Welcome to My Blog! Please feel free to email me @ karinaabadnj@gmail.com

Thursday, April 29, 2010

Hoboken Arts & Music Festival

This Sunday Is The Hoboken Arts And Music And Food Festival!! It's supposed to be a gorgeous day! Make sure to come out to support our local vendors and artists!
From The HobokenNJ.org website - below are the details and full performance schedule.

>>>>>>>>>>>>>>>>
16th Annual Hoboken Arts & Music Festival on Sunday, May 2nd from 11am and 6pm. Admission is free.

The fair will take place on Washington Street between Observer Highway and 7th Street and will include over 300 artists, crafters, photographers, local businesses, restaurants, food vendors and more.
Three stages of live music will feature performances by Fountains of Wayne, Freedy Johnston, The Doughboys, Jack Skuller, Verdict, and more. A special Kids Zone on 3rd Street in the Capital One parking lot will include performances, rides, games, face painting and more.


Fountains of Wayne
Sunday May 2, 2010
11am to 6pm • FREE
Washington St. - Observer Highway to 7th St.
Over 300 Artists, Crafters, Photographers,Local Businesses, Restaurants, Food Vendors & more
With 3 Stages of live music with performances by:
Fountains of Wayne, Freedy Johnston,The Doughboys, Jack Skuller, Verdict,Los, Seis del Sabor, Bandwidth, Rosewood Ghost, Mad Dog Mary, Hannah Valente and others

And on our Children’s Stage:
located in the Capital One Bank parking lot on 3rd Street:
Polka Dot, Oakie Dokie Clown Magician and the Little Maestros
Performance Schedule
Schedules are tentative and subject to change.
Observer Hwy (bet. Newark & Observer Hwy)
Noon - Rosewood Ghosts - http://www.rosewoodghosts.com/
1:00 pm - Jack Skuller - http://www.myspace.com/jackskuller
2:00 pm - The Doughboys - www.thedoughboysnj.com
3:00 pm - Freedy Johnston - http://www.freedyjohnston.com/
4:30 pm - Fountains of Wayne - www.fountainsofwayne.com

Sixth Street Stage
12:30 pm - Bandwidth
1:10 pm - Hannah Valente
1:35 pm - Amanda Braise - http://www.amandabarise.com/
2:00 pm - Hoboken’s STY Academy - www.myspace.com/thestyacademy
2:30 pm - Mad Dog Mary - www.myspace.com/maddogmary
3:15 pm - Purple Knif
4:00 pm - Verdict - http://www.verdictisin.com/
5:00 pm - Los Seis del Sabor

Kid Zone (Third Street)
12:00 pm - Polka Dot aka Ron Albanese - myspace.com/ronalbanese
1:00 pm - Oakie Dokie Clown - magic - http://www.oakiedokey.com/
2:00 pm - Polka Dot aka Ron Albanese - myspace.com/ronalbanese
3:00 pm - Little Maestros
4:00 pm - Polka Dot aka Ron Albanese -
5:00 pm - Oakie Dokie Clown - magic - http://www.oakiedokey.com/

Special features include
Fine artists are located between 2nd & 3rd St., so if you are an art collector, this is the place to be.

Oil paintings, watercolors, acrylics, sculpture, mixed media, etc.
Children’s area on 3rd street with rides, games, creative activities, puppet show, face painting,clowns, balloons, live performances and much, much more:
Crafters display / sell handmade: pottery, metalwork, wood items, furniture, blown & fused glass, quilts, household items made from recycled materials, cementware, batik clothing, hand painted furniture, candles, jewelry, dried florals, soaps & lotions and much more

Food: Lots of great food throughout the fair. Hoboken restaurants will set up street cafes offering an eclectic variety of international foods such as: Thai, Indian, Greek, French, Mexican, Cajun and Italian


Monday, April 26, 2010

Hoboken Condos For Sale At Metro Stop! Affordable two bedroom two baths, completely new


We've been busy at Metro Stop! These new condo's are the best valued two bedroom two baths in Hoboken. Elevator building, gym, community lounge, roof deck and so much more, this two bedroom line is blowing out fast.


It offers 1122 sq, hardwood floors, granite kitchen with stainless steel appliances, central air, laundry in unit, two full beautiful baths and more! Don't miss them, they'll be gone soon. There are only a few left, so if you're interested please email me for a private appointment or for open house info.


Click here for full listing info and pics!

