Comments on Rahway Rising: Models open at Riverview Manor

Gotta say, $399k for this location is just crazy. ...

2009-10-26T11:24:02.027-04:00

Gotta say, $399k for this location is just crazy. In 2005, I can see it. In 2009, come on!

Went over to Riverview today. They are, quite lov...

2009-10-25T17:37:14.145-04:00

Went over to Riverview today. They are, quite lovely, I have to admit - but expensive. The corner unit, with the best view is $460,000 with the furniture included (model unit). Surprisingly, the view from the back of the unit really is nice (except for the water tower of course). Views from the fronts, meh - you can see 1/9 somewhat. More will be built soon, no water views from those priced @ $399,000

Still ridiculously expensive for a 2BR no matter how you look at this, IMHO. You are getting a lot of space (great amount of storage), and in comparison to Riverwalk, I think the aesthetics of the community overall are/will be better but being that far from the train and so near 1/9 is a major annoyance.

The realtor on the premises did mention "make an offer" to us. So, it seems the builder is willing to consider lower bids.

Mark, One of the new Riverview units can be yours...

2009-10-25T12:12:48.801-04:00

Mark,

One of the new Riverview units can be yours for $425,000. Better hurry with your bid before you're priced out forever.

1797 Lennington St Unit 777

Don't know what Riverview units are on the mar...

2009-10-24T11:38:05.153-04:00

Don't know what Riverview units are on the market for now, but remember, that $400k estimate is from 18 months ago -- a very different time for the RE market.

Riverwalk is coming around fo sure. Yes, there ar...

2009-10-24T09:25:09.810-04:00

Riverwalk is coming around fo sure. Yes, there are some vacant and lower selling units, but with the completion of the park, and the street paving, it seems to be starting to come to life. Should be better once all the builder forclosure issues are dealt with. I'd buy in there if I were looking....WAY before Riverview. Can't walk to the train from there. (Like "Frogger" crossing 1&9!) Riverwalk also seems like a lot of young professional families, which is exactly what Rahway needs. I hope the prices at Riverview hold up. Will help all of us in town.

Bring your checkbooks to this auction of luxury co...

2009-10-23T17:33:41.582-04:00

Bring your checkbooks to this auction of luxury condos in Rutherford:

Condos go on auction block

Rutherford has a nice (albeit small) downtown and train station where you can get to NYC in about 30 minutes, maybe less if you can take the PATH from Hoboken to your destination.

Considering all that's going on (still) with the real estate and credit markets, I can't believe how Riverview units can list in the $400k range. That strategy isn't working so well for other developments.

Ummmm! White Castle . . .

2009-10-23T15:31:59.389-04:00

Ummmm! White Castle . . .

The Riverwalk comparison is a good one, though. Ta...

2009-10-23T12:54:52.163-04:00

The Riverwalk comparison is a good one, though. Take whatever price they are selling for (and they aren't selling for any price at the moment) and reduce it by $50k. That's what these places should go for.

The Riverwalk location isn't right for high-end prices. But at least there you can easily walk to the train.

Re: White Diamond. Tried it this evening. Ugh. Gu...

2009-10-22T20:40:00.099-04:00

Re: White Diamond. Tried it this evening. Ugh. Guy running grill has NO concept of the menu - had to send my burger back 3x to get it right. Claimed he couldn't read the order the other worker placed, but we saw it and it was very legible. I predict he won't last long.

Also, other worker kept touching our food with her bare fingers to ascertain if cook got things correct (lifting buns, moving lettuce around, etc.) - not thrilled about that.

I know this is a low budget place, but they really need to work out kinks here and get some fresher produce too. I for one, will not be returning. I'm shocked to say I would have preferred Burger King :(

Probably because you are exaggerating. They aren&#...

2009-10-22T10:39:39.129-04:00

Probably because you are exaggerating. They aren't selling for $250.

Let's be real - why buy here for $400+ when yo...

2009-10-22T08:01:00.116-04:00

Let's be real - why buy here for $400+ when you can go across the street and pick up a Riverwalk townhouse from the bank for about $250 = The Riverwalk properies are bigger, better and in a better location

Walk to "restaurants"? Do they mean the ...

2009-10-22T06:54:38.202-04:00

Walk to "restaurants"? Do they mean the KFC and Burger King on 1&9? *laughs*