2014 Aug 20th

The Weekly Wednesday Wrap-Up – Hoboken Residential Sales and Activity for the Week of August 20th, 2014

  1. (required)
  2. (valid email required)
 

cforms contact form by delicious:days

As of August 20th, 2014:

  • 162 active Hoboken listings
  • 150 Condo & Co-op listings, compared to 156 last week
  • 4 Single-family listings, compared to 4 last week
  • 8 Multi-family listings, compared to 8 last week

This Week’s Residential Property Sales & Activity:

  • 12 DABOs (Deposit Accepted By Owner and Under Contract) vs. 13 last week
  • 20 Sold vs 17 last week
  • 15 New listings vs. 23 last week
  • 4 Price changes vs. 15 last week
  • 2 expired listings vs. 3 last week

 

Studio & 1-Bedroom Properties

62 Active listings

8 New listings

0 Price changes

6 DABOs

  • 527 Jefferson St., 1 listed April 24 for $345K; reduced June 3 to $330K;
  • 322 Madison St., 8 listed May 29 for $338K;
  • 212 Madison St., 1A listed Aug 4 for $340K;
  • 80 Park Ave., 2F listed June 11 for $390K;
  • 830 Monroe St., 4G listed July 31 for $475K;
  • 1500 Washington St., 3N listed Mar 28 for $550K; reduced July 23 to $525K;

4 Sold

  • 423 Adams St., 4L listed June 24 for $300K; sold for $309K;
  • 227 Monroe St., 1L listed April 22 for $348K;  sold for $344K;
  • 700 1st St., 15U listed May 28 for $450K;  sold for $465K;
  • 322 Hudson St., 4 listed June 12 for $500K;  sold for $500K;

 

2-Bedroom Properties

74 Active listings

5 New listings

4 Price changes

4 DABOs

  • 1008 Garden St., 3 listed July 29 for $450K;
  • 324 Garden St.,. 3 listed Aug 5 for $485K;
  • 116 Madison St., 2 listed May 5 for $675K;
  • 1100 Maxwell Ln., 504 listed June 24 for $1.149M;
13 Sold
  • 815 Park Ave., 5R listed May 9 for $369K; reduced May 19 to $350K; sold for $358K;
  • 717 Adams St., 2L listed May 14 for $429K; sold for $419K;
  • 1114 Hudson St., 9 listed April 25 for $450K; sold for $440K;
  • 1007 Willow Ave., 9 listed May 28 for $499K; sold for $495K;
  • 1110 Clinton St., 6 listed July 9 for $499K; sold for $499K;
  • 1330 Clinton St., 301 listed June 6 for $600K; sold for $615K;
  • 1029 Garden St., 3 listed June 18 for $600K; sold for $620K;
  • 1200 Grand St., 317 listed May 8 for $649K; sold for $649K;
  • 700 1st St., 12P listed May 12 for $625K; sold for $660K;
  • 108-112 Monroe St., 5B listed May 30 for $675K; sold for $670K;
  • 415 Adams St., 4 listed June 12 for $649K; sold for $675K;
  • 1100 Adams St., 412 listed May 15 for $789K; sold for $789K;
  • 2 Constitution Ct., 416 listed May 27 for $959K; increased July 31 to $993K; sold for $959K;

 

3-Bedroom & Larger Properties

14 Active listings

2 New listings

0 Price changes

8 Multi-Family Active listings

4 Single-Family Active listings

2 DABOs

  • 807 Clinton St., 2C listed Aug 6 for $689K;
  • 517 Garden St., listed Aug 8 for $1.589M;

3 sold

FacebookTwitterGoogle+Share

Posted by Nathan Turoff | Currently 2 Comments »

2014 Aug 14th

An Actual Hoboken Real Estate Conversation

Last week, a property was listed in the MLS as an 800 square foot 2 bedroom.    There was no floor plan provided, though the capacity to provide one right on the MLS exists and we always do.  From the photos, it was impossible to tell what the layout was like, and there were no pictures of the second bedroom.  My buyer was interested in seeing it but asked me about the second bedroom.  Having sold a unit in that building years ago, I was pretty sure that it was not a true 2 bedroom.  I suspected that the second “bedroom” was actually the little, half-room which is above the entrance hallway on the main floor.  This little room is often used as an office or a nursery as it will fit a crib but it is not typically large enough for a full sized bed.

First, I called the listing agency to request a floor plan.  I was told none was available.  This is interesting because there is a Master Deed for every condo unit and in that Master Deed, is a floor plan for every unit in the condo association.  So one was available, but this agent didn’t have it or hadn’t bothered to ask the seller for it.    So I texted the listing agent.  The conversation went like this:

Me:  “Is 123 Main St. a true 2br or a railroad?  Is the 2nd BR the little room over the lobby?”

