New Jersey condo slashes over $200,000 off asking price – But it’s still worth millions

November 21, 2023 by No Comments

One of New Jersey’s hottest condos has just cut its price by $211,112. Despite this, it is still listed on Zillow for $3,888,888. Put another way, a rough calculation of its monthly mortgage costs $31,653 per month. On top of this, its monthly HOA fee is $2,420. In other words, you’d need to be a comfortable millionaire to be able to buy this place.

Located in Edgewater, this property is based directly on the river with scenic views of the city skyline on the other side. In terms of location, it doesn’t get much better than this. These views are only added to by the balcony which allows you to breathe in the surroundings.

Image//Zillow

As seen, this property has a lot of open-plan rooms which allow plenty of light into the property. It also comes with 4 bedrooms, 3 bathrooms, and 3,461 sqft of living space. It also comes with Lutron lighting and a Sonos sound system, meaning no stone has been left unturned when it comes to making this as good as possible.

Image//Zillow

The building also has a number of luxury amenities including a games room, gym room, lounge, courtyard, communal swimming pool, and library. In other words, there’s plenty to keep you entertained. Overall, it will be interesting to see how long this takes to sell after its recent price cut.

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