Why 4885 Bayberry Place Is the Lowest-Priced Listing in Harding Run II
Derek Doernbach
Realtor® · Century 21 Action Plus Realty
If you have been watching the Harding Run II community in Mays Landing, NJ, you may have noticed something unusual: a 2-bedroom condominium priced at just $139,000. That price makes 4885 Bayberry Place the lowest-priced active listing in the entire community based on current MLS data.
What Recent Sales Tell Us
Recent Harding Run II sales shown in the MLS have closed from approximately $178,250 to $237,500, with a median sale price of $215,000. At $139,000, this property is priced nearly 35% below the community median.
The difference is condition. This home is dated and needs renovation and updating. It is being sold as-is, and the price reflects its current state. But for buyers willing to put in the work, the math is compelling.
The Seller's Incentive Package
The seller is not stopping with the price reduction. The combined incentive package totals up to $6,070:
- $5,370 HOA concession: The full $625 monthly HOA fee is covered for the first 6 months, then $270 per month for the following 6 months.
- Up to $700 home warranty: A 1-year home warranty through Guard Home Warranty for added peace of mind.
Why the HOA Concession Matters
Full transparency: the current HOA fee is approximately $625 per month, and the community pool is not scheduled to open for the 2026 season. That is exactly why the seller is offering such a substantial first-year HOA concession. It helps bridge the gap while the community works through these issues.
Who Should Consider This Property?
This property makes sense for several buyer profiles:
- First-time buyers who want to get into homeownership at an accessible price point and are comfortable with a project.
- Investors looking for a value-add opportunity in a community where comparable units sell for $178K to $238K.
- Renovators who want to make their own design choices rather than paying a premium for someone else's taste.
Interested in learning more?
Message Derek for additional information or to schedule a private showing. A complimentary, no-obligation market analysis is also available.