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Dear Friend, This report provides my clients with current information on the Hoboken real estate market. If you know of a friend, family member, neighbor or colleague who might like this report, please let me know and I'd be happy to include them on the monthly updates. My business is built on referrals. Because I work by referral, I am able to spent my time and resources providing my clients with quality reports, hard to get information, and expert analysis, instead of prospecting. I am never too busy for your selling, buying or rental referrals. Sincerely, Brian J. Murray Brian Murray Broker Salesperson, MBA Empire Realty Group 407 Washington Street, Hoboken, NJ 07030 201-792-8300 x102 [email protected] Hoboken Real Estate Annual Report 2013 Photo by Christopher Amaral, www.christopheramaral.com

Hoboken Real Estate Annual Report 2013...The Average Days On Market of a sold property is down 20 Days in 2013 and 72 days since 2010 Hoboken to the burbs: The same inventory shortgages

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Page 1: Hoboken Real Estate Annual Report 2013...The Average Days On Market of a sold property is down 20 Days in 2013 and 72 days since 2010 Hoboken to the burbs: The same inventory shortgages

Dear Friend, This report provides my clients with current information on the Hoboken real estate market. If you know of a friend, family member, neighbor or colleague who might like this report, please let me know and I'd be happy to include them on the monthly updates. My business is built on referrals. Because I work by referral, I am able to spent my time and resources providing my clients with quality reports, hard to get information, and expert analysis, instead of prospecting. I am never too busy for your selling, buying or rental referrals. Sincerely, Brian J. Murray Brian Murray Broker Salesperson, MBA Empire Realty Group 407 Washington Street, Hoboken, NJ 07030 201-792-8300 x102 [email protected]

Hoboken Real Estate Annual Report 2013

Photo by Christopher Amaral, www.christopheramaral.com

Page 2: Hoboken Real Estate Annual Report 2013...The Average Days On Market of a sold property is down 20 Days in 2013 and 72 days since 2010 Hoboken to the burbs: The same inventory shortgages

The Hoboken Market 2013: GROWTH

A look back on 2013 shows that buyers and sellers alike enjoyed favorable market conditions which led to 33% percent increase in sales volume. For sellers the continued housing drought fueled price increases and quick sales. Despite the price increases and a bump in interest rates, the historically low interest rates have kept the cost of ownership for buyers in check. The result was a hot market with low days on market, bidding wars, and increasing prices.

Boom without the bubble. Hoboken condo sales topped 1000 in 2013. Not since the pre bubble easy money days of 2003 and 2004 has volume approached these numbers. Sale prices are also zooming past the peak of the market. It's as if the market correction of 2008 never exisited. Very few buyers who purchased in the past decade find themselves underwater.

Hoboken Condos Sales Volume Approaches 2004 Level

The most biggest impact in the 2013 Hoboken Condo market was the shrinking inventory. As inventory levels began to plummet in Q4 2010 from 500 condos for sale to 350 condos for sale in January of 2011, it was written off as expected seasonality. However, the total number of condos for sales steadily decreased throughout 2011 to 250 by January 2012. High sales volumes and lack of new construction continued the decline to 125 condos by the end of 2012. In just over two years Hoboken condo inventory was lower by 75%. 2013 saw an uptick in condos but a continued decline in months of inventory as homes were snapped up as soon as they came on the market.

Hoboken Condo Sales Volume Up 50% In Two Years

Page 3: Hoboken Real Estate Annual Report 2013...The Average Days On Market of a sold property is down 20 Days in 2013 and 72 days since 2010 Hoboken to the burbs: The same inventory shortgages

Hoboken Real Estate Market Report: ANNUAL REPORT 2013

[email protected] EMPIRE Realty Group Information provided by Hudson County MLS, deemed reliable but not guaranteed.

Housing Drought Continues 2013 was marked by low inventory. If homes were water, there would be no sprinklers (if there were lawns to water) Its not so much a housing shortage as much as a drought. No size and no price range was immune to the effects of rabid buyers. For much of 2013 the months of inventory hovered around 2-3 months in every size range.

Prices At Near Peak: Forget pre-bubble. Hoboken didn't experience a bubble pop until Wall Street crashed at the end of 2008 while the rest of the country felt a softening of the housing market in 2005 and 2006. With prices up 12% over the past year, prices are back to 2007 levels. Overall Hoboken lost 20% almost overnight at the end of 2008 and gained it all back since. The biggest gainers in 2013 were the one bedroom condos that rose 20% in value.

Hoboken Condo Prices up 12% Hurricane Sandy Hangover? 2013: The Year Without A Hurricane. Buyers have short term memories. Many of today's buyers were not in the market during Sandy's aftermath. Now be hailed as a perfect storm scenario in many circles, Sandy has had little impact on the market with the exception of true basement homes and lower level homes in the lowest most flood prone parts of Hoboken. Sandy’s lasting effects will likely be seen in the new building codes and increased flood insurance premiums that went live on October 1st.

Page 4: Hoboken Real Estate Annual Report 2013...The Average Days On Market of a sold property is down 20 Days in 2013 and 72 days since 2010 Hoboken to the burbs: The same inventory shortgages

Hoboken Real Estate Market Report: ANNUAL REPORT 2013

[email protected] EMPIRE Realty Group Information provided by Hudson County MLS, deemed reliable but not guaranteed.

Along with volume increases, prices are shifting upwards. The past four years shows the trend from a peak in $400k range to now a peak in the $500k range and strength in the $600k range as well.

The 1 % Discount

If you are looking for a bargain, try Wal-Mart. Discounts are few. With few short sales affecting the market, condos that sell are selling for an average discount off of the ask price of 1%. The list to ask ratio is much higher than in past years and is a result of low inventory and bidding wars. (This discount is off of the final ask price before a contract and does into take into account original prices that may have been reduced one or multiple times.)

Page 5: Hoboken Real Estate Annual Report 2013...The Average Days On Market of a sold property is down 20 Days in 2013 and 72 days since 2010 Hoboken to the burbs: The same inventory shortgages

Hoboken Real Estate Market Report: ANNUAL REPORT 2013

[email protected] EMPIRE Realty Group Information provided by Hudson County MLS, deemed reliable but not guaranteed.

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2013 Market Snapshot (Condos)

•Total Sold 1012 •Avg. Days on Market 35 •Avg. Sold Price $581,573 •Median Sold Price $540,000 •Avg. sale price to list price 99.1% •Total Sales Volume: $588,552,385 •Min Sale $133,000 •Max Sale $1,975,000

Page 6: Hoboken Real Estate Annual Report 2013...The Average Days On Market of a sold property is down 20 Days in 2013 and 72 days since 2010 Hoboken to the burbs: The same inventory shortgages

Hoboken Real Estate Market Report: ANNUAL REPORT 2013

[email protected] EMPIRE Realty Group Information provided by Hudson County MLS, deemed reliable but not guaranteed.

Sellers: With inventories 75% lower in just 3 years and sales volume up 50%, where are all the new homes? There are several contributing factors. 1) With the exception of Toll Brothers, no new construction projects of any size have come to market in the past three years. 2) Sellers, who may have in the past sold and moved to the suburbs, have enjoyed skyrocketing rental income and lower mortgage payments. Keeping the second home that is cash flow positive is a better alternative to selling at a breakeven price.

Sellers are always behind the market. This is mainly due to the fact that seller pricing is based on sold comparables. These comparables are two months behind reality. Sellers like to see what has sold in the past year, six months, three months, and even this week. The reality is that this week's sold data is two or three months old, sometimes even more. Contracts are what counts. The Contracts By Month 2013 graph shows robust volume. As prices rose rapidly sellers were behind the curve.

The Average Days On Market of a sold property is down 20 Days in 2013 and 72 days since 2010

Hoboken to the burbs: The same inventory shortgages plaguing Hoboken are also found in the Burbs. From Ridgewood to Summit and beyond, buyers are having a hard time finding a home to buy. Moreover the competition is armed with cash and ready to buy. A buyer needing to sell their home in order to pay for the new home is at a distinct disadvantage in this market. Luckily, it’s a seller’s market. There are ways to compete.

