2011 Jan 26th

The Weekly Wednesday Wrap Up – Hoboken Condo Sales & Activity for the Week of January 26th

Hoboken Condos Sales & Activity – Week of January 26th, 2011

Want FREE COMPS for your tax appeal?

We appreciate your reading Hoboken Real Estate News. I would be happy to give you comparables for your Hoboken property FOR FREE. I can’t even imagine charging for so small a task, yet some agents do. This is one small way of our saying “thanks”.

Hoboken Condo Inventory Levels Hold Steady

Despite the anticipated flood of new listings at the start of the new year, the past few weeks have shown little change in number of units on the market. That’s good news. The snow just keeps piling up, making it difficult for buyers to go out looking at properties. Hey, that is why we have the internet! Speaking of which –

Trulia Sucks!mobile app

Excuse my language but it’s true. Their data feed is outdated and their technical abilities pathetic. Designed for single family houses in the ‘burbs, evidently they can’t discern which unit in a multi-unit condo building is which. They combine new listings with old, get the days on market wrong, mix up agents and agencies and always have properties listed as active which have long been under contract. It takes them 48 hours to let me change a photo or property status. Really? 48 hours in today’s tech world? That is eons.

It makes it very frustrating for buyers when they bring me a listing they found on Trulia only to learn the property is no longer for sale or the price is wrong. Similarly, my sellers don’t appreciate when their brand new listing shows up as 245 days on the market. So what should you do?

While the user interface may not be as pretty, realtor.com is the site affiliated with the National Association of Realtors. The data is good – it comes straight from the MLS. It’s updated every 15 minutes. It’s accurate. Moreover, they have a mobile app that is fantastic. So if you want to look on your own, use realtor.com. I’m not a big fan of the NAR making big profits off its own members (which is exactly what realtor.com is all about) but for you, the consumer, it’s the best site out there.

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:

4 new listing

1 Dabo

3 Sold

7 price reductions

134 Total Active 1BRs

Two Bedroom Hoboken Condos:

18 new listings

4 Dabos

8 sold

7 price reductions

189 Total Active 2BRs

Three Bedroom and Larger Hoboken Condos:

1new listing

2 Dabos

None sold.

1 price reduction

37 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 14 Comments »

2011 Jan 19th

The Weekly Wednesday Wrap Up – Hoboken Condo Sales & Activity for the Week of January 19th

Hoboken Condos Sales & Activity – Week of January 19th, 2011

Tax Appeal Time in HobokenHoboken Tax Appeal

This is the season for tax appeals. Some owners do them on their own. Some hire an attorney to handle it for them. It’s not very difficult to do but it can take some time. If you are going to do it on your own, you need to pull comparable sales from the past three months. I would be happy to give you 3 comparables for your Hoboken property FOR FREE. We appreciate your reading Hoboken Real Estate News. This is our small way of saying “thanks”.

You can get very good instructions on how to do an appeal on your own at:

Tax Appeals Hudson County – FAQs

There is a site that is called EasyTaxFix.com. They guide you through the process step-by-step.

There are many lawyers in town who do appeals and several of them send out postcards advertising their services this time of year.

Where’s Waldo? More Like Where’s Al?

On another subject, someone asked me to write about Al Arezzo, otherwise known as “Teflon Al” and the Hoboken construction office. Here is an article from the City of Hoboken’s website explaining what is going on. A local blog carried the story and mentioned rumors about indictments but does point out that they are just rumors. I heard from a reliable source that when told he had to participate in sexual harassment prevention classes he refused to attend the class at the specific time it was scheduled, saying it conflicted with his work schedule.

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:

13 new listing

1 Dabo

4 Sold

7 price reductions

131 Total Active 1BRs

Two Bedroom Hoboken Condos:

16 new listings

7 Dabos

4 sold

9 price reductions

182 Total Active 2BRs

Three Bedroom and Larger Hoboken Condos:

5 new listing

1 Dabo

1 Sold

1 price reduction

39 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 13 Comments »

2010 Jun 21st

It’s the Summer Solstice – Let’s Shine Some Light on Hoboken Tax Appeals

Did you File a Tax Appeal in Hoboken?

Summer Solstice

Summer Solstice

There is hardly a new listing out there that doesn’t say “taxes under appeal” these days.  Since the big tax increase of last year, filing a tax appeal has become quite common.  In fact, in Jersey City, the successful appeals have in and of themselves caused some fiscal problems for the city.  So here is my question – have you filed a tax appeal?  I’m very curious to know how successful people have been in the tax appeal process.  Does it pay to accept the offered settlement or is it worth it to go before the tax board.  What is the typical tax reduction?  Is it worth it to use a lawyer or is it better to do it yourself?  Let’s get this info out there for all of us to use and learn from.  If you filed a tax appeal, please  fill out the form below (you don’t need to give your name or address) and I’ll compile and post the results:

Posted by Lori Turoff | Currently Comments Off on It’s the Summer Solstice – Let’s Shine Some Light on Hoboken Tax Appeals

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