Bernadette G. Barnett of Weichert Realtors has a listing for a 4-bedroom house for sale in Rumson on which the asking price has recently been cut by $50K, to $699K.
The ad touts the property as the only 4BR in Rumson with water views for under $900k. Well, now, maybe. According to The Jersey Shore Real Estate Bubble, the house went on the market more than a year ago at $940k.