Page 7: Hoboken Real Estate Annual Report 2013...The Average Days On Market of a sold property is down 20 Days in 2013 and 72 days since 2010 Hoboken to the burbs: The same inventory shortgages

Hoboken Real Estate Market Report: ANNUAL REPORT 2013

[email protected] EMPIRE Realty Group Information provided by Hudson County MLS, deemed reliable but not guaranteed.

Buyers: The operative phrase for Hoboken buyers in 2013 was ” Buy It, If You Can Find It”. Historically low interest rates seemed to have buyers getting in while the going was good. Inventories and sales rates left three to four months of inventory. As inventory levels dipped to two-three month levels, competition rose among buyers. Days on market began to fall and many attractive properties would have multiple offers within a week Bidding wars were the norm.

WHO BOUGHT IN 2013 AND WHY? Move up buyers, especially three bedroom buyers, were left scrambling for homes that were rare. Unexpectedly, two bedroom buyers, the bulk of the market, were scrambling to find suitable homes. As interest rates rose, buyers realized the value of real estate. No where is the confidence in the Hoboken market more pronounced than the one bedroom market. Typically, the hallmark of first time buyers, the one bedroom market saw a 40% increase in volume.

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Page 8: Hoboken Real Estate Annual Report 2013...The Average Days On Market of a sold property is down 20 Days in 2013 and 72 days since 2010 Hoboken to the burbs: The same inventory shortgages

Hoboken Real Estate Market Report: ANNUAL REPORT 2013

[email protected] EMPIRE Realty Group Information provided by Hudson County MLS, deemed reliable but not guaranteed.

PRICE OR AFFORDABILTY? Far more important than price for most buyers is the question they never ask. What is the affordability? Affordability is the long-term cost of ownership. Mortgage rates have been at historic lows. If the rates go up by even 1% and a buyer holds out, hoping for a price drop of 10%, the cost of ownership is still higher! Which scenario is more likely? Prices going down by 10% or interest rates going up by 10%.

Buyers can’t take the blame. National media reports fuel buyer fears. Yet, these housing market reports focus little on the local economy that drives prices. In Hoboken, easy commutes to the city and a 50% discount off of Manhattan prices still sends a steady stream of would be New Yorkers across the Hudson. While there are deals to be found, sellers are not giving the property away. Sellers don’t have to discount. Buyers need to become comfortable with multiple bid situations, large downpayments, and immediate decision making. Often buyers only gain this level of mastery through the cruel teacher named Experience.

Page 9: Hoboken Real Estate Annual Report 2013...The Average Days On Market of a sold property is down 20 Days in 2013 and 72 days since 2010 Hoboken to the burbs: The same inventory shortgages

Hoboken Real Estate Market Report: ANNUAL REPORT 2013

[email protected] EMPIRE Realty Group Information provided by Hudson County MLS, deemed reliable but not guaranteed.

The One Bedroom Market: The one bedroom market exploded in 2013. Comprising 32.5 % of sales, the sales volume number of one bedroom condos was up forty percent (40%) Prices outperformed the broader market by eight percent ( 8%).

One bedroom buyers were the fence sitters of previous years. As the economy and buyer sentiment improved, first time buyers rushed into this market to take advantage of interest rates.

One Bedroom Market Snapshot •Total Sold 326 •Avg. Days on Market 35 •Avg. Sold Price $430,591 •Avg. sale price to list price 98.8% •Vs. 2012: Avg sold price up 20%, volume up 40%

Highest Priced: Lowest Priced: 1500 Garden St #8E 130 Adams St #4 Price $983,000 Price $133,000 Sqft. 1479 Sqft. 519

Page 10: Hoboken Real Estate Annual Report 2013...The Average Days On Market of a sold property is down 20 Days in 2013 and 72 days since 2010 Hoboken to the burbs: The same inventory shortgages

Hoboken Real Estate Market Report: ANNUAL REPORT 2013

[email protected] EMPIRE Realty Group Information provided by Hudson County MLS, deemed reliable but not guaranteed.

The Two Bedroom Market: Two Bedrooms account for almost 60% of the typical market. In 2012, 54.5% of the sold condos were two bedrooms. There is an extremely wide range of options from sub-600 sqft one-bath condos, to sprawling 2000 sqft homes with city views. This segment of the market has seen its prices increase 9.3% year over year. Volume is up 29%. The average days on market for this segment is down to a staggering low 33days. Median days on the market is 20!

The two bedroom market benefits the most in a strong market and is hardest hit in a weak market. It is the standard bearer of the market. It’s size and large volume make it the hardest to sell in a low volume market. (price notwithstanding) Buyers have a lot of two bedroom choices regardless of a buyer’s particular wish list except in 2013 when many properties sold in a week or less.

Two Bedroom Market Snapshot •Total Sold 546 •Avg. Days on Market 33 •Avg. Sold Price $619,852 •Avg. sale price to list price 99.3% •Vs. 2012: Avg sold price up 9.3%, volume up 29%

Highest Priced: Lowest Priced: 1125 Maxwell Lane #1028 410 Adams St #2L Price $1,950,415 Price $256,750 Sqft. 1622 Sqft. 484

Page 11: Hoboken Real Estate Annual Report 2013...The Average Days On Market of a sold property is down 20 Days in 2013 and 72 days since 2010 Hoboken to the burbs: The same inventory shortgages

Hoboken Real Estate Market Report: ANNUAL REPORT 2013

[email protected] EMPIRE Realty Group Information provided by Hudson County MLS, deemed reliable but not guaranteed.

The Three Plus Bedroom Market: This segment remains the most interesting part of the market. Due to the small number of closed properties individual properties can have a big impact on the averages. Fewer buyers were able to take advantage of the lower prices and interest rates to upgrade. Families are increasingly interested in moving into larger space to accommodate growing families. The average sales price was up 8.4% from last year and as volume increased 52%. These numbers, however, should be viewed while keeping in mind that average supply of three bedrooms fluctuated between two and three months of inventory for 2013.

Three Plus Bedroom Market Snapshot •Total Sold 117 •Avg. Days on Market 41 •Avg. Sold Price $865,380 •Avg. sale price to list price 99% •Vs. 2012: Avg. sold price up 8.4%, volume up 52%

Highest Priced: Lowest Priced: 310 Park Avenue #1 709 Adams St #2 Price $1,975,000 Price $375,000 Sqft. 3023 Sqft. 1756

Page 12: Hoboken Real Estate Annual Report 2013...The Average Days On Market of a sold property is down 20 Days in 2013 and 72 days since 2010 Hoboken to the burbs: The same inventory shortgages

Hoboken Real Estate Market Report: ANNUAL REPORT 2013

[email protected] EMPIRE Realty Group Information provided by Hudson County MLS, deemed reliable but not guaranteed.

Single and Multi-family Homes: Some words about brownstones. The limited inventory and number of sales make comparisons thin at best. Brownstones’ value vary greatly based on size and condition of the property. A year-end summary is presented but should be viewed from a macro point of view as it relates to the market as a whole and not to any particular property.

Multi-family brownstones: The investor’s dream. Yet, most multi-families cost a premium. Meaning if you lived in the owner’s unit and rented out the other apartments you would have less money monthly than if you bought a comparable condo to live in and didn’t collect the smallish rents which do not offset the larger mortgage on a multi-family.

Single Family Home Market Snapshot •Total Sold 35 •Avg. Days on Market 46 •Avg. Sold Price $1,325,314 •Avg. sale price to list price 97.8% •Highest Sale Price $2,300,000

Multi-Family Home Market Snapshot •Total Sold 28 •Avg. Days on Market 80 •Avg. Sold Price $1,110,901 •Avg. sale price to list price 99.5% •Highest Sale Price $1,840,000

Page 13: Hoboken Real Estate Annual Report 2013...The Average Days On Market of a sold property is down 20 Days in 2013 and 72 days since 2010 Hoboken to the burbs: The same inventory shortgages

Hoboken Real Estate Market Report: ANNUAL REPORT 2013

[email protected] EMPIRE Realty Group Information provided by Hudson County MLS, deemed reliable but not guaranteed.

