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Luxembourg, October 8, 2019 - Altisource Portfolio Solutions S.A. ("Altisource" or the "Company") (NASDAQ: ASPS), a leading provider and marketplace for the real estate and mortgage industries, today announced that it decided to wind down and close’s operations. The Company believes that closing supports its simplification strategy, eliminates the cash burn associated with this earlier stage business, and increases focus on the core real estate and mortgage businesses.

" has been making encouraging progress in demonstrating that a better consumer real estate model based on technology and service may be viable," said William B. Shepro, Altisource’s Chairman and Chief Executive Officer. Shepro further commented, "However, as we continue to work to simplify Altisource and focus on our larger opportunities, we concluded that closing is in Altisource’s best interests given the time horizon and level of additional investments needed in order for to operate independently. I am proud of the very talented and dedicated team and want to thank them for their contributions."
196 days on
621 Mountain Rd
Kinnelon Borough, NJ 07405
3 Beds
3 Baths
-- ft2
$529,900 Estimate:
Estimated Payment:$1,990/mo

Single floor living at it's finest

Large inviting LR w/soaring ceilings, windows line the rear overlooking natures beauty. Fireplace, wood floors and skylights. Gourmet Kitchen w/updated appliances, newer flooring and granite counters and garage access. Formal DR open to Family Rm for great entertaining. Fam Rm w/fpl and windows for natural sunlight. Updated .5bath, MBR w/deck access and private bath. Unique spiral staircase leads you to the newly carpeted Rec Room. Open space for your media/game room. Access to large storage and utility room. You'll enjoy all the amenities that Smoke Rise has to offer. Smoke Rise is a Gated Community. Enjoy Swimming, Sailing, Boating, Tennis, Fishing, Hiking and Fine Dining at the Smoke Rise Inn. Kinnelon offers a top Rated School System and is only approx 30 Miles from NYC. Close to Parks, Golf and Ski Resorts.

Property type
Single Family Home
Single Story
Garage - Attached, Garage Door Opener, Garage - Two
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My Home Features


Bedrooms: 3 | Basement: Full, Grd Lv Acces, Finished - Partial, REC RM, UTILITIES, STORAGE


# of Full Bathrooms: 2
# of Half Bathrooms: 1


Features: Skylight(s), WW/Carpet As In


Features: Tennis Court(s), Well, Deck / Patio


Property Types: Single Family Home | Structure: Single Story | Architecture: Expanded, Ranch | Siding: #OTHER, Stone

Garage & Parking

Parking: Garage - Attached, Garage Door Opener, Garage - Two


Lot Features: Regular


County: MORRIS | MLS #: 1919977


Heating & Cooling

Air Conditioning: Multi-Zone | Heating: Steam or Hot Water Heating | Fireplaces: 2, Self-start

Utilities & Security

Safety and Security: Security Estimated Value

We calculate the Estimate by analyzing sales for nearby similar properties. We use the best data sources, including MLS and county records to generate insights into the property value. You can even create your own estimate by selecting comparable sold listings.

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Property Tax

Price History

Source: County(Public) Records

School Information

Property History & Valuation

Local Insights

Listing provided by: Colleen McMahon 

Listing courtesy of: Century 21 Crest Real Estate |  (973) 686-1500 

Tools for buyers

Data provided by: New Jersey MLS
Last detected update: September 15, 2019 07:55PM EST ~ Verified on November 10, 2019 12:50AM EST

Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
All information provided is deemed reliable but is not guaranteed and should be independently verified.

Note: Estimated payment calculations assume 20% down payment with loan terms of 3.86% fixed APR for 30 years.

Property is available to all persons, regardless of race, color, religion, sex, handicap, familial status, or national origin.
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