2012 Feb 10th

The Hoboken & Downtown JC Open House Google Map for Saturday, Feb 11th & Sunday, Feb 12th, 2012

The Original and Best Open House Google Map!

Courtesy of the Turoff Realty Team

No need to register! No silly form to fill out!

Just click on the map below to see every Open House in Hoboken this weekend

hoboken-open-house

Click HERE to see the Downtown Jersey City Open House Map

When you look at the maps, place markers are color coded:

  • Studios & 1BRs are red
  • 2BRs are green
  • 3BRs & Bigger for Hoboken are yellow
  • New listings are marked with a Push Pin icon (in the same color scheme.)

Click the “Address”, “Price” “Bed” or “Details” columns to put the open houses in ascending or descending order.

Click on the location marker for:

  • open house date
  • time
  • unit size
  • asking price
  • link to all the info found on the MLS and more (from ourHobokensBestHomes.com IDX feed.)

Who Represents Whom?

Did you know that the agent hosting an open house is the Seller’s agent?Whether it is the actual listing agent or any other agent from the same company, that person legally represents the sellers. Not only that, the hosting agent – by law – has a fiduciary duty to the seller to get that seller the highest possible price for that property. Do you think it might be a conflict of interest for that same person to then represent you? Many people think so. In fact, in many states (other than NJ) it is illegal for the same agent to represent the seller and also work with the buyer.

If You Thought Sunscreen & Condoms were the Only Protection You Need – You Are Wrong!

Interested in new construction – like Maxwell Place or Hudson Tea? Before you walk into the Toll Brothers Sales Office know what you are getting in to! Once you talk to the sales office – even casually – they WILL NOT compensate your agent if you go back with an agent. Of course, you should go back with an agent because:

1. The sales office works NOT for you but for the developer! They are Toll Brother’s agent – not yours!

2. Despite what you may have heard or come to believe, Toll Brothers is NOT going to cut you a deal if you work with them without an agent.

Looking at resales? Did you know that when you go to an open house you can see the property at the open house on your own and then go back to it with your own agent? So if you see something you like at an open house you find your own agent whodoes not work for the seller. By the way, if the host says “oh, it’s not my listing, I’m not the seller’s agent” they are just flat-out wrong. The listing agreement a seller signs is between the seller and the brokerage company (Century 21, Coldwell, Remax, etc.). EVERY agent from that firm is the seller’s agent! So protect your interests. You’re making one of the biggest financial decisions of your life.

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Posted by Lori Turoff | Currently Comments Off

2012 Feb 8th

The Weekly Wednesday Wrap Up – Hoboken Condo Sales & Activity for the Week of February 8th, 2012

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

  • 205 active Hoboken condo units – vs. 205 last week
  • 10 DABOs (Deposit Accepted By Owner i.e. under contract) vs. 15 last week
  • 14 Sold vs. 7 last week
  • 28 New listings vs. 17 last week
  • 10 Price change vs. 3 last week
  • 11 Expired listings vs. 1 last week

1 Bedroom & Studio Condos

8 New listings

5 Price Changes

82 Active

6 DABO’s

  • 328 Garden St., 1 listed Jan 17 for $420K;
  • 1025 Maxwell Ln., 505 listed Jan 11 for $729K;
  • 1500 Washington St., 12J listed Dec 15 for $459K;
  • 2 Constitution Ct., 1108 listed Nov 30 for $420K;
  • 133 Jackson St., 5A listed Nov 30 for $349K;
  • 565 First St., 4 listed June 21 for $279K; reduced Aug 3 to $275K; reduced Sept 16 to $270K;

7 Sold

  • 232 Park Ave., 3 listed Oct 20 for $280K; reduced nov 4 to $266K; sold for $265K;
  • 1125 Maxwell Ln., 407 listed Oct 5 for $589K; sold for $575K;
  • 1500 Washington St., 4N listed Aug 18 for $469K; sold for $437K;
  • 647 Garden St., 1W listed Aug 9 for $259K; sold for $215K;
  • 228 Bloomfield St., 3 listed July 26 for $325K; reduced Oct 28 to $250K; sold for $205K;
  • 327 Monroe St., 7 listed July 13 for $250K; sold for $236K;
  • 88 Park Ave., 3N listed May 19 for $339K; reduced June 16 to $325K; reduced Aug 16 to $309K; reduced Sept 8 to 299K; sold for $285K;

2 Bedroom Condos

16 New listings

5 Price changes

103 Active

4 DABOs

  • 403 Adams St., 3 listed Feb 3 for $368K;
  • 708-710 Willow Ave., 3 listed Jan 27 for $279K;
  • 800 Jackson St., 309 listed Sept 8 for $539K;
  • 800 Jackson St., 706 listed Sept 7 for $538K;

4 Sold

  • 1125 Maxwell Ln., 711 listed Oct 31 for $900K; reduced nov 15 to $885K; reduced Nov 16 to 875K; sold for $845K;
  • 1030 Hudson St., 6 listed July 29 for $575K; reduced Nov 1 to $560K; sold for $545K;
  • 2 Constitution Ct., 1111 listed July 28 for $525K; reduced Sept 21 to $500K; sold for $458K;
  • 1500 Washington St., 8X listed April 16 for $675K; sold for $655K;

3 Bedroom & Bigger Condos

4 new listings

No price changes

20 Active

No DABOs;
3 Sold
  • 1425 Garden St., 402 listed Oct 28 for $1.275Mil; sold for $1.265Mil;
  • 616 Monroe St., 2 listed Sept 21 for $1.239Mil; sold for $1.2 Mil;
  • 99 Park Ave., 2D listed April 7 for $1.35Mil; reduced June 10 to $1.3Mil; reduced Sept 9 to $1.2Mil; sold for $1.13Mil;
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Posted by Lori Turoff | Currently 2 Comments »

2012 Feb 7th

The January Hoboken Condo Sale Results

First and foremost – congratulations to Hoboken’s own Eli Manning and the brilliant win by the NY Giants!

Here is what happened in January and a comparison to the past two years.  The biggest change I see here is the number of units active on the first day of the month – a 45% drop!  Combine that with an almost 20% increase in the number of properties that have gone under contract and you’ve got a competitive market brewing.

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Posted by Lori Turoff | Currently Comments Off

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