Mortgages: Rates on the Rise! Mortgage Volatility! Fed Tapering! Strict Lending and Condo Guidelines! It was the best of times... Mortgage rates are low. It was the worst of times…Lending standards have stiffened considerably, rates on the rise, mortgage volatility, and FED tapering. For buyers, credit scores are critical these days and will have a real impact on your rates. Buyers meeting with lenders to become pre-qualified up front (before looking at condos) is more common. Sellers are starting to ask for proof of funds with offers too. This practice will become more prevalent as sellers are not looking to just the bottom line ask price but to the likelihood that the buyer will qualify for a mortgage.

On the flipside, more sellers, especially on the high end, are getting appraisals performed before the home is marketed. Since appraisers have fewer comparables, certain segments are extremely hard to value using the old methods. Sellers may not agree with the appraisers numbers but at a minimum the seller will know what the buyer is looking at when the bank goes to underwrite the loan.

The Pre-Approval Gone are the days where a mortgage professional should issue a pre-approval simply by speaking to you over the phone. Buyers must get their financial information verified, including tax returns and income statements. It will be a troubling and a tumultuous road through the mortgage process, if a buyer is not prepared to provide every minutae of documentation.

Special thanks to Joseph Berg, VP Mortgage Banker Amber Sky Home Mortgage LLC (201) 214.8393 Direct [email protected]

Page 14: Hoboken Real Estate Annual Report 2013...The Average Days On Market of a sold property is down 20 Days in 2013 and 72 days since 2010 Hoboken to the burbs: The same inventory shortgages

Hoboken Real Estate Market Report: ANNUAL REPORT 2013

[email protected] EMPIRE Realty Group Information provided by Hudson County MLS, deemed reliable but not guaranteed.

The Appraisal Challenge With limited inventory and rising prices in Hoboken, multiple bids/offers can drive up accepted prices. Buyers submitting offers MUST understand that lenders will only lend on the LESSER of the purchase price or appraised value when determining loan-to-value. If a buyer and seller agree to terms and the appraisal comes in lower than the purchase price, the buyer may have to make up the additional monies out of pocket to meet their loan terms. For Example: If a buyer agrees to put 20% down on a $700,000 condo, the down payment would be $140,000 with a $560,000 loan amount. If the appraisal comes in at $680,000.00, the buyer would need to put additional $20,000.00 down, increasing the down payment to $160,000. Down payments are something every buyer should be cognizant of, especially when in a bidding war. Sellers are looking for larger down payments when accepting offers on multiple bids and asking for appraisal contingency waivers when evaluating offers.

4 Key Questions For Condo Approvals The key questions when buying a condo in Hoboken are:

1. How many total units are in the building? How many are rentals? How many are Owner Occupied?

2. How many of the total units are delinquent on their HOA Fees? 3. Does the current budget for the association allocate 10% to their reserve account? 4. Is there any pending litigation?

Buyers should get the answers to these questions upfront during attorney review. The answers can affect your interest rate, down payment amount, and ability to borrow . As an additional hurdle, Fannie Mae has new lending guidelines. There are more stringent requirements on the owner occupied percentage and the financials of the condo association. Additionally, building litigation by the homeowner's association, no matter how trivial, scares away most lenders. These new requirements are causing buyers to make last minute switches in lending institutions and delayed closings.

Page 15: Hoboken Real Estate Annual Report 2013...The Average Days On Market of a sold property is down 20 Days in 2013 and 72 days since 2010 Hoboken to the burbs: The same inventory shortgages

Hoboken Real Estate Market Report: ANNUAL REPORT 2013

[email protected] EMPIRE Realty Group Information provided by Hudson County MLS, deemed reliable but not guaranteed.

HISTORICAL TRENDS

Page 16: Hoboken Real Estate Annual Report 2013...The Average Days On Market of a sold property is down 20 Days in 2013 and 72 days since 2010 Hoboken to the burbs: The same inventory shortgages

Hoboken Real Estate Market Report: ANNUAL REPORT 2013

[email protected] EMPIRE Realty Group Information provided by Hudson County MLS, deemed reliable but not guaranteed.

The Road Ahead?

350 Condos available Jan 2011, 186 Condos available Jan 2012

119 Condos available Jan 2013, 155 Available Jan 2013

The National Numbers

Page 17: Hoboken Real Estate Annual Report 2013...The Average Days On Market of a sold property is down 20 Days in 2013 and 72 days since 2010 Hoboken to the burbs: The same inventory shortgages

Condos Sold 2013

Address Unit Sq Ft Days On Market Bedrooms Sold Price647 GARDEN ST 2E 250 52 0 $133,000129 HARRISON ST 3 482 62 0 $200,000500 HUDSON ST 4A 368 19 0 $225,000230 BLOOMFIELD ST 102 345 18 0 $233,000100 CLINTON ST 5C 560 305 0 $240,000100 CLINTON ST 3C 445 153 0 $247,000228 BLOOMFIELD ST 2 393 169 0 $252,250130 ADAMS ST 4 519 186 1 $252,5001115 WILLOW AVE 1 660 110 1 $255,000410 ADAMS ST 2L(3) 484 2 2 $256,750412 WASHINGTON ST 1C 504 91 0 $257,000330 MADISON ST 5 520 35 1 $259,000712-714 WILLOW AVE 5D 463 86 1 $260,000832 WASHINGTON ST 6 450 15 1 $264,000327 MONROE ST 4 600 11 1 $265,000718 GRAND ST 1 123 1 $265,000130 BLOOMFIELD ST 6 583 58 0 $265,000606 1ST ST 3 616 0 1 $265,00060 MONROE ST 8 550 71 1 $267,5001132 WILLOW AVE 3L 443 55 1 $270,0001026 WASHINGTON ST 5R 450 74 1 $270,00086 MONROE ST 4R 573 234 1 $270,000605 1ST ST 2L/3 500 72 1 $272,000711 WILLOW AVE 1a 411 29 1 $273,000102-104 WASHINGTON ST 4B 19 1 $273,500330 MADISON ST 3 520 14 1 $275,000222 MADISON ST 5 (3L) 567 21 1 $275,000118 JEFFERSON ST 1L 77 1 $275,000402 9TH ST E4F 511 103 0 $276,000307 MONROE ST 4 540 128 1 $276,000601 MONROE ST 4C 600 49 1 $280,000333 MONROE ST 2B 640 30 1 $280,0001132 WILLOW AVE 3R 516 38 1 $280,000320 MADISON ST 5 550 63 2 $280,000520 JEFFERSON ST 1 600 23 1 $280,000533 MONROE ST 4A 520 120 1 $281,000601 MONROE ST 4B 600 7 1 $281,000204 WILLOW AVE 4L 550 5 1 $283,000114 MONROE ST 4R 587 33 1 $285,000601 MONROE ST 1A 600 158 1 $285,000300 PARK AVE 8 550 25 2 $286,000423 JEFFERSON ST 12 523 48 1 $286,20083 JEFFERSON ST 6 503 10 1 $287,000700 1ST ST 4S 600 48 0 $287,000232 BLOOMFIELD ST 3S 485 32 1 $287,000214 JEFFERSON ST 3S 602 7 1 $287,500712-714 WILLOW AVE 1D 472 9 1 $289,900320 MADISON ST 8 600 22 2 $290,000135 GARDEN ST 2 600 21 1 $290,000732 ADAMS ST 5B 550 122 2 $290,000421 JACKSON ST 3B 617 13 1 $290,000921 WILLOW AVE 9 650 105 1 $290,000627 WILLOW AVE 3 730 0 1 $292,000222 MADISON ST 1R 500 11 1 $292,000556 1ST ST 7 828 30 2 $295,0001013 PARK AVE 2R 553 59 1 $298,000809 WILLOW AVE 2L 468 8 0 $299,000317 WILLOW AVE 1 598 14 1 $299,000730-732 ADAM ST 5B 48 2 $299,000201 WASHINGTON ST 305 500 6 1 $300,000734 ADAMS ST 3A 29 2 $305,000457 2ND AVE UNIT 2 1B 87 1 $305,000608 MADISON ST 4 541 76 1 $310,000322 MADISON ST 7 606 48 1 $310,000333 MONROE ST 1A 565 41 1 $310,000231 GRAND ST 4L 662 19 1 $311,500414 MADISON ST 1L 600 38 1 $313,000159-161 NEWARK ST 2C 618 21 1 $313,000322 MADISON ST 5 606 12 1 $314,000815 PARK AVE 6 701 113 2 $315,000805 PARK AVE 4R 701 49 2 $316,000157 7TH ST 4 8 1 $319,000811 PARK AVE 3R 701 341 2 $319,000831 CLINTON ST 11 602 33 1 $320,000406 4TH ST 2 560 2 1 $320,000228 BLOOMFIELD ST 4 830 136 1 $320,000333 ADAMS ST 6 556 40 1 $322,000519 ADAMS ST 4 649 22 1 $324,519

