The Weekly Thursday Wrap Up – Downtown JC Condo Sales & Activity for the Week of May 5th

2011 May 5th

The Weekly Thursday Wrap Up – Downtown JC Condo Sales & Activity for the Week of May 5th

Categories: Hoboken Condos, Jersey City Condos, Weekly Thursday Wrap Up

Downtown Jersey City Condos Sales & Activity – Week of May 5th, 2011

HobokenRealEstateNews recognizes that our readership extends beyond our fair city’s one mile boundries. Hoboken buyers are often interested in what their money will buy in the downtown Jersey City market, just as Jersey City sellers often wish to reach out to affluent Hoboken buyers (and vice versa.) As such, we now publish the Jersey City Weekly Thursday Wrap-Up (WTWU) and we’ve expanded our popular Hoboken Open House Google Map to include downtown JC as well.

Here is this week’s condo sales report:

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.

292 active Jersey City condo units – vs. 300 last week
17 new listings vs. 15 last week
8 DABOs (Deposit Accepted By Owner i.e. under contract) vs. 4 dabos last week
5 sold vs. 3 sold
16 price reductions vs 14
10 expired listings vs. 10

Studio & 1 Bedroom Downtown Jersey City Condos:

10 new listings

3 DABOs

88 Morgan St. (mls) listed on Feb 9 for $399k; reduced on Mar 25 to $385k
201 Marin (mls) listed on Apr 14 for $309.9k
45 River Drive South (mls) listed on Dec 17 for $408.5k; reduced on Mar 5 to $399.9k

2 Sold

134 Morris (mls) listed on Feb 18 for $239.9k; sold for $225k
20 Newport Pkwy (mls) listed on Jan 7 for $525k; reduced on Jan 25 to $509.9k; sold for $475k

8 price reductions

122 Total Active 1BRs

Two Bedroom Downtown Jersey City Condos:

6 new listings

2 DABO

264 9th St. (C21) listed on Mar 1 for $429k; price reduced on Mar 29 to $410k
310 2nd St. (mls) listed on Oct 1 for $479k; reduced on Nov 4 to $469k; reduced on Jan 15 to $459k; reduced on Mar 7 for $444.9k

2 sold

201 Marin Blvd (mls) listed on Apr 30 for $750k
253 Washington St. (mls) listed on Nov 11 for $559k; reduced on Feb 10 to $540k; sold for $515k

2 Price Reductions

146 Total Active 2BRs

Three Bedroom and Larger Downtown Jersey City Condos:

1 new listings

3 DABOs

297.5 Montgomery (mls) listed on Apr 7 for $799.9k
159 2nd St. (mls) listed on Feb 23 for $679k; reduced on Mar 18 to $659k
313 2nd St. (mls) listed on Mar 18 for $489k

1 Sold

159 2nd St. (mls) listed on Feb 18 for $559; sold for $540k

6 price reductions

24 Total Active 3BRs

Hoboken and Downtown Jersey City Condo Open Houses

If you are in the market for a Hoboken or Downtown Jersey City condo, our Hoboken Open House Google Map is your best source for locating every open house. 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 (Hoboken only) just email us at [email protected] 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!

Hoboken Condos