121 IRVING AVENUE, SOUTH ORANGE, NJ

SOUTH ORANGE HOUSING MARKET

• Median List Price: $750,000 - as of February 2021
• Median Sales Price: $807,000
• Sales to List Price Ratio: 100.58%
• Now is the PERFECT time to sell

LISTING STRATEGY

• List as “Coming Soon” in 30 days
• If ready, schedule open house(s)
• If not, list as “For Sale As Is”

PREPARATION

• Designate a room for items to keep
• Rent dumpsters for items to throw out
• Recruit help with clean-up (friends & family)

DUMPSTER COSTS

• $450/Dumpster per week on average
• $2,000/Dumpster per month on average
• $50/Ton for Dump Fees
• Estimate 4-5 Dumpster for House

EXIT STRATEGY

• Given the market, we should plan on rental options
• Sunrise of Morris Plains (Morris Plains, NJ)
• Vail Manor (Parsippany, NJ)
• Eagle Ridge (West Orange, NJ)