Category Archives: Comp Killer

Brigadoon Mega-Comp-Killer

Posted on April 30, 2009 by grim

Many don’t know that Brigadoon is what Westfield-insiders refer to their town as when among locals. Really! Only outsiders call it Westfield and you’d stick out like a sore thumb if you called it that to someone familiar with the … Continue reading →

Posted in Comp Killer, Housing Bubble, North Jersey Real Estate | 299 Comments

March Comp Killer 2!

Posted on April 5, 2009 by grim

Morris Comp Killer! (in progress, keep checking back. Price descending order, so scroll through to see updates) MLS# 2609747 132 Ormont Rd, Chatham NJ Purchased: 9/13/2005 Purchase Price: $890,000 Sold: 3/12/2009 Sale Price: $726,000 18.4% below 2005 purchase price MLS# … Continue reading →

Posted in Comp Killer | 148 Comments

March Comp Killer!

Posted on April 4, 2009 by grim

Bergen Comp Killer! MLS# 2845722 15 Terhune Ct, Upper Saddle River NJ Purchased: 6/1/2006 Purchase Price: $1,600,000 Original List Price: $1,699,000 Sold: 3/6/2009 Sale Price: $1,250,000 21.9% below 2006 purchase price MLS# 2829680 123 Woodland Ave, Ridgewood NJ Purchased: 8/29/2006 … Continue reading →

Posted in Comp Killer | 164 Comments

February Comp Killer!

Posted on February 13, 2009 by grim

Here are a sampling of properties that have closed across Northern NJ over the past 20 days or so (excludes Morris, see the Morris Comp Killer by clicking the “Comp Killer” shortcut on the right). It might help to read … Continue reading →

Posted in Comp Killer, New Jersey Real Estate | 361 Comments

Morris County Comp Killers

Posted on February 7, 2009 by grim

Take a deep breath, a sip of coffee, and repeat after me: Home prices can fall. Home prices can fall. Home prices can fall farther than I believe possible. Home prices can fall for longer I believe possible. My/Your home … Continue reading →

Posted in Comp Killer, Housing Bubble, Lowball, New Jersey Real Estate | 317 Comments

Montclair Comp Killer!

Posted on February 6, 2009 by grim

Not a Friday afternoon without a comp killer and a bank failure. Today’s comp killer comes to us from prestigious Upper Montclair, NJ. This property was acquired by the prior owner during the very frothy Summer 2005 market, in fact, … Continue reading →

Posted in Comp Killer, Housing Bubble, Lowball, New Jersey Real Estate | 326 Comments

Hunterdon Comp Killer!

Posted on February 1, 2009 by grim

Thanks to willwork4beer for compiling this weeks list of Hunterdon County Comp Killers! MLS#: 2624439 312 BYRAM-KINGWOOD RD Kingwood Twp Purchase: 05/14/04 $465,900 Original List Price: 03/25/08 $549,900 SOLD: 01/30/09 $370,000 20.59% off the 05/04 sale price 32.72% off 03/08 … Continue reading →

Posted in Comp Killer, Housing Bubble, New Jersey Real Estate | 189 Comments

Bergen County Comp Killers!

Posted on January 29, 2009 by grim

Hat tip to Rich in NNJ for pulling this list together! Make sure you thank Rich for his hard work! BERGENFIELD 90 LINCOLN AVE SOLD: $388,000 12/12/2006 SOLD: $262,000 1/9/2009 CLIFFSIDE PARK 268 WAYNE AVE SOLD: $410,000 2/6/2004 SOLD: $345,500 … Continue reading →

Posted in Comp Killer, Housing Bubble, New Jersey Real Estate | 386 Comments

Comp Killer Sunday Football Edition

Posted on January 25, 2009 by grim

Today’s comp killer comes to us courtesy of Luxist Turns out football superstar Terrell Owens is significantly underwater on his Moorestown, NJ estate. His property, on Cove and Landing in Moorestown, was purchased in May of 2004 for an astounding … Continue reading →

Posted in Comp Killer, Housing Bubble, New Jersey Real Estate | 101 Comments

Weekend Comp Killer!

Posted on June 29, 2008 by grim

19 Yale Terrace, Montclair NJ Purchased: 6/1/2005 Purchase Price: $762,000 MLS# 2503228 Sold: 6/26/2008 Sale Price: $705,000 19 Woods End Road, West Orange NJ Purchased: 6/1/2004 Purchase Price: $379,000 MLS# 2493002 Sold: 6/27/2008 Sale Price: $362,500 31 North Road, Chester … Continue reading →

Posted in Comp Killer, Housing Bubble, Lowball, New Jersey Real Estate | 154 Comments

Comp Killer!

Posted on May 30, 2008 by grim

John St, Ridgewood NJ Purchased: 6/30/2006 Purchase Price: $795,000 Current Asking Price: $745,000 MLS# 2819679 Listed: 5/13/2008 List Price: $769,000 Reduced to: $745,000 Active ———————————– Jerome Ave, Glen Rock NJ Purchased: 11/7/2005 Purchase Price: $520,000 Current Asking Price: $479,000 MLS# … Continue reading →

Posted in Comp Killer, Lowball, New Jersey Real Estate | 430 Comments

Watchung Comp Killer

Posted on March 27, 2008 by grim

445 Johnston Court, Watchung NJ Purchase Price: $915,000 Purchased: 4/26/2006 Current Asking Price: $749,900 (Short Sale) 18% under 2006 purchase price History MLS# 2468806 Listed: 12/20/2007 Original List Price: $749,900 Days on Market: 98 Active

Posted in Comp Killer, Price Reduced | 9 Comments

Crystal Springs Comp Killer

Posted on March 27, 2008 by grim

9 Little Tarn Court, Hardyston/Hamburg NJ Purchase Price: $850,000 Purchased: 3/3/2006 Current Asking Price: $698,800 (Short Sale) 18% under 2006 purchase price History MLS# 2270030 Listed: 4/24/2006 Original List Price: $935,000 Reduced: $885,000 Days on Market: 338 Withdrawn MLS# 2390640 … Continue reading →

Posted in Comp Killer, Price Reduced | 6 Comments

Livingston Comp Killer

Posted on March 26, 2008 by grim

14 Fernwood Road, Livingston NJ Purchase Price: $995,000 Purchased: 1/22/2007 Current Asking Price: $799,000 (Short Sale) 20% under 2007 purchase price History MLS# 2430585 Listed: 7/30/2007 Original List Price: $995,000 Reduced: $799,000 Days on Market: 240 Active

Posted in Comp Killer, New Jersey Real Estate, Price Reduced | 10 Comments