2013 Feb 27th

The Weekly Wednesday Wrap-Up – Hoboken Residential Sales and Activity for the Week of February 27th, 2013

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This Week’s Residential Property Sales & Activity:

159 active Hoboken listings:

  • 146 Condo & Co-op listings, compared to 146 last week
  • 13 Single- and multi-family listings, compared to 8 last week
  • 10 DABOs (Deposit Accepted By Owner i.e. under contract) vs 15 last week
  • 9 Sold vs. 9 last week
  • 28 New listings vs. 27 last week
  • 5 Price changes vs. 9 last week
  • 2 expired listings vs. 0 last week

1 Bedroom & Studio Properties

9 New listings

1 Price change

50 Active listings

3 DABOs

 

  • 813 Willow Ave., 4S listed Feb 15 for $335K;
  • 300 Newark St., 4K listed Jan 8 for $445K;
  • 1425 Garden St., 203 listed Feb 9 for $635K;

5 Sold

  • 333 Monroe St., 1A listed Nov 28 for $309K; sold for $310K;
  • 227 Monroe St., 1R listed Jan 10 for $375K; sold for $380K;
  • 222 Grand St., 4I listed Jan 2 for $439K; sold for $430K;
  • 924-926 Jefferson St., 2B listed Nov 12 for $449K; sold for $472K;
  • 901 Garden St., 1 listed Nov 13 for $479K; sold for $488K;

2 Bedroom Properties

14 New listings

1 Price change

80 Active listings

5 DABOs

  • 700 1st St., 4C listed Feb 22 for $485K;
  • 2-6 Paterson Ave., 5C listed jan 21 for $547K;
  • 407-409 Monroe St., 5A listed Feb 11  for $550K;
  • 415 Newark St., 12G listed Feb 6 for $579K;
  • 729 Madison St., 3H listed Jan 30 for $595K;
3 sold
  • 95 Garden St, 4B listed Nov 14 for $569K; sold for $556K;
  • 827 Garden St., 2 listed Dec 8 for $599K; sold for $575K;
  • 1022 Hudson St., 1 listed Dec 4 for $798K; sold for $815K;

3 Bedroom & Bigger Properties

5 New listings

3 Price changes

22 Active listings

7 Multi-Family Active listings

2 DABO’s

  • 530 Madison St., 3A listed Feb 8 for $750K;
  • 1230 Garden St., listed Feb 7 for $2.299M;
1 sold
  • 158 13th St., listed Nov 7 for $1.60M; sold for $1.60M;
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  1. JC

    Anybody else impressed with these 1 BR sales prices? The two that sold above listing both average approx $590 per square foot! Even the one on grand Street fetched a decent price for a place with out a renovated kitchen, nice outdoor space though.

  2. Lori

    I sold one of them – 227 Monroe. It was small so the $/sq ft is high but the level of renovation was above average and the yard a huge bonus. It went to ‘final and best’ with multiple bids. Supply and demand is causing this – there are slightly more listings than 3 months ago but the buyers are still out there fighting over the nice ones.

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