Downtown Jersey City Two Bedroom Rental Near Hamilton Park Is Available



Just listed this beautiful, warm, completely renovated two bedroom condo is perfect for a couple or shares. Can be used as a one bedroom plus office, or as a two bedroom with rooms on opposite sides. Building has a beautiful common outdoor patio, plus laundry right in the unit! It's a 10 minute walk to Newport Pavonia PATH and three blocks to buses, 13 minutes to Grove Street PATH.



For more pictures Click Here

If you're interested in an appointment please call me. Asking $1800, pets may be ok, utilities are separate.

Saturday, April 24, 2010

Hoboken Open Houses For This Weekend

Hoboken Open Houses And Full List For This Weekend By RE/MAX Gold Coast Realty. Happy house hunting! It looks a like a beautiful day. Remember, only this week left to be in contract - this means out of attorney review to qualify for the tax credit.

1208 Washington St. #5S
NEW LISTING! SPACIOUS 1BR
When: Sunday, April 25th 2-4PM
Listing Price: $345,000
Bedrooms: 1
Baths: 1
Sq.ft: 636
MLS ID: 100005166
View More Info
800 Jackson St.
METROSTOP CONDOMINIUMS
When: Saturday 4/24 & Sunday 4/25 1-4PM
Listing Price: 1BR's Starting @ $365,900 /
2BR's Starting @ $405,000
151 2nd St. #4A
BLOOMFIELD STREET BEAUTY
When: Sunday, April 25th 12-2PM
Listing Price: $389,000
Bedrooms: 1
Baths: 1
Sq.ft: 650
MLS ID: 100003600
80-82 Bloomfield St. #2B
PRICE REDUCED! STEPS TO EVERYTHING
When: Sunday, April 25th 2-4PM
Listing Price: $389,000
Bedrooms: 1
Baths: 1
Sq.ft: 804
MLS ID: 100002559
205 14th St. #2R
WELL LAID OUT 2BR
When: Sunday, April 25th 2-4PM
Listing Price: $399,000
Bedrooms: 2
Baths: 1
Sq.ft: 726
MLS ID: 100001452
View More Info
812 Grand St 308933 Willow Ave. #4L
LOVELY CONDO W/ EXPOSED BRICK

When: Saturday, April 24th 2-4PM
Listing Price: $409,900
Bedrooms: 2
Baths: 1
Sq.ft: 809
MLS ID: 100002396
812 Grand St 308202 Park Ave. #3
MODERN AMENITIES + OLD WORLD CHARM
When: Sunday, April 25th 2-4PM
Listing Price: $409,900
Bedrooms: 2
Baths: 1
Sq.ft: 809
MLS ID: 100002396
812 Grand St. #308
PRICE REDUCTION! THE HUNTINGTON
When: Sunday, April 25th 12-2PM
Listing Price: $424,900
Bedrooms: 1
Baths: 1
Sq.ft: 823
MLS ID: 100000062
1210 Park 2 LR613 Monroe St. #4
GREAT NATURAL LIGHT & NYC VIEWS
When: Sunday, April 25th 2-4PM
Listing Price: $449,900
Bedrooms: 2+den
Baths: 2
Sq.ft:1325
MLS ID: 100002771
View More Info
620 Jefferson St. Unit B
TOTALLY RENOVATED
When: Sunday, April 25th 1-3PM
Listing Price: $459,000
Bedrooms: 2
Baths: 2
Sq.ft: 950
MLS ID: 100003256
1210 Park 2 LR321 Monroe St. #3
FABULOUS 1324SF 2BR/2BTH
When: Sunday, April 25th 2-4PM
Listing Price: $464,900
Bedrooms: 2
Baths: 2
Sq.ft: 1324
MLS ID: 100001024
View More Info
613 Madison St. #4B
SPACIOUS BI-LEVEL CONDO
When: Sunday, April 25th 1-3PM
Listing Price: $475,000
Bedrooms: 2
Baths: 1.5
Sq.ft: 1080
MLS ID: 100004760
View More Info
1200 Grand St. #306
NEW PRICE! BEAUTIFUL HOME W/ PRKG!

When:
Saturday, April 24th 1-3PM
Listing Price: $489,900
Bedrooms: 2
Baths: 2
Sq.ft: 1007
MLS ID: 90012857
726 Adams St. #2
NEW TO MARK MARKET!

