Friday, July 15, 2011

Hoboken Sales Update-July 15, 2011

There were a total of 14 sales this week in Hoboken.

I'm going to start backwards and comment on the 3BR sale on 4th and Hudson for $673/sq.ft. It looks like an amazing property and was deserving of its sales price.

There were a total of 9 2BR sales this week with an average sales price of $463/sq.ft. There was a 2BR sale at 700 1st (Sky Club) that closed for a very low $376/sq.ft. and it wasn't a short sale. Great buy.

1015 Grand sold for $509/sq. ft. which is strange because it doesn't have a lot of living space, but has a large terrace. It goes to show what some people will pay for outdoor space.

There was just a single 1BR sale at Maxwell Place for $612/sq.ft.

Please click on the link below if you can't see the spreadsheet:

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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