Hoboken, NJ Real Estate News

By Edward Perez
(Sothbey's International Realty)
Hello all, A total of 22 Hoboken condo's moved into a pending contract status last week.   Click Here to View Listings   DOM stands for Days on Market LP stands for Listing Price CONDO-COOP - Pending   CONDO-COOP Summary Statistics   High Low Average Median LP: $750,000 $309,900 $502,886 $475,000 SP: $0 $0 $0 $0 ADDRESS Status Area Sq Feet Lst Date DOM LP SP 832 WASHINGTON ST DABO Hoboken 500 4/30/2008 105 $309,900    358 6TH ST DABO Hoboken 734 5/7/2008 96 $319,000    457 2ND ST DABO Hoboken 508 7/25/2008 21 $339,000    416 MONROE ST DABO Hoboken 717 4/21/2008 119 $369,000    79 GARDEN ST DABO Hoboken 750 7/30/2008 14 $384,900    517 JACKSON ST DABO Hoboken 724 2/4/2008 169 $391,000    300 NEWARK ST DABO Hoboken 635 8/4/2008 4 $395,000    841 WILLOW AVE DABO Hoboken 866 3/21/2008 150 $...
Comments 0
By Anoir Redouane
(Halstead Property, LLC)
Below are some opportunities for renters to become Condo owners in Hoboken, these 10 are all condos in Hoboken under $300,000: (one of them is even a 2 bedroom Condo!!) Click Here to View Listings And if you were wondering what the most affordable and most expensive condos are in Hoboken then click on the link below: Most affordable Hoboken Condo: 82 Jackson Street Unit A4 $259,900 (1 Bedroom Condo) Most expensive Hoboken Condo: 1425 Garden Street PH A $2,500,000 (3 Bedroom Condo) Click Here to View Listings Let me know if you're looking to get on the Hoboken Condo ladder? Best regards, Anoir   Anoir's Blog   Your Hoboken Property Expert...........Experience you can bank on! _________________________________________________________________________________________________________________...
Comments 0
By Anoir Redouane
(Halstead Property, LLC)
Below is a list of today's newly listed Hoboken Condos that came to the listing in our Multiple Listing System: 5 Hoboken Condo Listings total: Click Here to View Listings (1) 1 Bedroom Condo in Hoboken: Click Here to View Listings (4) 2 Bedrooms Condos in Hoboken: Click Here to View Listings Let me know if you have any questions regarding these newly listed Hoboken Condos. You can also receive automatic listings within your particulars as soon as they come available, just give me a call or send me an email. Best regards, Anoir   Anoir's Blog   Your Hoboken Condo Expert...........Experience you can bank on! ___________________________________________________________________________________________________________________________________________________________   Perez Redouane Property ...
Comments 0
By Anoir Redouane
(Halstead Property, LLC)
Below is a list of today's newly listed Hoboken Condos that came to the listing in our Multiple Listing System: (3) 1 Bedroom Condo in Hoboken: Click Here to View Listings  Let me know if you have any questions regarding these newly listed Hoboken Condos. You can also receive automatic listings within your particulars as soon as they come available, just give me a call or send me an email. Best regards, Anoir   Anoir's Blog   Your Hoboken Condo Expert...........Experience you can bank on! ___________________________________________________________________________________________________________________________________________________________   Perez Redouane Property Partners Anoir Redouane, Realtor email: Anoir@DeRuggiero.com      Robert De Ruggiero Inc., Realtors 89 Washington St Hob...
Comments 0
Brett Favre Needs A New Home and Hoboken Would Be Just Perfect Dear Brett, We are thrilled you've decided to join the Jets. We need you. Badly. We hear that you don't like big cities much. So I've got the perfect solution for you. Buy a condo in Hoboken. Aside from being near to the Meadowlands, Hoboken has lots to offer. It's a friendly place like Mississippi, so you'll feel comfortable here, it has great views of Manhattan, and is filled with families with small children. It has a real small town feel. You might have heard that Eli lives here. That's right, Eli Manning, star quarterback of the Superbowl Champion NY Giants - the other team in town. There have been rumors that A-Rod bought a unit (or two) at Maxwell Place. Well, I can get you a place way better than theirs. With a bette...
Comments 1
July Hoboken Condo Sales Drop From Last Month Here are the Hoboken real estate market condo sales numbers for July. The figures are down in almost every respect. Average list price, average sales price, price per square foot and median sales price have dropped from June's numbers. The listing discount is greater, meaning Hoboken condo properties sold for less than asking by a greater spread than last month. There was an increase in the number of units sold increased and days on market decreased and there were sightly fewer new listings. There were fewer new condo listings in July than last month. July 08 Hoboken Condo Sales Compared to Past Years What Does It Look Like on a Graph?