When:
Sunday, April 25th 1-3PM
Listing Price: $489,900
Bedrooms: 2
Baths: 2
Sq.ft: 1216
MLS ID: 100004921
View More Info
620 Jefferson St. Unit C
FOR THOSE SEEKING OUTDOOR SPACE!
When: Sunday, April 25th 1-3PM
Listing Price: $517,000
Bedrooms: 2
Baths: 1
Sq.ft: 1090
MLS ID: 100002029
70 Adams St. #2A
BEAUTIFUL LAYOUT!
When: Sunday, April 25th 1-3PM
Listing Price: $529,000
Bedrooms: 2
Baths: 1
Sq.ft: 897
MLS ID: 100005050
728 Willow Ave. #4R
NEW LISTING!
When: Saturday, April 24th 1-3PM
Listing Price: $549,000
Bedrooms: 2
Baths: 2
Sq.ft: 1025
MLS ID: 100004752
456 9th St. #44
RARE TOWN-HOME LIVING!
When: Sunday April 25th 1-3PM
Listing Price: $579,000
Bedrooms: 2
Baths: 1
Sq.ft: 1566
MLS ID: 100004548
View More Info
1500 Garden St. #1C
PRESTIGIOUS HARBORSIDE LOFTS!
When: Sunday, April 25th 2-4PM
Listing Price: $595,000
Bedrooms: 1+Den
Baths: 1
Sq.ft: 1269
MLS ID: 90015580
View More Info
528 Madison St. #4
NEW LISTING!
When: Sunday, April 25th 1-3PM
Listing Price: $599,000
Bedrooms: 2
Baths: 2
Sq.ft: 1315
MLS ID: 100005012
530 Madison St. #6A
LIVING LARGE IN HOBOKEN!
When: Saturday, April 17th 2-4PM
Listing Price: $659,000
Bedrooms: 2
Baths: 2
Sq.ft: 1282
MLS ID: 100004601
View More Info
415 Madison St. #3
SPECTACULAR CONDO!
When: Sunday, April 18th 2-4PM
Listing Price: $669,000
Bedrooms: 3
Baths: 2.5
Sq.ft: 1450
MLS ID: 100004800
View More Info
603 Monroe St. #6
TOP QUALITY HOME!
When: Sunday, April 18th 1-3PM
Listing Price: $679,000
Bedrooms: 3
Baths: 2
Sq.ft: 1545
MLS ID: 100004255
View More Info
517 Adams St.
NEW CONSTRUCTION!
When: Saturday, April 24th 2-4PM
Listing Price: Priced from $699,000
Bedrooms: 2
Baths: 2
View More Info
727 Monroe 203 Kit1025 Maxwell Ln. #500
MOST PRESTIGIOUS ADDRESS IN HOB
When: Sunday, April 25th 1-3PM
Listing Price: $849,000
Bedrooms: 1
Baths: 1.5
Sq.ft: 966
MLS ID: 100003695
View More Info
62 Madison St. #4
BRAND NEW
When: Sat 4/24 1-3PM & Sun 4/25 2-4PM
Listing Price: $899,000
Bedrooms: 3
Baths: 2
Sq.ft: 2388
MLS ID: 90009830
View More Info
JERSEY CITY
300 2nd St 3 LR300 2nd St. #3
$4000 SELLER'S CONCESSION & $1000 BONUS TO SELLING AGENT!
When: Saturday, April 24th 12-2PM
Listing Price: $249,000
Bedrooms: 1
Baths: 1
Sq.ft: 565
MLS ID: 100003569
View More Info
300 2nd St 3 LR140 Bay St. #3E
SOHO STYLE OPEN LOFT!
When: Saturday, April 24th 3-5PM
Listing Price: $371,000
Bedrooms: Studio
Baths: 1
Sq.ft: 945
MLS ID: 100000308
View More Info
UNION CITY
306 St. Michael's Walk
NEW TO MARKET!
When: Sunday, April 25th 1-3PM
Listing Price: $309,900
Bedrooms: 2
Baths: 2
Sq.ft: 1226
MLS ID: 100005077
View More Info
NORTH BERGEN
7301 Blvd. East #12
BEAUTIFUL CORNER UNIT!
When: Saturday, April 24th 2-4PM
Listing Price: $239,000
Bedrooms: 2
Baths: 1
Sq.ft: 759
MLS ID: 100005216
View More Info

Wednesday, April 21, 2010

Breaking News For Hoboken FHA Buyers

Hoboken condominium buyers seeking FHA financing have found it difficult to find buildings that could either meet FHA requirements, or have already been FHA approved. This is for several reasons, from the builder's just simply never applying for FHA approval, to there not being adequate insurance, or owner to tenancy ratios... FHA approved buildings in Hoboken are not that easy to come by. You should work with an agent that is experienced and versed in FHA requirements so that they can more easily identify a building that on the surface looks like it could pass approval, then dig a little deeper once you have seen the home to have the questionnaire filled out for confirmation of approval.

