100 Doubling Road, foreclosure property, finds a buyer

Just two weeks I ago I wrote about 100 Doubling Road being brought back on the market by its new owner, JP Morgan, for $4.295 million. I thought that was a considerable improvement over the defaulting borrower’s original asking price of $7.150, and someone obviously agreed, because a sale is already pending.

Owners of comparable houses in the $5-$7.5 range might want to take notice.