Walter Burns
2018 is shaping up to be a great year for Hudson County real estate. If you’ve been considering selling your Hoboken or Downtown Jersey City condo, you’re in luck!
Low inventory and increasingly high demand have created the perfect conditions for a seller’s market. In fact, it’s not uncommon for condos to sell above asking price in many situations.
However, the first step to selling fast and for top dollar in Hudson County is doing your research. It’s important to stay up to date on the market so you make the best possible decisions. We want to make it easy for you, which is why we send out a monthly market report on the current state of the Hudson County real estate market. Consider signing up for it to cut down on your research time!
In the meantime, here’s a quick recap: the average sales value for a Hoboken condo is $801,258 (a 5.85% increase over this time last year.) For Downtown Jersey City, the average sales value was $797,594 (a 9.39% increase over last year.)
Take a look at some of the top-selling condos in Hudson County and see how your property compares!
Top Condo Sales for January 2018
Hoboken: 1025 Maxwell Lane – Unit 1101, Maxwell Place; sold for $2,450,000 on 1/26/18. ($1,188/sq. ft.)
Spectacular views of NYC surround this corner unit with terrace. Approximately 2,062 sq. ft. open layout with 3 bedrooms/2.5 baths. Kitchen has custom cabinets, granite counters, stainless appliances. Spacious living room/dining area w gleaming h/w floors. Laundry room has extra storage space too.
77 Hudson in Downtown Jersey City, NJ
Downtown Jersey City: 77 Hudson – Unit 3506, 77 Hudson; sold for $1,825,000 on 1/29/18. ($1,171/sq. ft.)
Spectacular panorama views of NYC skyline and the Hudson River. This gorgeous home is larger than most three bedrooms in the building offering open living space, dining area, larger bedrooms, spa like master bath, plus home office/guest room. 77 Hudson’s glass curtain wall allows unobstructed views and extraordinary light with ultra sleek European kitchen and baths. Resort like amenities include fitness center, pool, jacuzzi, screening room, yoga/pilates room, steam, sauna, massage and more. Prime Exchange Place location offers quick commute to NYC w/PATH, ferry and Lightrail at your doorsteps.
Weehawken: 16 Regency Place, The Brownstones at Port Imperial; sold for $2,335,000 on 1/12/18. ($600/sq. ft.)
4,000 sq. ft. including 3 ensuite baths and 2 guest baths. Each floor is easily accessible via a grand staircase and personal elevator. Garage and parking to accommodate 2 additional cars in the driveway. 16 Regency Place is a proud member of the Brownstones at Port Imperial, a well-respected community of luxury homes with unparalleled views of the Manhattan skyline and Hudson River. Community has a pool, play area, and waterfront walkway for biking and jogging.
Union City: 300 Manhattan Ave – Unit 1; sold for $551,000 on 1/24/18. ($432/sq. ft.)
Quiet street bordering JCHeights with spectacular NYC views. Unique corner unit condo with a private entrance and large entryway gives the feeling of a suburban home. Bright open layout feels much larger than the 1274 sq footage. Perfect for entertaining with floor to ceiling windows & breathtaking NYC skyline view from your living / dining space. Impressive & bright with exquisite detailing throughout, beautiful crown molding, HWF, granite counters, stainless steel appliances and recessed lighting. Large master bedroom with walk in closet. Storage galore inside this home as well as ample storage in building.
West New York: 26 Avenue Port Imperial – Unit 410, Hudson Club; sold for $698,000 on 1/24/18. ($523/sq. ft.)
2 bedroom (+loft) penthouse at distinctive Hudson Club exceeds expectations. A gracious open-concept 1335-sq.ft. offers split bedroom layout and 20-ft ceilings. Soaring windows and southern exposure saturate w/natural light. Chef’s kitchen. MBR features Juliette balcony, large WIC and en suite full bath. Loft w/huge storage room. In- unit W/D. Deeded garage space. Maintenance includes phenomenal tech/amenity package (hi-speed internet, Optimum Family IO, outdoor pool, tennis courts, state-of-the-art fitness center, plus much more). Neighborhood essentials and NYC buses, Waterway Ferry, light rail are at your door.
