Cranbury home $455,000 (Ryan Rd.; reduced; gone?)

[Guest]

Beds:3 Bed
Baths:1.5 Bath
Lot Size:0.31 Acres
$475,000

Subdivision: CRANBURY ESTATES
Age: 41 year(s) old
1 total full bath
1 total half bath
7 total rooms
Type: Split/Multi Level, Detached
Family room
Kitchen
Master Bedroom is 12x14
Living room is 13x21
Dining room is 10x13
Family room is 12x15
Kitchen is 11x14
Basement is Partial
3 car garage(s)
Forced air heat
Cooling features: Central Air Conditioning
Inclusions: Dishwasher, Kitchen Built-In Range, Oven-Self Cleaning
Lot size is less than 1/2 acre
Existing Structures: Shed
Utilities present: Public Water, Public Sewer
School District: Cranbury Twp
Parking space(s)
Basement
Fireplace
Dining room
Hardwood floors
Energy Info: Ceilng Fan(s)
Living Room
Master Bedroom
Parking features: Driveway/Off Street, Street Parking, Garage Door Opener, Inside Access, Oversized Garage

http://www.realtor.com/realestateandhomes-detail/3-Ryan-Rd_Cranbury_NJ_08512_M61682-60217

[Guest]

This house is a steal. I'll bet it flies off the market.

[Guest]

Not in this market. Way over priced.

[Believer]

If this house doesn't sell for $450+ in time for some family to send their kids to Cranbury School this fall, I'll be a monkey's uncle!

[Guest]

Hello.....Monkey's Uncle

[Guest]

I would say based on recent sales that 450k is the right price. For Cranbury that is a very good price for a home not needing construction work.

[Guest]

[Guest]

Sure

[Guest]

How about by Labor Day, one of us posts the following...

I (state your name) was wrong.

[Guest]

Sounds agree (shakes hand).

[Guest]

[Guest]

[Believer]

[Guest]

Nice house, great neighborhood---it will sell.

[Guest]

[Reality-Check]

Way over priced. They are asking $296.50 per heated square foot. The current rate per heated square foot in this town is between $225.89 to $251. If anyone questions that, simply go to the tax assessors office and look at the closing prices of the last 20 homes sold in our little town and break each one down by the square foot. The information is there for anyone to see. The closing price is key because the banks are approving loans only for the true value of the properties. The problem in this town (and others) is that the realtors are telling the homeowners they can get these inflated prices just to lock the sellers into a six month contract. I'll bet money that the sellers will have to lower their price before they get an offer, or they will end up accepting a much lower price than what they are asking and then pay the 6% commission on top. Just take a look at 20 Ryan Rd, a true 4 bedroom, 2.5 bath home on a cul-de-sac with about 600 more heated square feet with a basement and that closed for $410,000. That's substantially lower than what was being asked, and the market has gone even lower since then. The house on 3 Ryan Rd. is only a 3 bedroom, 1.5 bath home on a slab with vehicular traffic coming from both directions. I wish the sellers luck, but they should really take what their realtor tells them with a grain of salt!