You should have an agent come in and prepare a CMA for you. Any agent can show you recent solds in the area, that compare to the unit you are looking at and tell you what is the actual price per sq. ft. If you need some assitance, feel free to give me a call.
Based on the recent sold in your area, it is around $425 per square foot. It is probably more that 325 square feet, how did you arrive at this number?
Charlaine A Mercado
New Jersey Association of RealtorsÂ® Award of Excellence
Weichert Million Dollar Sales Club
Weichert RealtorsÂ® - 273 Grove Street â€“ Jersey City NJ 07302
Those points would affect the price as well as high property taxes and high maintenance fee costs could.
There haven' t been any studio condo sales close since December first. If you'd like to give me some more information I would be happy to do some more research for you.
Sorry I can't give you a specific number right now but I hope this helps!