Friday, July 16, 2010

Prices Slip This Week for 1 BR and 2BR in Hoboken-July 16, 2010

We had a bit of a slide on 1BR condos this week-average of $429/sq. ft. We had a few abnormally low per square foot sales, including a $416/sq.ft. sale at 1200 Grand which is about $70/sq.ft. from where it should be.

2 Bedroms showed a bit of softness this week as well, with several units selling below $400/sq.ft. The list includes units at 80 Park, 700 1st St., 75 Jefferson, 319 Monroe, 800 Jackson and 109 Harrison.

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Information provided by:

Kevin Dowd
Broker Salesperson
Prudential Castle Point Realty
203 Washington Street
Hoboken, NJ 07030
Cell: 201-606-5957

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