Recently two identical condos sold at 700 Grove in Jersey City. One was a traditional sale and the other was a short-sale/pre-foreclosure.
Did the short-sale sell at an exteme discount as compared to the traditional sale?
Unit 7P sold for $453,000 (Traditional Sale)
Unit 6P sold for $450,000 (Short Sale)
Both condos closed within a month of each other.
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