Walter Burns
Hudson County real estate continues to be a solid investment. The average sales value for a condo is now $754,748 in Hoboken and $726,293 in Downtown Jersey City — that’s almost a 10% increase over this time last year! (If you want to learn more about current market conditions, review the November 2016 Hudson County market recap.)
Now that we know the average condo sales values, how much are the most expensive properties worth? Did your neighbor’s property make the list of the top condo sales last month? Here’s a recap of the highest-selling condominiums in Hudson County.
Top Condo Sales for November 2016
10. Bayonne: 19 Maritime Way; sold for $370,000 on 11/23/16. ($195/sq. ft.)
2 bedrooms, 2.5 baths, 1,900 sq.ft. town-house layout with 2 car parking
9. Secaucus: 1093 Farm Road; sold for $372,000 on 11/28/16. ($234/sq. ft.)
2 bedrooms, 1.5 baths, 1,592 sq.ft. duplex layout with 2 car parking
Mirabelle on the Hudson in North Bergen, NJ
8. North Bergen: 8125 River Rd. Unit 6B, Mirabelle on the Hudson; sold for $800,000 on 11/3/16. ($370/sq. ft.)
2 bedrooms, 1.5 baths, 2,161 sq.ft. duplex layout with 2 terraces & 2 car parking
7. Union City: 3312 Hudson Avenue Unit PH4; sold for $590,000 on 11/18/16. ($383/sq. ft.)
2 bedrooms + Den, 2.5 baths, 1,539 sq.ft. penthouse layout with 1 car parking, direct NYC views & private rooftop access
6. Guttenberg: 86 Lydia Drive, Bulls Ferry; sold for $628,000 on 11/28/16. ($424/sq. ft.)
2 bedrooms, 2.5 baths, 1,482 sq.ft. duplex layout with 2 car parking
Henley on Hudson in Weehawken, NJ
5. Weehawken: 31 Cambridge Way, Henley on Hudson; sold for $830,000 on 11/18/16. ($519/sq. ft.)
2 bedrooms, 3 baths, 1,600 sq.ft. duplex layout with 1 car parking
4. West New York: 516 Harbor Place, Jacobs Ferry; sold for $2,100,000 on 11/9/16. ($538/sq. ft.)
3 bedrooms, 2 full baths, 2 half baths, 3,900 sq.ft. town-house layout with 3 car parking & Direct Hudson River & NYC views
3. Edgewater: 1220 River Road Unit A; sold for $1,600,000 on 11/18/16. ($644/sq. ft.)
4 bedrooms, 4 full baths, 2 half baths, 2,483 sq.ft. new construction town-house layout with 2 car parking & Hudson River/NYC views
2. Hoboken: 216 Bloomfield St. Unit B; sold for $2,300,000 on 11/17/16. ($684/sq. ft.)
4 bedrooms, 3 baths, 3,365 sq.ft. duplex layout with private elevator, 835 sq.ft. of outdoor space & 2 car parking
Crystal Point in Jersey City, NJ
1. Downtown Jersey City: 2 2nd St. Unit 1102, Crystal Point; sold for $2,350,000 on 11/28/16. ($1,477/sq. ft.)
3 bedrooms, 2.5 baths, 1,591 sq.ft. corner layout with direct Hudson River & NYC views
Data Source: Hudson County Multiple Listing Service.
Maximize Your Investment with Walter Burns
Does your unit have the same features as these top-selling Hudson County condos, such as direct NYC views or assigned parking? Whether you’re thinking of selling your condominium or are just curious about its value, request a Comparative Market Analysis to learn how much your property is worth. When you are ready to sell, list with us to get the results you’re looking for.