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 extreme 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.

For the latest in Jersey City real estate news, feel free to visit Living on the Hudson.
http://blog.livingonthehudson.com/2010/12/26/700-grove-jersey-city/

Why are you posting so many threads here? It's as if this is your private forum.