All information deemed reliable but not guaranteed

Page 18: Hoboken Real Estate Annual Report 2013...The Average Days On Market of a sold property is down 20 Days in 2013 and 72 days since 2010 Hoboken to the burbs: The same inventory shortgages

Condos Sold 2013

410 ADAMS ST 1L 590 8 1 $325,000622 PARK AVE 4A 553 31 2 $325,000414 MADISON ST 2R 633 65 1 $325,000317 WILLOW AVE 2 630 7 1 $328,000421 ADAMS ST 1R 550 64 1 $329,000805 PARK AVE 10 701 17 2 $329,000718 GRAND ST 4 546 3 1 $330,0001212 WASHINGTON ST 4N 654 21 1 $330,000916 PARK AVE 171 639 22 1 $331,000152 6TH ST 3 521 7 1 $335,000813 WILLOW AVE 4S 702 13 1 $335,000518 PARK AVE 3L 550 27 1 $335,000131 MONROE ST 1N 615 28 1 $336,000515 WILLOW AVE 5 535 27 1 $337,500224 MADISON ST 1B 590 9 2 $337,500131 BLOOMFIELD ST G 620 22 1 $337,500712-714 WILLOW AVE 5A 637 13 1 $339,0001109 WILLOW AVE 202 660 6 1 $340,000412 MONROE ST 7 695 16 1 $340,0001210 WASHINGTON ST 5N 630 30 1 $340,000126 GARDEN ST 3 19 1 $340,0001107 WASHINGTON ST 8 761 32 1 $340,000412 MONROE ST 10 694 36 1 $340,000622 PARK AVE 3B 560 15 1 $340,000128 MADISON ST 3S/3L 600 5 1 $342,500910 WILLOW AVE 3 725 67 1 $342,500152 6TH ST 4 603 11 1 $345,000218 WASHINGTON ST 2A 508 15 1 $345,0001107 WASHINGTON ST 6 775 29 1 $346,000518 PARK AVE 2R 555 24 1 $349,000412 MONROE ST 3 695 4 1 $349,999212-214 MADISON ST 4A 503 50 1 $350,000208 WILLOW AVE 203 630 150 1 $350,00080-82 BLOOMFIELD ST 2C 600 24 0 $350,000228 MONROE ST 2FN 738 9 1 $350,000230 MONROE ST 1S 702 33 1 $352,000258 9TH ST 1 700 70 1 $352,500201 WASHINGTON ST 401 565 7 1 $353,000326 MONROE ST 5 612 64 1 $354,000625 WILLOW AVE 4L 600 6 1 $354,500367 1ST ST 3 670 27 1 $355,000224 MONROE ST 2FS 738 25 1 $355,0001011 PARK AVE 2L 553 3 1 $355,000419 ADAMS ST 1A 660 7 1 $359,000159 14TH ST 4L 875 24 2 $360,000300 PARK AVE 6 550 42 1 $360,000409 ADAMS ST 2 560 43 1 $360,0001025 WASHINGTON ST 4R 682 29 1 $362,00066 MONROE ST 1 700 35 1 $365,00072 PARK AVE 2D 670 36 1 $365,000818 JEFFERSON ST 5C 689 10 1 $365,000323-325 JACKSON ST 201 14 2 $365,00091 GARDEN ST 4 731 56 1 $367,000636 5TH ST 406 750 0 1 $367,500910 WILLOW AVE 4 700 22 1 $367,500123 WASHINGTON ST 2-R 606 22 1 $367,5001108 PARK AVE 5R (10) 812 31 2 $367,5001025 WASHINGTON ST 3R 682 7 1 $368,000412 MONROE ST 2 647 46 1 $369,000616 ADAMS ST 4 608 28 1 $369,0001300 HUDSON ST A4 733 27 1 $370,0001015 WASHINGTON ST 3 648 15 1 $370,000226 MONROE ST 1N 702 21 1 $370,0001015 WASHINGTON ST 5 756 15 1 $370,00088 PARK AVE 4N 657 6 1 $370,000420 JEFFERSON ST 4D 647 51 1 $370,000129 HARRISON ST 2 840 112 1 $370,10076 JACKSON ST 3F 896 26 1 $372,500228 BLOOMFIELD ST 11 757 54 1 $375,0001115 WILLOW AVE 104 660 19 1 $375,000933 WILLOW AVE 1 660 4 1 $375,0001015 GRAND ST 3E 720 10 1 $375,000708-710 WILLOW AVE 5A 631 14 1 $375,000920 HUDSON ST 5E 900 38 1 $375,000159 14TH ST 2L 20 2 $375,000741 PARK AVE 4 661 7 2 $375,000323 JACKSON ST 302 973 48 2 $375,0001011 WILLOW AVE 2 803 25 2 $375,000709 ADAMS ST 2 1765 15 4 $375,100

All information deemed reliable but not guaranteed

Page 19: Hoboken Real Estate Annual Report 2013...The Average Days On Market of a sold property is down 20 Days in 2013 and 72 days since 2010 Hoboken to the burbs: The same inventory shortgages

