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, November 4, 2011
Prices Change in Hoboken-Hoboken Sales Update-November 4, 2011
There were a total of 10 sales in Hoboken this week.
There was one 1 bedroom sale this week at a very strong $529/sq.ft.
On the 2 bedroom front, there were 8 sales this week. There were two sales at The Constution that sold for $425/sq.ft. and $435/sq. ft. Several years ago, these properties were selling in the $800+/sq.ft. range.
The most recent sale at 82 Clinton sold for $470/sq.ft. These units were selling in the $560/sq.ft. range about four years ago.
There was also a great 2 family sale on 11th & Park for $892,500. The property needed some updating, but was still a great deal.
How times have changed.
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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