2015 Jul 8th

The Weekly Wednesday Wrap-Up – Hoboken Residential Sales and Activity for the Week of July 8th, 2015

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As of July 8, 2015:

  • 166 active Hoboken listings
  • 138 Condo & Co-op listings, compared to 139 last week
  • 19 Single-family listings, compared to 19 last week
  • 9 Multi-family listings, compared to 9 last week

 

This Week’s Residential Property Sales & Activity:

  • 11 DABOs (Deposit Accepted By Owner and Under Contract) vs. 22 last week
  • 31 Sold vs 24 last week
  • 22 New listings vs. 26 last week
  • 4 Price changes vs. 11 last week
  • 0 expired listing vs. 1 last week

 

Studio & 1-Bedroom Properties

47 Active listings

11 New listings

0 Price changes

5 DABOs

  • 119 Clinton St., 2R listed Jun 17 for $375K;
  • 413 1st St., 2R  listed Jun 26 for $400K;
  • 557 2nd St., 1 listed Jun 25 for $420K;
  • 1107 Washington St., 7 listed Jun 26 for $425K;
  • 700 1st St., 7B listed Jun 23 for $499K;

10 Sold

  • 114 Monroe St., 4L listed May 7 for $328K; sold for $330K;
  • 450 7th St., 1D listed April 9 for $350K; sold for $355K;
  • 402 Monroe St., 1R listed April 6 for $349K; sold for $360K;
  • 812 Garden St., 1 listed Jan 30 for $375K; sold for $370K;
  • 218 Willow Ave., 4R listed April 24 for $415K; sold for $426K;
  • 512 Jefferson St., 4R listed April 29 for $435K; sold for $460K;
  • 310 10th St., 310 listed May 4 for $469K; sold for $460K;
  • 1500 Hudson St., 5K listed May 6 for $529K; sold for $541K;
  • 1025 Maxwell Ln., 1009 listed Mar 22 for $760K; sold for $745K;
  • 1125 Maxwell Pl., 905 listed April 8 for $819K; sold for $825K;

 

2-Bedroom Properties

58 Active listings

7 New listings

1 Price change

3 DABOs

  • 1208 Washington St., 2N listed May 18 for $549K;
  • 536 Grand St., 604 listed Jun 25 for $650K;
  • 300 Newark St., 7G listed Jun 19 for $799K;

13 Sold

  • 512 1st St., 5 listed Jun 20 for $375K; reduced Nov 24 to $299K; reduced Feb 9 to $275K; sold for $275K;
  • 412 Washington St., 2E listed Mar 18 for$489K; sold for $497K;
  • 135 Garden St., 5 listed Mar 27 for $540K; sold for $520K;
  • 416 Monroe St., 1L listed May 1 for $565K; sold for $590K;
  • 133 Jackson St., 2A listed April 18 for $619K; sold for $625K;
  • 501 9th St., 610 listed April 30 for $630K; sold for $651K;
  • 105 7th St., 1 listed April 20 for $635K; sold for $657K;
  • 107 Jackson St., 2 listed Feb 9 for $775K; reduced Mar 2 to $749K; reduced Mar 30 to $715K: sold for $700K;
  • 812 Grand St., 502 listed April 20 for $690K; sold for $700K;
  • 812 Grand St., 414 listed May 7 for $699K; sold for $705K;
  • 1500 Hudson St., 12U listed April 23 for $965K; sold for $965K;
  • 1500 Hudson St., 6R listed Mar 4 for $1.150M; sold for $1.125M;
  • 84 Jefferson St., 5C listed April 16 for $1.125M; sold for $1.125M;

 

3-Bedroom & Larger Properties

33 Active listings

4 New listings

3 Price changes

9 Multi-Family Active listings

19 Single-Family Active listings

3 DABOs

  • 221 Madison St., 1 listed May 1 for $899K;
  • 822 Hudson St., 1 listed Jun 13 for $1.349M;
  • 132 Park Ave., listed Jun 18 for $1.60M;

8 Sold

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Posted by Nathan Turoff | Currently No Comments »

2015 Jul 2nd

The June Hoboken Condo Sales Results

Fireworks are in store – and not just for the 4th of July. The Hoboken real estate boom continues. Prices setting new highs with the average price per square foot now at $682. The average sales price is up 18% over a year ago. We even had to reduce the font for the price of 3-bedroom properties to make the numbers fit our chart.  Inventory remains low and multiple offers and over-asking prices are the order of the day. There are no signs of abatement in sight.

People often ask me, “is it a bubble?” I sincerely think not. Buyers are buying to occupy the premises, putting down at least 20% and have been priced out of Manhattan, Brooklyn and often Queens. Hoboken is a bargain compared to some places.

