2015 Aug 8th

The July Hoboken Condo Sales Results

I’ve read that mortgage rates are going to start going up but very slightly and very slowly. Buyers often say they are afraid that rates are going to make homes unaffordable. I find this sort of funny because while they wait on the sidelines in fear of rising rates, actual home prices in Hoboken continue to skyrocket.

Here are the July numbers:

On average, a Hoboken condo now costs almost $700 a square foot. This month shows another substantial gain over last year, no matter how you measure it. When buyers come to me now asking for a property in Hoboken in the $300,000 range I start touting the merits of Jersey City Heights (and there are some real ones, including appreciation potential).

I heard an interesting fact the other day at a real estate seminar I attended. Inventory in Manhattan is down 32% from a year ago. Lack of inventory is putting price pressure on real estate all over the metro area. It can be extremely frustrating for buyers who are thinking “I’m not paying full price” only to be outbid over and over. It’s very difficult to work for clients with unrealistic expectations. I publish these statistics with the sincere hope that they will shed light on our market – light based on facts, not fear. I’ve never been the pushy salesperson but to succeed in this sellers’ market, some pushing is necessary. I let the analytics do that for me.

Enjoy the gorgeous weather and call me if you need an excellent agent to help you in your real estate search or sale.

201 993 9500


Posted by Lori Turoff | Currently 4 Comments »

2015 Aug 8th

The Hoboken & Downtown JC Open House Google Map for Saturday, August 8th& Sunday, August 9th, 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:


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 Aug 5th

The Weekly Wednesday Wrap-Up – Hoboken Residential Sales and Activity for the Week of August 5th, 2015

To see this post with live links to the listings, please complete this little form:

  1. (required)
  2. (valid email required)

cforms contact form by delicious:days

As of August 5, 2015:

  • 162 active Hoboken listings
  • 134 Condo & Co-op listings, compared to 133 last week
  • 18 Single-family listings, compared to 20 last week
  • 10 Multi-family listings, compared to 10 last week

This Week’s Residential Property Sales & Activity:

  • 13 DABOs (Deposit Accepted By Owner and Under Contract) vs 15 last week
  • 31 Sold vs 29 last week
  • 13 New listings vs. 21 last week
  • 8 Price changes vs. 10 last week
  • 0 expired listings vs. 0 last week

Studio & 1-Bedroom Properties

42 Active listings

4 New listings

2 Price changes


  • 608 Madison St., 7 listed July 7 for $365K;
  • 218 Willow Ave., 4L listed Jun 29 for $415K;
  • 1500 Washington St., 6V listed Jun 25 for $575K;
  • 1125 Maxwell Ln., 921 listed Aug 4 for $800K;

10 Sold

  • 119 Clinton St., 3R listed May 12 for $320K; sold for $320K;
  • 227 Monroe St., 3L listed April 21 for $325K; sold for $325K;
  • 709 Adams St., 6 listed May 4 for $355K; sold for $339K;
  • 358 6th St., 2L listed May 1 for $385K; sold for $369K;
  • 413 1st St., 3L listed Mar 9 for $410K; reduced April 14 to $405K; reduced April 29 to $400K; reduced May 15 to  $392K; sold for $392K;
  • 551 Observer Hghwy., 5H listed May 19 for $425K sold for $425K;
  • 212 Madison St., 4D listed May 28 for $439K; sold for $430K;
  • 66 Monroe St., 7 listed May 12 for $432K; sold for $432K;
  • 700 1st St., 7B listed Jun 23 for $499K; sold for $490K;
  • 1500 Hudson St., 10K listed April 23 for $560K; sold for $560K;

2-Bedroom Properties

63 Active listings

8 New listings

3 Price changes


  • 551 Observer Hghwy. 4A listed July 17 for $450K;
  • 70 Park Ave., 3L listed May 27 for $450K;
  • 212 Madison St., 2B listed July 21 for $659K;
  • 128 Harrison St., 403 listed July 17 for $669K;
  • 738 Washington St., 3 listed July 15 for $675K;
  • 610 Newark St., 7A listed Jun 18 for $695K; reduced July 1 to $680K;
  • 310 2nd St., 4 listed Jun 5 for $749K; reduced Jun 30 to $725K; reduced July 15 to $699K;
  • 456 9th St., 4S listed July 7 for $725K;
18 Sold
  • 554 Observer Hghwy., 4R listed Feb 18 for $349K; sold for $350K;
  • 813 Park Ave., 10(5R) listed May 1 for $379K; reduced May 22 to $365K; sold for $365K;
  • 323 Jackson St., 201 listed May 31 for $469K; sold for $460K;
  • 1208 Washington St., 2N listed May 18 for $549K; sold for $575K;
  • 531 Park Ave., 1 listed May 7 for $575K; sold for $600K;
  • 636 5th St., 407 listed April 7 for $625K; sold for $610K;
  • 735 Garden St., 3 listed May 14 for $625K; sold for $655K;
  • 700 1st St,. 8G listed May 12 for $599K; sold for $699K;
  • 727 Monroe St., 503 listed Jun 5 for $699K; sold for $K;
  • 1001 Clinton St., 6C listed May 27 for $725K; sold for $725K;
  • 1200 Grand St., 324 listed April 9 for $819K; reduced April 23 to $775K; reduced May 27 to $760K; reduced Jun 1 to $725K; sold for $745K;
  • 300 Newark St., 7G listed Jun 19 for $799K; sold for $830K;
  • 907 Garden St., 1 listed Jun 15 for $825K; sold for $875K;
  • 600 Hudson St., 2C listed May 13 for $949K: sold for $975K;
  • 1025 Maxwell Ln., 215 listed Mar 17 for $1.125M; reduced April 10 to $1.095M; sold for $1.055M;
  • 1025 Maxwell Ln., 906 listed Mar 25 for $1.150M; sold for $1.150M;
  • 254 7th St., listed May 4 for $1.295M; sold for $1.356M;
  • 1125 Maxwell Ln., 733 listed April 21 for $1.825M; reduced May 1 to $1.775M; reduced Jun 4 to $1.699M; sold for $1.727M;

3-Bedroom & Larger Properties

29 Active listings

1 New listing

3 Price changes

10 Multi-Family Active listings

18 Single-Family Active listings


  • 68 Jefferson St., B listed Jun 24 for $1.229M;

3 Sold

Posted by Nathan Turoff | Currently No Comments »

Copyright © 2008 Hoboken Real Estate News     Login     Sitemap