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Tuesday, June 29, 2010
I'm baaacckk
Tuesday, June 22, 2010
Downtown Jersey City Real Estate Weekly Sales Update
What's hot in JC
Condominium Sales:
For this week there were 9 condominium units close. The lowest price, was a 800 square foot one bedroom on Jersey Avenue near Christopher Columbus, with an original asking price of $315,000 then reduced to $279,000 and sold for $265,000, that's $331 a foot.
The highest price was a 1420 sq foot three bedroom two bath at The Shore Club, on Newport Parkway, with an asking price of $775,000 that sold for $736,000 cash, that's $518 a foot.
Median list price was $429,000, median sold price was $410,000. Median days on market was 24 days.
New Pending Sales:
There were 7 new contracts written this week. The lowest asking price was a 625 sq foot one bedroom one bath with private deck, on 9th street @ Hamilton Park, listed at $325,000.
The highest asking price was 1486 triplex loft with two beds two baths plus den and parking at 149 Essex Street in Paulus Hook, relisted and reduced to $648,800.
Median list price was $449,000 median days on market was 84 days.
Brownstones and single family home sales:
There were no sales for this week.
New Pending Sales:
There was one ocntract written for this week. 158 1/2 Coles Street, a 12.5 by 70 lot with 4 bedrooms, one and a half baths and yard with an asking price of $549,000 is under contract.
Compare this week's sales to last week's here
Information supplied by the Hudson County MLS, deemed reliable but not guaranteed
Hoboken Real Estate Market | Weekly Update | Hoboken Condos and Brownstones
June 14th thru June 20th, 2010
(Pink BBQ from drinkstuff.com)
Monday, June 21, 2010
Hoboken Goes Green! New Car Share Program
“We’re proud to partner with Hertz to offer our residents the first true city-wide car-sharing program in the country,” said Mayor Dawn Zimmer. “This creative program will save residents thousands of dollars compared to owning a car and eliminate the stress and hassle of looking for parking in our city.”
The first phase of this program is anticipated to remove more than 750 vehicles from Hoboken’s crowded streets.
City Council President Peter Cunningham convincingly argued that the effect on our parking situation will be the same as building a new 750 car garage, except it won’t cost taxpayers a dime.
“Instead of taking on millions of dollars in taxpayer debt for structured parking, residents who switch to car-sharing will save thousands of dollars,” said Transportation and Parking Director Ian Sacs. “It’s the 21st Century solution to contemporary urban parking woes.”
The following day, Thursday, June 17th, Mayor Dawn Zimmer and Transportation and Parking Director Ian Sacs will host a community forum to discuss transportation and parking issues with residents. The forum will run from 7:00 pm to 9:00 pm at the Multi-Service Center, 124 Grand Street.
What: The formal kick-off of “Corner Cars,” Hoboken’s new city-wide car-sharing service powered by Connect by Hertz. Mayor Dawn Zimmer and Transportation and Parking Director Ian Sacs will take a vehicle for the inaugural drive.
Where: The intersection of 2nd St. and Harrison St. – the location of one of 21 car-sharing locations.
When: Wednesday, June 16th at 4:30 pm
Who: Mayor Dawn Zimmer, City Council Members, Hertz representatives, other local elected officials, and community residents.
The “Corner Cars” program operated by Connect by Hertz is Hoboken’s city-wide car-sharing service which allows residents to rent a vehicle by the hour, day or week. Rates start at $5 per hour and include gas, roadside assistance, navigation system, and insurance.
More than 90 percent of the Hoboken population will be within a 5 minute walk of at least one car-sharing location. Locations were selected through public input and by City Council members representing individual wards.
Residents with questions about the Corner Cars program can email cornercars@hobokennj.org or call the Department of Transportation and Parking at 201-653-1919.
Car-sharing Benefits Summary
Many Hoboken residents own a car but commute daily by transit, bus, bike or walking. They move their car for street cleaning or pay high rates to park in a garage. They use their car for groceries, to visit family, or to go to the beach. Other than that, their car sits around for days or weeks costing money, getting old, and losing value. “Corner Cars” is the alternative that makes a car available to residents whenever they need it — whether it’s for an hour or a week — and only costs for the time it’s used — as little as $5 per hour. With Corner Cars, residents could save thousands of dollars per year, never have to worry about finding parking again, and have the convenience of a car always parked nearby in a reserved space.
