Hudson County, NJ Real Estate News

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 heating up! 04/14/2021

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 03/18/2021

February 2021 Hoboken and Downtown Jersey City Condo Market UpdateFull breakdown at February 2021 Market Update - Hudson River Condos **This does not include inventory being sold directly from developers of the new construction properties (99 Hudson, Park and Shore, 1000 Maxwell, and 1425 Hudson St)** 03/02/2021

New Construction Properties In Hudson CountyIn 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 is the fourth and final phase of the Maxwell Place community in uptown Hoboken.99 Hudson, on the other had, has an offering of 781 homes including "concrete box" penthouse homes p... 02/25/2021

Luxury Condos On The Jersey City WaterfrontThe 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 visit the Liberty Terrace Condos page at hudsonrivercondos.com. 02/22/2021

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 - $4,098,000Standing 79 stories and almost 900 feet in the sky, 99 Hudson offers the most expansive views of Manhattan and the New York Harbor. The developer, China Overseas America, is offering the rarest of opportunities to not only live at the top of this tower, but, deliver the ... 02/20/2021

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 $695,000Two Bedroom condos priced from $999,000For more information on Park and Shore and other luxury communities on the Jersey City waterfront visit: www.hudsonrivercondos.com 02/19/2021

  Is a 20% down payment the standard for first time home buyers in Union City NJ?A 20% down payment is anything but standard. Making a smaller down payment does involve some form of mortgage insurance (MI) but not with some program. This is a fee that may be paid to limit the lender's risk when there is a lower down payment when buying your mortgage insurance (MI).Our loans are available with as little as 3.5% down payment. The cost of the mortgage insurance maybe paid by the bank depending on the borrower's credit score and location. Borrowers with lower credit scores may be better off with an FHA loan. The disadvantage is that the borrower cannot cancel the MI for an FHA loan. The only way to get out of it is by refinancing into a conventional loan.It is never a good idea to take up t... 09/18/2020

New York ViewRiver ViewNew Condominiums     See our view at Green Roof Condos  01/29/2019

New Green Roof Condominiums -  Just off Boulevard East  View the Virtual Tour The striking modern architecture of these 39 New luxury condominium consist of geometric accents and the unmistakable design with an eco friendly features. The open floor plans capitalize on breath taking views with oversized window and balconies. Enjoy the 6th floor green rooftop deck. One Block from Boulevard East convenient to all types of transportation, 20 min to NYC by bus, close to NY Ferry and Light rail. In door garage assigned parking, Scenic Views, Contemporary Design, concrete and steel construction. Open plan living, 9 Foot ceiling heights, Baths with modern cabinetry LED lighting throughout. European-Style Kitchen with island Quartz Counter Tops with Waterfall Edge (where applicable). Designer s... 01/14/2019

The perfect storm for Airbnb will be arriving in Jersey City for the following reasons below.  I am an expert in Airbnb, having hosted on Airbnb for approximately 6 years and currently a Superhost!I am a licensed real estate broker in both New York and New Jersey, landlord, investor, and Superhost on Airbnb!I am also head of the Jersey City Meetup for Airbnb!I can teach anyone how to make six figures in their spare time being a host!Yes that is right, over $100,000 in your spare time!If you are interested in buying a property to become a host or have a property that you want to start generating serious returns then please reach out to me!Why rent a home for a year to tenants that you may have to evict, destroy the house, etc when you can make double or triple that amount and deal with a... 12/29/2018

Many people are taking advantage of the sharing economy and making money in ways unimaginable a few years ago.  Airbnb launched in 2008 allowing homeowners, renters, property managers etc to offer a place to stay whether on a coach, to a mansion with 15 bedrooms. Globally, cities are implementing licensing requirements to limit the number of new rentals and monitor current Airbnb's.  Jersey City reached an agreement with Airbnb that will generate $1 million in hotel tax revenue for the city each year.  Mayor Steve Fulops agreement with Airbnb will automatically apply a 6 percent hotel tax to anyone who rents a home in Jersey City on the Airbnb website. Jersey City is the first city in the tri-state area to adopt an ordinance in partnership with a home renting platform. There are current... 08/19/2018

LOCATION, LOCATION, LOCATION just minutes from NYC, this mixed use building features a thriving business and a fully rented apartment! Phenomenal Location, Mixed-use building in one of the most desirable areas in New Jersey and the Tri-State area, Access to Public Transportation, 25 feet of frontage along Bergenline Avenue this property lays out extremely well for both retail and residential usage. --   Thank you, Make it a GOOD day! Malik CrichlowBROKER/OWNER , CDPE, SFRGoodBuy Homes NJ Realty 1939 Springfield Avenue Maplewood, NJ 07040Office: 973.843.9804 Fax: 973.843.0277 Direct: 973.277.6745Malikcrichlow@gmail.com  www.GBHNJ.com     GO TEAM GREEN!!! 05/25/2018

