Friday, November 18, 2011

2BR Townhouse at Maxwell Place sells for $651/sq.ft. ($2,090,045)-Hoboken Sales Update-November 18, 2011

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:

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

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