Two Home Prices Cut, One Raised

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74 Otsego

Here’s what’s changing in the world of Verona real estate this weekend, starting with a big price cut.

The asking price for the house at 11 Stonewood Parkway has been reduced to $599,900 from $649,900. This is a three-bedrooom, three-bath home with an attached garage in Verona’s Brookdale Avenue elementary school district. Gail Shepard of Coldwell Banker Montclair has the listing, and you can see the details here.

The asking price has also been lowered at 74 Otsego Road in the Laning Avenue elementary school district, by $15,000 to $444,900. The kitchen in the four-bedroom, two and a half-bath home has an adjoining dining alcove and looks right into the family room, which is always a plus for busy moms. Rick Lodato of Prudential New Jersey Properties has the listing.

But while those listings are going down, this one is going up. Louise Ozolins of Keller Williams Suburban Realty has raised the asking price on 217 Fairview Avenue to $429,900 from $350,000, citing fair market value. The home, which is in the F.N. Brown elementary school district, has three bedrooms and one and a half baths. The lots on this stretch of Fairview are among the deepest in Verona and back up to a defunct railroad line that is an excellent walking, running and biking path.

There are no open houses this weekend.[mappress]

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Virginia Citrano
Virginia Citranohttps://myveronanj.com
Virginia Citrano grew up in Verona. She moved away to write and edit for The Wall Street Journal’s European edition, Institutional Investor, Crain’s New York Business and Forbes.com. Since returning to Verona, she has volunteered for school, civic and religious groups, served nine years on the Verona Environmental Commission and is now part of Sustainable Verona. She co-founded MyVeronaNJ in 2009. You can reach Virginia at [email protected].

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