Monday, March 06, 2006
Just down the hill from the Hempstead development is Bloomfield’s answer to Desperate Housewife’s “Wysteria Lane”(we’re talking suburban architecture here). The 6 unit Marzulli development on Holly Lane (off Watchung & Broad) quickly became a focus for the scorn & cynicism of many observers for similar reasons – their record high prices for Bloomfield ($595K) and microscopic back yards.
Since their completion a year ago, prices have begun to catch up for high end homes in the neighborhood. But one of the first buyers has already put their home on the market. At an asking price of 637K, the owner – who happens to be a licensed Realtor -- is not trying to reap a huge profit. No takers so far after nearly two months on the market.