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Re: 1 family, 4.6 million
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The listing refers to this condo as a "Beverly Hills palace" - Newark and 4th ain't in Beverly Hills anymore Toto!

Posted on: 2009/3/13 19:32
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Re: 1 family, 4.6 million
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Quote:

AvantiGroup wrote:
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chiefdahill wrote:
Whats the deal with that Del Forno listing on the corner of Barrow and Montgomery on the North East corner of VVP?

I don't see it on their website any longer.

They were asking I think 3.2 million.


was off the market last I checked. Super location.


It is one of my favorite properties in DTJC, that and the brick townhouse around the corner on Mercer/Paulimer Place, the south side of street with the glass enclosed porch off the side of the townhouse with the ornate iron work. Beautiful property.

Chris- How's business? Do you still have that listing on Jersey just north of Newark Ave?

Posted on: 2009/3/13 19:20
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Re: 1 family, 4.6 million
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Quote:

chiefdahill wrote:
Whats the deal with that Del Forno listing on the corner of Barrow and Montgomery on the North East corner of VVP?

I don't see it on their website any longer.

They were asking I think 3.2 million.


was off the market last I checked. Super location.

Posted on: 2009/3/13 18:37
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Re: 1 family, 4.6 million
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I remember reading an article -- I think in the NY Times -- a few years back that she paid around $600,000 for the blding ... Nice profit ...

Posted on: 2009/3/13 18:30
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Re: 1 family, 4.6 million
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I was going to ask "whatever happened to this place" but I got my answer:

http://www.libertyrealestate.com/publ ... ?listing.listingID=791706

New offering price is $3.95mm
Property Tax: $17,529
Home Insurance: $6000
Down Payment: 30% (a cool $1.2 million)

Still, the pics are nice:
Resized Image

Resized Image

Posted on: 2009/3/13 18:18
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Re: 1 family, 4.6 million
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Whats the deal with that Del Forno listing on the corner of Barrow and Montgomery on the North East corner of VVP?

I don't see it on their website any longer.

They were asking I think 3.2 million.

Posted on: 2009/1/21 19:47
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Re: 1 family, 4.6 million
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I doubt there are two multi-million dollar houses in JC with private elevators in them for sale, so I'm pretty sure they've been trying to sell this place for years.

Posted on: 2009/1/21 19:23
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Re: 1 family, 4.6 million
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Reminds me of a Real World set.

Posted on: 2009/1/15 5:22
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Re: 1 family, 4.6 million
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This is like those people who dump tons of money om their cars but when they go to sell them they find out that the car is worth the same or even less than what it was worth originally. Personally if I had that much money right now I would move as faraway from Jersey City as could.

Posted on: 2009/1/15 5:11
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Re: 1 family, 4.6 million
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Hey, for a mere 1.19 million euros (about $1.57 million at today's exchange rate), you can live pracitcally across the street from a REAL Gaudi.
http://www.qualinhabitat.com/flat251/Paseo%20de%20Gracia#

Posted on: 2009/1/15 5:02
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Re: 1 family, 4.6 million
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Quote:

ilikeglass wrote:
But I wonder why are they selling? Why go through all that work if it wasn't where you wanted to spend most of your life there?


Perhaps they had large position in AIG or CITI and lost it all rather than 1/3 like everyone else?

Posted on: 2009/1/15 4:13
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Re: 1 family, 4.6 million
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I was in there once during one of the past studio tours. Its a very unique space, the stairways were a little awkward, but I liked that someone had the balls to make the space truly their own. But I wonder why are they selling? Why go through all that work if it wasn't where you wanted to spend most of your life there?

Posted on: 2009/1/15 2:12
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Re: 1 family, 4.6 million
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Apparently, Mariska Hargitay has made a full-price, cash offer for that puppy.

Buh-bye UES, hell-o JC!