For car-sharing membersMembers will enjoy the convenience of never having to worry about finding a parking spot ever again and having a reserved parking space a short walk from home. Those who switch from car ownership can save thousands of dollars per year.
For low-income residentsSome residents may need the mobility of a personal vehicle but lack the ability to own one. Car-sharing is an affordable alternative with rates as low as $5 per hour — gas, roadside assistance, navigation system, and insurance included.
For other residents Everyone benefits from car-sharing. Fewer cars on the streets means parking is easier for everyone. Less traffic means safer streets for children, less noise, less pollution, and less wear and tear on roads. Even those who own a car can benefit from using car-sharing vehicles for emergencies or when a car is being repaired.
For new/prospective residents Car-sharing will add to the variety of multi-modal transportation options that make Hoboken an attractive place to live. With all the transportation options available — commuter rail, light rail, bus, ferries, our expanded Hop shuttle, new bike lanes and additional bike racks parking, and now our new city-wide car-sharing program, we hope new residents that move to Hoboken will reconsider whether they need to bring a car here at all.
For property owners Real estate listings often highlight their proximity to public transit options. Now, those without private parking can similarly point to nearby car-sharing spaces as a convenient alternative and make their home more marketable.
For taxpayers Instead of spending millions of dollars building structured parking, the first phase of the car-sharing program is expected to remove 750 cars from our streets, having the same effect on Hoboken’s parking situation, but at no cost to taxpayers. Fewer cars on the streets means less wear and tear on roads, and that means fewer potholes to fix and less frequent repaving needed.
Friday, June 18, 2010
Move in ready uptown home
When: Saturday 6/19 12-2PM Listing Price: $349,999
Bedrooms: 1
Baths: 1
Sq.ft: 841
MLS ID: 100003857
800 Jackson St.#413
METROSTOP'S LOWEST PRICED CONDO!
When: Sunday 6/20 1:30-3:30PM
Listing Price: $365,000
Bedrooms: 1Baths: 1
Sq.ft: 864MLS ID: 100003891
View More Info
230 Monroe St. #2RN
JUST LISTED
When: Saturday 6/19 & Sunday 6/20 2-4PM
Listing Price: $357,000
Bedrooms: 1
Baths: 1
Sq.ft: 740
MLS ID: 100007808
View More Info
501 9th St. #413
SPACIOUS 1BR.
When: Saturday 6/19 12-2PM Priced from $399,900
Bedrooms: 1Baths: 1Sq.ft: 756MLS ID: 100007511
View More Info
800 Jackson St.
METROSTOP CONDOMINIUMS
When: Saturday 6/19 & Sunday 6/20 1-4PM
Listing Price: 1BR's Starting @ $369,000 /
2BR's Starting @ $425,000
View More Info
953 Bloomfield St. #4
UPTOWN BEAUTY 2BR+DEN, CORNER UNIT
When: Saturday 6/19 2-4PM Listing Price: $449,000Bedrooms: 2+Baths: 1Sq.ft: 902
MLS ID: 100006647
View More Info
1500 Hudson St. #6P
TRUE 1BR AT THE HUDSON TEA BLDG
When: Sunday 6/20 12-2PM Listing Price: $438,900
Bedrooms: 1
Baths: 1
Sq.ft: 755
MLS ID: 100005333
915 Madison St. #5E
SUN DRENCHED 2BR/2BTH
When: Saturday 6/19 1-3PM Listing Price: $499,000
Bedrooms: 2
Baths: 2
Sq.ft: 1055
MLS ID: 100006036
THERESA CONDOMINIUMS
When: Saturday 6/19 1-3PM Listing Price: $518,000
Bedrooms: 2+
Baths: 1Sqft: 964
View More Info
456 9th St. #44BRAND NEW 600 SQFT ROOF DECK
When: Saturday 6/19 2-4PM Listing Price: $579,000
Bedrooms: 2
Baths: 1
Sq.ft: 1566
MLS ID: 100004548
View More Info
517 Adams St.
NEW CONSTRUCTION
When: Sunday 6/20 2-4PM
Listing Price: Priced from $699,000
Bedrooms: 2 & 3
Sq.ft: 1548+
View More Info
Thursday, June 17, 2010
Home Buyer Tax Credit May Be Extended
Yesterday, the Senate approved a proposal to extend the closing deadline on the home buyer tax credit. Under the proposal, those buyer's who's contracts are eligible to receive the credit, meaning they were in contract by APril 30th, 2010, would have more time to close on their new homes. The current deadline is June 30th, which many buyer's, attorney's and mortgage companies are struggling to close on this date. The extension would give them until September 30th; plenty of time to close even for FHA buyers.
