2010 Aug 4th

The Weekly Wednesday Wrap Up – Hoboken Condo Sales & Activity for the Week of August 4th

Hoboken Condos Sales & Activity – Week of August 4th

Here is a revenue-raising idea for Hoboken – NY City is now planning to start charging $175 per tax appeal hearing, according to the NY Post. revenueThe fees apply only to properties assessed over a certain value. Owners can till file tax appeal applications and waive hearings for free. Sources told the Post that the Office of Management and Budget expects an additional $700,000 per year in revenue from the new fee, which the agency said it will use to help cover costs and to “modernize the hearing process.” Are you listening Hoboken City Hall?

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.

Studio & 1 Bedroom Hoboken Condos:

14 new listings

204 active

3 Dabos

4 Sold

11 price reductions

Two Bedroom Hoboken Condos:

16 new listings

260 total listings.

1 Dabo

6 sold

Three Bedroom and Larger Hoboken Condos:

4 new listing

49 active listings.

no dabos

3 sold

2 price reductions

Hoboken Condo Open Houses

If you are in the market for a Hoboken condo, our Hoboken Open House Google Map is your best source for locating every open house in Hoboken. It is the single, most complete listing available and we were the first ones to do it. We compile the information by hand from all possible sources to provide you with all the information you need in one spot. It’s posted on Friday every week.

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!

  1. shortsequalmarket

    Craig

    Well good to see you now have moved to prices could fall more. I guess there is some “Evidence” prices may fall.

  2. whynot

    when they fall (not including the initial decline) – please let us know – thanks! prices today are basicaly the same they were a year ago. shorts has been making the “MAJOR fall arguement” for a long a time now trying to scare sellers, so he or she can purchase. nice try.

    🙂 🙂 🙂

  3. Craig

    Shorts – of course prices could still fall. No one can predict the future. But they aren’t likely to fall another 20% like you’re hoping. Maybe another 5% – and that’s only for the more undesirable properties. The only units that could see a further drop than that are the way overpriced high-end units that definitely have room for market correction. But when it comes to the sweet spot of the sub-$600k 2 br/ 2 ba market, you aren’t likely to see anymore downward movement.

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