2020 Jan 7th

The December Hoboken Condo Sales Results

There was a bit of a bounce back in sales prices in December, though the number of properties listed this past month dropped dramatically.  The holiday season will do that.  What strikes me, looking at these statistics over time, is the strong price appreciation in the 3-bedroom plus category.  The story I read here is that families are staying in Hoboken longer and want fancy new, very big homes with 4 bedrooms.  Those units are going to cost you around 1.3 million.  Still considerably less than a brownstone and the features are entirely different.  Would you rather have parking and an elevator or your own house and a yard?  There is a big difference in location, too, as most of the new construction, larger condos are on the west side all over town (where there used to be factories) while the renovated brownstones are on the east side and uptown where they have stood for the past 100+ years.

Posted by Lori Turoff | Currently No Comments »

2020 Jan 2nd

The Hoboken January 2, 2020 Weekly Wednesday Wrap Up

Wishing you all a fabulous 2020!

Week ending Jan. 2nd, 2020

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  •  149 active Hoboken listings
  •  130 Condo & Co-op listings
  • 19 Single-family and Multi-family  

This Week’s Residential Property Sales & Activity:

Studio & 1-Bedroom Properties

15 Pending.

9 Sold

2-Bedroom Properties

14 Pending

4 sold

3-Bedroom & larger Properties

3 Pending

  • 456 9th #7, listed 12/6 for $750k.
  • 1107 Willow #3, listed 919 for $1mil.
  • 1125 Maxwell TH6, listed 7/31 for $2.85mil.
  • 1024 Adams #200, listed 4/3 for $3.175mil.

3 Sold

  • 1011 Willow #7, listed 9/18 for $700k, sold for $725k.
  • 1410 Grand 201, listed 5/31 for $1.285mil, sold for $1.25mil.
  • 115 Grand 401, listed 11/1 for $1.45mil, sold for $1.45mil.

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.

Posted by Lori Turoff | Currently No Comments »

2019 Dec 26th

The December 26th Hoboken Weekly Wednesday Wrap Up

Due to the holiday, we are publishing on Thursday this week.  Happy Holidays to you all!

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Week ending Dec. 26th, 2019

  •  202 active Hoboken listings
  •  169 Condo & Co-op listings
  • 23 Single-family and Multi-family  

This Week’s Residential Property Sales & Activity:

Studio & 1-Bedroom Properties

3 Pending.

2 Sold

2-Bedroom Properties

7 Pending

7 sold

3-Bedroom & larger Properties

none pending

5 Sold

  • 501 Adams 2C, listed 6/26 for $825k, sold for $820k.
  • 720 Willow #5, listed 9/13 for $1.23mil sold for $1.23mil.
  • 1125 Maxwell 908, listed 7/18 for $2mil, sold for $1.9mil.
  • 1500 Garden 6L, listed 10/2 for $2.1mil, sold for $2.05mil.
  • 115 Grand 201 listed 11/1 for $2.1mil, sold for $1.845mil.

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.

Posted by Lori Turoff | Currently No Comments »

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