The July Hoboken Condo Sales Results
Categories: Hoboken Condos
The average price of a Hoboken condo has just breached the $900,000 mark for the first time in history. There is no question in my mind that our little mile-square town has changed. It is more affluent than ever before and the people moving here and buying homes can afford more than ever before. No longer the place for college grads who come here for cheap rents, we are now the home to young families looking for an easy commute and good quality of life. And free pre-school, if they are lucky enough to make the cut.
The developers have responded with new construction catering to these young families. Large, over 2000 square foot, luxuriously-appointed condos are popping up everywhere and commanding hefty prices. The brownstone renovation continues with few buildings left that haven’t been gutted and prices up in the $3-million neighborhood becoming more frequent. Don’t expect it to change any time soon. A walk down Washington Street makes it very apparent to an old-timer like me that a whole new audience of consumers is being catered to and the real estate segment has responded as well.
Gentrification happened years ago. This is entirely something else. I applaud the city government for its many, mostly successful efforts to move Hoboken forward to keep these residents and taxpayers happy. (The Washington Street bike lane – not such a success). Now if only our school system could make the leap to excellence…
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The Hoboken Weekly Wednesday Wrap Up for the Week Endging August 1st
Categories: Hoboken Condos
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As of August 1, 2018:
- 253 active Hoboken listings
- 228 Condo & Co-op listings, compared to 236 last week
- 25 Single-family and Multi-family compared to 30 last week.
This Week’s Residential Property Sales & Activity:
- 13 Pending (Deposit Accepted By Owner and Under Contract) vs 14 last week
- 28 sold vs 15 last week
- 24 New vs. 28 last week
- 13 Price changes vs. 15 last week
- NOTE – the new convention is for agents to withdraw and re-list properties so the “days on market” clock resets and the price change does not show up in the MLS history. It would simply be too time-consuming for me to track every one of these “price changes” manually to include in this weekly report. If you are curious about a particular property, we will be happy to research it for you if you let us know.
Studio & 1-Bedroom Properties
77 Active
8 New
5 Pending
- 1015 Grand 4B, listed 7/18 for $470k.
- 159 Newark 1B, listed 6/28 for $498k.
- 501 9th 613, listed 7/25 for $565k.
- 812 Grand 408, listed 7/14 for $615k.
- 800 Jackson 813, listed 6/25 for $619k.
8 Sold
- 101 Willow 3B, listed 5/24 for $299k, sold for $306k.
- 1025 Wash 3R, listed 5/31 for $415k, sold for $425k.
- 406 4th #2, listed 5/8 for $435k, sold for $425k.
- 157 14th 4L, listed 5/2 for $499k, sold for $493.5k.
- 818 Willow 5L, listed 5/4 for $499k, sold for $490k.
- 140 Garden #7, listed 6/6 for $515k, sold for $525k.
- 1500 Wash 8C, listed 4/5 for $699k, sold for $670k.
- 1025 Maxwell 1107, listed 3/18 for $975k, reduced to $945k, sold for $920k.
2-Bedroom Properties
104 Active
13 New
6 Pending
- 744 Park 4R, listed 7/16 for $599k.
- 420 Jeff 4F, listed 5/17 for $650, reduced to $630k.
- 921 Garden #3, listed 6/8 for $715, reduced to $689k.
- 380 Newark 3C, listed 7/3 for $745k, reduced to $725k.
- 636 5th 301 listed 6/22 for $739k.
- 1200 Grand 614, listed 7/18 for $975k.
14 Sold
- 509 Madison 4A, listed 5/18 for $669k, sold for $669k.
- 151 2nd 3-4B, listed 5/19 for $700k, sold for $715k.
- 551 Observer 15E, listed 3/21 for $799k, reduced to $790k, sold for $770k.
- 406 4th #5, listed 4/4 for $875, reduced to $849k, sold for $849k.
- 600 Hudson 3D, listed 3/15 for $869k, sold for $845k.
- 456 9th #48, listed 6/1 for $870k, sold for $876k.
- 1100 Adams 317, listed 2/15 for $900k, reduced to $885k, sold for $855k.
- 325 Willow 2B, listed 4/19 for $899k, sold for $925k.
- 722 Jeff 4A, listed 6/19 for $1.05mil, reduced to $999k, sold for $999k.
- 722 Jeff 4C, listed 6/21 for $1.05mil, reduced to $999k, sold for $999k.
- 722 Jeff 2c, listed 6/21 for $1.1mil, sold for $1.13mil.
- 89 Jeff 5B, listed 4/25 for $1.1mil, sold for $1.2mil.
- 728 Bloom #2, listed for $ 1.15mil, reduced to $1.13mil, sold for $1.089mil.
- 1450 Wash 908, listed 6/25 for $1.149mil, sold for $1.146mil.
