5 A Colorado Way
5 A Colorado Way
5 A Colorado Way, Whiting NJ
| 3 B New Hampshire Ln — under contract, updated (not brand new), garage, 119 DOM | ~$147,000 |
| 45 A Maine Ave — closed, renovated, garage | $142,000 |
| 8 B Colorado Way — same street, updated kitchen/windows (automated estimate only) | $123,400 |
| A-8 Ohio Dr — closed, full rehab needed, no garage | $80,000 |
| Garage adjustment — subject has no garage; garage comps adjusted downward | Downward |
| Condition ladder: updated, no garage (top of range) | $135,000–$140,000 |
| Condition ladder: clean, not updated | $120,000–$132,000 |
| Condition ladder: dated but livable | $100,000–$115,000 |
| Condition ladder: full rehab needed | $80,000–$90,000 |
| Blended preliminary estimate (interior condition unconfirmed) | $115,000–$140,000 |
| Preliminary List Price Range | $119,900 – $139,900 |
Condition Reference (Agent Notes)
3 B New Hampshire: updated but not brand new, garage, extra half bath, 119 DOM, ~$147K under contract. 45 A Maine: renovated, garage, central air, sold $142K. 8 B Colorado Way: updated kitchen and windows, same street, no sale on record. A-8 Ohio: needs a full rehab, no garage, sold $80K after about 163 days.
Cedar Glen Lakes / Madison Overview
Cedar Glen Lakes is a 55+ co-op community in Whiting/Manchester Township. Monthly maintenance (about $503 on comparable Madison units) typically covers property taxes, water/sewer, lawn care, snow removal, trash, exterior maintenance, and community bus service, a very different cost structure from a deeded home that is worth explaining to buyers new to co-ops.
Pricing Strategy & Buyer Psychology
Buyers here are cash, budget-conscious, and income-qualified. 3 B New Hampshire's two price cuts and 119 days on market show the cost of starting high. Opening inside the preliminary range gives the subject its best chance of moving efficiently, with the final number set by what the walkthrough shows.
Why This Estimate Is Preliminary
The monthly fee, bed/bath count, and interior condition are unconfirmed, and condition moves value more than any other factor in this community. Automated valuations are unreliable on co-op units, so this report relies on same-model local transactions instead. The range will narrow to a single recommended list price once the unit has been seen.
Chris Farruggio
Buying or selling a home is one of the biggest decisions you'll make — and you deserve more than just a transaction. My goal is to showcase your property in the best possible light or help you find the perfect match that truly feels like home. Every client I work with receives dedicated service, clear communication, and a commitment to creating an exceptional experience from start to finish.
With over 20 years of experience in real estate investment, remodeling, and property management, I bring a unique perspective to the process. My background in construction management and house flipping allows me to help you see potential, avoid costly mistakes, and maximize your results — whether you're preparing to sell or searching for the right home.
Clients benefit from my strong negotiation skills, market knowledge, and hands-on approach. Whether you're a first-time buyer, seasoned investor, or homeowner ready to move on, I'm here to guide you with confidence and ensure every detail is handled with care.