2016 Nov 30th

The Weekly Wednesday Wrap-Up – Hoboken Residential Sales and Activity for the Week of November 30th, 2016

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As of November 30, 2016:

  • 149 active Hoboken listings
  • 121 Condo & Co-op listings, compared to 131 last week
  • 13 Single-family listings, compared to 13 last week
  • 15 Multi-family listings, compared to 16 last week

This Week’s Residential Property Sales & Activity:

  • 9 DABOs (Deposit Accepted By Owner and Under Contract) vs 14 last week
  • 7 Sold vs 12 last week
  • 5 New listings vs. 22 last week
  • 6 Price changes vs. 6 last week
  • 0 expired listings vs. 2 last week

Studio & 1-Bedroom Properties

38 Active listings

1 New listing

3 Price changes


  • 72 Garden St., 4R listed Nov 11 for $349K;
  • 231 Grand St., 5R listed Oct 3 for $380K;
  • 228 Monroe St., 2FN listed Sept 16 for $449K;
  • 159 Newark St., 1B listed Nov 17 for $495K;

2 Sold

  • 235 Park Ave., 1A listed Sept 14 for $439K; sold for $439K;
  • 1450 Washington St., 619 listed Sept 6 for $850K; sold for $835K;

2-Bedroom Properties

49 Active listings

2 New listings

1 Price change


  • 73 Garden St., 4L listed Oct 11 for $549K; reduced Oct 31 to $514K;
  • 700 1st St., 5K listed Nov 17 for $649K;
  • 600 Hudson St., 4A listed Nov 17 for $845K;
  • 1500 Washington St., 5F listed Sept 19 for $1.025M; reduced Oct 24 to $999K;
4 Sold
  • 301 Monroe St., 2R listed April 26 for $479K; sold for $470K;
  • 83 Monroe St., 2A listed Sept 15 for $629K; sold for $629K;
  • 223 Park Ave., 3 listed Sept 17 for $849K; sold for $870K;
  • 1500 Garden St., 3B listed Aug 15 for $1.0M; sold for $1.039M;

3-Bedroom & Larger Properties

34 Active listings

2 New listings

2 Price changes

15 Multi-Family Active listings

13 Single-Family Active listings


  • 401 Jefferson St., 2E listed Mar 30 for $1.925M; reduced Jul 13 to $1.559;

1 Sold


Posted by Nathan Turoff | Currently No Comments »

2016 Nov 28th

Mortgage Rates Rising – What’s it Mean for Hoboken Real Estate?

CNN Money says mortgage rates are “surging” since the election.   The NY Times says rates climbed to a 16 month high, illustrating that the difference in a $400,000 mortgage would be an additional $700 a year in mortgage payment.  Higher rates make buying a home more expensive.  Perhaps with the limited inventory in Hoboken, it won’t matter.  Prices will stay strong because of the demand pressure.  If rates continue to rise, however, or if the economy softens, or if people start feeling nervous about the future, that could change.

When my clients ask for my view, my answer is invariably that they should be making a decision to buy a home based on much bigger factors such as the need for a tax write-off, the desire for more space or a better location or the potential for long-term appreciation.  Given the unpredictable events of recent days, however, the next four years for real estate may be a rocky road.  Like much else, we will have to see how it plays out.

Posted by Lori Turoff | Currently 16 Comments »

2016 Nov 25th

The Hoboken & Downtown JC Open House Google Map for Saturday, November 26th & Sunday, November 27th, 2016

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:

Posted by Nathan Turoff | Currently No Comments »

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