The condo real estate market in Hoboken and Jersey City performed well in January with 53 units under contract in Hoboken and 55 under contract in downtown Jersey City. Buyers continue to realize the advantages of record low interest rates. Description Units Closed/Sold Median Sales Price Median List Price to Sales Ratio Hoboken Condos 40 $565,000 98.7% […]
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Hoboken & Downtown Jersey City Condo Sales – February 2011
Below is a “quick hit” summary of the Hoboken & Downtown Jersey City condominium market for February 2011. This sales information is gathered from Hudson County MLS. It may not reflect sales at new construction buildings such as Maxwell Place, 77 Hudson, Trump Plaza, & Crystal Point since a small portion of these sales are reported through the MLS. Hoboken Condominium […]
Toll Brothers Sells Out 700 Grove Jersey City
700 Grove Condos in Jersey Only Re-sales Moving Forward Toll Brother has sold their remaining unsold new construction condos at 700 Grove in Jersey City. Up until recently Toll had about 10 units remaining, and I am told they have sold all of their remaining condos in the building. The building started selling pre-construction in […]
Hoboken & Downtown Jersey City Condo Sales – January 2011
Below is a “quick hit” summary of the Hoboken & Downtown Jersey City condominium market for January 2011. This sales information is gathered from Hudson County MLS. It may not reflect sales at new construction buildings such as Maxwell Place, 77 Hudson, Trump Plaza, & Crystal Point since a small portion of these sales are reported through […]
700 Grove Jersey City: Traditional Sale vs. Short Sale
700 Grove Condominiums in Jersey City I recently marketed 700 Grove Unit 7P in Jersey City which was a traditional sale. A traditional sale is your standard real estate transaction where you have two parties involved in deciding the sale, the buyer and the seller. When we had Unit 7P on the market, the unit […]
Crystal Point Reaches 70% Sold/Under Contract
Crystal Point Condos Sales Information Crystal Point in Downtown Jersey City recently reached its 70% under contract mark with contracts signed this fall. The building is currently 60% closed and occupied. Here are some Crystal Point sales. Totaling 269 units & 42 stories, Crystal Point is a Hudson River waterfront new construction condominium project located […]
Jersey City Condo Market Update October 2010
Below is the Jersey real estate market update for condominium sales for October 2010 in Downtown Jersey City. All information is gathered from the Hudson County Multiple Listing Service. Active Downtown Jersey City Condos There are 347 Active Jersey City condos for sale with an average listing price of $489,441. Average days on the market: […]
Jersey City Condo Market Update September 2010
Below is the Jersey real estate market update for condominium sales for September 2010 in Downtown Jersey City. All information is gathered from the Hudson County Multiple Listing Service. Active Downtown Jersey City Condos There are 367 Active Jersey City condos for sale with an average listing price of $505,832. Average days on the market: […]
Jersey City Waterfront Condos Maintenance Fees & Taxes
Currently there are three major downtown Jersey City waterfront high-rise condos which are currently being sold as new construction. They are 77 Hudson, Crystal Point, and Trump Plaza Residences. I find that many buyers who look at one of these buildings usually has interest in seeing the others. Commons questions that I hear are regarding […]
Jersey City Condo Market Update July 2010
Below is the Jersey real estate market update for condominium sales for July 2010 in Downtown Jersey City. All information is gathered from the Hudson County Multiple Listing Service. Active Downtown Jersey City Condos There are 355 Active Jersey City condos for sale with an average listing price of $520,086. Average days on the market: […]