After bidding war, N.J. multi-family home sold for $155K above asking price

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After bidding war, N.J. multi-family home sold for $155K above asking price
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The home was listed in June for $685,000 and sold for $840,000.

This two-family home in Bayonne sold for $155,000 over its $685,000 asking price.Usually when a house needs updating it turns some buyers away.

But this house, which was well maintained but out of style, was in huge demand. Colucci got 45 offers. And the garage. It’s a two car garage with an additional two parking spaces in a driveway – this in an area where parking is coveted.listedFifteen minutes after Colucci put the home in the multiple listing system agents were calling asking to show it. The open house drew 50 to 60 groups in two hours.

“He liked the location and the room sizes,” Armanios said. “It’s a very large size house. And the two-car garage and two parking spots in front.”

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