Comments 0
The Dabo Dilemma Revisited Last week, I discussed a problem present in the MLS in that the DABO listings were not being accurate because some agents hadn't changed the status when the properties were sold, withdrawn or expired. As a result, list of DABO's properties included old, out of date listings that weren't really under contract any longer. So last week I looked at each property with a status of DABO and manually eliminated the 'stale' ones but I've figured out a better system. Starting this week and from now on, I will include in these reports only new DABOS - that is, properties which went under contract in the prior week, as I do for sold condos and new listings. Here is the info from last Wednesday through today: Studio & 1 Bedroom Condos: 1 unit sold for an average sale price...
Comments 0
By Anoir Redouane
(Halstead Property, LLC)
Below is a list of today's newly listed Hoboken Condos that came to the listing in our Multiple Listing System: 13 Hoboken Condo Listings total: Click Here to View Listings (7) 1 Bedroom Condo in Hoboken: Click Here to View Listings (6) 2 Bedrooms Condos in Hoboken: Click Here to View Listings Let me know if you have any questions regarding these newly listed Hoboken Condos. You can also receive automatic listings within your particulars as soon as they come available, just give me a call or send me an email. Best regards, Anoir   Anoir's Blog   Your Hoboken Condo Expert...........Experience you can bank on! ___________________________________________________________________________________________________________________________________________________________   Perez Redouane Propert...
Comments 0
By Anoir Redouane
(Halstead Property, LLC)
Below is a list of today's newly listed Hoboken Condos that came to the listing in our Multiple Listing System: (3) 1 Bedroom Condo in Hoboken: Click Here to View Listings   Let me know if you have any questions regarding these newly listed Hoboken Condos. You can also receive automatic listings within your particulars as soon as they come available, just give me a call or send me an email. Best regards, Anoir   Anoir's Blog   Your Hoboken Condo Expert...........Experience you can bank on! ___________________________________________________________________________________________________________________________________________________________   Perez Redouane Property Partners Anoir Redouane, Realtor email: Anoir@DeRuggiero.com      Robert De Ruggiero Inc., Realtors 89 Washington St Ho...
Comments 0
By Anoir Redouane
(Halstead Property, LLC)
Below is a list of newly listed Hoboken Condos that came to the listing in our Multiple Listing System in the last two weeks: 45 Hoboken Condo Listings total: Click Here to View Listings   (20) 1 Bedroom Condo in Hoboken: Click Here to View Listings (23) 2 Bedrooms Condos in Hoboken: Click Here to View Listings (2) 3 Bedrooms Condos in Hoboken: Click Here to View Listings Let me know if you have any questions regarding these newly listed Hoboken Condos. You can also receive automatic listings within your particulars as soon as they come available, just give me a call or send me an email. Best regards, Anoir   Anoir's Blog   Your Hoboken Condo Expert...........Experience you can bank on! ____________________________________________________________________________________________________...
Comments 0
By Anoir Redouane
(Halstead Property, LLC)
I'd say it's not a bad Hoboken Condo market for Hoboken Sellers; there are currently 184 Condos under contract in Hoboken and there are 472 Condos available in Hoboken. So priced right you should be able to sell if that is your true goal this obviously is paired with a good motivation, up-grading in Hoboken or relocation away in Hoboken are good examples. Now while price is definitely a common denominator for a successful sale. I'd say to present you condo in the best possible light there are 3 Condo renovations that are relatively easy as...1-2-3.   1. Spice up the kitchen A minor kitchen renovation is the project that "brings the best value for the buck." Rolling on a new paint color, installing new counter tops and putting on new cabinet and drawer handles are three ideas that only t...
Comments 0
By Anoir Redouane
(Halstead Property, LLC)
Courtesy of Erik Jacobson   In case you didn't know it yet, there is a 24/7 Web-cam pointed at Hoboken's Pier A. It's updated every 20 minutes and has some beautiful images of NYC. People use it in different and somewhat interesting ways. Watching the sunrise over Manhattan at 5AM, or monitoring the weather in other cases. In the summer it's probably very useful to see if there is still room to throw a Frisbee or to lay out on "Hoboken Beach" as Pier A Park is dubbed by some in the summer. It will save you a trip from your Hoboken Condo or Brownstone. You can read all about it here . Pier A Web-cam was started by Erik Jacobson in June 2000... Courtesy by Erik Jacobson Please let me know of any other web-cams with beautiful images in Hoboken. Anoir   Anoir's Blog   Your Hoboken Property...
Comments 0
By Anoir Redouane
(Halstead Property, LLC)
It is generally true that we're in a buyer's market in Hoboken. However, this does change to a seller's market once there are other buyers interested in the same property. There were 39 Hoboken Condos that sold at or over asking in the last 3 months. This translates to 17% of the total Hoboken Condos that sold within that same period. Below is the list of the 39 properties   Please let me know what your thoughts are? Best regards, Anoir   Anoir's Blog   Your Hoboken Property Expert...........Experience you can bank on! ___________________________________________________________________________________________________________________________________________________________   Perez Redouane Property Partners Anoir Redouane, Realtor email: Anoir@DeRuggiero.com      Robert De Ruggiero Inc.,...
