The November 27 Thanksgiving Weekly Wednesday Wrap Up of Hoboken Condo Sales
Categories: Hoboken Condos
Week ending Nov 27th, 2019
- 237 active Hoboken listings
- 193 Condo & Co-op listings
- 24 Single-family and Multi-family
This Week’s Residential Property Sales & Activity:
- 20 Pending (Deposit Accepted By Owner and Under Contract)
- 20 sold
- 11 New
- 18 Price changes
Studio & 1-Bedroom Properties
7 Pending.
- 217 Bloom 101, listed 11/18 for $225k.
- 229 Willow 4R, listed 10/30 for $355k.
- 412 Monroe #2, listed 9/16 for $449k.
- 512 Jeff 3R, listed 9/11 for $485k.
- 117 Bloom 4A, listed 10/22 for $515k.
- 1500 Hudson 10S, listed 11/15 for $565k.
- 1450 Wash 615, listed 9/30 for $659k.
4 Sold
- 235 Monroe #8, listed 6/19 for $280k, sold for $270k.
- 512 1st #4, listed 10/2 for $379k, sold for $385k.
- 300 Newark 1A, listed 10/11 for $530k, sold for $539k.
- 1001 Clinton 2B, listed 9/9 for $539k, sold for $541k.
2-Bedroom Properties
8 Pending
- 601 Monroe 3D, listed 11/5 for $449k.
- 108 14th 2W, listed 10/30 for $470k.
- 300 Park #7, listed 11/20 for $600k.
- 816 Park #1, listed 11/6 for $650k.
- 156 7th #B, listd 11/11 for $692k.
- 108 Monroe 5B, listed 11/6 for $735k.
- 800 Jackson 708, listed 10/28 for $800k.
- 1200 Grand 629, listed 11/5 for $850k.
12 sold
- 400 Madison #5, listed 9/3 for $425k, sold for $415k.
- 508 Grand 4R, listed 9/24 for $509k, sold for $500k.
- 1110 Park 4R, listed 9/30 for $575k, sold for $550k.
- 1012 Park #6, listed 9/6 for $620k, sold for $600k.
- 66 Monroe #6, listed 10/2 for $629k, sold for $625k.
- 830 Monroe 6B, listed 8/7for $675k, sold for $663k.
- 500 Hudson 5B, listed 9/5 for $679k, sold for $637.5k.
- 333 Garden #B, listed 8/22 for $749k, sold for $765k.
- 1300 Grand 601, listed 5/16 for $759k, sold for $730k.
- 1100 Clinton 304, listed 9/24 for $769k, sold for $775k.
- 712 Grand #4, listed 9/13 for $979k, sold for $900k.
- 1400 Hudson 1208, listed 7/24 for $1.275mil, sold for $1.24mil.
3-Bedroom & larger Properties
5 Pending.
- 462 Newark #3, listed 11/13 for $900k.
- 70 Monroe #3, listed 10/15 for $1.1mil.
- 827 Bloom 201, listed 10/10 for $1.22mil.
- 115 Grand 305, listed 11/1 for $1.45mil.
- 128 Harrison 203, listed 9/13 for $1.5mil.
4 Sold
- 626 Grand #3, lsted 8/9 for $850k, sold for $850k.
- 100 Paterson 2B, listed 8/12 for $1.325mil, sold for $1.3mil.
- 600 Newark 600, listed 9/30 for $1.623mil, sold for $1.587mil.
- 304 Garden #1, listed 5/31 for $1.9mil, sold for $1.84mil.
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.
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That’s OK Boomer, I’ll Just Rent
Categories: Hoboken Condos
It’s no secret that young people don’t want to own things. Uber, streaming, even rental furniture and clothing are all popular now. When a young person needs 10% of the purchase price of a home for a down payment, and has vast outstanding student loan debt, it become very hard to buy that starter home. I’m certainly seeing fewer first time condo buyers in Hoboken. There was recently an article on BrickUnderground.com about NYC renters who intend to rent forever. It’s really a shame as buying a home is one of the fastest and easiest ways to accumulate wealth. Good times or bad, people tend to make their mortgage payment while they may not be so diligent about savings. Over time, property appreciates and wealth accumulates. Yet many young people simply can’t buy a home because they have no or little saving. Others don’t want to buy a home as they don’t see any advantage to owning over renting. Personally, I would never live in a rental after having owned my own home. But to each his own.
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Housing Discrimination? In Hudson County?
Categories: Hoboken Condos
This is very eye-opening and relevant to the changing population of Hudson County. (Sorry- can’t figure out how to post the article/video except at a link back to Newsday, where it was initially published.)
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