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Thursday, dec 26
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Compass New Jersey
News
$28M Estate Is NJ's Most Expensive Listing — And Perfect Fit For Movie Star
A home fit for a movie star is on the market in New Jersey. The sprawling 25,000-square-foot estate spanning 160 acres in Monmouth County is listed at $28 million, making it the most expensive listing in the Garden State. The property at 318-322 Route 537 in Colts Neck is located approximately seven miles from the $1 billion Netflix production studios coming to the former Fort Monmouth campus. The home's proximity to the new Netflix studios make it the perfect abode for a Hollywood star, according to listing agents Tom Postilio and Mickey Conlon of Compass. Last year, the township wa…
Real Estate
Scotch Plains Home Sells For $126K Over Asking Price
It's more spacious than it looks! A 2,308-square foot home in Union County sold for $126,000 over asking price and was under contract in less than a week. The split-level home at 1111 Jefferson Ave. in Scotch Plains was listed by Juan Gamarra of Compass New Jersey in the spring, and was under contract in less than seven days. The 4-bedroom 3.5-bathroom home had 11 offers, four of them over $100,000, Gamarra said. The final offer was for $825,000, the buyer closing just in time for summer vacation. "There's not much inventory in Scotch Plains, so when a property under $1 million come…