Condos Sold 2013

109 JACKSON ST 2H 717 5 1 $375,500456 9TH ST 34 662 3 1 $376,000402 9TH ST E2H 705 18 1 $376,000533 MADISON ST 3C 782 20 2 $379,000228 MONROE ST 1s 702 12 1 $379,000109 JACKSON ST 2G 717 28 1 $379,00088 PARK AVE 4S 653 19 1 $379,00080 MADISON ST 7 680 12 2 $380,0001115 WILLOW AVE 402 660 23 1 $380,0001110 CLINTON ST 8 805 21 1 $380,000818 WILLOW AVE 3R 805 29 1 $380,000839 WILLOW AVE 1 743 16 2 $380,000227 MONROE ST 1R 547 12 1 $380,00084 MONROE ST 1 651 13 2 $381,0001008 WILLOW AVE 2 771 70 2 $381,0001106 WASHINGTON ST 3N 814 144 1 $383,8881115 WILLOW AVE 406 650 22 1 $385,000809 WILLOW AVE 4L 665 29 1 $385,000805 PARK AVE 1R 649 15 2 $385,000604-606 MONROE ST 6 718 95 1 $385,00068 PARK AVE 6 700 48 1 $385,0001016-1018 WILLOW AVE 405 894 132 2 $385,00080-82 BLOOMFIELD ST 4D 710 21 1 $385,5001102 WASHINGTON ST 8 680 9 1 $390,00084 MONROE ST 4 874 27 2 $390,000117 BLOOMFIELD ST 3A 636 53 1 $390,0001327 GRAND ST 209 750 69 1 $390,000519 MONROE ST 2B 35 2 $390,0001210 WASHINGTON ST 5S 953 79 2 $390,000841 WILLOW AVE 4R/5 866 17 1 $390,000725 JEFFERSON ST 25 620 7 1 $390,000163 14TH ST 2N 748 57 1 $392,00073 MADISON ST 1S 702 14 1 $394,000815 WILLOW AVE 5R 725 26 2 $394,000450 7TH ST 1K 654 41 2 $395,000222 WILLOW AVE 3B 857 10 1 $395,00074-76 MONROE ST 3 537 10 1 $395,000450 7TH ST 1Q 642 15 1 $395,000512 JEFFERSON ST 2R 708 18 1 $395,500159 14TH ST 3L 872 25 2 $399,000123 WILLOW AVE 1 618 11 1 $399,000839 WILLOW AVE 8 785 5 2 $399,000222 GRAND ST 1C 685 56 1 $399,0001222 WASHINGTON ST 5S 863 20 2 $399,000807 CLINTON ST 5D 570 26 1 $399,80774 GARDEN ST 5N 700 9 1 $399,900101 WILLOW AVE 5C 675 41 1 $399,900659 1ST ST 403 761 24 1 $399,9001015 WASHINGTON ST 34 793 57 1 $400,000535 BLOOMFIELD ST 3S 760 6 1 $400,000323 JACKSON ST 501 980 39 2 $400,0001327 GRAND ST 208 750 31 1 $400,000220 7TH ST 1 896 48 1 $400,000700 1ST ST 4L 898 21 1 $400,000219 BLOOMFIELD ST B4 663 91 1 $400,500557-559 2ND ST 4 744 81 2 $401,000920 JEFFERSON ST 402 651 114 1 $402,000807 CLINTON ST 3B 881 63 1 $402,00077 GARDEN ST 3 800 7 2 $405,000402 MONROE ST 3 1255 37 3 $405,000629 MADISON ST C 1035 89 2 $405,000700 1ST ST 5D 1212 280 2 $405,000321 BLOOMFIELD ST 1 1055 17 1 $405,995336 BLOOMFIELD ST 4 1093 19 2 $406,000161 5TH ST 2 777 10 2 $406,000803 WILLOW AVE 4N 770 41 2 $408,500163 14TH ST 8N 748 14 1 $409,000725 JEFFERSON ST 45 615 14 1 $409,0001500 HUDSON ST 8A 740 7 1 $409,0001000 HUDSON ST 102 800 98 1 $410,000729 MADISON ST 2E 809 61 1 $410,000218 WASHINGTON ST 2-B 742 8 1 $410,000219 BLOOMFIELD ST B3 693 6 1 $410,0001007 WILLOW AVE 10 821 20 2 $410,000131 MONROE ST 3N 805 6 2 $410,000604-606 MONROE ST 3 718 33 1 $410,000222 CLINTON ST 7 665 60 1 $412,00077 RIVER ST 8 702 7 1 $414,00068 PARK AVE 5 700 28 1 $414,900

All information deemed reliable but not guaranteed

Page 20: Hoboken Real Estate Annual Report 2013...The Average Days On Market of a sold property is down 20 Days in 2013 and 72 days since 2010 Hoboken to the burbs: The same inventory shortgages

Condos Sold 2013

117 BLOOMFIELD ST 4A 636 55 1 $415,000551 OBSERVER HIGHWAY 12-H 806 49 1 $415,000319 GRAND ST 2B 705 5 1 $415,000202 PARK AVE 3 810 12 2 $415,000512 JEFFERSON ST 4L 752 8 1 $415,000307 1ST ST 3 861 24 1 $415,8881201 WILLOW AVE 4R 610 7 1 $417,0001500 WASHINGTON ST 2P 735 6 0 $417,000700 1ST ST 8U 800 74 1 $418,000725 JEFFERSON ST 19 628 75 1 $419,0001015 WASHINGTON ST 43 836 26 1 $419,000400 9TH ST W3J 705 21 1 $420,000300 NEWARK ST 2D 855 33 1 $420,000700 1ST ST 5U 807 28 1 $420,000508 GRAND ST 3L 787 33 2 $420,0001123 WASHINGTON ST 1 970 29 2 $420,000411 MONROE ST 2 953 150 2 $420,000924-926 JEFFERSON ST 4C 750 49 1 $421,0001500 HUDSON ST 2T 735 99 0 $422,500329 WILLOW AVE 3F 764 28 2 $423,00074-76 MONROE ST 2 738 23 1 $423,0001003 GARDEN ST 2 750 8 1 $424,000659 1ST ST 204 777 57 1 $424,000700 1ST ST 12U 806 0 1 $425,0001015 GRAND ST 1D 740 10 1 $425,000222 GRAND ST 2E 745 12 1 $425,0001331 GRAND ST 310 752 106 1 $425,000222 GRAND ST 1F 745 9 1 $425,0001500 HUDSON ST 3A 740 34 0 $425,000636 PARK AVE 2 676 91 2 $425,0001214 WASHINGTON ST 8 760 14 2 $426,0001011 WILLOW AVE 5 850 8 2 $426,500501 9TH ST 301 792 12 1 $427,500261 4TH ST 1 814 27 1 $429,000133 PARK AVE 1 910 37 2 $430,0001115 WILLOW AVE 309 775 8 2 $430,0001500 HUDSON ST 11S 735 78 1 $430,000908 GARDEN ST 2 841 90 2 $430,000953 BLOOMFIELD ST 3 900 26 2 $430,000318-320 PARK AVE 2B 760 27 1 $430,000300 NEWARK ST 4K 855 44 1 $430,000222 GRAND ST 4I 850 14 1 $430,000264 7TH ST 1 1065 109 2 $430,500807-809 GARDEN ST 1 736 14 1 $431,000659 1ST ST 209 746 17 1 $432,000222 WILLOW AVE 1B 819 23 1 $432,500623 MADISON ST 2B 1000 41 2 $434,000618 MONROE ST 4 1324 35 2 $434,5001500 HUDSON ST 10a 740 32 1 $435,000744 PARK AVE 3L 750 30 2 $435,0001325 ADAMS ST 402 758 5 1 $435,0001501 GARDEN ST 5J 702 17 1 $435,0001115 WILLOW AVE 109 775 26 2 $435,000636 PARK AVE 4 23 2 $435,000636 PARK AVE 3 23 2 $435,0001108 PARK AVE 7 (4L) 812 18 2 $435,000135 PARK AVE 3 850 23 2 $435,000221 CLINTON ST 3R 751 53 2 $437,500901 WILLOW AVE 3 912 94 1 $437,5001500 WASHINGTON ST 3J 735 130 1 $437,5001106 PARK AVE 4L 812 50 2 $438,600420 JEFFERSON ST 4C 854 0 2 $438,888725 JEFFERSON ST 29 759 21 1 $439,000329 WILLOW AVE 5F 797 57 2 $439,0001009 WILLOW AVE 4R 800 15 2 $439,000708 GARDEN ST 3 856 20 2 $440,0001006 GARDEN ST 3 850 4 1 $440,000222 GRAND ST 4F 820 20 1 $440,000253 10TH ST 1L 900 11 2 $440,0001201 ADAMS ST 209 705 6 1 $440,000807-809 GARDEN ST 4 800 14 2 $440,000409 4TH ST 2 836 16 2 $441,000805 WILLOW AVE 2L 735 32 2 $442,0001200 GRAND ST 507 705 5 1 $442,50080-82 BLOOMFIELD ST 2B 804 20 1 $442,525155 14TH ST 2R 750 31 1 $443,00070 ADAMS ST 5B 745 13 1 $443,500800 JACKSON ST 411 812 81 1 $444,000300 NEWARK ST 8D 28 1 $444,000

All information deemed reliable but not guaranteed

Page 21: Hoboken Real Estate Annual Report 2013...The Average Days On Market of a sold property is down 20 Days in 2013 and 72 days since 2010 Hoboken to the burbs: The same inventory shortgages