Stay tuned as we expect final word next week!
Wednesday, June 16, 2010
New Look, Back to posting
I've been experimenting with the new blogger design templates to come up with the more modernized Metro theme I have going on now.. After a few mistakes and losing templates I think I managed to put everything back together just with a new look..
Tell me what you think!
Downtown Jersey City Weekly Real Estate Update
What's hot in JC
Hoboken Real Estate Weekly Update
What's Cookin In Hoboken
Condomonium Sales:
There were 17 units that sold for this week. From the lowest price, a 631 sq foot, 5th floor walk up one bedroom at 708 Willow that listed and sold for $286,000 to the highest; a 2466 sq foot duplex 2.5 bedroom 2.5 bath with private yard on First and Bloomfield that listed for $939,000 and sold for $880,000.
Median List Price was $524,000 and median sale price was $521,250. Median days on market was 44 days.
We can see that prices are still softening a bit if we compare these to previous weeks numbers.
New Pending Sales:
There were 8 new contracts written during this same week of June 7th. From the lowest asking price of $299,993 for a 665 sq foot one bedroom at 95 Garden Street near Newark, to the highest asking price $775,000 for a 1641 sq foot three bedroom three bath with parking and outdoor space at 904 Jefferson Street.
Median list price was $469,450. Median days on market was 62 days.
Hoboken Brownstones Market Update
Single Family Sales:
One single family sold for this week. 113 Garden, a gut rehab featuring 4 bedrooms 2 baths that sits on a 16 by 102 lot, with an asking price of $880,000 sold for $750,000 to a cash buyer.
New Pending Sales:
No new contracts were written for single families for this week.
Compare this week's sales to last week's report by clicking here.
Information provided by the Hudson County MLS, deemed reliable but not guaranteed.
Monday, June 7, 2010
Hoboken Real Estate Weekly Market Update, Condominiums and Brownstones
What's cookin in Hoboken
Condominiums
Sales: There were no sales recorded for this week on the Hudson County MLS.
New Pending Sales:There were 8 new contracts on condominiums for this week. The lowest priced condominium, a 600 sq foot one bedroom on First and Willow, with an asking price of $299,000. The highest priced condominium, a 1272 sq foot 2 bedroom 2 bath duplex at 1st and Harrison streets, with an asking price of $549,000.
The median list price was $446,999, and median days on market was 71 days.
Brownstones, Single Family Homes In Hoboken
Sales: There were no sales for this week.
New Pending Sales: No new pending sales for this week.
Compare this weeks sales to last weeks sales numbers.
Overview
The Month of May saw a healthy overall, 70 condominium units sell. From $210,000 to $2.4Million at the W Hotel Residences. Another 65 condominiums went under contract for this month and are waiting to close.
Numbers from the Hudson County MLS, deemed reliable but not guaranteed.
Maxwell Place Hoboken Real Estate Update, Luxury Townhomes selling like hot cakes?