North Bergen: 1206 5th Street – Unit D; sold for $395,000 on 1/10/18. ($213/sq. ft.)
Boutique condo building. Very convenient location for a quick commute to Manhattan! Modern design throughout. 3BR/2FBR, 1857 sq ft stylish unit featuring stainless steel appliances, quartz counters and an abundance of cabinet storage and counter space. The contemporary bathrooms feature marble tile and frameless glass shower doors. This home boasts hardwood floors, recessed lighting, central A/C, custom closets, washer/dryer.
Bulls Ferry townhomes in Guttenberg, NJ
Guttenberg: 70 Lydia Drive, Bull’s Ferry; sold for $855,000 on 1/25/18. ($398/sq. ft.)
3 bedroom, 2.5 bathroom Fulton model, with NYC views, is loaded with upgrades! Water views from a wall of windows withslider which opens to a 24ft balcony. Open vaulted ceilings. Fireplace with slate surround. Brand new coffee colored oak wood floors throughout. Custom painted. Crown moldings and California Closets in bedrooms. White cabinets, custom glass back splash, quartz counters, porcelain floors and stainless steel appliances in gourmet kitchen. Porcelanosa tiles, designer vanities/counter tops and upgraded fixtures in all bathrooms. Parking for two cars, one in private garage and one in driveway.
Bayonne: 13 Bayside Drive, The Boatworks; sold for $380,000 on 1/5/18. ($227/sq. ft.)
2 bedroom, 2.5 bathroom townhouse on three floors with luxurious upgrades throughout, including cherry wood hardwood floors, tiled kitchen and bathrooms, jacuzzi bath in master bedroom suite, central vacuum, garbage disposal, walk-in closets , surround sound system and intercom system throughout the home. This unit has fresh paint, new carpet and new flooring. Garage parking with additional parking in driveway.
Secaucus: 88 Osprey Court, Riverside Court; sold for $535,000 on 1/29/18. ($275/sq. ft.)
The ‘Gramercy Model’ features tons of natural light, 9 ft. ceilings in the living room and 12 ft ceilings in the master! You get all the features of a luxury home for the price of a townhome. With almost 2,000 sq. ft. of living space this unit features 2 bedrooms and 2 and a half bathrooms. Massive open floor plan with tons of entertaining space, maple flooring, and ground floor bonus room really adds to this beautiful freshly painted unit. One car garage with room for storage and additional parking in the driveway.
Edgewater: 25 Vella Way; sold for $1,240,000 on 1/30/18. ($270/sq. ft.)
Unique multi-story townhome with elevator has approximately 4,600 sq ft of living space. Beautiful Southern views of NYC and Northern views of the GW Bridge from spectacular glass enclosed solarium with full summer kitchen. This home has 4 bedrooms with 41/2 baths, commercial grade kitchen, gas fireplace, a fully finished basement, and a single car garage. The community has a community area and outdoor pool.
Data Source: Hudson County Multiple Listing Service.
How Does Your Home Compare?
If you think your condo compares to our top-selling homes for January 2018, now may be a great time to sell your Hudson County condo. The market is shifting towards sellers, so you’re likely to get a great return on your investment if you list now.
Take a look at our complimentary home-selling resources to get a better idea of how to sell your Hudson County investment.
Invest in Hudson County
There’s a reason so many homebuyers are flocking to Hudson County. This is a phenomenal place to live because of its fantastic amenities and close proximity to both New York City and Hoboken.
That’s why now’s a great time to invest in the Hudson County real estate market. Allow us to leverage our unique expertise to help you find the home, and the financial investment, that’s right for you.
Work With a Team of Experts
More than anything, my team and I want to see our clients succeed. It’s why we provide so many free home-buying resources and send out a complimentary market report every month. We believe that knowledge is power, especially in a field like real estate.
Interested in moving to the area? Take a look at our easy-to-use home search tool and feel free to use it to find properties you like in the area. If you ever have any questions, please don’t hesitate to contact us.