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Price Cuts, Open Houses This Weekend

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76 Cumberland Avenue

There have been a flurry of price cuts on Verona homes in the past week, and that just might inspire you to step up your new house search.

The biggest cut–in percentage terms–has been to the one-bed, one-bath condo at  300 Claremont Avenue. It is now $156,000, down 8.2% or $13,900 in pure dollar terms. A similar property at 23 Park Avenue has been dropped by $7,100 to $164,900.

If you need a larger residence, there are several to choose from.There are three bedrooms and two bathrooms at 76 Cumberland Avenue, which is being remodeled as it is being shown. The asking price is now $339,000 after a cut of $20,000 on June 8. You can tour it this Sunday, June 12, in an open house from 1 to 4 p.m. A similar $20,000 cut has dropped the asking price on 44 Morningside Road to $354,900. It has three bedrooms and 1 and 1/2 baths and there is an open house there on Sunday from 1 to 5 p.m. There are five bedrooms and three bathrooms at 89 Claremont Avenue and its asking price has been lowered to $399,900, a drop of $30,000.

There are three bedrooms and 2 1/2 baths at 169 Forest Avenue and it is now listed for an even $400,000 after a price cut of $25,900. Further west in the Forest district, the asking price of the house at 78 Fairway Avenue is now $425,000, down $20,000. It also has three bedrooms and 1 and 1/2 baths. Also now priced at $425,000: 53 Linden Ave, Verona NJ, after a $15,000 price cut. It is having an open house on Sunday from 2 to 4 pm.

And finally, 143 Morningside Road is now $549,000 after a $30,000 drop in the asking price. It has three bedrooms and 1 and 1/2 baths.

Just two other open houses to report: 349 Bloomfield Ave #116, Verona NJ and 11 Morningside Rd, Verona NJ, both Sunday, 2-4 p.m.

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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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