Condos Sold 2013

1500 HUDSON ST 2A 740 18 0 $444,9951500 HUDSON ST 3t 735 90 1 $445,000300 NEWARK ST 3K 855 28 1 $445,000512 JEFFERSON ST 1L 734 43 1 $445,000723 WILLOW AVE 1R 890 19 2 $445,000450 7TH ST 3E 875 90 2 $445,000812 WASHINGTON ST 1 750 7 2 $445,812953 BLOOMFIELD ST 4 902 46 2 $447,500402 9TH ST E4C 803 12 1 $448,000659 1ST ST 406 937 15 1 $449,000830 MONROE ST 3H 906 19 1 $450,000659 1ST ST 206 937 37 1 $450,000800 JACKSON ST 612 786 49 1 $450,00080 PARK AVE 4D 829 15 1 $450,000222 GRAND ST 1G 830 75 2 $450,000729 MADISON ST 3E 809 26 1 $450,0001000 HUDSON ST 504 815 22 1 $450,0001500 HUDSON ST 10T 735 2 0 $450,000521 ADAMS ST 3 1323 0 2 $450,000402 9TH ST 3L 920 11 1 $450,000400 ADAMS ST 2 1100 17 2 $450,000830 MONROE ST 2C 860 26 1 $450,000729 MADISON ST 3C 993 63 2 $450,000253 10TH ST G1 970 16 2 $452,500725 JEFFERSON ST 35 759 8 1 $452,500208 WILLOW AVE 403 910 40 2 $455,000805 WILLOW AVE 3R 735 26 2 $455,0001100 ADAMS ST 310 958 74 1 $455,000812 GRAND ST 317 929 26 1 $456,812933 WILLOW AVE 2B/2L 900 38 2 $457,000800 JACKSON ST 411 812 0 1 $457,500800 JACKSON ST 405 800 12 1 $457,500811 WASHINGTON ST 1L 750 42 2 $459,5001000 HUDSON ST 502 800 45 1 $460,0001500 GARDEN ST 7J 702 87 1 $460,0001500 HUDSON ST 9O 725 21 1 $460,000800 JACKSON ST 813 864 19 1 $460,0001120 CLINTON ST 4C 910 84 1 $460,000700 1ST ST 9T 1019 4 2 $460,000518-520 MONROE ST 4B 1247 37 2 $460,0001300 HUDSON ST B5 884 63 1 $460,0001008 GARDEN ST 4 810 13 2 $465,000915 MADISON ST 2A 900 41 1 $465,000420 JEFFERSON ST 5C 7 2 $465,000800 JACKSON ST 605 800 11 1 $465,00094 MONROE ST 1 1000 5 3 $467,5002 CONSTITUTION CT 708 726 21 1 $468,0001300 GRAND AVE 214 806 15 1 $469,000402 9TH ST E3E 890 42 1 $469,000531 JEFFERSON ST 9 829 8 2 $469,000224-226 WILLOW AVE 6 990 15 1 $469,000118 CLINTON ST 3L 850 38 2 $470,000800 JACKSON ST 913 864 20 1 $470,000624 JEFFERSON ST B 1000 17 2 $470,000924-926 JEFFERSON ST 2B 800 8 1 $472,000728 WILLOW AVE 2L 827 46 2 $472,500409 4TH ST 4 829 51 2 $475,000717 WILLOW AVE 5 812 27 2 $475,000332 MONROE ST 4 1119 13 2 $475,000129 HARRISON ST 1 1312 29 2 $475,000812 GRAND ST 319 937 25 1 $475,0001025 MAXWELL LANE 815 701 84 0 $475,000606 PARK AVE 4 1148 160 2 $475,000635 6TH ST 4C 1130 21 2 $475,2001021 GRAND ST 1D 904 52 1 $475,500700 1ST ST 2T 1019 13 2 $476,0001115 WILLOW AVE 413 900 7 2 $477,000309 2ND ST 2 840 50 2 $477,500901 GARDEN ST 3 907 12 1 $479,000723 WILLOW AVE 1L 885 6 2 $479,000551 OBSERVER HIGHWAY 7C 1114 0 2 $480,000600 HUDSON ST 1E 862 35 1 $480,000618 MONROE ST 3 1324 40 3 $480,000636 5TH ST 201 1169 24 2 $480,000933 GARDEN ST 2 813 0 2 $480,000102-104 WASHINGTON ST 3A 1087 36 3 $480,0001228 PARK AVE 1 947 143 2 $480,000611 WILLOW AVE 3 943 11 2 $481,000700 1ST ST 8m 1144 21 2 $482,000

All information deemed reliable but not guaranteed

Page 22: Hoboken Real Estate Annual Report 2013...The Average Days On Market of a sold property is down 20 Days in 2013 and 72 days since 2010 Hoboken to the burbs: The same inventory shortgages

Condos Sold 2013

818 JEFFERSON ST 3B 920 23 2 $482,500312 MADISON ST 5C 1000 37 2 $482,500501 9TH ST 207 955 3 2 $484,9001450 WASHINGTON ST 622 694 200 0 $484,995151 2ND ST 5E 820 42 2 $485,0001200 GRAND ST 230 830 27 1 $485,000900-912 JEFFERSON ST 2C 751 1 1 $485,0001201 ADAMS ST 205 900 29 1 $485,000703 PARK AVE 7 1004 16 2 $485,0001500 HUDSON ST 9K 735 9 1 $485,000700 1ST ST 4C 1144 0 2 $485,000700 1ST ST 9C 1144 6 2 $485,000827 GARDEN ST 4 1015 36 2 $485,0001500 WASHINGTON ST 12W 735 66 0 $485,063901 GARDEN ST 1 835 6 1 $488,000309 2ND ST 3 838 5 2 $489,00083 MONROE ST 3D 1000 57 1 $489,0001100 ADAMS ST 308 969 13 1 $489,0001030-1032 WILLOW AVE 3 1000 9 2 $490,0001300 PARK AVE 4A 950 19 3 $490,000312 MADISON ST 2B 1100 29 2 $490,000513 JEFFERSON ST 1 925 19 2 $490,000551 OBSERVER HIGHWAY 9D 1166 72 2 $490,0001015 GRAND ST 5F 908 7 2 $492,0001010 WILLOW AVE 4 1050 32 2 $493,000518-520 MONROE ST 4A 1161 159 2 $494,0001500 WASHINGTON ST 5T 735 137 1 $495,000703 PARK AVE 10 1190 136 2 $495,000901 WILLOW AVE 4 950 14 1 $495,000611 WILLOW AVE 4 1019 21 2 $495,00082 JACKSON ST B7 1236 20 2 $495,000606-608 CLINTON ST 2 1360 157 2 $495,000208 PARK AVE 4L 840 15 2 $496,000603 JEFFERSON ST 1 960 11 2 $499,000214 PARK AVE 3R 930 4 2 $499,0001500 WASHINGTON ST 9J 735 10 0 $499,0001330 CLINTON ST 202 1029 19 2 $499,000125 MONROE ST 2 1608 38 4 $499,100610 NEWARK ST 2A 1005 13 2 $499,90072 PARK AVE 2A 800 18 1 $500,000913-915 WILLOW AVE 4A 1157 17 2 $500,0001201 WILLOW AVE 4F 860 49 2 $500,000332 MONROE ST 2 1119 77 2 $500,0001029 GARDEN ST 4 1060 112 2 $500,000501 MONROE ST 1 1142 41 2 $500,000700 1ST ST 3N 1201 0 2 $501,00089 GRAND ST C 1045 11 2 $501,000621 MONROE ST 2B 1275 43 2 $501,000636 5TH ST 207 1132 3 2 $503,000812 GRAND ST 405 929 51 1 $504,000734 ADAMS ST 1C 6 3 $505,000635 6TH ST 2b 1060 25 2 $505,000309 2ND ST 1 850 16 2 $505,000511-515 MADISON ST 304 974 10 1 $505,0001500 WASHINGTON ST 7H 735 26 1 $507,0001200 GRAND ST 632 1001 21 1 $509,777308 BLOOMFIELD ST 1 896 23 2 $510,000415 NEWARK ST 6F 1200 48 2 $510,0001110 CLINTON ST 1 1182 44 3 $510,000904 JEFFERSON ST 6A 909 23 1 $510,0001200 GRAND ST 401 1027 53 1 $510,00075 MONROE ST 2 1390 13 3 $510,000129 HARRISON ST 6 1312 105 2 $510,000703 PARK AVE 6 1004 0 2 $512,000456 9TH ST 15 1050 11 2 $515,0001100 CLINTON ST 401 1050 29 2 $515,000133 PARK AVE 3 887 108 2 $515,000744 PARK AVE 5R 956 15 2 $515,000500 HUDSON ST 5B 904 17 2 $515,000826 WASHINGTON ST 3 1216 13 2 $515,000921 GARDEN ST 2 1022 7 2 $515,000317 MONROE ST 3 1318 16 2 $515,000735 GARDEN ST 2nd Floor 900 26 2 $515,000129 HARRISON ST 8 1312 95 2 $515,000728 WILLOW AVE 1L 950 49 2 $516,000456 9TH ST 19 1043 74 1 $518,000561 1ST ST 2 1024 20 2 $519,900511-515 MADISON ST 403 974 15 1 $520,000419 BLOOMFIELD ST 4 964 9 2 $520,000

