In an area like NJ where home values and prices are relatively high, why are the condos at Heritage Glen in Dayton, NJ selling so cheaply?

Asked by Ava411, Dayton, NJ Wed Feb 15, 2012

I've always followed the principle that one should buy what you can afford but that you want to get into an area that others would like to live in also. In NJ even without the inflated pricing most doghouses are selling for at least $100k!! Why are the condos at Heritage Glen going for less than $70?. Is it a construction issues or a ground site.

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Ivan Gutierr…, Agent, Dayton, NJ
Wed Feb 15, 2012
Heritage Glen Condos are an ADULT living development, you must be 55 and over to buy or live there.... this is why... Hope this help your search, Ivan Gutierrez Boraie Realty

You can reach me at ivanrtplus@realtor.com
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Fred Glick, Agent, Mountain View, CA
Wed Feb 15, 2012
Not all parts of New Jersey, like anywhere is for the 1%. Camden and Trenton are good example. They are not Short Hills.

Go and do a google map search and click on birdseye to see what is there and what is around the property.

Supply and demand are the two factors. There are specific places people want to live and some places that people do not but are forced by economic or family issues to have to reside.
Web Reference:  http://fredglick.com
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