Saturday, August 31, 2024
HomeFlorham ParkHigh Demand: Florham Park Home Sells for $275K Over Asking Price

High Demand: Florham Park Home Sells for $275K Over Asking Price

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FLORHAM PARK — The recent sale of the property at 55 East Madison Avenue in Florham Park marks a significant transaction in the local real estate market—this stunning single-family home, which features four bedrooms and 4.5 bathrooms, for an impressive $1,850,000.

The home is built on a 1.3-acre lot and boasts 4,892 square feet of living space. It blends historic charm with modern amenities. The property was originally listed at $1,575,000 but sold for significantly more, indicating the high demand and desirability of homes in this area.

Coldwell Banker Facilitates $1.85M Sale of Premier Florham Park Property

Coldwell Banker Realty managed the listing for this beautiful home and played a pivotal role in showcasing the property’s unique features, such as its elegant design and prime location near top-rated schools like Briarwood Elementary and Hanover Park High School. The selling realtor was also associated with Coldwell Banker, underscoring the brokerage’s strong presence in the Florham Park market.

The home’s attractive price increase from the initial listing to the final sale reflects its high-quality finishes and design and the thriving real estate market in Florham Park, where well-maintained properties in prime locations are in high demand.

Top-Tier Florham Park Home Sells at Premium Price
Elegant 1885-Built Florham Park Home Sells for Nearly $2M

This sale is a testament to the value of expert representation and the continued growth of the Florham Park real estate market, making it a noteworthy event for buyers and sellers in the area. Other recent home sales in Florham Park include:

Street AddressSelling Price
5 Penna Court$1,170,000
5 Decker Lane$1,505,000
250 Ridgedale Avenue$760,000
55 East Madison Avenue$1,850,000
33 Elmwood Road$705,000
38 Park Street$525,000
9 Northern Avenue$803,000
8 Venturi Court$745,000
165 Ridgedale Avenue$950,000
2 Vanderbilt Boulevard$700,000
38 Park Street$410,000
38 Park Street$635,000
161 Summit Road$2,980,000
21 Rockwood Road$999,000
20 Murphy Circle$1,150,000
38 Park Street 11D$547,000
161 Ridgedale Avenue$725,000
25 Doyle Drive$1,250,000
117 Rockwood Road$960,000
64 East Madison Avenue$1,100,000
14 Cherokee Trail$2,025,000
16 Riverside Drive$939,000
34 Brooklake Road$1,045,000
1 Kenwood Lane$821,000
246 Brooklake Road$825,000
4 Hancock Drive$1,200,000
9 First Street$825,000
88 Ridgedale Avenue$740,000
1 Willow Way$1,450,000
22 First Street$999,000
38 Park Street$480,000
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Frank Cahill
Frank Cahillhttps://www.frankcahill.com
Publisher of Parsippany Focus since 1989 and Morris Focus since January 1, 2019, both covering a wide range of events. Mr. Cahill serves as the Executive Board Member of the Parsippany Area Chamber of Commerce, President Kiwanis Club of Tri-Town, and Chairman of the Parsippany-Troy Hills Economic Development Advisory Board. Owner of the Morris now app serving small business in Morris County.
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