All information deemed reliable but not guaranteed

Page 23: Hoboken Real Estate Annual Report 2013...The Average Days On Market of a sold property is down 20 Days in 2013 and 72 days since 2010 Hoboken to the burbs: The same inventory shortgages

Condos Sold 2013

700 1ST ST 14M 1144 23 2 $520,0001200 GRAND ST 332 1027 14 1 $520,000214 WILLOW AVE 2A 950 15 2 $522,714700 1ST ST 16PF 970 15 1 $523,000209 GARDEN ST 1 900 11 2 $524,000814 WASHINGTON ST 3 1123 15 1 $525,000911 WILLOW AVE 2 858 11 2 $525,000614 MONROE ST A 1125 16 2 $525,0001500 HUDSON ST 2D 1000 112 1 $525,000108-112 MONROE ST 2C 1137 20 2 $525,000827 GARDEN ST 4th Fl 1100 16 2 $525,000728 WILLOW AVE 2 (1R) 939 21 2 $525,000830 MONROE ST 3C 1006 12 2 $525,0001108 HUDSON ST 2B 900 0 2 $525,0001115 WILLOW AVE 210 950 4 2 $526,0001500 WASHINGTON ST 4C 895 101 1 $527,500133 PARK AVE 4 907 50 2 $529,133530 MADISON ST 2C 1079 84 2 $530,0001001 CLINTON ST 3A 946 23 2 $530,000600 HUDSON ST 6B 880 2 1 $530,000509 GARDEN ST 2 900 12 2 $530,000501-515 ADAMS ST 5I 1029 18 2 $530,000700 1ST ST 15M 1144 28 2 $532,500700 1ST ST 3P 1331 29 2 $534,900729 MADISON ST 2B 1041 17 2 $535,000700 1ST ST 12N 1201 7 2 $535,0001023 CLINTON ST 2D 1223 118 2 $535,00062 MADISON ST 1 980 6 2 $535,000650 2ND ST 3A 1316 38 2 $535,000222 GRAND ST 1H 1010 75 2 $537,000650 2ND ST 4F 1422 28 2 $537,5001015 WASHINGTON ST 20 1080 9 2 $538,0001330 CLINTON ST 501 1109 10 2 $538,0001450 WASHINGTON ST 215 763 10 1 $539,000713 ADAMS ST 3 1320 23 2 $540,000300 NEWARK ST 6F 1122 78 2 $540,000215 ADAMS ST 1R 1190 115 2 $540,000225 WASHINGTON ST 1 1000 28 2 $540,000415 NEWARK ST 7G 1275 18 2 $540,000129 HARRISON ST 7 42 2 $540,000830 MONROE ST 6C 1006 20 2 $540,000700 1ST ST 15N 1201 22 2 $540,000729 MADISON ST 4B 1041 14 2 $540,0002-6 PATERSON AVE 5C 1052 32 2 $540,0001500 WASHINGTON ST 6s 835 9 1 $541,000830 MONROE ST 4C 1006 32 2 $545,000800 JACKSON ST 408 1201 52 2 $545,000536 GRAND ST 303 1175 9 2 $545,000915 MADISON ST 5E 1055 42 2 $545,000411 MONROE ST 1 1200 184 2 $545,000915 MADISON ST 4C 1056 19 2 $545,000700 1ST ST 7Q 1273 17 3 $545,223700 1ST ST 6F 1215 8 2 $546,000118 CLINTON ST 1G 1125 18 2 $547,000726 ADAMS ST 3A 1216 32 2 $549,0001100 ADAMS ST 213 1150 12 2 $549,000700 1ST ST 8A 1225 21 2 $549,000536 GRAND ST 204 1170 16 2 $549,900700 1ST ST 5G 1227 32 2 $550,0001025 MAXWELL LANE 915 701 9 0 $550,000608 MONROE ST D 1330 43 2 $550,000523 MONROE ST 2 1258 5 2 $550,00089 GRAND ST F 1026 12 2 $550,0001100 ADAMS ST 214 1088 136 2 $550,000700 1ST ST 3H 1268 8 2 $550,000650 2ND ST 4A 1316 25 2 $550,0001108 HUDSON ST 3B 900 20 2 $552,000300 NEWARK ST 8F 1122 10 2 $552,000800-830 JACKSON ST 904 991 77 2 $553,00072 MONROE ST 4 1400 10 3 $553,750113 MADISON ST 4E 1310 121 2 $554,000703 PARK AVE 3 950 16 2 $554,000407-409 MONROE ST 5A 1315 37 2 $554,0001500 HUDSON ST 2C 860 12 1 $555,000502 JEFFERSON ST 3 1320 93 2 $555,000616 ADAMS ST 1 1087 17 2 $555,00082 CLINTON ST 4F 1065 30 2 $555,000700 1ST ST 16PK 1146 35 1 $555,0001201 ADAMS ST 312 1007 53 2 $555,000

All information deemed reliable but not guaranteed

Page 24: Hoboken Real Estate Annual Report 2013...The Average Days On Market of a sold property is down 20 Days in 2013 and 72 days since 2010 Hoboken to the burbs: The same inventory shortgages

