Weehawken Condo Market Update November 2009

Brownstones at Port Imperial

Brownstones at Port Imperial

Below is the Weehawken real estate market update for condominium sales for November 2009. All information is gathered from the Hudson County Multiple Listing Service.

Active Weehawken Condos

  • There are 60 Active Weehawken condos for sale with an average listing price of $728,337. Average days on the market: 117 Days

Since October 21st (when this report was last published), 11 new Weehawken condos came on the market for sale with an average listing price of $661,109.

  • Active Weehawken Studio Condos: There are currently no studio condos for sale in Weehawken.
  • Active Weehawken 1 Bedroom Condos: 11 condos for sale with an average listing price of $393,390. 116 days on the market.
  • Active Weehawken 2 Bedroom Condos: 33 condos for sale with an average listing price of $604,368. 128 days on the market.
  • Active Weehawken 3+ Bedroom Condos: 16 condos for sale with an average listing price of $1,214,299. 94 days on the market.

Pending Weehawken Condos

  • There are 12 Weehawken condos under contract waiting to close with an average listing price of $606,583.  Average days on the market: 193 Days. Final sales prices of these units will not be published until they close.
  • Pending Weehawken Studio Condos: There are currently no studio condos under contract in Weehawken.
  • Pending Weehawken 1 Bedroom Condos: 4 condos under contract an average listing price of $400,500. 155 days on the market.
  • Pending Weehawken 2 Bedroom Condos: 5 condos under contract with an average listing price of $376,200. 281 days on the market.
  • Pending Weehawken 3+ Bedroom Condos: 3 condos under contract with an average listing price of $1,265,333. 99 days on the market.

Sold Weehawken Condos Since 10/21/09

  • 4 Weehawken condos sold since 10/21/09 with average listing price of $273,725. The average sales price of these sold Weehawken condos were $252,125. Average days on the market: 255 Days. The sales were:
  1. 35-39 51st St. 2 bedrooms, 1 bath, 839 sq.ft. listed for $230,000. Sold for $197,500. 184 days on the market.
  2. 137 Oak St. 3 bedrooms, 1 bath, 1313 sq.ft. listed for $220,000. Sold for $220,000. 99 days on the market.
  3. 106 Maple St. 2 bedrooms, 1 bath, 685 sq.ft. listed for $289,000. Sold for $255,000. 476 days on the market.
  4. 518 Gregory Ave. A426 (Gregory Commons) 2 bedrooms, 1 bath, 1117 sq.ft. listed for $355,900. Sold for $336,000. 262 days on the market.

Expired Weehawken Condos

  • These are Weehawken condos which were on the market for sale and did not sell during the term of the listing agreement. 3 expired Weehawken condos came off of the market in the past 30 days with an average listing price of $825,666. Days on the market: 304 Days

Weehawken Condo Market Update

  • Gregory Commons: 18 available condos, 1 condo under contract, 1 unit sold since 10/21/09.
  • The Brownstones at Port Imperial: 4 available condos, 2 condo under contract, 0 units sold since 10/21/09.
  • Henley on Hudson: 10 available condos, 0 units under contract, 0 condo sold since 10/21/09.
  • Riva Pointe: 14 available condos, 3 unit under contract, 0 condos sold since 10/21/09.

****Please note: The inside sales office at Henley on Hudson does not list & report all of their sales through the Hudson County MLS.

If you have any questions about this Weehawken condo market update, please feel free to contact me, Walter Burns.

To see how this month’s report compares to September, please visit the October 2009 Weehawken Condo Market Update.

For Weehawken real estate news and information, join my Weehawken Real Estate Blog

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