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Lakefront in Denville is usually pretty pricey and without knowing all the details any agent would be making a guess as to what a fair offer would be.However, this house has been on the market for quite a while without a price reduction and obviously no accepted offers so I would say that it is great indication that it is overpriced. I unsuccessfully tried to open the seller's disclosure which is posted on the mls which would give me a much better indication of the condition of the house since I haven't been there to see it myself. I'll continue to try and see what I can find out.
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For Sale: $578,900
For Sale: $650,000
For Sale: $419,900