An impressive historic house in New Jersey can be yours for nothing; What would the happy buyer have to do with him?
An impressive historic house in New Jersey can be yours for only ten dollars. The fine print: You will need to remove the property from its current location.
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The 4,000-square-foot house, with six bedrooms and six-and-a-half bathrooms, is now located at 44 Pleasant Avenue in Montclair, New Jersey, but the area on which it is located has recently been approved to split into eight sub-plots for redevelopment, According to Zillow.
Built 110 years ago by the famous local architect Dudley Van Antwerp and served as the home of the outstanding athlete Aubrey Lewis, who later became the first black woman in the FBI, the house was awarded the status of a historic house to be preserved. Therefore, approval of conversion of the territory requires selling the house and transfer it to another location.
The local planning committee determined that the sale of the house would not exceed $10, but added additional conditions, including the buyer having to pay for necessary repairs and renovations, and cover the cost of transferring the property, with the current owner expected to contribute $ 10,000. Another requirement is that the house is moved only within 400 meters of its current location.
There are quite a few conditions, but the claim is that it is still a worthwhile deal. According to Nickel Bros. a company specializing in the transfer of houses, the cost of moving a house of this size will be about $ 200,000. The New York Times reported that since this is a small distance, the price may be lower.
It should be noted that the last time the house was offered for sale, the asking price was $ 1.35 million, so that the happy buyer can only pay a small portion of the original amount. However, the high price also included the 2.71 acres area on which the house is located, and the new price does not include the cost of the land to which the house should be transferred.