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

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

Active Hoboken Condos

• There are 421 Active Hoboken condos for sale with an average listing price of $543,783. Average days on the market: 107 Days

Since December 1st, 85 new Hoboken condos came on the market for sale with an average listing price of $471,031.

• Active Hoboken Studio Condos: 19 condos for sale with an average listing price of $352,510. 114 days on the market.
• Active Hoboken 1 Bedroom Condos: 130 condos for sale with an average listing price of $376,614. 85 days on the market.
• Active Hoboken 2 Bedroom Condos: 223 condos for sale with an average listing price of $571,032. 112 days on the market.
• Active Hoboken 3+ Bedroom Condos: 49 condos for sale with an average listing price of $937,452. 139 days on the market. Read the rest of this entry

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

Active Hoboken Condos

• There are 471 Active Hoboken condos for sale with an average listing price of $563,968. Average days on the market: 98 Days

Since November 1st, 72 new Hoboken condos came on the market for sale with an average listing price of $515,267.

• Active Hoboken Studio Condos: 18 condos for sale with an average listing price of $358,482. 99 days on the market.
• Active Hoboken 1 Bedroom Condos: 138 condos for sale with an average listing price of $380,282. 84 days on the market.
• Active Hoboken 2 Bedroom Condos: 284 condos for sale with an average listing price of $587,885. 100 days on the market.
• Active Hoboken 3+ Bedroom Condos: 58 condos for sale with an average listing price of $961,615. 125 days on the market. Read the rest of this entry

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

Active Hoboken Condos

• There are 527 Active Hoboken condos for sale with an average listing price of $566,674. Average days on the market: 80 Days

In the past 30 days, 163 new Hoboken condos came on the market for sale with an average listing price of $533,515.

• Active Hoboken Studio Condos: 19 condos for sale with an average listing price of $340,678. 79 days on the market.
• Active Hoboken 1 Bedroom Condos: 158 condos for sale with an average listing price of $391,819. 71 days on the market.
• Active Hoboken 2 Bedroom Condos: 284 condos for sale with an average listing price of $591,229. 81 days on the market.
• Active Hoboken 3+ Bedroom Condos: 66 condos for sale with an average listing price of $944,666. 100 days on the market. Read the rest of this entry

I love large over the top properties. I recently spoke with a Hoboken condo seller about their $1,000,000 + condo in Hoboken which they were thinking of selling and it got me thinking about the top trophy properties for sale currently in Hoboken. These are the properties which have a huge “wow factor.”

1. The W Hoboken: 225 River St. Unit 2502

The 3 bedroom, 3.5 bath, 2,367 sq.ft. condo is located in the premiere Hoboken waterfront condo building, the W Hotel & Residences. With direct north & east views towards Manhattan, you can see past the George Washington Bridge. The City looks so close you feel like you can touch it. Step outside your condo, take the elevator down and you are in the lobby of the W Hoboken with Bliss Spa & the Chandelier Room steps away.  MLS #90007523. Asking $2,750,000 Read the rest of this entry

Garden Street Lofts

Below is the Hoboken real estate market update for the past 30 days for Hoboken condominium sales. Information is gathered from the Hudson County Multiple Listing Service.

Active Hoboken Condos

• There are 551 Active Hoboken condos for sale with an average listing price of $574,729. Average days on the market: 96 Days

In the past 30 days, 190 new Hoboken condos came on the market for sale with an average listing price of $516,843.

Pending Hoboken Condos

• There are 150 Hoboken condos under contract waiting to close with an average listing price of $531,884.  Average days on the market: 101 Days. Final sales prices of these units will not be published until they close. Read the rest of this entry

Hudson Tea Building

With Summer coming to a close and Fall in the air, here is the Hoboken real estate market update for condominium units for sale. This data is compiled from the Hudson County Multiple Listing Service.

Active Hoboken Condos

• Currently there are 484 Active Hoboken condos for sale with an average listing price of $585,301. The average days on the market for an Active Hoboken Condo is 109 days. Since August 1, 111 new Active condos came on the market in Hoboken. The average asking price of these new Hoboken condos is $535,570.

Pending Hoboken Condos

• Currently there are 157 Hoboken condos under contract. The average listing price of the pending Hoboken condos is $529,319. The condos spent an average of 111 days on the market. ****Please note: We will not know the sales prices of these condos until they actually close. Only then the sales prices will be made public. Read the rest of this entry

The Hoboken Shipyard Circa 1950

Long before the Hoboken waterfront condos, apartments, Starbucks, & chic restaurants, Hoboken was mainly a shipping & industrial town. I recall visiting Hoboken in the 1980’s and seeing the remnants of the shipping era. Bars like Maxwell’s Bar & Restaurant on 11th & Washington St. which are currently filled with people interested in the local music scene were once filled with longshoremen after a day on the docks.

As part of the Hoboken redevelopment in the 1990’s, the Shipyard was transformed into waterfront residential apartments, commercial space, Shipyard marina, & one luxury Hoboken condo building, 2 Constitution Court.

The Shipyard Rental Properties

The majority of the Hoboken Shipyard is residential rental properties. Apartments include studios, 1 bedroom, 2 bedroom, & 3 bedroom residences. The buildings include the North Constitution, the Vanguard, the Independence, and coming soon…The Berkshire. Read the rest of this entry

The Hudson Tea Building

As we approach the end of summer 2009, here is the Hoboken real estate market update for condominium units for sale. This data is compiled from the Hudson County Multiple Listing Service.

Active Hoboken Condos

• Currently there are 544 Active Hoboken condos for sale with an average listing price is $581,568. Average days on the market: 111 Days. Since July 1, 2009, 117 new Hoboken condos came on the market for sale. The average asking price of these new Active Hoboken condo listings was $597,483.

Pending Hoboken Condos

• Currently there are 148 Hoboken condos under contract waiting to close. Read the rest of this entry

The Hudson Tea Building

Over the years I have had several Hoboken buyers who came to me saying that they require a quiet condo to live in. While the location mattered, they were also concerned about the type of construction. In the Hoboken and Jersey City area, we have 2 main types of construction; steel & concrete and frame construction. Many of the older construction properties (4-8 unit brownstone/row homes) which were originally built 70 to 100 years ago are more than likely frame buildings. These buildings tend to have limited sound isolation between the floors.  In recent years new technologies have allowed the placement of a sound blanket or sound foam under the hardwood floors to lessen the noise in frame buildings.

For Hoboken buyers who are concerned about noise between the floors, a steel and concrete building may be your best option. Read the rest of this entry