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:

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

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