The Weekly Wednesday Wrap Up – Hoboken Condo Sales & Activity for the Week of August 31st
Categories: Weekly Wednesday Wrap Up
Hoboken Condos Sales & Activity – Week of August 31th
Very often I go out with buyers who see a property that “needs a little work”. They talk about redoing a kitchen or changing the fixtures in a bath like it’s changing socks. I just renovated the teeny, tiny kitchen in my 25 year old condo in Manhattan and spent the entire week putting out fires lit by incompetent workers. If water leaks on your brand new tile floor, they don’t bother to wipe it up. Instead, the grout gets stained and the floor has to be redone. If the walls are crooked because the building settled over quarter of a century they don’t adjust the cabinets, they just hang them so you can see the uneven raw edges. My point is that for all you buyers out there looking for a ‘fixer upper’ or willing to do a little work - there is no such thing as a little work. Unless you have unlimited funds to throw at it, any renovation job is exhausting, time consuming and more expensive than you expect. So that’s why this is so late today. I was mopping up sheet rock dust while my tenant was moving in. Ugh! Thanks for your patience.
Disclaimer: The data relating to real estate transactions on this web site comes in part from the Hudson County MLS. While some of these listings are, in fact, our listings they are not ALL our listings nor do we hold them out as such. Century 21 Listings are identified with “C21″ after the address. Other listings are from the MLS and are identified with “MLS” after the address. Information is deemed reliable but not guaranteed.
- 483 active Hoboken condo units – vs. 483 last week
- 10 DABOs (Deposit Accepted By Owner i.e. under contract) vs. 8 dabos last week
- 26 sold (1 short sales) vs. 15 sold (0 short sales)
- 34 new listings vs. 16
- 25 price reductions vs 15
- 8 expired listing vs. 6
Studio & 1 Bedroom Hoboken Condos:
15 new listings
182 active
6 Dabos
- 138 Garden (mls) listed at $369k on Apr 5; reduced to $349k on Apr 29.
- 77 River (mls) listed at $379k.
- 422 Madison (mls) listed at $219k on May 18; reduced to $218.9k on Jul 27.
- 800 Jackson (mls) listed at $390k.
- 725 Jeff (mls) listed at $370k on Jun 15; reduced to $364k on Jul 14.
- 901 Madison (mls) listed at $429k.
4 Sold
- 100 Clinton (mls) listed at $229k on Mar 10; reduced to $219k on May 4; sold for $200k.
- 1016 Wash (C21) listed at $375k on Jun 14; sold for $355k.
- 101 Willow (mls) listed at $300k on Mar 17; sold for $245k (short sale).
- 834 Wash (mls) listed at $269k on Feb 21; sold for $262k.
8 price reductions
Two Bedroom Hoboken Condos:
15 new listings
250 active listings.
3 Dabos
- 127 Park (mls) listed at $412k on Aug 16.
- 337 Park (mls) listed at $715k on Aug 6.
- 800 Jackson (mls) listed at $550k on Aug 31.
16 sold
-
84 Adams (mls) listed at $510k on Apr 29; sold for $490k.
- 800 Jackson (mls) listed at $602k on Apr 19; reduced to $566k on Apr 27; sold for $545k.
- 211 Madison (mls) listed at $589k on Mar 1; reduced to $579k on Apr 5; $568k on Jun 15; sold for $550k.
- 321 Monroe (mls) listed at $460k on Apr 14; reduced to $450k on Jun 4; sold for $436k.
- 700 1st St (mls) listed at $435k on Jun 23; sold for $436k.
- 536 Grand (mls) listed at $489k on Mar 3; reduced to $479k on Jun 28; $458k on Jul 1; sold for $440k.
- 212 Adams (C21) listed at $449k on Oct 9; sold for $420k.
- 1325 Adams (mls) listed at $460k on Apr 8; sold for $450k.
- 800 Jackson (C21) listed at $695k on Mar 7; reduced to $646k on May 14; sold for $646k.
