2019 Jan 4th

The December Hoboken Condo Sales Results

Wow. Three bedrooms in Hoboken are hovering near the $2-million mark. There are a bunch of really large, new construction condos on the market recently. Noticing buyers’ appetite for high-end finishes and family-friendly spaces, developers are addressing a previously underserved niche and it is paying off in kind. But to get into one of these new, shiny homes, you will need to pony up. Taxes on a $2-million property would be about $24,000 a year. Welcome to New Jersey! Despite the recent daily debacle of the Dow, the Hoboken real estate market remains quite strong. Location, location, location, as they say.

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