A modest home in New Jersey sold for a staggering 26% over the asking price, highlighting the strong housing market in the area.
A modest home in the Butterworth Farms neighborhood of Morris Township, New Jersey turned heads this month when it sold for an eye-popping $255,000 above the asking price, marking a staggering 26% jump. Listed for $995,000, the four-bedroom, four-bathroom Colonial ultimately closed at $1.25 million, shattering expectations. Within two days of listing, 41 private showings had already been scheduled.
By the end of the weekend, the home had drawn 80 groups through its three-day open house, leading to 10 competitive offers in just under a week. It “speaks volumes,” Molinari told The Post, referencing the quick turnaround and overwhelming buyer demand. So what made this home, which occupies a little over 3,500 square feet so desirable? The property at 2 Fieldstone Drive boasts a combination of factors that modern buyers are clamoring for. “First, location,” Molinari said. “The Butterworth Farms neighborhood is located just under 5 miles (under 10 minutes by car) from Downtown Morristown — a town that consistently makes top rankings of great places to live. The whole area is quite special, offering plenty of things to do for all lifestyles. It’s also a great transit town.”“Butterworth Farms is just a really sweet neighborhood where people know each other, socialize with each other and become part of each other’s lives,” Molinari added. The sellers purchased the home back in 2011 as an estate sale and spent the following years completely renovating and expanding its footprint, giving it a modern farmhouse style with updated amenities.One bedroom is on the first floor with the other three bedrooms situated on the second level. The primary suite features an ensuite bathroom with a walk-in close
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