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
- 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.
- 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.
- 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.
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.
- 415 Madison (mls) listed at $629k on Apr 13; reduced to $610k on May 20.
- 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
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