hoboken properties: Are there still good condo deals in Hoboken?
- 08/08/13 11:28 PM
Everyone wants a good deal, especially when it comes to real estate. I do too! What I've noticed throughout my 13 year career selling homes in Hoboken and the surrounding area is that the best deals are available when the least amount of people are buying or from properties that have relatively minor cosmetic issues. For example the last financial meltdown beginning in late summer 2008 launched what may be the best opportunity to purchase a home in the last 20-30 years, maybe more. Savvy buyers and investors were buying up properties but many would be home owners sat on … (1 comments)
One of the great benefits of living in Hoboken is that we are so close to Manhattan and that we're connected to the city by 2 ferry locations, the NJ \Transit bus to Port Authority on 42nd St & 8th Ave and the PATH trains to the World Trade Center and up to 33rd St.
Buyers looking for a new condo to purchase often want to look for homes that are a short walking distance to the PATH trains. With the Hoboken PATH station … (0 comments)
hoboken properties: Max Your Comfort! 1125 Maxwell Lane, Hoboken NJ 07030
- 06/02/12 06:46 AM
Rare 12 ft Ceiling Maxwell Place condo for lease Renowned Maxwell Place comfort & luxury amenities are yours with this rare 12 foot ceiling extra large 1 bed, 1.5 bath condo. Massive 16 panel wall of windows measuring 10ft high immerse your home in light and offers an unmatched living experience. A marble foyer with large powder room off to the right greets you before entering your gorgeous granite & stainless kitchen with 7 foot center island. You’ll have more then enough cabinetry and counters to do all of your entertaining and your 14 x 23 foot large living & … (0 comments)
hoboken properties: A Hoboken condo that will never go out of style!
- 04/17/12 08:33 AM
Eleven10 Park Avenue epitomizes all that makes Hoboken great! An awesome location, fabulous pre-war architecture, amazing views of our sister town to the east called Manhattan, extensive updates, bright, hip and perfect for the vibrant lifestyle. This home is one of the few that is located at the top of the most fantastic row of limestone buildings in uptown Hoboken and commands lots of sunny eastern NYC views of both the Empire State Building and all of downtown including the Freedom tower. You’re definitely at the top, and you relish that fact. Who wants to have someone living above them? … (0 comments)
hoboken properties: The Hoboken Condo market Update for February 2012
- 03/15/12 03:34 AM
The Hoboken condo market has made some significant moves, many may be in your favor. Personally, I have been able to get 13 properties into contract during the first two months of this year. Although the market has been very competitive as of late, most of my buyers have been able to secure the homes that they had targeted as their first choice! I'm excited to be able to get many of them into their first homes and look forward to a long and mutually beneficial relationship :) First, there's something I have to get off of my chest..... The market is on … (0 comments)
hoboken properties: Hoboken Meets Jersey City
- 11/12/11 08:29 AM
Hello Jersey City, I'm Hoboken. Nice to meet you! This is a great photo showing where Hoboken and Downtown Jersey City border each other. Photo is taken from the Hudson Tea Building with 13th & Washington St., Hoboken in the foreground.
It's also a good perspective showing Hoboken with its abundant lower-rise buildings, many of which date back to the late 1800's, and the Newport section of downtown Jersey City with its newer high-rise buildings.
Both are very nice places to live. Lots of really great condos with easy access to NYC.
Do you remember when this … (0 comments)
hoboken properties: Hoboken condo sales statistics..Sales prices are up how much?
- 11/09/11 09:37 AM
Hoboken condo sales statistics..Sales prices are up how much? By Eddie Perez, Broker - REALTOR I know most people feel that the Hoboken condo market is down, especially the "buyers" out there. Surprise...prices went up when compared to last year. When compiling the final sales figures for October 2011 using the Hudson County Multiple Listing Service, the central theme I noticed was.....
Fewer condos are selling but they are selling for quite a bit more!
In the Hoboken condo market, closed sales prices showed big increases in October when compared to the October 2010 stats. Average prices rose 7.73 … (3 comments)
hoboken properties: The Holidays are Coming… Should I Wait to Sell My Hoboken Condo?
