010 by grim

From Housing Watch: Springsteen Takes a Loss on House Sale Bruce Springsteen, winner of 20 Grammy Awards, has sold one of his two neighboring homes in Florida’s Palm Beach County for $1 million less than its original list price, reported … Continue reading →

Posted in Comp Killer, Lowball, National Real Estate | 366 Comments

Comp Killer: WSJ Edition (or How You Can’t Go Wrong With Jersey Shore)

Posted on February 3, 2010 by grim

From the Wall Street Jounal: Jersey Shore Retreat ## River Rd, Island Heights, NJ (Ocean County) 4 Bedrooms 3.1 Baths Riverfront with Dock Purchased: 2006 Purchase Price: $1,825,000 Approximately $200,000 in updates. Current Asking: $1,650,000 Reason for Sale: Can’t afford … Continue reading →

Posted in Comp Killer, New Jersey Real Estate | 250 Comments

July Comp Killer!

Posted on August 2, 2009 by grim

Hat tip to ww4b for the Hunterdon and Warren comp killers, more to follow. Hunterdon Comp Killers 660 County Rd 579, Alexandria Twp NJ Purchased: 9/17/2004 Purchase Price: $440,000 MLS# 2670578 Listed: 4/2/2009 List Price: $429,000 Sold: 7/24/2009 Sale Price: … Continue reading →

Posted in Comp Killer | 137 Comments

Fourth of July Weekend Comp Killer!

Posted on July 4, 2009 by grim

Welcome to another edition of Comp Killer! Warren County Comp Killers, June 1st thru 30th. Double hat tip to willwork4beer for providing the Warren killers as well. Some additional color: Warren County Comp Killers. Out of 69 completed sales in … Continue reading →

Posted in Comp Killer | 148 Comments