jersey city real estate: March Condo Market Update - Jersey City / Hoboken - 04/14/21 03:23 PM
Unlike most of the country, Hudson County NJ has not been a white hot seller's market throughout the pandemic. The weakened demand to be in New York City has trickled over to us across the river. Things are picking up, though. According to hudsonrivercondos.com market report, in March, condo inventory in both Hoboken and Jersey City was down and the pace of sales increased. The absorption rate was sharply lower in Jersey City and slightly lower in Hoboken. Condos in Jersey City even commanded 100% of the asking price on average.
So, although our market is not on fire. Things are certainly … (2 comments)

jersey city real estate: Crystal Point - Jersey City - 03/31/21 04:12 PM
Since 2010, Crystal Point (2 2nd St) in Jersey City has been an address synonymous with luxury living on the Downtown Jersey City Waterfront. With 24 hour concierge, resort-style amenities, and valet parking, Crystal Point has been in high demand over the past decade. Unobrstructed Manhattan and Hudson River views are the name of the game here. In fact, this is one of the few properties in all of Hudson County that can command a price over $1,000,000 for select one bedroom homes and upwards of $2,500,000 for select two bedroom homes. It's easy to see why so many can't wait … (1 comments)

jersey city real estate: Is Now A Good Time To Sell? - 03/23/21 02:10 PM
Is now a good time to sell your condo in Jersey City? That depends! There are many factors at play. Where would you go next? How much equity do you have? What amount of money do you need to put in your pocket for it to make sense for you to sell?
Every person's situation is different. Just because the "market is hot" doesn't mean it's necessarily a good time for everyone to sell. When getting ready to make that decision for yourself there are a few key factors to look at. 
Comparable Sales Competition (Active Listings) Pace of Sales Full breakdown … (0 comments)

jersey city real estate: Fast Sales in Hoboken and Jersey City - 03/18/21 01:48 PM
The snow has melted and the spring market is up and running in Hoboken and Jersey City. HudsonRiverCondos Blog took a look at which condos sold the quickest in Hoboken and Jersey City last month. After looking at the sales it seems as though the trend of condos with parking and outdoor space selling quickly continues.
Details on properties and full breakdown here: February Condo Market Movers - Hudson River Condos Blog
(0 comments)

jersey city real estate: Interest Rates - 03/15/21 03:39 PM
There has been a lot of talk about interest rates lately. With the 10 year treasury yield on the rise we could be seeing a rise in mortgage interest rates. Even with the economy moving in the right direction there is still a lot of uncertainty. One thing that is very likely, though, is that interest rates will not stay this low forever. What does that mean for buyers in Hoboken and Jersey City? In a market that has sufficient inventory it means now is as good a time as ever to pull the trigger on that home purchase.
Read the full … (0 comments)

jersey city real estate: New Construction Condos - Hoboken and Jersey City - 02/25/21 06:59 AM
New Construction Properties In Hudson County
In Hudson County, NJ we are not experiencing the same extreme shortage of home inventory as the rest of the state (or country for that matter). In fact, thanks to several large-scale new construction condominium projects, there is actually a hidden abundance of opportunities to buy. Between 1425 Hudson St,1000 Maxwell Lane, 99 Hudson, and Park and Shore in Jersey City there are hundreds of homes still to be sold.
1425 Hudson St, by Toll Brothers, consists of 99 stunning homes on the Hoboken Waterfront. 1000 Maxwell, also by Toll Brothers, consists of just 58 homes and … (0 comments)

jersey city real estate: Liberty Terrace Condos - Exchange Place - Jersey City - 02/22/21 07:08 AM
Luxury Condos On The Jersey City Waterfront
The condos at Liberty Terrace (25 Hudson St.) continue to be at the top of the list for buyers who must have unobstructed views on the Hudson River. Liberty Terrace offers luxury living in a boutique setting located in what is arguably the best location in all of Downtown Jersey City. This property features a 24 hour concierge, fitness center, and parking on site. There is also a tax abatment in place until 2026.
Currently, there are 4 condos for sale in the complex. For more information on Liberty Terrace and to see the active listings … (3 comments)

jersey city real estate: Condos Looking To Break Sale Record - Jersey City - 02/20/21 05:55 AM
Over the past 15 - 20 years, Downtown Jersey City has seen a boom in luxury condominium construction. With the rise of many new buildings came a subsequent rise in condo prices. Although located directly across from the Financial District in Manhattan, prices for properties in Downtown Jersey City have never come close to what you see in New York. However, there are a few active listings right now that are each trying to claim the title of highest sale price ever for a condo in Jersey City.
99 Hudson St #7502 - $4,098,000
Standing 79 stories and almost 900 feet in the … (0 comments)

jersey city real estate: Luxury Condos - Jersey City - Park and Shore - 02/19/21 08:00 AM
Park and Shore is the newest luxury condominium complex to hit the Downtown Jersey City Waterfront in Newport. Builder, China Construction America teamed up with famed architect, Perkins Eastman, to deliver the latest in luxury living to Jersey City. With homes ranging from studio - three bedroom and a bevy of first-class amenities Park and Shore has quickly become the talk of the town.
One Bedroom condos priced from $695,000
Two Bedroom condos priced from $999,000
For more information on Park and Shore and other luxury communities on the Jersey City waterfront visit: www.hudsonrivercondos.com
(6 comments)

 
Ryan Sharkey, Condo Specialist (Keller Williams City Life Realty)

Ryan Sharkey

Condo Specialist

Hoboken, NJ

More about me…

Keller Williams City Life Realty

Address: 100 Washington St, Hoboken, NJ, 07030

Mobile: 201-543-8053

Email Me



Links

Archives

RSS 2.0 Feed for this blog