Real Estate Under $500,000

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500000In Verona, as in many suburban towns, there’s a real estate dividing line: Under $500,000, and over $500,000.

As residential real estate prices have moved ever higher, that line has been somewhat blurred. Buyers have stretched a little more, even in Verona.

So it is notable this weekend that six of the nine new listings are below $500,000, as are six of the long list of open houses.

Here’s what’s happening in each category, from lowest priced to highest:

NEW LISTINGS
2 Claridge Drive #7IE: 1 bed, 1 1/2 bath condo in full service high rise building. Pool, fitness room in complex. $249,000.
1 Claridge Drive Apt. 128: 2 beds, 2 bath condo in full service high rise building. Updated kitchen. $256,500.
25 E. Reid Place: 2 beds, 1 1/2 baths. Quiet dead-end street near center of town. $319,000. Open house Sunday, 2 to 4 p.m.
28 Lynwood Road: 3 beds, 1 baths. Open floor plan, finished basement. $367,500.
2 Otis Place: 2 bed, 2 1/2 bath attached townhouse. Master suite with vaulted ceiling, walk-in closet. $370,000. Open house Sunday, 12:30 to 3:30 p.m.
11 Manor Road: 4 beds, 2 baths. Screened porch, steps from Verona Park. $469,900.
165 Grove Avenue: 4 beds, 2 baths. Kitchen opens to deck, finished basement. $515,000.
159 Woodland Avenue: 4 beds, 3 baths. Updated kitchen, central air. $539,000. Open house Sunday, 2 to 4 p.m.
5 Cypress Avenue: 4 beds, 3 baths. In-ground pool with outdoor kitchen. $799,900. Open house Sunday, 2 to 4 p.m.

OPEN HOUSES
349 Bloomfield Avenue #156: 2 bed, 1 bath condo townhouse. Close to NYC bus. $195,000. Open house Sunday 1 to 4 p.m.
25 E. Reid Place: 2 beds, 1 1/2 baths. Quiet dead-end street near center of town. $319,000. Open house Sunday, 2 to 4 p.m.
2 Otis Place: 2 bed, 2 1/2 bath attached townhouse. Master suite with vaulted ceiling, walk-in closet. $370,000. Open house Sunday, 12:30 to 3:30 p.m.
7 Overhill Road: 4 beds, 2 baths. Updated baths, kitchen. $468,000. Open house Sunday 2 to 4 p.m.
8 Durrell Street: 4 beds, 2 baths. Vaulted ceiling in living room. Price cut $10,000 to $489,000. Open house Sunday 2 to 4 p.m.
15 Franklin Street: 3 beds, 2 baths. Updated baths, finished basement. $499,000. Open house Sunday, 1 to 4 p.m.
159 Woodland Avenue: 4 beds, 3 baths. Updated kitchen, central air. $539,000. Open house Sunday, 2 to 4 p.m.
50 Woodland Avenue: 4 beds, 2 baths. Great room with cathedral ceiling, central air. Cut $20,000 to $539,000. Open house Sunday 2 to 4 p.m.
14 Wayland Drive: 3 beds, 2 baths. Updated kitchen, 1st floor bath with spa tub. Cut $19,000 to $549,000. Open house Sunday 2 to 4 p.m.
144 Linden Avenue: 4 beds, 2 1/2 baths. Front porch, open floor plan, new kitchen. Cut $20,000 to $599,000. Open house Sunday 2 to 4 p.m.
8 Winding Way: 4 beds, 3 baths. Open floor plan, gourmet kitchen. $685,000. Open house Sunday 1 to 4 p.m.
30 Howell Drive: 5 beds, 2 1/2 baths. Spacious contemporary with open floor plan, deck. $795,000. Open house Sunday, 2 to 4 p.m.
27 Mountainview Road: 5 beds, 3 1/2 baths. Renovated throughout, finished basement. $799,000. Open house Sunday 1 to 4 p.m.
5 Cypress Avenue: 4 beds, 3 baths. In-ground pool with outdoor kitchen. $799,900. Open house Sunday, 2 to 4 p.m.

PRICE CHANGES
24 Wedgewood Drive #33: 1 bed, 1 bath condo. Refinished floors, deeded garage. Cut another $6,000 to $149,000.
2 Claridge Drive #11GE: 1 bed, 1 1/2 bath condo in full-service high-rise building. Gourmet kitchen, mountain views. Cut $10,000 to $249,900.
8 Durrell Street: 4 beds, 2 baths. Vaulted ceiling in living room. Price cut $10,000 to $489,000. Open house Sunday 2 to 4 p.m.
50 Woodland Avenue: 4 beds, 2 baths. Great room with cathedral ceiling, central air. Cut $20,000 to $539,000. Open house Sunday 2 to 4 p.m.
14 Wayland Drive: 3 beds, 2 baths. Updated kitchen, 1st floor bath with spa tub. Cut $19,000 to $549,000. Open house Sunday 2 to 4 p.m.
144 Linden Avenue: 4 beds, 2 1/2 baths. Front porch, open floor plan, new kitchen. Cut $20,000 to $599,000. Open house Sunday 2 to 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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