2018 Apr 18th

The Hoboken Weekly Wednesday Wrap Up for the Week Ending April 18

Fewer new listings this week.  Maybe the Spring rush to market has already sprung?  Overall, inventory remains fairly low with under two hundred condos for sale total.  I remember very clearly the days of over 500!  Don’t we all wish we had bought them up back then…

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As of April 18th, 2018:

  •   205 active Hoboken listings
  •   188 Condo & Co-op listings, compared to 185 last week
  •   26 Single-family and Multi-family compared to 27 last week.

 This Week’s Residential Property Sales & Activity:

Studio & 1-Bedroom Properties

74 Active

9 New

5 Pending

4 Sold

2-Bedroom Properties

66 Active

13 New

6 Pending

 9 Sold

3-Bedroom & larger Properties

48 Active

5 New

2 Pending

  • 218 Jackson #8, listed 3/13 for $660k.
  • 128 Harrison #202, listed 3/2 for $1.125mil.
1 Sold
  • 1500 Hudson – Eli Manning’s place!  Listed 3 years ago for around $5.2mil.  Finally sold for $3.55mil.  Ouch.

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Sales numbers rounded up for convenience.  Information is deemed to be reliable but not guaranteed.

 

  1. Matt B

    Hi Lori, I’m relatively new to your site – thanks for the market data! You stated under 100 condos for sale, but then it shows 185 condos for sale right below that statement. That seems to be near recent year highs, am I missing something? I live in Downtown Jersey City, seems like the market is being impacted by the revaluation, do you think it’s a blip or something significant?

  2. Lori

    Hi Matt,
    Typo somewhere – let me sort it out and correct. Thanks for catching. I try, but nothing is perfect.

    Hoboken had it’s reval a few years ago and even though some homes saw steep increases, it is now pretty much forgotten. The same is likely to happen in JC in my opinion though JC does have many more tax-abated buildings. Jersey – the entire state – has high taxes. It’s a simple fact of living here.

  3. Lori

    Active number today is 194.

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