Walter Burns
Thanks to high demand and low inventory, the market for Hudson County condominiums is hot! If you haven’t had a chance to read our May 2017 real estate market report, here’s a recap: The average sales value is $780,387 for Hoboken condos and $808,481 for Downtown Jersey City condos, with little room for negotiation in both markets. In addition, condominiums are selling over asking price; the average sales price to list price ratio is 100.41% for Hoboken condos and 100.25% for Downtown Jersey City condos.
Luxury condominiums, too, are selling for top dollar in Hudson County. Let’s take a look at which properties recently sold for the most money in the following areas.
Top Condo Sales for May 2017
Hoboken: 110 Park Ave. Unit 1; sold over ask for $2,610,000 on 5/9/17. ($815/sq. ft.)
3,201 sq. ft., 3 Bedroom, 2.5 Bath Brownstone duplex with a 644 sq. ft. private garden, keyed elevator, and parking
Wells Fargo Lofts in Jersey City, NJ
Downtown Jersey City: 299 Pavonia Ave., Unit 1-10, Wells Fargo Lofts; sold over ask for $1,585,000 on 5/31/17. ($529/sq. ft.)
3,000 sq. ft., 2 Bedroom, 1.5 Baths, loft styled home in historic Wells Fargo Building with a 37 ft. long entrance gallery and parking
Weehawken: 250 Henley Place, Unit 404, Henley on Hudson; sold for $1,143,000 on 5/26/17. ($747/sq. ft.)
1,529 sq. ft., 3 bedroom, 3 bath penthouse located in a private community along NJ’s Gold Coast, overlooking NYC with a gourmet kitchen, riverview terrace, and 2 car garage parking
Union City: 801 Palisade Ave., Unit 304; sold for $550,000 on 5/25/17. ($475/sq. ft.)
1,157 sq. ft., 2 bedroom, 2 bath Condo with fully appointed kitchen with with quartz counters and SS appliances, imported tile and marble baths with frameless shower enclosures, and 1 car parking space
Jacobs Ferry in West New York, NJ
West New York: 456 Buffalo Ct., Jacob’s Ferry; sold for $1,068,000 on 5/20/17. ($464/sq. ft.)
2,300 sq. ft., 3 bedroom, 3.5 bath duplex; custom kitchen with viking appliances, granite countertops, and island which opens to large family room with Bose surround system, stone fireplace, moulding with LED lighting and a wet bar; 2 car parking with tiled floor garage
North Bergen: 7400 River Rd., Views at Hudson Pointe; sold for $680,000 on 5/10/17. ($449/sq. ft.)
3 bedrooms, 2 baths, 1,513 sq.ft. condo with direct East views of the Hudson River & NYC skyline has deeded parking for 1 plus an additional “floating” space
Guttenberg: 109 Abbie Ct., Unit 109, Bull’s Ferry; sold for $659,000 on 5/24/17. ($394/sq. ft.)
1,764 sq. ft., 2 bedroom, 2.5 bath townhouse with single car garage in a community with two pools with jacuzzis, tot lot, scenic waterfront promenade, and shuttle to ferry
Bayonne: 4 Boatworks Dr., Unit 4, The Boatworks; sold for $370,000 on 5/2/17. ($193/sq. ft.)
1,925 sq. ft., 2 bedroom, 2.5 bath triplex with community pool and marina. Close to Light Rail with access to PATH train to NYC; buses to Exchange Place, Journal Square, and Port Authority
Secaucus: 369 Sandcastle Key, Harmon Cove; sold for $450,000 on 5/15/17. ($252/sq. ft.)
1,780 sq. ft., 3 bedroom, 2.5 bath Townhouse with open floor plan, wood-burning fireplace, and large deck; community features a pool, tennis courts, marina, cafe, club house, and NYC transportation on site
Edgewater: 1230 River Road A; sold for $1,699,000 on 5/15/17. ($354/sq. ft.)
4,800 sq. ft., 4 bedroom, 4.5 bath new construction townhouse with open concept floorplan, Profession grade appliances in the open concept kitchen, floor to ceiling marble master bath, and a top floor media room with wet bar leading to a roof deck overlooking the Hudson river and NYC
Data Source: Hudson County Multiple Listing Service.
Sell Your Condo for Top Dollar with Walter Burns
Does your unit have many of the same features as these highest-selling condominiums? We can help you sell your property quickly and for top dollar. Learn the value of your property in today’s market, and list with us to get the results you’re looking for.
Interested in a Luxury Hudson County Condo?
If you’re considering purchasing a condo in Hudson County, you can find your ideal property using our easy-to-use search options or condos with unique features. In a matter of weeks, you could be watching the sun set over the Manhattan skyline from the comfort of your living room!
These units are never on the market for long, so contact us when you find a property you like.