Providing The Latest and Most Up-to-Date Real Estate News for Hoboken and downtown 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, downtown Jersey City and the surrounding areas by providing up-to-date real estate sales statistics. Area-specific commentary is also provided that will provide you with a fresh perspective on the local real estate market.
Monday, November 29, 2010
Hoboken Sales Update-November 26, 2010
The price per sq. ft. of 1BR was brought down slightly this week by a rehab 1BR sales at 1212 Washington for $275/sq.ft. It is need a gut renovation, but was a great buy for someone willing to put the time and money into it.
2BR sales in Hoboken this week were brought up by a strong sale at 1500 Hudson (Hudson Tea) at $636/sq.ft. I did some research and the buyer paid $709/sq.ft. just a year ago...OUCH!
There was an interesting sale at 7th and Washington this week. It was actually a single family home being used as a convent. I'm curious to see what they're going to do with it.
Please click on the link below if you can't see the spreadsheet:
Information provided by:
Prudential Castle Point Realty
203 Washington Street
Hoboken, NJ 07030
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