In February 2010, there were 3 Hoboken condo sales north of $1 million. Below are the top 3 Hoboken condo sales for February 2010. Information is gathered from the Hudson County Multiple Listing Service.

Top 3 Hoboken Condo Sales February 2010

Garden Street Lofts

1. 1425 Garden St. Unit 6C – Garden Street Lofts. This is Hoboken’s only LEED Gold Certified “Green” condo building developed by Bijou Properties. This 2 bedroom, 2.5 bath, 2019 sq.ft condo featured New York City views, a 400 sq.ft. terrace & sold for $1,225,000 on February 12th. Read the rest of this entry

Local headlines you may have missed regarding Hoboken real estate news & information…plus how square footage is measured & Rush Limbaugh lists his NYC Penthouse.

• 30 year Fixed mortgages in the high 4%. [Zillow]
• The Inexact Science of Square Footage [Inman]
• The Renter Roadblock [NY Times]
• Rush Limbaugh lists NYC Penthouse [Gawker]

Local headlines you may have missed regarding Hoboken real estate news & information…plus existing home sales down in January & “90210″ star heading into foreclosure.

• 77 Hudson in Jersey City welcomes gourmet market [NJ.com]
• Maxwell Place Buyer featured in “The Hunt” [NY Times]
• Existing home sales down in January, higher than a year ago [NAR]
• Waterfront walkway collapses near Hudson Tea Building [NJ.com]
• Former “90210″ star heads towards foreclosure [Zillow]

Below is the Jersey real estate market update for condominium sales for January 2010 in Downtown Jersey City. All information is gathered from the Hudson County Multiple Listing Service.

Active Downtown Jersey City Condos

• There are 350 Active Jersey City condos for sale with an average listing price of $503,489 Average days on the market: 92 Days

Since January 1st, 138 new Jersey City condos came on the market for sale with an average listing price of $476,567.

• Active Downtown Jersey City Studio Condos: 17 condos for sale with an average listing price of $331,952. 98 days on the market.
• Active Downtown Jersey City 1 Bedroom Condos: 148 condos for sale with an average listing price of $378,652. 89 days on the market.
• Active Downtown Jersey City 2 Bedroom Condos: 154 condos for sale with an average listing price of $551,796. 91 days on the market.
• Active Downtown Jersey City 3+ Bedroom Condos: 31 condos for sale with an average listing price of $953,577. 104 days on the market. Read the rest of this entry

Local headlines you may have missed regarding Hoboken real estate news & information…plus Weehawken is top place to live & U2’s The Edge faces development challenges.

• Mortgage Rates down to lowest level of the year [Zillow]
• Weehawken voted top place to live in Hudson County [NJ.com]
• U2 Guitarist “The Edge” faces challenges building in Malibu [NY Times]
• Former NY Yankee Bobby Abreu sells NYC Apartment [Curbed]
• Interview with Robert Toll of Toll Brothers [NY Times]

Below is the Hoboken real estate market update for condominium sales for January 2010. All information is gathered from the Hudson County Multiple Listing Service.

Active Hoboken Condos

• There are 505 Active Hoboken condos for sale with an average listing price of $533,102. Average days on the market: 94 Days

Since January 1st, 221 new Hoboken condos came on the market for sale with an average listing price of $509,846.

• Active Hoboken Studio Condos: 24 condos for sale with an average listing price of $351,072. 111 days on the market.
• Active Hoboken 1 Bedroom Condos: 184 condos for sale with an average listing price of $382,054. 74 days on the market.
• Active Hoboken 2 Bedroom Condos: 245 condos for sale with an average listing price of $571,660. 99 days on the market.
• Active Hoboken 3+ Bedroom Condos: 52 condos for sale with an average listing price of $969,927. 132 days on the market. Read the rest of this entry

Local headlines you may have missed regarding Hoboken real estate news & information…plus mortgage rates decline and the homes of Oscar winners.

• Mortgage Rates Decline [Zillow]
• Fourth Quarter Existing Home Sales Surge [NAR]
• Hoboken Zoning Board Claims Victory [NJ.com]
• Academy Award Winners & Their Homes [Zillow]
• Designing Buildings That Create Community [NY Times]

In this video I discuss a few documents you are going to need in order to file your income taxes to receive the $8,000 first time home buyer’s tax credit if you purchased Hudson County real estate in 2009.

Additional information regarding IRS Form 5405 and other FAQ’s about the first time home buyer’s tax credit can be found on the IRS website.

If you have any specific tax related questions, I recommend speaking with a tax professional.

If you have any real estate related questions, feel free to contact me, Walter Burns.

Keep up with Hudson County real estate news & information on Facebook.

Local headlines you may have missed regarding Hoboken real estate news & information…plus Jon Corzine’s condo at Maxwell Place & Wall Street Bonus season.

• Pending home sales stabilize [NAR]
• The Hunt – Hoboken [NY Times]
• A look inside former NJ Gov. Corzine’s Maxwell Place condo [NJ.com]
• “Jersey Shore” house renting for $3,500 per night [TMZ]
• Mortgage rates hold steady [Zillow]
• The Wall Street Bonus Bounce [NY Times]

Local headlines you may have missed regarding Hoboken real estate news & information…plus Henley on Hudson in Weehawken builds next phase & CNN’s Anderson Cooper may be purchaser of NYC Firehouse.

• Hotel Review: The W Hotel in Hoboken [NY Times]
• Garden Street Lofts Become LEED Gold Certified [NJ.com]
• Builders Reassess the Market-Henley on Hudson [NY Times]
• December existing home sales down, but prices rise. [NAR]
• Anderson Cooper New Owner of NYC Firehouse? [Zillow]