2011 Jun 1st

The Weekly Thursday Wrap Up – Downtown JC Condo Sales & Activity for the Week of June 2nd

Downtown Jersey City Condos Sales & Activity – Week of June 2nd, 2011

HobokenRealEstateNews recognizes that our readership extends beyond our fair city’s one mile boundries. Hoboken buyers are often interested in what their money will buy in the downtown Jersey City market, just as Jersey City sellers often wish to reach out to affluent Hoboken buyers (and vice versa.) As such, we now publish the Jersey City Weekly Thursday Wrap-Up (WTWU) and we’ve expanded our popular Hoboken Open House Google Map to include downtown JC as well.

Here is this week’s condo sales report:


Disclaimer: The data relating to real estate transactions on this web site comes in part from the Hudson County MLS. While some of these listings are, in fact, our listings they are not ALL our listings nor do we hold them out as such. Century 21 Listings are identified with “C21” after the address. Other listings are from the MLS and are identified with “MLS” after the address. Information is deemed reliable but not guaranteed.

Studio & 1 Bedroom Downtown Jersey City Condos:

10 new listings

3 DABOs

1 Sold

9 price reductions

123 Total Active 1BRs

Two Bedroom Downtown Jersey City Condos:

3 new listings

7 DABOs

1 sold

7 Price Reductions

135 Total Active 2BRs

Three Bedroom and Larger Downtown Jersey City Condos:

1 new listing

1 DABO

No Sales

1 price reduction

27 Total Active 3BRs

Hoboken and Downtown Jersey City Condo Open Houses

If you are in the market for a Hoboken or Downtown Jersey City condo, our Hoboken Open House Google Map is your best source for locating every open house. It is the single, most complete listing available and we were the first ones to do it. We compile the information by hand from all possible sources to provide you with all the information you need in one spot. It’s posted on Friday every week.

Want to Receive New Listings & Price Reductions Daily?

If you would like to be emailed the new listings and price reductions each weekday in either 1br, 2br or 3br categories (Hoboken only) just email us at [email protected] letting us know which size(s) you would like and we’ll add you to the daily email list.

For more information you can always contact us at 201 993 9500.

Thanks for reading and, as always, we welcome your comments!

Posted by Lori Turoff | Currently Comments Off on The Weekly Thursday Wrap Up – Downtown JC Condo Sales & Activity for the Week of June 2nd

2011 Apr 28th

The Weekly Thursday Wrap Up – Downtown JC Condo Sales & Activity for the Week of April 28th

Downtown Jersey City Condos Sales & Activity – Week of April 28th, 2011

HobokenRealEstateNews recognizes that our readership extends beyond our fair city’s one mile boundries. Hoboken buyers are often interested in what their money will buy in the downtown Jersey City market, just as Jersey City sellers often wish to reach out to affluent Hoboken buyers (and vice versa.) As such, we now publish the Jersey City Weekly Thursday Wrap-Up (WTWU) and we’ve expanded our popular Hoboken Open House Google Map to include downtown JC as well.

Here is this week’s condo sales report:

Disclaimer: The data relating to real estate transactions on this web site comes in part from the Hudson County MLS. While some of these listings are, in fact, our listings they are not ALL our listings nor do we hold them out as such. Century 21 Listings are identified with “C21” after the address. Other listings are from the MLS and are identified with “MLS” after the address. Information is deemed reliable but not guaranteed.

Studio & 1 Bedroom Downtown Jersey City Condos:

9 new listings

3 DABOs

2 Sold

6 price reductions

124 Total Active 1BRs

Two Bedroom Downtown Jersey City Condos:

5 new listings

1 DABO

None sold

5 Price Reductions

151 Total Active 2BRs

Three Bedroom and Larger Downtown Jersey City Condos:

1 new listings

No DABOs

1 Sold

3 price reductions

25 Total Active 3BRs

Hoboken and Downtown Jersey City Condo Open Houses

If you are in the market for a Hoboken or Downtown Jersey City condo, our Hoboken Open House Google Map is your best source for locating every open house. It is the single, most complete listing available and we were the first ones to do it. We compile the information by hand from all possible sources to provide you with all the information you need in one spot. It’s posted on Friday every week.

Want to Receive New Listings & Price Reductions Daily?

If you would like to be emailed the new listings and price reductions each weekday in either 1br, 2br or 3br categories (Hoboken only) just email us at [email protected] letting us know which size(s) you would like and we’ll add you to the daily email list.

For more information you can always contact us at 201 993 9500.

Thanks for reading and, as always, we welcome your comments!

Posted by Lori Turoff | Currently Comments Off on The Weekly Thursday Wrap Up – Downtown JC Condo Sales & Activity for the Week of April 28th

2011 Apr 6th

The Weekly Wednesday Wrap Up – Hoboken Condo Sales & Activity for the Week of April 6th

Hoboken Condos Sales & Activity – Week of April 6th, 2011strollers

Last weekend I was out with buyers all day Saturday and Sunday.  I came home and said to my husband “there is a lot of crap out there”.  In the old days, during the bubble, even the crap would sell.  Today it sits.  The price gets reduced again and again and, eventually, it either sells, gets rented, or expires.  This is what buyers read in the media and hear through the grapevine.

What they don’t hear so much is that the really nice properties (and they are not so common) end up with multiple offers.  Still.  They may not always be over asking but often go for at or pretty near asking.  The cream of the crop sells quickly and there have often been offers within the first week of listing.  I’ve had several of my buyers be outbid in the past month.  A few were looking for large units (over 1200 sq. ft).  All wanted the usual – parking, w/d, elevator, decent location, 2 or 3 bedrooms.   Others were looking for the standard 2br 2bath with parking and an elevator, a balcony and gym and not on Jackson.  Guess what – there are not enough of these units to meet the buyers demand.  It is sometimes hard for a buyer to believe this to be the case.  After they lose out on a few prime units, they start to understand.  Inventory, in the meantime, keeps shrinking.

Think about this – there are only 34 three bedroom condos on the MLS for sale in all of Hoboken.  I see about 34 moms with double strollers on Washington Street just on my way to the office in the morning.  Demand is out pacing supply in certain market segments.

Here is this week’s condo sales report:

Disclaimer: The data relating to real estate transactions on this web site comes in part from the Hudson County MLS. While some of these listings are, in fact, our listings they are not ALL our listings nor do we hold them out as such. Century 21 Listings are identified with “C21” after the address. Other listings are from the MLS and are identified with “MLS” after the address. Information is deemed reliable but not guaranteed.

Studio & 1 Bedroom Hoboken Condos:

11 new listing

4 Dabos

4 Sold

9 price reductions

139 Total Active 1BRs

Two Bedroom Hoboken Condos:

17 new listings

6 Dabos

15 sold

10 price reductions

191 Total Active 2BRs

Three Bedroom and Larger Hoboken Condos:

3 new listings

2 Dabos

3 Sold

1 price reduction

34 Total Active 3BRs

Hoboken Condo Open Houses

If you are in the market for a Hoboken condo, our Hoboken Open House Google Map is your best source for locating every open house in Hoboken. It is the single, most complete listing available and we were the first ones to do it. We compile the information by hand from all possible sources to provide you with all the information you need in one spot. It’s posted on Friday every week.

Want to Receive New Listings & Price Reductions Daily?

If you would like to be emailed the new listings and price reductions each weekday in either 1br, 2br or 3br categories just email us at [email protected] letting us know which size(s) you would like and we’ll add you to the daily email list.

For more information you can always contact us at 201 993 9500.

Thanks for reading and, as always, we welcome your comments!

Posted by Lori Turoff | Currently 7 Comments »

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