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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."
204 days on
39 Powder Mill Rd
Parsippany-Troy Hills Twp., NJ 07054
4 Beds
3 Baths
-- ft2
$614,500 Estimate:
Estimated Payment:$2,307/mo

Sophisticated Powder Mill Colonial in superb condition

Luxurious custom remodeled Kitchen addition with granite, stainless steel appliances and sunny separate breakfast room with cathedral ceiling.

Property type
Single Family Home
Year built
22 Car Width, Additional Parking, Paver Block, Blacktop, Garage - Automatic Opener, Garage - Attached
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My Home Features


Bedrooms: 4 | Room Types: Breakfast | Basement: true, Full, Unfinished


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


Features: Attic - Fan, Ceiling - Fan(s), Security System, Window Treatments, Ceiling - Cathedral, Sump Pump, Breakfast Bar, Pantry


Features: Storage Shed, Patio, Curbs, Deck, Thermal Windows/Doors | Irrigation: Underground Lawn Sprinkler


Property Types: Single Family Home | Year Built: 1955 | Architecture: Colonial | Roof: Asphalt Shingle | Siding: Brick, Wood Shingle | Floors: Carpet, Tile, Marble, Wood | Windows: Furnished - Curtains / Drapes, Furnished - Blinds, Furnished - Shades

Garage & Parking

Parking: 2 Car Width, Additional Parking, Paver Block, Blacktop, Garage - Automatic Opener, Garage - Attached, 2


Lot Dimensions: .977 AC | Lot size: 0.98 acres | Lot Features: Corner Lot, Level, Open Land, Wooded | Zoning: Res


County: Morris | Subdivision: Powder Mill | Directions: Route 10 west, right on Powder Mill Road, house on right, corner Powder Mill Rd and Flintlock | MLS #: 3552598


Appliances: Range/Oven-Electric, Refrigerator, Washing Machine, Dishwasher, Oven - Self-cleaning, Kitchen Exhaust Fan, Dryer, Microwave Oven, Water Heater - Electric

Heating & Cooling

Air Conditioning: Air Conditioning - 1 Unit, Central Air | Heating: Heating - 1 Unit, Forced Air | Fireplaces: 1, Wood

Utilities & Security

Utilities: Cable - Available / In Street, Garbage Included, Electricity | Sewer Service: Sewer, Sewer Charge Extra | Water Source: Water Charge Extra, Public Supply | Safety and Security: Fire Alarm Sys, Smoke Detector


Elementary School: MtTabor | Middle School: BrookLawn | High School: Par-Hills Estimated Value

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Price History

Source: County(Public) Records

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Local Insights

Listing provided by: PAT MAJOROSSY 

Listing courtesy of: RE/MAX FIRST CHOICE REALTORS II |  (973) 598-1008 

Garden State Multiple Listing Service

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Data provided by: Garden State Multiple Listing Service
Last detected update: October 01, 2019 08:26AM EST ~ Verified on November 15, 2019 05:42AM 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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