Posted on: 2009/1/15 2:08
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Re: 1 family, 4.6 million
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Wow, the stars just really aren't aligned for a sale on this one. Talk about the wrong pricing in the wrong market. This house also breaks the first rule of home upgrading: If this isn't the house you'll spend the rest of your life in, don't spend a ton of money on extras that other people may not find appealing. It pays to invest in upgrading a kitchen or adding a bathroom, but not all the stuff that's been added on here. Gaudi-inspired details? Waterfalls? Private elevator? And is that swimming pool on the roof? I saw that and my first thought was "pain-in-the-ass maintenance - what if the pool starts leaking?" This is one classic case of a disconnect between what a owner THINKS a home is worth and what potential buyers are WILLING to pay. I'm sort of on-and-off shopping for a new home myself (OK, well below that price range), and my sense is that potential buyers - even those with a lot of money - are looking for value, not frills, given the current state of things. I'd be ecstatic simply to find something with well-insulated walls and windows, a roof that doesn't leak and plumbing that's in good shape. Throw in central AC, a washer/dryer and decent closet space and I'm ready to go into contract.

Posted on: 2009/1/14 13:40
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Re: 1 family, 4.6 million
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I went and checked out the house, I can't see how you have a nice view of New York. The area is crappy and is too busy. If I am going to spend that much money on something I would like alittle piece and quiet. It sits right in the middle of everything, next to a busy firehouse, ambulances up and down Newark Ave all day and night. Not to mention not too far from a seedy looking bar.

Posted on: 2009/1/14 0:18
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Re: 1 family, 4.6 million
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Everyone has their own taste of, course, but if I had that much money to spend I'd buy new, just like Manning did in Hoboken Tea.

Posted on: 2009/1/12 18:08
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Re: 1 family, 4.6 million
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As outrageous as the 4.6 M price is, it pales in comparison to the guy a few blocks away on 1st and Brunswick who put his 10,000 sf place on the market a year or so ago for 8.7 M.

Posted on: 2009/1/12 17:59
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Re: 1 family, 4.6 million
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I would normally avoid making a mass socio-economic generalization, but if you spend over $4 million on your home, chances are you don't shop vintage or eat at Abbey's or play trivia at The Lamp Post.


not a generalization at all.

someone with millions to blow on a bad investment has much MORE money to blow, hence, no use for the surrounding JC commodities.

Posted on: 2009/1/12 17:44
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Re: 1 family, 4.6 million
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GrovePath wrote:
I'm not buying this place and it isn't my taste -- but this area has much of the fun stuff Downtown:

like Madame Claude's,
Cafe Nia,
Abbey's Hookah Bar,
Pecoraro's Bakery,
The Junk Shop (3rd & Newark - Sometimes a Flea Market)
and Now added - Boomerang Vintage,
Mary Benson Gallery,
Residue Art Gallery,
Iris Records,
Nine Lives Skate Shop,
Nha Trang Restaurant and Asian Market,
The Second Street Bakery,
White Star Bar,
The Lamp Post,
Carmine's Pizza Factory
Brunswick Windows... Ok maybe that is a stretch - but there are many artists studios over here - as well as the 4th Street Music Festival every year!

I like the younger NYC feel - I find the Paulus Hook and the waterfront a little isolated



I would normally avoid making a mass socio-economic generalization, but if you spend over $4 million on your home, chances are you don't shop vintage or eat at Abbey's or play trivia at The Lamp Post.

The space itself and it's price tag is completely inappropriate for the neighborhood it's in.

Posted on: 2009/1/12 17:07
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Re: 1 family, 4.6 million
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I'm not buying this place and it isn't my taste -- but this area has much of the fun stuff Downtown:

like Madame Claude's,
Cafe Nia,
Abbey's Hookah Bar,
Pecoraro's Bakery,
The Junk Shop (3rd & Newark - Sometimes a Flea Market)
and Now added - Boomerang Vintage,
Mary Benson Gallery,
Residue Art Gallery,
Iris Records,
Nine Lives Skate Shop,
Nha Trang Restaurant and Asian Market,
The Second Street Bakery,
White Star Bar,
The Lamp Post,
Carmine's Pizza Factory
Brunswick Windows... Ok maybe that is a stretch - but there are many artists studios over here - as well as the 4th Street Music Festival every year!

