The colonial was listed for $750,000 and sold for $860,000.
It’s the most basic element of real estate: Location. And for a home in Piscataway it made for a six-figure over-asking price sale.a five bedroom colonial, she knew the home had a lot going for it. It had an updated kitchen and bathrooms. And another important factor: There was a bedroom on the first floor.
“He had bid on five or six houses, went significantly over asking and lost out. They were all in the same town and this general area,” she said. “All of the offers were very strong. The buyers were very qualified and ready to waive inspections and appraisals,” Dsouza said. “But her number was excellent.”
Statewide, the median sales price for a single family home in August was $565,000, up 13% from a year ago.
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