There were a total of 11 sales this week in Hoboken.
There was a small, but renovated studio that sold for a strong $647/sq.ft., but smaller units typically sell for way above average. I had been told that the finances for this building were horrible, so I wonder how the buyer was able to get financing.
There was a great 1BR that sold at Hudson Tea for $506/sq.ft. These are great 1BR units with a TON of closet space. These are true 1BR units, not the 735 sq.ft. studios.
A two bedroom + 2 den townhouse sold at Maxwell for a strong $651/sq.ft. These townhomes faces that city and are amazing on the inside.
Overall, it was a pretty good week for sales in Hoboken.
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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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, November 18, 2011
2BR Townhouse at Maxwell Place sells for $651/sq.ft. ($2,090,045)-Hoboken Sales Update-November 18, 2011
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