2012 Mar 14th

The Weekly Wednesday Wrap-Up – Hoboken Condo Sales and Activity for the Week of March 14th, 2012

Hoboken Becomes More Bike Friendly by the Day

Kudos to the powers that be in City Hall for filling a much needed gap in bike parking at the PATH.  This rack went up very recently and, on the first day of nice weather, it’s full.  I love all the racks with the bike emblem along Washington Street where parking meters used to be, too.

hoboken bike racks

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This Week’s Condo Sales & Activity versus last week’s:

230 active Hoboken condo units – vs. 227 last week

  • 9 DABOs (Deposit Accepted By Owner i.e. under contract) vs. 4 last week
  • 3 Sold vs. 20 last week
  • 30 New listings vs. 32 last week
  • 12 Price change vs. 11 last week
  • 3 Expired listings vs. 2 last week

1 Bedroom & Studio Condos

10 New listings

4 Price Changes

100 Active

4 DABOs

  • 1315 Washington St., 5B listed Jan 12 for $300K;
  • 1015 Washington St., 52 lited Feb 23 for $325K;
  • 503 Bloomfield St., 3 listed Mar 6 for 334K;
  • 1500 Washington St., 10P listed Feb 21 for $459K;

1 Sold

  • 1015 Washington St., 1 listed Jan 3 for $320K; sold for $312K;

2 Bedroom Condos

17 New listings

5 Price changes

105 Active

2 DABOs

  • 58 Madison St., 8 listed Jan 6 for $285K;
  • 833 Willow Ave., 1 listed Jan 11 for $575K;

2 Sold

  • 1125 Maxwell Ln., 340 listed Feb 26 for $1.353Mil; sold for $1.3Mil;
  • 1125 Maxwell Ln., 500 listed Jan 23 for $2.151Mil; sold for $2.097Mil;

3 Bedroom & Bigger Condos

3 new listings

3 Price changes

25 Active

3 DABOs
  • 327 Bloomfield St., 1 listed Feb 12 for $1.099Mil;
  • 124-130 Park Ave., 2A listed Jan 10 for $1.855Mil;
  • 225 River St., 2003 listed Jan 23 for $2.195Mil;
2 sold
  • 415 Madison St., 2 listed Dec 8 for $585K; sold for $560K;
  • 222 Hudson St., 1 listed June 24 for $800K; reduced Nov 1 to $749K; sold for $685K;
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