Profile picture for zzztop

is this property really worth 1.295mm? how r property prices holding in the neighborhood?

  • Question refers to 25 Ridge Ter, Short Hills, NJ 07078
  • June 13 2009
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Answers (6)

I know of 5 homes in town that have heard more than one offer at asking price or over in the last few weeks. When a home is priced well, people are willing to bid and compete to get it. Jeff Otteau, from the Otteau Appraisal Group has been quoted saying that train-line towns, with good schools, are fairing well in the market.  

  • October 17 2009
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Profile picture for frisky1
So with 4 bids, did it close?
  • September 23 2009
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Profile picture for zzztop
four bids? amazing - wonder what the deviation was on them.  seems a bit steep for this part of the woods...25 Pine is still on the market and reduced price recently
  • July 03 2009
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This property had four bids come in on it and is currently under contract (and hopefully it will stay that way).  I think it is worth it.  This neighborhood seems to be holding up pretty well currently as long as a property is priced correctly.
  • June 29 2009
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Profile picture for zzztop
Thanks CV - any idea what fair value should be on this?
  • June 14 2009
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Profile picture for CirclingVulture
No.


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  • June 13 2009
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