Here are the June numbers:

Unfortunately, the fireworks are no longer over the Hudson so the crowds won’t be in Hoboken, as they were in past years.  Whatever your plans for the weekend, have a safe, fun-filled Fourth and don’t hesitate to reach out to us for all your real estate needs!

The Turoff Team
[email protected]

fireworks

Posted by Lori Turoff | Currently 3 Comments »

2015 Jul 1st

The Weekly Wednesday Wrap-Up – Hoboken Residential Sales and Activity for the Week of July 1st, 2015

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As of July 1, 2015:

  • 167 active Hoboken listings
  • 139 Condo & Co-op listings, compared to 145 last week
  • 19 Single-family listings, compared to 19 last week
  • 9 Multi-family listings, compared to 10 last week

This Week’s Residential Property Sales & Activity:

  • 22 DABOs (Deposit Accepted By Owner and Under Contract) vs. 22 last week
  • 24 Sold vs 32 last week
  • 26 New listings vs. 26 last week
  • 11 Price changes vs. 12 last week
  • 1 expired listing vs. 1 last week

Studio & 1-Bedroom Properties

47 Active listings

12 New listings

5 Price changes

5 DABOs

  • 414 Madison St., 1R listed April 2 for $340K; reduced Jun 22 to $335K;
  • 74 Garden St., 5N listed Jun 4 for $425K;
  • 72 Park Ave., 5D listed Jun 24 for $419K; increased Jun 26 to $439K;
  • 1500 Washington St., 10C listed Jun 10 for $699K;
  • 1125 Maxwell Ln., 622 listed May 21 for $810K;

6 Sold

  • 208 Willow Ave., 301 listed April 6 for $335K; sold for $364K;
  • 119 Clinton St., 4R listed Mar 10 for $350K; sold for $368K;
  • 616 Adams St., 4 listed Mar 25 for $439K; reuced April 21 to $427K; sold for $K;
  • 818 Jefferson St., 1C listed April 30 for $445K; sold for $422K;
  • 650 2nd St., 5H listed May 7 for $525K; reduced Jun 3 to $505K; sold for $497K;
  • 1125 Maxwell Ln., 926 listed April 20 for $950K; sold for $950K;

2-Bedroom Properties

59 Active listings

9 New listings

4 Price changes

12 DABOs

  • 70 Park Ave., 3L listed May 27 for $450K;
  • 556 1st St., 9 listed Jun 12 for $489K;
  • 807 Washington St., 2S listed Jun 26 for $525K;
  • 700 1st St., 4K listed Jun 17 for $589K;
  • 84 Adams St., 3H listed Jun 9 for $659K;
  • 325 Adams St., 7 listed Jun 5 for $785K;
  • 400 9th St., W4H listed Jun 13 for $799K;
  • 1500 Hudson St., 4V listed May 11 for $950K; reduced Jun 2 to $925K;
  • 308 Bloomfield St., 3 listed Jun 3 for $929K;
  • 1450 Washington St., 404 listed Jun 11 for $1.029M;
  • 1125 Maxwell Ln., 733 listed April 21 for $1.825M; reduced May 1 to $1.775M; reduced Jun 4 to $1.699M;
  • 225 River St., 1904 listed Jun 29 for $1.975M;
8 Sold
  • 812 Grand St., 213 listed Oct 6 for $585K; sold for $585K;
  • 415 Newark St., 11F listed Feb 16 for $679K; sold for $655K;
  • 1100 Clinton St., 304 listed April 21 for $720K; sold for $720K;
  • 81-87 Jackson St., 3E listed May 8 for $739K; sold for $740K;
  • 1100 Adams St., 303 listed Mar 10 for $790K; sold for $811K;
  • 600 Hudson St., 1F listed April 23 for $839K; sold for $825K;
  • 302 Monroe St., 2A listed Feb 20 for $835K; sold for $830K;
  • 2 Constitution Ct., 1210 listed April 9 for $1.025M; sold for $1.013M;

3-Bedroom & Larger Properties

33 Active listings

5 New listings

2 Price changes

9 Multi-Family Active listings

19 Single-Family Active listings

5 DABOs

  • 218-220 Jackson St., 7 listed Mar 23 for $564K; reduced Jun 9 to $534K; reduced Jun 9 to $529K;
  • 220 Jefferson St., 3A listed Jun 4 for $675K;
  • 530 Bloomfield St., listed April 22 for $1.700M; reduced May 29 to $1.525M;
  • 715 Park Ave., listed Jun 15 for $1.650M;
  • 206 Adams St., listed Mar 25 for $3.175M; reduced May 18 to $2.995M;

10 Sold

Posted by Nathan Turoff | Currently No Comments »

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