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.
Friday, May 6, 2011
Solid Week-Downtown Jersey City Sales Update-May 6, 2011
We had 8 sales in downtown Jersey City this week.
Strangely, we had no 1BR sales this week.
There was a single 2BR sale in the Newport area at Crystal Point for $632/sq.ft. this unit was sold $158,000 less than asking and it still sold for $632.sq.ft.
We had four 2BR sales in the downtown area this week with an average sale price of $443/sq.ft.
There was one 3BR sale at 159 2nd Street (Waldo Lofts) for a lowish $414/sq.ft.
Please click on the link below if you can't see the chart:
Information provided by:
Prudential Castle Point Realty
203 Washington Street
Hoboken, NJ 07030
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