We finished the last week of the year with 17 sales. A strong finish for the end of the year.
One bedroom condos averaged a decent $471/sq.ft. with a nice 1BR condo at 1100 Adams selling for a strong $521/sq.ft. I really like the one bedroom layout at all of The Upper Grand buildings.
Two bedroom sales dipped to $427/sq.ft. and were pulled down by a low sale at 416 Monroe for $303/sq.ft. and a $373/sq.ft. sale at 81 Grand of $370/sq.ft. The listing at 81 Grand was a fifth floor walkup which is why it sold so low.
There was a 3BR sale at 422 Madison that sold for a very low $300/sq.ft., but I haven't heard great things about the building.
There were 2 one family sales and 1 one family sale this week. It's nice to see activity on the upper range of the market.
There was also a sale of an investment 3 family on 8th Street. $760,000 was a great price for this property.
Please click on the link below if you can't see the spreadsheet:
Prudential Castle Point Realty
203 Washington Street
Hoboken, NJ 07030
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