Real Estate With Lower Prices

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MyVeronaNJ-School-Budget-SlideshowTwo words you haven’t heard a lot of in Verona real estate lately: lower prices.

During the depths of the recession, prices on Verona listings would be cut again and again, until they found a willing buyer. Now, homes seem to fly off the real estate Web sites at prices that are at, or slightly above their ask.

We don’t know the reason, but four five homes have had to have their prices lowered this weekend. UPDATE: The seven-bedroom home at 68 South Prospect Street also got a price cut today. That may be enough to compel you to take a second look. If not, there are three new listings and seven open houses.

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New Listings
2 Claridge Drive Apt 7AW: 1 bed, 1 1/2 baths in full service condo building. Walk-in closet. $245,000.
2 Claridge Drive #8F: 1 bed, 2 baths in full-service condo building. $319,900. Renovated kitchen, baths.
66 Oakridge Road: 4 beds, 3 baths. $879,900. Renovated throughout in 2013. Wood-burning fireplace. Open house Sunday noon to 4 p.m.

Open Houses
365 Bloomfield Avenue: 1 bed, 1 bath condo. Laundry room in basement. $167,800. Open house Sunday 1 to 3 p.m.
23 Park Court: 1 bed, 1 bath condo. Modern kitchen, freshly painted. $169,000. Open house Sunday noon to 4 p.m.
8 Morningside Road: 6 beds, 2 baths. Steps from Verona Park. $399,900. Open house Sunday 2 to 4 p.m.
8 Burdett Road: 2 beds, 3 baths. Attached townhouse. New construction. $399,950. Open house Sunday, noon to 4 p.m.
18 Beechwood Road: 3 beds, 3 baths. $429,900. Finished basement, original wood trim. Open house Sunday, 2 to 4 p.m.
215 Linden Avenue: 4 beds, 1 full, 2 half baths. Finished basement, attached garage. $439,000. Open house Sunday, 1 to 4 p.m.
80 Durrell Street 3 beds, 2 1/2 baths. Deck off updated kitchen. Cut $11,000 to $449,000. Open house Sunday, noon to 4 p.m.

Price Changes
80 Durrell Street 3 beds, 2 1/2 baths. Deck off updated kitchen. Cut $11,000 to $449,000. Open house Sunday, noon to 4 p.m.
22 Midwood Avenue: 4 beds, 2 baths. Split level on quiet cul-de-sac. Cut $30,000 to $449,000.
34 Linden Avenue: 4 beds, 3 baths. New furnace, windows, central air. Cut $11,000 to $484,000.
68 Gerdes Avenue: 4 beds, 3 baths. Split-level, renovated throughout. All new windows. Cut $26,000 to $649,000.
68 South Prospect Street: 7 beds, 2 baths. Cut $55,000 to $679,000. Center hall colonial with original woodwork.

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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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