Friday, January 6, 2012

First Week of January Starts Slow-Hoboken Sales Update-January 6, 2012

Fairly slow week this week as most people rushed to close before the end of the year.

No real standouts this week.

There was a 1BR at 422 Madison that sold for a low $361/sq.ft.  It was an older building that was converted to condos.  I've heard that it was bare bones conversion, which is why the prices have been so low.

On the 2BR market, there was a unit at 700 Bloomfield that sold for a strong $526/sq.ft.

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

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

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