2015 Apr 21st

The Weekly Wednesday Wrap-Up – Hoboken Residential Sales and Activity for the Week of April 22nd, 2015

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As of April 22nd, 2015:

  • 170 active Hoboken listings
  • 141 Condo & Co-op listings, compared to 140 last week
  • 16 Single-family listings, compared to 12 last week
  • 13 Multi-family listings, compared to 9 last week

This Week’s Residential Property Sales & Activity:

  • 27 DABOs (Deposit Accepted By Owner and Under Contract) vs. 22 last week
  • 17 Sold vs 28 last week
  • 3o New listings vs. 36 last week
  • 6 Price changes vs. 14 last week
  • 1 expired listing vs. 0 last week

Studio & 1-Bedroom Properties

46 Active listings

8 New listings

3 Price changes

12 DABOs

  • 133 Madison St., 3L listed Jun 18, 2012 for $175K;
  • 330 Madison St., 8 listed April 7 for $319K;
  • 208 Willow Ave., 301 listed April 6 for $335K;
  • 706 Willow Ave., 2S(L) listed Jan 30 for $379K;
  • 738 Washington St., 1 listed April 3 for $410K;
  • 512 Jefferson St., 4R listed April 16 for $425K;
  • 909 Garden St., 1 listed Mar 10 for $469K;
  • 64 2nd St., 206 listed Mar 24 for $495K;
  • 1120 Clinton St., 5C listed April 7 for $505K;
  • 70 Adams St., 2-O listed April 1 for $525K;
  • 1450 Washington St., 901 listed Feb 24 for $699K; reduced Mar 17 to $649K;
  • 1025 Maxwell Ln., 1009 listed Mar 22 for $760K;

8 Sold

  • 1016 Willow Ave., 1A listed Nov 11 for $325K; reduced Dec 22 to $300K; sold for $290K;
  • 128 Garden St., 1 listed Feb 10 for $349K; sold for $338K;
  • 1011 Park Ave., 3L listed Jan 15 for $360K; sold for $366K;
  • 205 Park Ave., 6 listed Oct 20 for $500K; sold for $500K;
  • 1500 Washington St., 11T listed Nov 20 for $519K; sold for $503K;
  • 2 Constitution Ct., 310 listed Feb 13 for $525K; sold for $525K;
  • 927 Hudson St., 5 listed Jan 20 for $525K; sold for $535K;
  • 1500 Hudson St., 6B listed Feb 11 for $599K; sold for $599K;

2-Bedroom Properties

71 Active listings

17 New listings

3 Price changes

11 DABOs

  • 550 2nd St., 1F listed Mar 25 for $460K;
  • 412 Washington St., 2E listed Mar 18 for $489K;
  • 360 1st St., 5 listed April 8 for $525K;
  • 205 14th St., 1F listed Mar 27 for $550K; reduced April 9 to $525K;
  • 1300 Grand St., 417 listed April 15 for $699K;
  • 325 Willow Ave., 3B listed April 8 for $749K;
  • 211 Madison St., 3 listed Mar 26 for $799K;
  • 1200 Grand St., 224 listed April 1 for $800K;
  • 115 Clinton St., 1 listed April 9 for $865K;
  • 1125 Maxwell Ln., 515 listed Mar 26 for $975K;
  • 2 Constitution Ct., 1210 listed April 9 for $1.025M;;
4 Sold
  • 126 Madison St., 2 listed Jan 15 for $405K; sold for $405K;
  • 1222 Washington St., 2N listed Feb 25 for $469K; sold for $489K;
  • 78-80 Jackson St., 3B lsited Jan 15 for $650K; sold for $650K;
  • 1100 Adams St., 612 listed Feb 3 for $775K; sold for $775K;

3-Bedroom & Larger Properties

24 Active listings

5 New listings

0 Price changes

13 Multi-Family Active listings

16 Single-Family Active listings

4 DABOs

  • 547 Bloomfield St., 3 listed Mar 16 for $899K;
  • 313 Grand St., 3 listed April 17 for $939K;
  • 208 5th St., listed Feb 18 for $1.269M;
  • 717 Garden St., listed April 15 for $1.395M;

5 Sold

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Posted by Nathan Turoff | Currently No Comments »

2015 Apr 18th

The Hoboken & Downtown JC Open House Google Map for Saturday, April 18th & Sunday, April 19th, 2015

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:

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 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:

Posted by Nathan Turoff | Currently No Comments »

2015 Apr 17th

Why Lockboxes Help a Hoboken Condo Seller

It’s Friday.  My day to make appointments for showing buyers properties over the weekend.  I’ve been telling you for the past year what a shortage of inventory there is in the Hoboken real estate market.  How every nice property receives multiple bids.  Those same properties, before the bids come rolling in, are also in extremely high demand for showings by agents.  Saturday and Sunday are the busy days – it’s when most buyers are off from work and can go looking at prospective homes.  One would think that a listing agent, whose job it is to get the most money in the least amount of time for the seller, would understand that easy access to the property is in the seller’s interest.  Real estate is nothing more than supply and demand.  The more people who see a place, the more offers there are likely to be presented.  The more offers there are, the more money the seller is likely to get.  Simple stuff. chicken I just called to make an appointment to show a new listing at a very sought-after complex.  One where 2 bedrooms have been selling like hotcakes and prices have escalated by $100k in a year.  I was told there was one key at the office.  When I suggested that maybe the listing agent put a lockbox on the property, at least for the weekend, he told me he “doesn’t do” lockboxes.  It’s too much trouble “because the key could get lost”.  Well, the key can get lost no matter if I take it out of a lockbox or get it from the office.  The problem is that on Sunday morning, when 50 agents all want to show the same unit, and there is no open house and only one set of keys, chaos ensues.  Some agent has the key, the listing office is not sure which one has it, and we all run around after each other playing chase down the key instead of being able to do our jobs professionally.  Sometimes you just can’t get the key so the property doesn’t get shown.  Yes, I find this incredibly frustrating.  But you know who really suffers?  The seller.  There are real buyers who want to see the place who don’t get in because there is only one set of keys and no lockbox.

Posted by Lori Turoff | Currently 3 Comments »

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