I thought it would be helpful to publish a list of buildings that have already been approved. Here is an updated, current list of buildings in Hoboken.

There are several others that are now pending and will be updated in the near future.

125 WILLOW AVENUE
125 WILLOW AVENUEHOBOKEN, NJ 07030
Entire project, 9 units total
Approved
04/05/2010
04/05/2012

132 ADAMS STREET
132 ADAMS STREETHOBOKEN, NJ 07030
existing project 7 units, need ho-6 policy
Approved
04/19/2010
04/19/2012

218 JEFFERSON STREET CONDOS
218 JEFFERSON STHOBOKEN, NJ 07030
1 BUILDING - 9 RESIDENTIAL UNITS - RECORDED DOCS ON FILE IN HOC.
Approved
04/07/2010
04/07/2012

405 FOURTH STREET CONDOMINIUM
405 4TH STREETHOBOKEN, NJ 07030
8 residential units-certify 51% owner occupancy requirements at time of endorsement.
Approved
10/30/2009
10/08/2011

422 BLOOMFIELD STREET
422 BLOOMFIELD STREETHOBOKEN, NJ 07030
CONVERSION/8 UNITS/4 STORY BLDG
Approved
11/23/2009
11/19/2011

531 GARDEN STREET CONDOMINIUM
CITY OF HOBOKEN, NJ 07030
1 BLDG - 4 UNITS - 1 YEAR RESTRICTION NOT APPLICABLE - VACANT BLDG
Approved
06/22/2009
06/22/2011


60 MADISON ST. CONDOMINIUM
CITY OF HOBOKEN, NJ 07030
CONVERSION OF VACANT BUILDING;FOR ENDORSEMENT CERTIFY 51% PRESALE & OWNER-OCCUPANCY;RECORDED MASTER DEED MUST BE SUBMITTED PRIOR TO ENDORSEMENT OF ANY LOAN.PROCESSOR:FRAN GRIFFIN/PHILA. HOC
Approved
07/30/2009
07/30/2011

ADAMS SQUARE CONDOMINIUM
HOBOKEN, NJ 07030
CONVERSION 59 UNITS APPROVED CERTIFY 51% OWNER/OCCUPANCY/PRESALE
Approved
03/13/2009
03/13/2011

CLINTON MILLS CONDOMINIUM
1026-34 CLINTON STHOBOKEN, NJ 07030
CONVERSION - TOTAL UNITS 37
Approved
10/30/2009
10/09/2011

JEFFERSON TRUST CONDOMINIUM
HOBOKEN, NJ 07030
CONDS: C05 & C06 100 UNITS, 8 STORY BUILDING
Approved
08/22/1994
12/07/2010

METRO STOP CONDOMINIUM
HOBOKEN, NJ 07030
1 (11 STORY) BUILDING - 113 RESIDENTIAL UNITS CERTIFY 51% O/O/PRESALE; 10 YR HUD APPROVED WARRANTY FOR MAX LTV; FINAL BY FEE INSPECTOR IF NOT 100% COMPLETE AT TIME OF APPRAISAL
Approved
06/15/2009
06/15/2011

ROBERTS COURT CONDOMINIUM
456 9TH STHOBOKEN, NJ 07030
CONVERSION 56 UNITS CERTIFY 51% OWNER/OCCUPANCY
Approved
03/31/2010
03/12/2012

SATORI HOBOKEN CONDOMINIUM
705-707 MONROE STREETCITY OF HOBOKEN, NJ 07030
8 units- recorded legal docs are on file in our office.
Approved
04/16/2010
04/16/2012

SATORI LOFTS CONDOMINIUM
ALL ADDRESSES FOR PROJECTHOBOKEN, NJ 07030
12 UNITS/ 5 STORY BLDG/ 11 PARKING SPACES RECORDED LEGAL DOCS ON FILE
Approved
04/21/2010
04/21/2012

THE 110 BLOOMFIELD STREET
HOBOKEN, NJ 07030
CONDO CONVERSION - 4 UNITS - 1 YR RESTRICTION DOES NOT APPLY.
Approved
08/21/2009
08/21/2011

THE BEVELI ARMS CONDOMINIUM
917 WILLOW AVENUEHOBOKEN, NJ 07030
1 (5 story) Building - 10 Residential Units
Approved
03/17/2010
03/17/2012

VESTA HOBOKEN CONDOMINIUM
Approved
10/29/2009

Monday, April 19, 2010

Hoboken Single Family Home Just Listed

Hoboken Single Family Home On Willow Terrace Just Listed!

