Summary
In another sign of the real estate slowdown, eight Rochelle Park condos once priced above $500,000 are to be auctioned next month with minimum bids of $125,000. The sale is the latest in a string of North Jersey auctions.
"Like a lot of properties, it's a victim of circumstance," said auctioneer Max Spann Jr. of the complex, Windsor Court, on Rochelle Avenue.See the full content of this document
Extract
Condo Auction Shows Real Estate Slide
Construction on the 80-unit building started several years ago, when the housing market was booming. But as the m...
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