The Hoboken & Downtown JC Open House Google Map for Saturday, April 27th & Sunday, April 28th 2013
Categories: For Buyers, Hoboken Brownstones, Hoboken Condos, Hoboken New Construction, Jersey City Condos, Neighborhoods, Open House
The Original and Best Open House Google Map!
Courtesy of the Turoff Realty Team
No need to register! No form to fill out!
Just click on the map below to see every Open House in Hoboken this weekend:
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 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 sort the list of 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.)
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The Weekly Wednesday Wrap-Up – Hoboken Residential Sales and Activity for the Week of April 24th, 2013
Categories: For Buyers, For Sellers, Hoboken Brownstones, Hoboken Condos, Hoboken New Construction, Market Analysis, Weekly Wednesday Wrap Up
This Week’s Residential Property Sales & Activity:
228 active Hoboken listings:
- 212 Condo & Co-op listings, compared to 208 last week
- 16 Single- and multi-family listings, compared to 19 last week
- 22 DABOs (Deposit Accepted By Owner i.e. under contract) vs 31 last week
- 25 Sold vs. 28 last week
- 53 New listings vs. 55 last week
- 11 Price changes vs. 12 last week
- 0 expired listings vs. 2 last week
1 Bedroom & Studio Properties
11 New listings
2 Price changes
75 Active listings
7 DABOs
- 102-104 Washington St., 4B listed April 3 for $275K;
- 201 Washington St., 305 listed April 13 for $289K;
- 201 Washington St., 401 listed April 12 for $342K;
- 1107 Washington St., 6 listed Mar 21 for $360K;
- 73 Madison St., 2RS listed April 4 for $380K;
- 512 Jefferson St., 1L listed Mar 7 for $475K;
- 700 1st St., 16PK listed Mar 18 for $550K;
5 Sold
- 222 Madison St., 1R listed Jan14 for $299K; sold for $292K;
- 80-82 Bloomfield St., 2C listed Jan 15 for $359K; sold for $350K;
- 88 Park Ave., 4S listed Feb 26 for $379K; sold for $379K;
- 450 7th St., 1Q listed Jan 30 for $399K; sold for $395K
- 1125 Maxwell Ln. 731 listed Feb 6 for $660K; sold for $645K;
2 Bedroom Properties
34 New listings
5 Price changes
110 Active listings
9 DABOs
- 450 7th St., 3E listed Jan 18 for $469K; increased Jan 26 to $475K; reduced Mar 17 to $463K; reduced April 16 to $450K;
- 933 Willow Ave., 2B/2L listed Mar 20 for $475K;
- 89 Grand St., F listed April 10 for $525K;
- 536 Grand St., 303 listed April 11 for $535K;
- 523 Monroe St., 2 listed April 17 for $539K;
- 95 Garden St., 4A listed Feb 22 for $629K; reduced Mar 16 to $599K;
- 729 Madison St., 2H listed Mar 13 for $600K;
- 109-115 Harrison St., 401 listed Mar 15 for $725K;
- 1425 Garden St., 506 listed April 14 for $1.090M;
- 1123 Washington St., 1 listed Jan 24 for $449K; sold for $420K;
- 636 Park Ave., 4 listed Jan 22 for $435K; sold for $435K;
- 636 Park Ave., 3 listed Jan 22 for $435K; sold for $435K;
- 811 Washington St., 1L listed Jan 4 for $480K; reduced Jan 17 to $477K; sold for $460K;
- 332 Monroe St., 4 lsited Feb 14 for $500K; reduced Feb 19 to $480K; sold for $475K;
- 700 1st St., 8M listed Dec 21 for $500K; sold for $482K;
- 700 1st St., 9C listed Jan 11 for $475K; increased Jan 24 to $485K; sold for $485K ;
- 2-6 Paterson Ave., 5C listed Jan 21 for $547K; sold for $540K;
- 1100 Adams St., 504 listed Feb 13 for $589K; sold for $589K;
- 926 Willow Ave., 1 listed Jan 22 for $599K; sold for $600K;
- 1021 Grand St., PHB listed Feb 8 for $609K; sold for $609K;
- 116 Bloomfield St., 3 listed Oct 18 for $755K; reduced Jan 28 to $680K; sold for $668K ;
- 1313 Park Ave., 4C listed Feb 4 for $650K; sold for $675K;
- 1500 Washington St., 3B listed Jan 10 for $700K; sold for $690K;
- 522 Hudson St., 3 listed Feb 22 for $689K; sold for $695K;
- 1021 Grand St., PHF listed Jan 2 for $819K; reduced Jan 18 to $800K; sold for $775K;
- 408 Court St., 5 listed Feb 2 for $850K; sold for $835K;
3 Bedroom & Bigger Properties
9 New listings
4 Price change
34 Active listings
9 Multi-Family Active listings
6 DABO’s
- 720 Adams St., 1 listed Feb 1 for $606K; reduced Mar 6 to $595K; reduced Mar 29 to $580K;
- 821 Washington St., 3 listed April 11 for $639K;
- 58 Jefferson St., A listed April 22 for $1.0M;
- 78-80 Jackson St., 5A listed April 9 for $1.295M;
- 1232 Bloomfield St., listed April 3 for $1.650M;
- 1223 Garden St., listed April 11 for $1.799M;
- 530 Madison St., 3A listed Feb 8 for $750K; sold for $735K;
- 261 4th St., 3 listed Mar 20 for $769K; sold for $789K;
- 116 Bloomfield St., listed Oct 18 for $1.389M; reduced Jan 28 to $1.250M; sold for $1.245M;
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The Latest Way for Agents to Beat the System in Hoboken Real Estate Sales
Categories: For Buyers
One would think that the number of days a property has been on the market is an important thing for a buyer to know. Even in a hot market.
One would also think that whether a property for sale has had a price reduction might also be a relevant fact. I certainly think so.
Our MLS system allows agents to make a price change. If a price change is entered into the MLS, you can see that the price was changed and you can look at the history to see what the old price was before the change. You can also see how many days something has been listed by looking at the “DOM” or ‘days on market’. The clock starts ticking when the property is listed initially and keeps going through however many price changes it takes to get it sold.
A condo that’s had 3 price reductions and has been on the market for 107 days does not seem as enticing as a new listing with no price reductions that’s only been on the market a day, right? Seems like important stuff to know when your shopping for a condo in Hoboken. I would ask my agent those questions if I were a buyer.
Yet there is a new game in town. The game is played by the same few agents every time they want to do a “price change”. But these agents don’t enter a price change. They’ve figured out how to game the system and say ‘the seller wanted me to do it that way’.
Rather than reduce the price, the agent has the seller sign a withdrawal form so the listing comes off the MLS. The agent then immediately re-lists the property at a new, lower price. This way you, the buyer, (and maybe other agents) are hopefully fooled into thinking that:
1.) It is a brand new listing and shows up as such in the daily “hot sheet” of new listings and at the top of internet sites that list by newness;
2.) It hasn’t been sitting on the market unsold for any period of time at a higher price; and
3.) There have been no price reductions.
When I asked the powers-that-be at the Hudson MLS about this I was told “it does not violate any rules”. It may not violate any rules but don’t you think it hurts you – the consumer – when information about a market as vital to the economy as the local real estate market is distorted? Or maybe all agents will start to play this new game and the “price change” will become a thing of the past while “DOM” becomes meaningless.
Caveat Emptor lives on.
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