Wonderful, affordable, condo alternative in Hoboken. I just listed this three bedroom, 2 full bath triplex with private street parking and large terrace on Willow Terrace. This home offers a great opportunity for a single professional or a young couple looking to start a family.


If you'd like to make an appointment please contact me to schedule a private viewing.
Listed at $629,000!
Low taxes and no maintenance fees
58 Willow Terrace
Hoboken, NJ 07030

Friday, April 16, 2010

Mortgage Rate Update

Mortgage rate update from one of my preferred broker vendors...



Here are the current mortgage rates … if you have any questions, please let me know.
**Keep in mind that every borrower’s situation is different, and each must be evaluated individually.**
REVISED April 15th, 2010---- 4:00 PM ETLock Period = 30 Days
CONVENTIONAL CONFORMING LOANS (loans less than or equal to $417,000)

30 YEAR FIXED ---------------------------- 5.000%/ 4.891% APR
30 YEAR FIXED INTEREST ONLY--- 5.500%/ 5.657% APR
15 YEAR FIXED----------------------------- 4.375%/ 4.411% APR
5 / 1 ARM------------------------------------- 3.625%/ 3.294% APR
7/1 ARM ------------------------------------ 4.125%/ 3.816% APR

Monday, April 12, 2010

Hoboken Spa Lovers - Spa Week Starts Today!


Attention Spa Lovers! Today kicks off Spa Week! Here is a list of participating Spa's in our neighborhood featuring $50 treatments. Spa week usually goes until the end of this week, however Pleasant Road (and possibly others) have extended spa week into next week so call fast and book your facial ; )

Ahhhhhhhhhhh - that's better.

Massage Envy Spa - Hoboken1170 Maxwell LaneHoboken, NJ 07030 201.253.1000

http://www.spaweek.com/redirect.php?url=http://www.massageenvy.com/clinics/NJ/hoboken.aspx&spa_id=7306

At Massage Envy Spa, we believe that everyone should be able to take advantage of the wonderful therapeutic and stress relieving benefits of massage therapy and customized facials all at an affordable price.
Available Treatments
50 Min Full Body Swedish Massage or Prenatal Massage
50 Min Spring Renewal Murad Facial
50 Min Soothing Hot Stone Massage


Spa H Hoboken112 Sinatra DriveHoboken, NJ 07030 201.526.9001

http://www.spaweek.com/redirect.php?url=http://www.spa-h.com&spa_id=1842
Available Treatments
55 Min Hyluronic Herbal Massage
55 Min Hyluronic Herbal Facial


Pleasant Road Spa720 Monroe StreetHoboken, NJ 07030 201.420.6474

http://www.spaweek.com/redirect.php?url=http://www.pleasantroadspa.com/&spa_id=7463
Available Treatments
50 Min Therapeutic and Relaxing Massage
50 Min Signature Rejuvenating Facial
50 Min Chemical Peel or Microdermabrasion


One More - Not listed on SpaWeek, however I received an email from them with their spa week offers - call for more details..

Marma Day Spa
http://www.marmadayspa.com/ 1122 Washington StreetHoboken, NJ 07030 (201) 795-3635

Hoboken Mortgage Update As Some Buyer's Wait...


If you're shopping for a condo in Hoboken, you know that mortgage rates have crept up in the last few weeks from their recent low in March of 4.8%. Since then rates have inched up to 5.3%, and I've read many predictions that they will continue to go up, in the near future to at least 5.5% including Lawrence Yun himself, chief economist NAR.


Here are a few articles relating to the recent rises





On a 100,000 mortgage what does that look like? Assuming you are getting a conventional mortgage with no points, here is the scenario.

$100,000 at 4.8% looks like $480 a month.
$100,000 at 5.3% looks like $530 a month, and
$100,000 at 5.5% looks like - you guessed it, $550 a month.

If you had locked in your financing at 4.8 percent, you are saving $70 a month which over 5 years saves you $4200.

Might not seem like much, but what if you were borrowing $300,000?

4.8% = $1440
5.3% = $1590
5.5% = $1650
Now the savings really start to add up. In this scenario the savings is $210 a month, $2520 a year and $12,600.

What does this mean?

Well, if you were waiting for a condimium you saw to reduce by $10,000 or accept your bid of $10,000 lower than what the seller is willing to accept, then by waiting, you've unfortunately paid that money by financing it over just 5 years.

Bottom line: if you've found a home, consider rising interest rates and compare it against the money you are looking to save off of the price to see if truly you are saving or just financing the savings.

April so far has 20 condominiums under contract. Numbers for this past week will be reflected in the next few days' pending notifications.