Hello Readers.....
I just wanted to share a few recent Hoboken sales with you:
2BR/2BA with parking in elevator building with parking, 3rd and Willow, 1211 sq. ft.
Asking: 629,900 SOLD: $610,000 Days on the market: 95
2 Family on 11th Street, I've seen it and it needed some work, 19 x 49 lot
Asking: $699,000 SOLD: $600,000 Days on the market: 69
2BR/2BA in elevator building with parking, 2nd and Grand, 1295 sq. ft.
Asking: 629,900 SOLD: $600,000 Days on the market: 67
2BR/2BA in walkup, 3rd floor with parking, 1247 sq. ft.
Asking: $499,000 SOLD: $400,000 Days on the market: 92
1BR/1BA in walkup, 1st floor, no parking, 1000 sq. ft.
Asking: $379,000 SOLD: $407,000 (winning bid was one of 5 bid)
Properties are definitely selling, if they're priced well. A good, well priced property is selling for about 3-4% below asking and those that need work will easily be 10% below asking.
Providing The Latest and Most Up-to-Date Real Estate News for Hoboken and Jersey City
My name is Kevin Dowd and welcome to my real estate blog.
This blog is meant to educate local buyers and sellers in Hoboken, Jersey City and the surrounding areas by providing weekly sales statistics such as average price per square foot for sold condos, pending weekly sales (DABOs) and absorption rate updates (which measures the current unsold inventory). Area-specific commentary is also provided that will provide you with a fresh perspective on the local real estate market.

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