Listing Agent:  “2br”

Me:  “Right, but equal size BRs?”

Listing Agent:  “No”

Me:  “So is the second “bedroom” the small room above the entrance way on the parlor floor?”

Listing Agent:  “I dont know.  When you see it you will know”

Needless to say, my buyers didn’t care to see it.  What took me aback, however, is that this agent could not be bothered to answer a simple question from another agent.  I assume he couldn’t be bothered because the alternative is that he really didn’t know the layout of his own listing, which would be nothing less than a likely breach of fiduciary duty to his seller.  How do you not know the layout of your own listing?  Why haven’t you bothered to get a floor plan?  Does the seller of this property know that his or her agent is dealing with inquiries from agents in this callous manner?  If I were the seller and found out, I’d fire this agent immediately.  This makes me just crazy and gives ALL realtors a bad name.  Raise the bar, people!

 

Posted by Lori Turoff | Currently 5 Comments »

2014 Aug 13th

The Weekly Wednesday Wrap-Up – Hoboken Residential Sales and Activity for the Week of August 13th, 2014

  1. (required)
  2. (valid email required)
 

cforms contact form by delicious:days

As of August 13th, 2014:

  • 168 active Hoboken listings
  • 156 Condo & Co-op listings, compared to 158 last week
  • 4 Single-family listings, compared to 4 last week
  • 8 Multi-family listings, compared to 8 last week

This Week’s Residential Property Sales & Activity:

  • 13 DABOs (Deposit Accepted By Owner and Under Contract) vs. 22 last week
  • 17 Sold vs 34 last week
  • 23 New listings vs. 29 last week
  • 15 Price changes vs. 12 last week
  • 3 expired listings vs. 4 last week

 

Studio & 1-Bedroom Properties

65 Active listings

5 New listings

6 Price changes

6 DABOs

  • 63 Madison St., 4 listed June 11 for $309K;
  • 729 Washington St., 1L listed July 14 for $320K;
  • 636 Park Ave., 1 listed April 16 for $395K;
  • 218 Jefferson St., G listed July 17 for $415K;
  • 83 Monroe St., 3D listed July 7 for $525K;
  • 1100 Maxwell Ln., 517 listed June 25 for $559K; reduced July 23 to $543K;

4 Sold

  • 330 Madison St., 2 listed May 29 for $280K; sold for $271K;
  • 139 Bloomfield St., 2 listed May 15 for $295K; sold for $300K;
  • 1212 Washington St., 2N listed Mar 26 for $359K; sold for $355K;
  • 1106 Washington St., 2N listed May 28 for $399K; sold for $399K;

 

2-Bedroom Properties

75 Active listings

215 New listings

5 Price changes

6 DABOs

  • 461 4th St., 5W listed July 30 for $335K;
  • 622 Park Ave., 3B listed July 31 for $400K;
  • 76 Jackson St., 3R listed July 22 for $429K;
  • 830 Monroe St., 4B listed June 5 for $596K; reduced June 25 to $585K; reduced July 23 to $579K;
  • 1100 Adams St., 315 listed July 14 for $765K; reduced July 29 to $759K; reduced Aug 4 to $739K;
  • 511 Madison St., 201 listed Aug 4 for $755K;
10 Sold
  • 917 Willow Ave., 3N listed June 2 for $399; sold for $395K;
  • 533 Madison St., 3A listed Jan 25 for $419K; sold for $410K;
  • 919 Park Ave., 3L listed Feb 23 for $439K; reduced Mar 21 to $425K; sold for $411K;
  • 403 Bloomfield St., 1 listed June 4 for $525K; sold for $542K;
  • 501 Adams St., 4B listed June 5 for $599K; sold for $599K;
  • 713 Adams St., 3 listed June 3 for $589K; sold for $601K;
  • 415 Adams St., 4 listed June 12 for $649K; sold for $675K;
  • 452 2nd St., 7 listed April 22 for $700K; sold for $740K;
  • 2 Constitution Ct., 416 listed May 27 for $959K; increased July 31 to $993K; sold for $959K;
  • 1500 garden St., 8K listed June 5 for $1.279M; sold for $1.195M;

 

3-Bedroom & Larger Properties

16 Active listings

3 New listings

4 Price changes

8 Multi-Family Active listings

4 Single-Family Active listings

1 DABO

  • 532 Adams St., A listed May 14 for $575K; reduced July 8 to $545K;

3 sold

Posted by Nathan Turoff | Currently 2 Comments »

Copyright © 2008 Hoboken Real Estate News     Login     Sitemap