- 10/25/11 01:52 PM
I'm often asked.... “Eddie, with the holidays quickly approaching, should I wait until January to put my Hoboken cond The short answer is Maybe... To help answer the question properly, I typically assess your goals and timing. I then perform a "Real Estate Timing Analysis" and a "Financial Risk Analysis". Both of these are important tools we use to help identify what may be best for you. Better yet, they can often help save you a lot of money. On a purely strategic aspect, here are my thoughts on why not waiting may be a good decision for you: 1. While … (0 comments)
hoboken properties: 30-Day Hoboken Condo Market Snapshot as of 10/12/2011
- 10/12/11 02:04 PM
How’s the market? The 30-day Hoboken condo market snapshot is designed to give a quick look at how the overall Hoboken condo market has performed during the previous 30 days. It's current, hyper-local information can be a helpful guide and can offer confidence in understanding what is happening now so you can make the best decisions for you and your family. 30-Day Hoboken Condo Market Snapshot as of 10/12/2011 Total Condos For Sale: 309Average Price: $534,825Median Price: $475,000Avg Days on Market: 840-1 bed : 114Avg: $387,789Median: $334,750 Avg price per sqft: $522Avg days on market: 922 bed: 160Avg: $581,917Median: $524,950Avg price per … (0 comments)
hoboken properties: How's the Hoboken Condo Market?
- 09/23/11 04:23 PM
Stats you can use while shopping for your new Hoboken condo. by Eddie Perez, Broker - REALTOR at RE/MAX Hoboken Condo Market Snapshot for 9/23/2011 Total Condos For Sale: 337Average asking price: $523,566Median asking price: $465,000Avg days on market: 790-1 bed : 133 condos Average asking price: $380,910Median asking price: $325,000Avg price per sqft: $524.54Avg days on market: 892 bed: 170Avg: $585,344Median: $519,400Avg price per sqft: $481.22Avg days on market: 693 bed: 29Avg: $710,113Median: $628,500Avg price per sqft: $449.46Avg days on market: 95Total Condos Under Contract: 107 Average days on market: 92 Avg asking price per sqft: $466.08Total Under Contract Last … (1 comments)
hoboken properties: For Sale: Large Community that Cares!
- 08/30/11 03:18 PM
Hoboken, NJ. I love the town where I live and work, Hoboken, NJ, I really do. It has a fantastic location with easy access into Manhattan, beautiful New York City and Hudson river views, an abundance of restaurants, nightlife, shopping etc., all the things people are looking for in an urban environment. What I love most however is our sense of community. Yes, there's always room for improvement, in any aspect in life for that matter. Last Tuesday I was flying to a real estate conference in Los Angeles. That was the day of the earthquake in Virginia which was felt in New Jersey. Later … (3 comments)
hoboken properties: Hoboken Distressed Properties
- 08/22/11 11:26 AM
In a recent study by Lender Processing Services (LPS), 6.38 million people were at least 30 days late on their mortgage payments. According to online data tracker RealtyTrac, Hoboken shows to have 72 properties that fall within this pre-foreclosure status. Additionally, there are 14 bank-owned properties and 5 sheriff sales in town. I've placed a free list of the most common alternatives to foreclosures that homeowners can take advantage of to get back on the path to financial stability on my website: http://foreclosureshudsoncounty.com/ The sooner one begins the process of developing a strategy, the better the chances one can avoid foreclosure. … (0 comments)
hoboken properties: Hoboken Condo Supply Drops to Just Over Four Months
- 08/20/11 03:37 PM
The Hoboken condo market supply has dropped to just over 4 months (4.36 month supply) based upon the most recent 30-Day Hoboken Condo Market Absorption Rate, a significant drop from the previous weeks rate which was at 5.22 months. This is the rate where the total condo inventory that is presently on the market for sale would be "absorbed" by the pace of units placed under contract within the last 30 days as of 8/19/11. Many buyers are surprised by the amount of activity we are presently seeing in the Hoboken condo market. It's important that my customers … (0 comments)
hoboken properties: Hoboken Condo Market Snapshot 8/12/2011
- 08/13/11 01:50 AM
How’s the market? Stats you can use while shopping for your new Hoboken condo. Hoboken Condo Market Snapshot 8/12/2011 Total Condos For Sale: 324Average Price: $506,434Median Price: $459,950Avg Days on Market: 880-1 bed : 129 Avg: $378,322Median: $329,880 Avg price per sqft: $522Avg days on market: 892 bed: 161Avg: $560,482Median: $515,000 Avg price per sqft: $478Avg days on market: 823 bed: 31Avg: $703,025 Median: $645,000Avg price per sqft: $473Avg days on market: 122Total Condos Under Contract: 138 Average days on market: 89 Avg price per sqft: $474.52Total Under Contract Last 30 days: 6230-Day Absorption Rate: 5.22 months (62 units under … (0 comments)