3-Bedroom & larger Properties
53 Active
2 New
2 Pending
- 102 Wash 3B, listed 6/15 for $599k.
- 516 Grand #4, listed 7/19 for $1.08mil.
- 813 Wash #6, listed 5/3 for $875k, reduced to $799k, sold for $799k.
- 700 1st 9W, listed 2/20 for $800k, sold for $825k.
- 226 Park #3, listed 6/1 for $999, sold for $975k.
- 227 Madison #1, listed 5/9 for $1.1mil, sold for $1.125mil.
- 722 Jeff 4B, listed 6/19 for $1.5mil, sold for $1.5mil.
- 341 Garden #2, listed for $3.5mil, sold for $3.45mil.
The information provided in this private transmission is only for the personal, non-commercial use of you, the consumer. It may not be reproduced or distributed in any manner. It may not be used for any purpose other than to identify prospective properties you the consumers may be interested in purchasing or renting.
Sales numbers rounded up for convenience. Information is deemed to be reliable but not guaranteed.
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The Hoboken Weekly Wednesday Wrap Up for the Week Ending July 25th
Categories: Hoboken Condos
If you’d like to see this info with live links, please complete the form below. Without an accurate email address, it won’t be possible to send. Thanks!
As of July 25, 2018:
- 259 active Hoboken listings
- 234 Condo & Co-op listings, compared to 236 last week
- 25 Single-family and Multi-family compared to 30 last week.
This Week’s Residential Property Sales & Activity:
- 14 Pending (Deposit Accepted By Owner and Under Contract) vs 15 last week
- 15 sold vs 23 last week
- 28 New vs. 32 last week
- 15 Price changes vs. 22 last week
- NOTE – the new convention is for agents to withdraw and re-list properties so the “days on market” clock resets and the price change does not show up in the MLS history. It would simply be too time-consuming for me to track every one of these “price changes” manually to include in this weekly report. If you are curious about a particular property, we will be happy to research it for you if you let us know.
Studio & 1-Bedroom Properties
77 Active
7 New
6 Pending
- 235 Monroe #8, listed 7/2 for $295k.
- 140 Garden #6, listed 6/13 for $410k.
- 801 Willow 2F, listed 6/29 for $449k.
- 159 Newark 1B, listed 6/28 for $539k, reduced to $498k.
- 800 Jackson 813, listed 6/25 for $619k.
- 2 Constitution 408, listed 5/18 for $645k.
8 Sold
- 509 Monroe 2R, listed 4/27 for $307k, sold for $303.5k.
- 527 Jeff #3, listed 2/21 for $359k, reduced to $339k, reduced to $319k, sold for $295k.
- 58 Monroe 2R, listed 5/8 for $400k, sold for $405k.
- 135 Garden #3, listed 5/28 for $410k, sold for $430k.
- 725 Jeff #30, listed 5/9 for $499k, sold for $499k.
- 93 Garden #2, listed 5/22 for $499k, sold for $499k.
- 157 14th 4L, listed 5/2 for $499k, sold for $493.5k.
- 1125 Maxwell 551, listed 2/23 for $825k, reduced to $799k, reduced to $769k, sold for $750k.
2-Bedroom Properties
104 Active
15 New
5 Pending
- 805 Willow 5L, listed 6/6 for $550k, reduced to $530k.
- 402 Adams #2, listed 2/15 for $600k, reduced to $550k.
- 84 Bloom #12, listed 6/28 for $739k.
- 636 5th 301, listed 6/22 for $739k.
- 901 Madison 4B, listed 6/27 for $749k.
6 Sold
- 1320 Bloomfield 2B, listed 4/3 for $699k, sold for $670k.
- 403 Adams #1, listed 5/17 for $750k, sold for $760k.
- 407 Monroe 5A, listed 5/3 for $860k, reduced to $840k, sold for $835k.
- 1450 Wash 208, listed 5/17 for $999k, sold for $980k.
- 89 Jeff 5B, listed 4/25 for $1.1mil, sold for $1.2mil.
- 1500 Wash 3L, listed 5/17 for $1.125, sold for $1.1mil.
3-Bedroom & larger Properties
53 Active
5 New
3 Pending
- 137 Garden #1, listed 4/26 for $1.1mil, reduced to $1.075mil, reduced to $999k.
- 213 Madison #2, listed 7/11 for $1.35mil.
- 722 Jeff 5C, listed 6/21 for $1.575mil.
The information provided in this private transmission is only for the personal, non-commercial use of you, the consumer. It may not be reproduced or distributed in any manner. It may not be used for any purpose other than to identify prospective properties you the consumers may be interested in purchasing or renting.
Sales numbers rounded up for convenience. Information is deemed to be reliable but not guaranteed.
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