Comments 0
By Anoir Redouane
(Halstead Property, LLC)
As soon as there is a new Hoboken condo Construction that hits our Multiple Listing System I'll let you know through my Hoboken Condo Blog: The latest is a new construction project downtown Hoboken @ 129 Harrison Street, Click address for location map. More details to follow when available. Anoir   Anoir's Blog   Your Hoboken Condo Expert...........Experience you can bank on! ___________________________________________________________________________________________________________________________________________________________   Perez Redouane Property Partners Anoir Redouane, Realtor email: Anoir@DeRuggiero.com      Robert De Ruggiero Inc., Realtors 89 Washington St Hoboken, NJ 07030 201.222.7550 ext. 12      
Comments 0
By Anoir Redouane
(Halstead Property, LLC)
Below is a list of today's newly listed Hoboken Condos that came to the listing in our Multiple Listing System: 17 Hoboken Condo Listings total: Click Here to View Listings (2) Studio Condo in Hoboken: Click Here to View Listings (3) 1 Bedroom Condo in Hoboken: Click Here to View Listings (12) 2 Bedrooms Condos in Hoboken: Click Here to View Listings Let me know if you have any questions regarding these newly listed Hoboken Condos. You can also receive automatic listings within your particulars as soon as they come available, just give me a call or send me an email. Best regards, Anoir   Anoir's Blog   Your Hoboken Condo Expert...........Experience you can bank on! ___________________________________________________________________________________________________________________________...
Comments 0
As your Hoboken Condo expert I'd like to keep you and our community informed about the available, sold and other trends that affect the Hoboken condo market. I'm open to any suggestions from you that you'd like me to research or if you have any particulars requests. You can respond to my blog and I will respond in public or you can call or email me privately and I will respond accordingly. As a start there are 491 Condos available in Hoboken as of today within the Multiple Listing System: 17 - Studios - Down 1 Condo from last week's 18 Available studios in Hoboken Click Here to View Listings 132 - 1 Bedroom condos - Down 6 Condos from last week's 138 Available 1 Bedroom Condos in Hoboken Click Here to View Listings 287 - 2 Bedroom condos - Down 5 Condos from last week's 292 Available 2 ...
Comments 0
By Anoir Redouane
(Halstead Property, LLC)
Below is a list of today's newly listed Hoboken Condos that came to the listing in our Multiple Listing System: 6 Hoboken Listings total: Click Here to View Listings (3) 1 Bedroom Condo in Hoboken: Click Here to View Listings (3) 2 Bedrooms Condos in Hoboken: Click Here to View Listings   Let me know if you have any questions regarding these newly listed Hoboken Condos. You can also receive automatic listings within your particulars as soon as they come available, just give me a call or send me an email. Best regards, Anoir   Anoir's Blog   Your Hoboken Condo Expert...........Experience you can bank on! ___________________________________________________________________________________________________________________________________________________________   Perez Redouane Property Par...
Comments 0
By Anoir Redouane
(Halstead Property, LLC)
Rates on 30-year mortgages jump sharply! Freddie Mac reports 30-year fixed rate averaged 6.63 percent this week. To read more on the report please follow the link below: Mortgage rates jump sharply I understand that most of the time it's worth to wait in a downwards real estate market, great Real Estate agents will keep a close tab on the market activity of other condos that are selling in the area and use that to provide valuable feedback so that Sellers might reposition their selling prices, as opposed to chasing the market down. There is a fine line however that divides the right price for the buyer from a wrong price for a seller that makes it worth for a seller to separate with their Hoboken condo, even in a strong buyer's market. So how are the rates that spiral up and the prices ...
Comments 2
Where Are Hoboken Condo Sales Headed? The single question I am asked the most is "what is happening in the Hoboken condo market". I often say, if I could predict the future I would be in Vegas. Nonetheless, a look at the past may still be informative. For the next week, as part of the mid-year Hoboken condo sales market analysis, I will be posting some interesting charts and numbers related to Hoboken real estate. Here is the first one. This shows average sales prices of Hoboken condos (listed on the MLS only) by quarter, from the beginning of 2000 to date. Here are the underlying numbers: (use the scroll bar below to see the full chart)
Comments 0
By Edward Perez
(Sothbey's International Realty)
Usually gas has no place when it comes to love however to help in the ever lasting pursuit of love and relief at the gas pump, our fantastic little town was recently named as a top city for singles over 30 and as a place to ride out the gas crunch. The August issue of Money Magazine ranked Hoboken the #1 city for singles over 30.  In the same issue, Hoboken was ranked #9 nationwide as one of the top commuter friendly locations. Read the article here: http://money.cnn.com/galleries/2008/moneymag/0807/gallery.bplive_mostsingles.moneymag/index.html What a great combination for helping to riding out the economic uncertainties.  The money you save at the pump can be spent on your date ;)   Some things you just can't live without!
Comments 1