- 456 9th St (mls) listed at $579k on Apr 7; sold for $560k.
- 635 6th St (mls) listed at $514k on Oct 15; increased to $534k on Dec 24; reduced to $484k on Apr 20; sold for $425k.
- 530 Madison (mls) listed at $659k on Apr 6; reduced to $645k on May 19; $639k on May 19; sold for $600k.
- 224 Hudson (mls) listed at $540k on May 27; sold for $528k.
- 1125 Maxwell (mls) listed at $924k on Jun 9; reduced to $885k on Jun 23; sold for $888k.
- 913 Willow (mls) listed at $520k on May 21; sold for $501k.
- 906 Wash (mls) listed at $439k on Mar 15; sold for $423k.
12 price reductions
Three Bedroom and Larger Hoboken Condos:
4 new listing
51 active listings.
1 Dabo
- 415 Madison (mls) listed at $629k on Apr 13; reduced to $610k on May 20.
5 sold
- 211 Mad (mls) listed at $589k on Mar 1; reduced to $579k on Apr 5; $567k on Jun 15; sold for $555k.
- 56 Jeff (mls) listed at 1.100mil on Jun 9; sold for $975k.
- 510 Monroe (mls) listed at $489k on Jun 5; sold for $473k.
- 112 Adams (mls) listed at $575k on Jun 4; sold for $577k.
- 215 Monroe (mls) listed at $695k on Apr 6; reduced to $669k on May 4; $650k on Jun 2; $620k on Jun 17 ; sold for $600k.
4 price reductions
Hoboken Condo Open Houses
Want to Receive New Listings & Price Reductions Daily?
If you would like to be emailed the new listings and price reductions each weekday in either 1br, 2br or 3br categories just email us at info@hobokensbest.com letting us know which size(s) you would like and we’ll add you to the daily email list.
For more information you can always contact us at 201 993 9500.
Thanks for reading and, as always, we welcome your comments!
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The Hoboken Open House Google Map for Sat. 8/28 and Sun. 8/29
Categories: Open House
Every Open House in Hoboken this weekend as compiled from the Midweek and Hoboken Reporter, the MLS, every Realtor website and email and Craigslist courtesy of the Turoff Realty Team
When you look at the map, place markers are color coded:
- Studio & 1BRs are red
- 2BRs are green
- 3BR & Bigger are yellow
New listings are marked with a Push Pin icon.
Click on the location marker for:
- open house date
- time
- unit size
- asking price
- down arrows indicate price reductions
- link to the MLS listing
Want to know which open houses are on Saturday and which only Sunday? Click on “tools” at the top of the list and enter the word “sat” or “sun” (without the quotes) into the search box.
Did you know that the agent hosting an open house is the Seller’s agent?Whether it is the actual listing agent or any other agent from the same company, that person legally represents the sellers. Not only that, the hosting agent – by law – has a fiduciary duty to the seller to get that seller the highest possible pricefor that property. Do you think it might be a conflict of interestfor that same person to then represent you? Many people think so. In fact, in many states (other than NJ) it is illegal for the same agent to represent the seller and also work with the buyer.
Did you know that when you go to an open house you can see the property at the open house on your own and, if you like it, go back to it with your own agent?You can! So if you see something you like at an open house you might want to consider finding your own agent who does not work for the seller.Just because you walk into an open house does not mean that the hosting (seller’s) agent gets to “claim” you as his or her customer – even if you “sign in”. You are the consumer. You are spending your hard earned money on what is probably the biggest investment you will make in your life. Don’t you think you should be able to work with whom you choose?
Questions? Text us at 201 993 9500.