Friday, June 4, 2010
Hoboken Open Houses For This Weekend
333 Monroe St. #7 GREAT SPACE AT A GREAT PRICE When: Saturday 6/5 12-2PM Listing Price: $269,000 Bedrooms: 1 Baths: 1 Sq.ft: 665 MLS ID: 100003877 View More Info |
When: Saturday 6/5 1-3PM Listing Price: $299,000 Bedrooms: 1 Baths: 1 Sq.ft: 550 MLS ID: 100001944 |
When: Saturday 6/5 & Sunday 6/6 2-4PM Listing Price: $339,000 Bedrooms: 2 Baths: 1Sq.ft: 657 MLS ID: 100006981 |
When: Saturday 6/5 & Sunday 6/6 1-4PM Listing Price: 1BR's Starting @ $365,900 / 2BR's Starting @ $405,000 |
205 14th St. #2R WELL LAID OUT 2BR When: Sunday 6/5 2-4PM Listing Price: $389,000 Bedrooms: 2 Baths: 1 Sq.ft: 726 MLS ID: 100001452 View More Info |
812 Grand St. #308 QUALITY METRO HOMES CONSTRUCTION When: Saturday 6/5 12-2PM Listing Price: $419,000 Bedrooms: 1 |
134 Garden St. #1 NEW TO MARKET! When: Sunday 6/6 12-2PM Listing Price: $439,000 Bedrooms: 1 Baths: 1 Sq.ft: 821 MLS ID: 100006879View More Info |
953 Bloomfield St. #4 NEW TO MARKET! When: Sunday 6/6 12-2PM Listing Price: $449,000 Bedrooms: 2 Baths: 1 Sq.ft: 902 MLS ID: 100006647 |
1500 Hudson St. #6P True 1BR at the Hudson Tea Bldg! When: Sunday 6/6 2-4PM Listing Price: $449,000 Bedrooms: 1 Baths: 1 Sq.ft: 755 MLS ID: 100005333 View More Info |
321 Monroe St. #3 PRICE REDUCTION! When: Sunday 6/6 2-4PM Listing Price: $459,900 Bedrooms: 3 Baths: 2 Sq.ft: 1324 MLS ID: 100004886 View More Info |
726 Adams St. #2 2BR/2BA in over 1200 Sq.Ft! When: Sunday 6//6 1-3PM Listing Price: $469,900 Bedrooms: 2 Baths: 2 Sq.ft: 1216 MLS ID: 100004921 View More Info |
609 Madison St. Unit B NEW LISTING! When: Sunday 6/6 2-4PM Listing Price: $473,000 Bedrooms: 2 Baths: 1.5 Sq.ft: 1080 MLS ID: 100006389View More Info |
825 Washington St. #5A The Historic Lafayette! When: Sunday 6/6 2:30-4:30PM Listing Price: $499,000 Bedrooms: 2 Baths: 1 Sq.ft: 990 MLS ID: 100006640View More Info |
551 Observer Hwy. #11B RENOVATED 2BR/2BA W/NYC VIEWS When: Saturday 6/5 1-3PM Listing Price: $459,000 Bedrooms: 2 Baths: 2 Sq.ft: 1025 MLS ID: 100004536View More Info |
613 Madison St. #4B JUST REDUCED! When: Sunday 6/6 2-4PM Listing Price: $459,000 Bedrooms: 2 Baths: 1.5 Sq.ft: 1080 MLS ID: 100004760View More Info |
120 Bloomfield St. #4 Beautiful 2BR/2BA with 1007 sq. ft! When: Sunday 6/6 1-3PM Listing Price: $524,900 Bedrooms: 2 Baths: 2 Sq.ft: 1007 MLS ID: 100005938 View More Info |
620 Jefferson St. Unit C FOR THOSE SEEKING OUTDOOR SPACE! When: Sunday 6/6 2-4PM Listing Price: $517,000 Bedrooms: 2 Baths: 1 Sq.ft: 1090 MLS ID: 100002029View More Info |
308-310 Garden St. #1L NEW TO MARKET! When: Sunday 6/6 2-4PM Listing Price: $538,168 Bedrooms: 2+ |
1125 Maxwell Ln. #630 NEW LISTING! When: Sunday 6/6 1-3PM Listing Price: $595,000 Bedrooms: 1 Baths: 1 Sq.ft: 892 MLS ID: 100006596 View More Info |
501 9th St. #311 JUST REDUCED! When: Sunday 6/6 2-4PM Priced from $619,000 Bedrooms: 3 Baths: 2 Sq.ft: 1260 MLS ID: 1000065870 |
415 Madison St. #3 JUST REDUCED! When: Sunday 6/6 1-3PM Listing Price: $609,999Bedrooms: 3 Baths: 2.5 Sq.ft: 1450 MLS ID: 100004800 |
1125 Maxwell Ln. #1016 NEW LISTING! When: Saturday 6/5 2-4PM Listing Price: $649,000 Bedrooms: 1 Baths: 1.5 Sq.ft: 955 MLS ID: 100006559 |
Wednesday, June 2, 2010
Maxwell Place Property Hot Shot
Photo Blog
While I was showing a few units here I snapped some pics.
Tuesday, June 1, 2010
Rub a dub dub - alternative seating!
Hoboken Real Estate Weekly Sales Update
Compare this weeks sales to last weeks sales numbers.