Total Condos For Sale: 325 Average Price: $510,575 Median Price: $460,000 Avg Days on Market: 91 0-1 bed : 128 Avg: $377,918 Median: $$329,690 Avg price per sqft: $516.03 Avg days on market: 93 2 bed: 163 Avg: $566,643 Median: $519,600 Avg price per sqft: $477.79 Avg days on market: 83 3 bed: 32 Avg: $704,243 Median: $646,000 Avg price per sqft: $470.31 Avg days on market: 120 Total Condos Under Contract: 135 Total Under Contract Last 30 days: 60 30 Day Absorption Rate: 5.41 months (60 units under contract … (0 comments)
hoboken properties: Hoboken - Uncompromising PATH location; Young & Beautiful 2 bed / 2 bath Condo
- 08/03/11 07:29 AM
This newly listed Hoboken condo is perfect for the person who is not willing to compromise an easy PATH location AND wants: A newer (2008) building elevator good size (approx 1306 square feet) parking Quality - Design - Style easy Hoboken living with shops, restaurants and most everything 1-2 minutes away Learn more about this opportunity......email eddie@InvestHoboken.com or text / call 201.344.2886 89 Willow Ave @ Newark Street H O B O K E N $717,000 taxes $9,717 maintenance $384 eddie perez, broker - REALTOR
Hoboken's past becomes present with this meticulously renovated and luxuriously appointed one family row house home. 3 bedrrooms and 2.5 bathrooms of modern living. Start with a great location. 207 8th Street (between Garden & Park) is right in the middle of everything. Minutes from uptown or downtown gives you easy access to all of Hoboken! This home boasts every convenience and amenity including master suite with double vanities, steam shower, and granite. Main floor boasts granite and stainless steel eat in kitchen, large living room & radiant floors, beautiful yard with gas barbeque grill. Many more features … (1 comments)
hoboken properties: Hoboken "Kiddie Condos" - Some Things to Consider When Parents Invest with Their Children
- 06/03/11 03:55 PM
More and more buyers are teaming up with Mom and Dad to help alleviate some of the challenges of buying a condo in today's market. (Where were you, Mom and Dad, when I was buying my first home?...) Mortgage pro Ted Schirm with Investors Savings Bank states, "Securing financing for a Hoboken condo has become more challenging since banks have tightened their lending standards. Additionally, when parents are investing with or for their children and wish to obtain the best mortgage rates, many lenders are seeking substantial down payments, typically 25% of the purchase price or more." "Kiddie Condos - … (0 comments)
hoboken properties: April 2011 Hoboken Condo Market Update - Good News for Buyers & Sellers
- 05/02/11 05:45 PM
The Hoboken Condo market update for April 2011 is in and depending on whether you're buying or selling, the news can be viewed as either good or not so good. Good news for Hoboken condo sellers: Hoboken condominiums on average are selling faster than they did during the same period last year, just 69 days in April 2011 as opposed to 82 days for all closings in April of 2010. Additionally the overall inventory is at a historic moderate amount sitting at 378 units. 75 condos went into contract last month The current absorption rate, the rate at which … (0 comments)
hoboken properties: Search Hoboken MLS condos on your smart phone for FREE!
- 04/19/11 01:12 PM
Whether you're searching for a Hoboken condo or want to see what the brownstone your standing in front of is selling for, this FREE app brings the information to the palm of your hand anytime, anywhere. This is the only real estate app that works on standard cell phones and smart phones alike. Plus, did I mention it's FREE! Download today! Text: [BROWSE] to: 87778 to get my free app for IPhone, Android or Blackberry. Search all Hoboken MLS listings and view prices, square footage, taxes, features, maps, pictures and more! The "Call" feature will connect you to me if you … (0 comments)
Market news,stats, new listings, price reductions and lots of other useful info about condos and other real estate in Hoboken, NJ.
If you enjoy what you are reading, remember to subscribe to my blog. It is my focus to provide relevant greater Hoboken real estate market information on real world level. No media hype. No fluff. Just a real voice based on an active Hoboken REALTOR (R).
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