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The Weekly Wednesday Wrap Up – Hoboken Condo Sales & Activity for the Week of August 24th
Categories: Weekly Wednesday Wrap Up
Hoboken Condos Sales & Activity – Week of August 24th
“Housing Market Plunged in July, Fueling Anxiety” 
Today’s front page of the NY Times has some grim headlines, and says no region has been spared and that prices are expected to fall further. July housing sales were 25.5% below the level of a year ago, according to NAR and the volume of single family home sales was the lowest since 1995. This was worse than expected and caused the stock market to take a hit as well. According to the article, even today’s historically low mortgage rates, depressed home prices, and government loan programs are not doing the trick of bringing buyers back to the table. Are Hoboken or Manhattan really that different? There are arguments that can be made on both sides of the debate. For some good news, Hoboken inventory has remained below 500.
Disclaimer: The data relating to real estate transactions on this web site comes in part from the Hudson County MLS. While some of these listings are, in fact, our listings they are not ALL our listings nor do we hold them out as such. Century 21 Listings are identified with “C21″ after the address. Other listings are from the MLS and are identified with “MLS” after the address. Information is deemed reliable but not guaranteed.
- 483 active Hoboken condo units – vs. 497 last week
- 8 DABOs (Deposit Accepted By Owner i.e. under contract) vs. 9 dabos last week
- 15 sold (0 short sales) vs. 6 sold (0 short sales)
- 16 new listings vs. 25
- 15 price reductions vs 23
- 6 expired listing vs. 11
Studio & 1 Bedroom Hoboken Condos:
4 new listings
189 active
2 Dabos
- 915 Madison (mls) listed for $429k on Jul 28.
- 1206 Wash (mls) listed for $369k on Jun 3; reduced to $349k on Jul 12.
7 Sold
- 210 2nd St. (mls) listed for $400k on Apr 23; reduced to $350k on Jun 3; $395k on Jun 6; $370k on Jun 11; sold for $350k.
- 1125 Maxwell (mls) listed for $549k on Apr 28; sold for $539k.
- 1003 Garden (mls) listed for $375k on May 5; sold for $365k.
- 659 1st St. (mls) listed for $374k on Mar 15; reduced to $364k on Apr 17; sold for $347.5k.
- 224 Madison (mls) listed for $320kon Jan 30; sold for $310k.
- 117 Clinton (mls) listed for $410k on May 10; sold for $415k.
6 price reductions
Two Bedroom Hoboken Condos:
7 new listings
257 total listings.
- 188 up to $600,000
- 69 $600,000 and over
5 Dabos
- 226 Willow (mls) listed at $450k on Jun 1.
- 1325 Adams (mls) listed at $460k on Apr 8.
- 82 Clinton (mls) listed at $547k on Jul 8; reduced to $535k on Aug 3.
- 609 Observer (mls) listed at $545k on Jun 7.
- 456 9th St (mls) listed at $579k on Apr 7.
4 sold
-
1115 Willow (mls) listed for $450k on Jun 22; sold for $415k.
- 109 Harrison (mls) listed for $860k on Oct 12; reduced to $754k on Oct 30; $740k on Nov 11; $692k on Apr 7; sold for $670k.
- 659 `st St (mls) listed for $568k on Mar 17; reduced to $549k on May 11; sold for $535k.
- 131 Monroe (mls) listed for $419k on Apr 5; reduced to $409k on May 7; sold for $395k.
8 price reductions
Three Bedroom and Larger Hoboken Condos:
4 new listing
51 active listings.
1 Dabo
- 659 1st St (mls) listed at $669k on Aug 5.
2 sold
- 700 1st St. (mls) listed for $515k on Jul 20; sold for $440k.
- 822 Hudson (mls) listed for 1.150mil on Apr 7; sold for 1.05mil.
no price reductions
Hoboken Condo Open Houses
Want to Receive New Listings & Price Reductions Daily?
If you would like to be emailed the new listings and price reductions each weekday in either 1br, 2br or 3br categories just email us at info@hobokensbest.com letting us know which size(s) you would like and we’ll add you to the daily email list.
For more information you can always contact us at 201 993 9500.
Thanks for reading and, as always, we welcome your comments!
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