Expired
Note to Agent: Don't Shoot Pics of Listings With Cell Phone
This week’s installment is a dandy little Colonial on Station Rd. Currently asking $739,900 EXPIRED, it was originally listed at $949,000 on August 17, 2006 and has spent 806 actively-listed days hurtling toward oblivion. In the interim, it has had two tenants, who I’m sure have made an excellent contribution toward accelerating the depreciation.
Given that the current tax assessment on this property is $694,000- and that virtually no properties in this range sell for even the amount of the tax assessment in Branchburg- will this house ever find an owner? Or, will the next owner be the lender who financed the construction?
February 24th, 2010 at 9:32 pm
What a beautiful luxury home, its a shame the image is so very far away and grainy
We have found that real estate in our area is barely selling over tax assessment, however we are hopeful that some of the government improvements will bring the market around – Slowly as that may be.