Comments on: Auction Results for 1300 Park Avenue Condos in Hoboken

By: Walter Burns

Walter Burns — Sun, 11 Oct 2009 21:36:26 +0000

Since this is a condo-conversion, the taxes will be assessed by the City of Hoboken based upon the final sales prices. The City of Hoboken Tax Assessor’s Office can give you an accurate estimate of the what the taxes should be. They can be reached at 201-420-2024. The maintenance fees were not disclosed, but from other similar buildings I would estimate them to be from $200 to $300 per month.

By: Warren

Warren — Thu, 08 Oct 2009 05:45:57 +0000

Do you know how much taxes and maintenance are for 1300 Park Ave. condo? thanks

By: Living on the Hudson» Auction Update 1300 Park Avenue Hoboken

Living on the Hudson» Auction Update 1300 Park Avenue Hoboken — Thu, 24 Sep 2009 02:40:29 +0000

[...] the 2 & 3 bedroom Hoboken condos at 1300 Park Avenue on August 5, 2009. When I reported on the auction results for 1300 Park Avenue, all of the units had been bid on and had winning bids the evening of the auction. It appears that [...]

By: walterburns

walterburns — Tue, 01 Sep 2009 12:09:03 +0000

1st and Jackson is a different location than the auctioned properties. To give you a better idea of the immediate market value around 5th and Jackson, a 2 bed/2 bath, 1247 sq.ft. with parking sold in late June at 518 Monroe St. (1 Block east of Jackson) for $490,000. Also a 2 bed/2 bath, 1296 sq.ft. condo with parking sold in July at 510 Monroe St. (1 block east of the auctioned condos) for $498,000. These condos were selling north of $350 per sq.ft.

You may be able to find pics and floor plans on the auction company’s website, http://www.sheldongood.com

By: walterburns

walterburns — Tue, 01 Sep 2009 11:40:10 +0000

No other auctions have been announced yet for the Hoboken area, however when they are announced, I will let you know.

By: Rick

Rick — Tue, 01 Sep 2009 04:05:42 +0000

Also do you know of any other auctions like this in the near future? Thank you.

By: Rick

Rick — Tue, 01 Sep 2009 04:03:20 +0000

I am looking at a 2br/2ba with a parking spot around 6th st and Jackson in that same area? Should I be looking to bid about $350 sq ft in that area? More or less? I would think the 1st and Jackson is a better location than 6th. What are your thoughts?

Do you know where you can find photos or a floor plan for 517 Jackson?

By: walterburns

walterburns — Sun, 30 Aug 2009 21:48:10 +0000

There is a condo building located next to 1300 Park at 1302 Park Avenue. A 2 bedroom, 1 bath, 800 sq.ft. renovated condo recently sold for $381,500. There is also a 2 bedroom, 1 bath, 811 sq.ft. unit for sale at 1302 Park asking $415,000. It has been on the market 17 days.

Regarding the Jackson St. units, a 2 bedroom, 2 bath, 1075 sq.ft. condo with parking recently sold at 109 Jackson St. for $435,000. Another 2 bedroom, 2 bath with parking in the same building sold for $450,000.

By: Joe

Joe — Sun, 30 Aug 2009 13:12:34 +0000

How do the auction prices compare to current market prices ?

By: walterburns

walterburns — Fri, 07 Aug 2009 12:06:28 +0000

The buyers paid $15,000 for a deeded parking space which they can use for as long as they wish. They own the parking space. If they choose to sell their condo in the future, they can sell the parking space as well.