I like the younger NYC feel - I find the Paulus Hook and the waterfront a little isolated

Posted on: 2009/1/12 14:42
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Re: 1 family, 4.6 million
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Why would anyone with $4M to spend want to live in Jersey City, on Newark Ave. no less?


yeah, Newark Ave........hurtin'.

but i guess for some rich person looking for a place to live, off beat, outside of NYC.......nahhh, it still doesn't make sense. for that kind of money, you could find a beautiful place in some quiet neighborhood of manhattan, and have less of a chance of getting stabbed.

Posted on: 2009/1/12 14:20
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Re: 1 family, 4.6 million
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Why would anyone with $4M to spend want to live in Jersey City, on Newark Ave. no less?

Posted on: 2009/1/12 2:47
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Re: 1 family, 4.6 million
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SLyng wrote:
The pics they have posted are terrible. For people in that segment of the market , my guess is they'd want to see the massive bedroom & bathroom, the kitchen, the pool, the view. Instead they put up a picture of 1) a bed, 2) the front door 3) a staircase and 4) a dining room table and 5) and a view.

But there is a virtual tour available with much better pics and a better perspective on the space... Check it out here: http://rtvpix.com/RE-8594-61ZPKI-01


The virtual tour video is way better for peeking around...only to reveal a sort of funky (and by "funky" I mean "yucky") design style and a shitty view.

To each his own, I guess.

Posted on: 2009/1/12 2:43
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Re: 1 family, 4.6 million
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So... I don't get what the selling real estate agent is trying to do, why list something with such a ridiculous price?

It's in kind of an "industrial" part of town, no? I mean I live in Journal Sq., so I've got my own problems issues, but I’m not right next to a gas station.


Posted on: 2009/1/12 2:28
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Re: 1 family, 4.6 million
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Sorry, gymnasium.

Posted on: 2009/1/11 19:51
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Re: 1 family, 4.6 million
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The building with the Polish crest is White Eagle Hall. It is an old gymnaisum, social hall, community gathering place that was once affiliated with St. Anthony of Padua Church. For many years it was the practice gym for St. Anthony's Friars basketball team. It has been abandoned for a number of years and seems to be in a bit of a sorry state. The Archdiocese of Newark is selling it for 1.55 million.

Posted on: 2009/1/11 19:51
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Re: 1 family, 4.6 million
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Quote:

Xerxes wrote:
I almost forgot all the serene quiet of that Newark Avenue frontage, like living in Short Hills.


I don't think many people living around NYC want to live in Short Hills.

Posted on: 2009/1/11 15:34
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Re: 1 family, 4.6 million
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Wow...right on Newark Avenue and 3 steps up so somebody would have to stand on their toes to peek in... and UNDER 5 million bucks. What a DEAL!
And only STEPS away from the 99 CENT DREAM store and a couple bodegas. I almost forgot all the serene quiet of that Newark Avenue frontage, like living in Short Hills.

Life doesn't get better than that!


Who ever said that the Real Estate seciton wasn't funnier than the comics page.

Posted on: 2009/1/11 15:25
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Re: 1 family, 4.6 million
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The pics they have posted are terrible. For people in that segment of the market , my guess is they'd want to see the massive bedroom & bathroom, the kitchen, the pool, the view. Instead they put up a picture of 1) a bed, 2) the front door 3) a staircase and 4) a dining room table and 5) and a view.

But there is a virtual tour available with much better pics and a better perspective on the space... Check it out here: http://rtvpix.com/RE-8594-61ZPKI-01

Posted on: 2009/1/10 17:13
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Re: 1 family, 4.6 million
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I like that building with the Polish Crest? (double headed eagle) on it! Was it an old gym - what is its history?

I should go through the place - any pictures out there - or more info?.

Quote:

mfadam wrote:
I believe the old gym building next door is being offered for around 1.5mm and it boasts something like 11,000sf. Granted it hasn't been converted to residential yet. Some interesting places on that part of Newark, but kinda doubt either fetches the dough the owners are hoping for. Would take a very unique buyer...

Posted on: 2009/1/10 16:45
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