2018 Aug 22nd

The Hoboken Weekly Wednesday Wrap Up for the Week Ending August 22nd

Please note – this report includes activity over the past TWO weeks as I was on vacation last week.  This is to be sure nothing was missed and catch you up to date.  Thanks for your patience!

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As of August 22, 2018:

  •   250 active Hoboken listings
  •   220 Condo & Co-op listings,
  • 30 Single-family and Multi-family  

This Week’s Residential Property Sales & Activity:

Studio & 1-Bedroom Properties

64 Active

12 New

14 Pending

15 Sold

2-Bedroom Properties

102 Active

26 New

17 Pending

24 Sold

3-Bedroom & larger Properties

54 Active

11 New

8 Pending

  • 1031 Wash #4, listed 7/27 for $750k.
  • 71 Monroe 202, listed 8/2 for $1.15mil.
  • 71 Monroe 302, listed 8/2 for $1.15mil.
  • 1125 Maxwell 228, listed 5/24 for $1.475mil.
  • 2 Constitution 103 listed 7/9 for $1.6mil
  • 722 Jeff 4D, listed 7/17 for $1.6mil
  • 411 Monroe #2, listed 2/22 for $1.925mil
  • 737 Garden #2, listed 10/6 for $2mil.
9 sold

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 »

2018 Aug 8th

The Hoboken Weekly Wednesday Wrap Up for the Week Ending August 8th

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As of August 8, 2018:

  •   256 active Hoboken listings
  •   227 Condo & Co-op listings, compared to 228 last week
  • 29 Single-family and Multi-family compared to 25 last week.

 This Week’s Residential Property Sales & Activity:

 

Studio & 1-Bedroom Properties

72 Active

6 New

4 Pending

9 Sold

 

2-Bedroom Properties

104 Active

21 New

8 Pending

13 Sold


3-Bedroom & larger Properties

52 Active

11 New

5 Pending

  • 102 Wash 3B, listed 6/15 for $599k.
  • 1031 Wash #4, listed 7/27 for $750k.
  • 516 Grand #4, listed 7/19 for $1.08mil.
  • 71 Monroe 301, listed 8/2 for $1.17mil.
  • 70 Monroe #4, listed 7/8 for $1.325mil.
8 sold.

 

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 »

2018 Aug 5th

The July Hoboken Condo Sales Results

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…

Posted by Lori Turoff | Currently 10 Comments »

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