LOCATION! LOCATION! LOCATION! Steps away from everything, this Downtown Jersey City 3 story home has everything you need and more!    A COMMUTERS DREAM! Just steps away from the beautiful Hamilton Park this home features 4 bedrooms, 1.5 baths, 3 Fireplaces with the original brick and trim, Living room/Dining Room combo with Laundry area, private back yard, Great neighbors and is close to transportation, Restaurants, schools, The Holland Tunnel, major highways and so much more. This Home is being sold as is, buyer responsible for any/all lender and/or town requirements. House Requires your personal touch and some TLC to restore its true beauty!! WELCOME HOME!  05/25/2018

{This post was written by Miranda Barell, Giordano Group staff member}Best Place to get ice cream; Torico in Jersey City or Angel's Recipe Ice Cream Roll in Hoboken?This battle of ice cream places is based on 6 factors: presentation of ice cream, wait time in line, friendliness of staff, overall atmosphere, options and taste.   Torico Torico was established in 1968, and has been on First and Erie St in Jersey City ever since. It is a staple to the Jersey City community. As a Jersey City resident, I've visited Torico many, many times. For this post, I visited Torico on a Wednesday evening just after 8pm with my husband.  The Order: Chocolate Peanut Butter Ice Cream in a waffle cone, and my husband had Lemon Sorbet in a cup.  Presentation: Torico serves homemade ice cream, which is promin... 08/10/2017

  Rajshree Banerjee   House Hunter Renter Are you house hunting for a new place to rent? 👓 Read these tips to help you bag the perfect place, GLITCH FREE.....🔑 ✍️ ✍️ ✍️ ✍️ ✍️  This is an educational and informational post for renters.  I get so many of you asking the how's and what's, so I thought I'd put my experience to your rescue. A few of these tips today are real pearls of wisdom. Some may be uncommon advice, but I promise they'll be helpful. Dear Tenants, let me tell you I am so with you on this frustrating process of hunting for a new place 🏡 (read as running around the friggin' town or 2 or 3 with your realtor, packing, moving, u-hauls and the whole 9 yards of maybe not so much fun. Especially if you have a grueling job or kids or both. I hear ya. It's a pain in the we know wha... 01/16/2017

Loan limits are going up in the New York Metropolitan area and Northern New Jersey, where the maximum loan amount for FHA and will be moving to $625,500 as of January 1st, 2016. To stay in line with the Fannie Mae increase in loan limits from $417,000 to $424,100 which becomes effective with loan applications taken after Dec. 10th ……FHA has followed suit to maintain their 65% of federal conventional loan limit  With the FHA loan minimum down payment of 3.5% this gives a buyer purchasing power of roughly $603,607.5 purchase price with 3.5% down would stay under the maximum limit" Mortgage rates are rumored to be going up in late December, wait and see. This may be the time to buy.For more information on how to get approved or if you qualify for a loan, you can call us at 973.440.8209  Gi... 12/09/2016

For Sale in North Bergen, NJ Two Family For Sale5209 Cottage Ave, North Bergen, NJ 07047$499,000  JUST LISTED! Large 2 Family Home with Oversized 2 Car Garage just off 51st St in North Bergen. Open and spacious layouts, each apartment has 3 bedrooms, hardwood floors. Full finished basement. Paved yard with hot tub and pond, perfect for entertaining. Quiet dead end street. Easy NYC commute, near Lincoln Tunnel, NJ Turnpike, walking distance to bus and light rail. 5209 Cottage Ave North Bergen, NJ 07047 Asking: $499,000 Taxes: $8365   BY APPOINTMENT ONLY, please do not disturb tenants. Approx $3600 in rental income. This is a perfect live-in or investment opportunity! Please call listing agent with questions and appointments. 05/02/2016

Today The Zamir Group is proud to offer Amazing Special Prices and Deals on a total of 4 apartments in Hoboken and Jersey City These special deals represent an incredible opportunity to get a foothold in Hudson County, and enjoy all the great benefits of these vibrant cities. Enjoy a great local scene in either town, with Shopping, Nightlife and food to excite everyone from the fresh out of college student to a growing family. Easy NYC commutes on the PATH train are just the start of the benefits. See what everyone is talking about and get into JC or Hoboken for less today!We have Units that we want to rent today, and our rush is your gain. We are offering 14 month leases with 2 months FREE or sign today and pay nothing until April 1st deals depending on the location. These special pric... 03/08/2016

At the start of this week I had the great opportunity of working with client located along the Gold Coast of New Jersey. Their home was pretty impressive, 8,966 square-footage, 13 rooms, 2 three car garages, a beautiful Zen garden, and so much more! Bottom line, there was a lot of space. Keep this comment in mind..."a lot of space." courtesy of Lennor.comSituation: My client noticed a decrees and stagnation in career opportunities since moving into the home about five years ago. After discussing the history of my client and their home, along with life sections in need of addressing, it became very clear as we walked through the space that many of the rooms where not being utilized. Out of the 13 rooms, only 6 were constantly used. So that means, half of his home's life energy is not bei... 09/30/2015