Real estate trends, community events and other stuff happening in Branchburg.
This festering insult to the neighborhood sold to its busted-out owners in June, 2005 for a bargain-priced $540,000. This week, it sold again…for $265,000. A veritable tabula rasa awaits its proud new owner. I’m just glad the neighbors won’t have to tolerate this eyesore much longer.
Here’s a terrific, well-located 2 BR townhome in Glenbrooke (Bridgewater Twp), now at $257,000. It’s been lightly lived-in, freshly painted and is turnkey nice. A couple of reductions have also put it well under competing homes. Someone is going to get a great deal here.
Virtual Tour: http://rtvpix.com/RE-7038-BLF3H2-01
It’s one thing when your deadbeat neighbor strips the copper out of his house, lets the weeds grow a foot high, then mails his keys back to the bank. It’s quite another when Taubman, SPG, Vornado and Morgan Stanley do it.
“Banking-industry officials and others have argued that homeowners have a moral obligation to pay …
This assault on the eyes began its sad descent in February, 2008 and was originally priced at $749,000. It is apparently a new home built on an old foundation. Over the course of 743 excruciating days on market, it became a short sale, and the asking was lowered to a merely nosebleed-inducing $575,000.
Well, …
This diamond in the rough has spent 729 days on the market since August of 2008. At this point, the only question a buyer might have would be: is this house really for sale?
There is a difference between selling your home and trolling for a sucker. This house has crossed that line.
Twenty this month. You can thank the 8K rope-a-dope tax credit for that:
6 Apache $336,000
416 Azalea $218,500
3 Birch $627,000
1613 Breckenridge $222,500
14 Cascades $510,000
620 Case $320,000
105 Choctaw Ridge $370,000
129 Howell $528,000
305 Kelly $619,000
3343 Lukes Pond $580,000 (short sale)
101 N Branch River Rd $310,000
114 N Branch River Rd $345,000
115 N Branch River Rd $365,000
118 N Branch …
Here’s another example of magical thinking. It’s a nice enough house…clean, updated kitchen, beautiful pool…but it was built in 1973 and has the limitations you’d expect of such a home. Unfortunately, the seller priced it out of the box at $539,000, thinking that the neighborhood had entered a time warp and traveled back …
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 …
Closings below were from 12/1/09 through 12/31/09. Short sales are noted.
1705 Breckenridge Dr. $209,000 (short sale)
611 Magnolia Ln. $239,000
736 Magnolia Ln. $236,000
17 Cheyenne Trl. $375,000
2 Rolland Dr. $369,000
39 Seneca Trl. $407,500
129 Fairview Dr. $439,900
252 Carol Jean Wy. $400,000
141 Fairview Dr. $479,000
119 Brandon Ct. $465,000
2 Oak Tavern Cir. $560,000
24 Champions Cir. $600,000
The following Branchburg homes (out of a total 69 active listings) are marked “attorney review” as of this morning:
802 Breckenridge
104 Red Crest
110 North Branch River Rd.
43 Strawberry Hill
165 Fairview
410 Clover
2 Oak Tavern
My understanding is that the River Trace development (the 110 N. Branch River Rd. listing) has a lis pendens filed against it by Branchburg …