Condos Sold 2013

95 GARDEN ST 4B 1035 11 2 $556,000308-310 GARDEN ST 1L 964 15 2 $559,000205 ADAMS ST 3 1390 10 2 $559,000600 JEFFERSON ST 11C 1150 14 2 $559,000915 MADISON ST 6F 1101 89 2 $559,500501 ADAMS ST 2L 1324 0 2 $559,888723 MADISON ST 5N 1360 101 2 $560,0001500 HUDSON ST 4D 1000 32 1 $560,000931 HUDSON ST 3 757 48 2 $560,000915 MADISON ST 5C 1056 32 2 $560,00070 ADAMS ST 2E 979 36 2 $560,000812 GRAND ST 404 1174 11 2 $560,000704 CLINTON ST 3B 1086 7 2 $561,0001125 MAXWELL LANE 714 707 24 1 $561,950415 NEWARK ST 4G 1275 96 2 $563,9001315 WASHINGTON ST 1A 1073 7 2 $564,000727 MONROE ST 406 1142 17 2 $564,900824-830 MONROE ST 6A 1151 35 2 $565,000915 MADISON ST 4F 1101 0 2 $566,5001450 WASHINGTON ST 615 763 222 1 $566,995415 NEWARK ST 12G 1275 16 2 $567,000407 ADAMS ST 5 1330 39 3 $567,500119 MADISON ST 2E 1310 91 2 $568,00078 MONROE ST 1 1122 43 2 $568,000135 GARDEN ST 6 1050 13 2 $569,82581 MONROE ST 3 1340 53 2 $570,000700 1ST ST 9Q 1273 43 3 $570,0001034 CLINTON ST 404 1281 34 2 $570,000812 GARDEN ST 2 1100 89 2 $570,000331 JEFFERSON ST 3 1250 45 2 $570,00072 PARK AVE 5B 1235 70 2 $570,000536 GRAND ST 301 1175 17 2 $571,0001450 WASHINGTON ST 702 861 16 1 $571,995915 MADISON ST 5B 1114 2 2 $572,000129 HARRISON ST 9 1325 7 2 $573,500508 1ST ST 2W 1080 52 2 $574,0001100 ADAMS ST 405 1138 105 2 $574,0001125 MAXWELL LANE 569 800 24 1 $575,000603 MADISON ST 9B 1080 4 2 $575,000551 OBSERVER HIGHWAY 11D 1166 34 2 $575,000650 2ND ST 2E 1382 70 3 $575,000700 1ST ST 8E 1265 80 2 $575,000536 GRAND ST 506 1180 5 2 $575,000727 MONROE ST 210 1185 14 2 $575,000132 BLOOMFIELD ST 3 1200 12 2 $575,0001100 ADAMS ST 510 1140 23 2 $575,00070 ADAMS ST 3D 1096 0 2 $575,000827 GARDEN ST 2 1080 87 2 $575,000800-830 JACKSON ST 614 1345 144 3 $575,000102 PARK AVE 3 1200 21 2 $579,00071 JEFFERSON ST 1 1166 8 2 $579,00078-80 JACKSON ST 4B 1140 8 2 $580,000108-112 MONROE ST 2B 1172 25 2 $580,000405 JEFFERSON ST 3 1400 4 2 $580,000503 MONROE ST 1 1056 0 2 $580,000210 JACKSON ST 5 1258 3 2 $580,000720 ADAMS ST 1 1350 94 3 $580,000829 WASHINGTON ST 5 1367 7 2 $580,000608 MONROE ST A 1330 7 3 $581,000901 MADISON ST 6B 1076 21 2 $581,60081-87 JACKSON ST 5D 1157 6 2 $583,000800 JACKSON ST 702 1086 52 2 $584,000904 JEFFERSON ST 5B 1030 4 2 $585,000904 JEFFERSON ST 4E 1017 6 2 $585,0001100 ADAMS ST 610 1140 109 2 $585,00084 ADAMS ST 2B 1048 19 2 $585,000405 BLOOMFIELD ST 1 1051 7 2 $585,000700 1ST ST 15F 1215 17 2 $585,0001200 GRAND ST 414 1300 70 2 $585,000135 GARDEN ST 7 1200 21 2 $586,00095 GARDEN ST 2A 1069 26 2 $586,0001100 ADAMS ST 501 1070 7 2 $586,000108-112 JACKSON ST 3D 53 2 $586,222407-409 MONROE ST 4A 1315 29 2 $586,5001450 WASHINGTON ST 802 803 15 1 $588,99584 ADAMS ST 4G 1013 16 2 $589,0001100 ADAMS ST 504 1148 7 2 $589,000800 JACKSON ST 407 1166 28 2 $590,000650 2ND ST 2A 1316 37 2 $590,000

All information deemed reliable but not guaranteed

Page 25: Hoboken Real Estate Annual Report 2013...The Average Days On Market of a sold property is down 20 Days in 2013 and 72 days since 2010 Hoboken to the burbs: The same inventory shortgages

Condos Sold 2013

505 MONROE ST 2A 1430 41 3 $590,000700 1ST ST 14Q 1273 52 3 $590,00056 JEFFERSON ST 4B 1113 1 2 $590,00095 GARDEN ST 4A 1069 59 2 $590,000928 WILLOW AVE 1 1150 11 2 $590,928700 1ST ST 9W 1283 14 3 $592,500727 JEFFERSON ST 6 1336 27 2 $593,800907 WILLOW AVE 1 1400 4 2 $595,000624-626 MONROE ST 2A 1163 13 2 $595,000700 1ST ST 11H 1268 15 2 $595,00081-87 JACKSON ST 2C 1157 73 2 $595,00070 ADAMS ST 3H 958 23 2 $595,000407 MONROE ST 5b 1269 23 2 $595,000924 JEFFERSON ST 5A 1116 24 2 $595,00074 MONROE ST 4 1300 58 2 $595,000120 BLOOMFIELD ST 1 1087 30 2 $596,000610 NEWARK ST 9F 1350 20 2 $598,000508 1ST ST 4W 1355 33 2 $598,0001325 ADAMS ST 204 1031 54 2 $598,000624-626 MONROE ST 5B 1260 17 2 $599,000704 CLINTON ST 2A 1070 7 2 $599,000700 1ST ST 13P 1331 24 2 $599,00056 JEFFERSON ST 3B 1273 20 2 $599,0001120 CLINTON ST 4:00 AM 1190 28 2 $599,000520 PARK AVE 1 1100 20 2 $599,000200-202 JACKSON ST 4 1350 13 3 $599,000729 MADISON ST 3H 1227 23 2 $599,000729 MADISON ST 2H 1227 40 2 $599,5001450 WASHINGTON ST 1002 803 215 1 $599,75581-87 JACKSON ST 3D 1157 26 2 $600,000610 NEWARK ST 11F 1350 10 2 $600,000727 MONROE ST 404 1297 20 2 $600,0001200 GRAND ST 229 1166 14 2 $600,000926 WILLOW AVE 1 1150 14 2 $600,00075 GARDEN ST 7 1265 38 2 $600,0001114-1120 CLINTON ST 5B 1138 20 2 $600,517112 ADAMS ST 3 1275 119 3 $601,0001114-1120 CLINTON ST 2B 1140 11 2 $601,0001450 WASHINGTON ST 706 861 9 1 $603,9951200 GRAND ST 426 1072 9 2 $605,000221 WILLOW AVE 1L 807 19 2 $605,00070 ADAMS ST 5H 987 19 2 $605,000308-310 GARDEN ST GR 1025 28 2 $605,0001125 MAXWELL LANE 528 1037 33 1 $605,000600 HUDSON ST 3F 1242 25 2 $605,000102 PARK AVE 2 1225 12 2 $607,500818 JEFFERSON ST 5e 1050 9 2 $607,500904 JEFFERSON ST 6F 1019 20 2 $607,890727 MONROE ST 408 1185 42 2 $608,000231 PARK AVE 2 1228 2 2 $609,0001021 GRAND ST PHB 1134 21 2 $609,000812 GRAND ST 314 1187 12 2 $610,000215 GRAND ST 4F 1319 74 2 $610,0001500 WASHINGTON ST 9A 1100 26 2 $610,0001450 WASHINGTON ST 1102 861 16 1 $612,995930 HUDSON ST 4 1093 31 2 $614,0001450 WASHINGTON ST 214 771 51 1 $615,000150 14TH ST 504 1220 11 2 $615,00082 CLINTON ST 4B 1150 21 2 $617,500609-615 OBSERVER HIGHWAY 204 1147 33 2 $619,000601 OBSERVER HIGHWAY 504 1222 77 2 $620,000233 MONROE ST 4N 1318 22 2 $620,000610 MADISON ST 2 1384 16 2 $620,00070 ADAMS ST 4D 1096 10 2 $620,00072 PARK AVE 6B 1250 68 2 $620,00070 ADAMS ST 3D 1096 11 2 $621,5001425 GARDEN ST 203 1135 14 1 $622,00051-53 14TH ST 4A 1186 34 2 $624,500800 JACKSON ST 706 1147 7 2 $625,000325 ADAMS ST 5 1301 11 2 $625,000609 OBSERVER HIGHWAY 303 1331 58 2 $625,0001314 HUDSON ST 11 1060 28 2 $625,000610 MADISON ST 3 1384 15 2 $625,00070 ADAMS ST 4J 1204 3 2 $625,000824-830 MONROE ST 3F 1249 24 2 $625,00082 CLINTON ST 3D 1250 91 2 $625,00081 MONROE ST 2 1324 46 3 $626,000708 GRAND ST 2 1363 11 2 $626,000700 1ST ST 14E 1268 110 2 $627,500

All information deemed reliable but not guaranteed

Page 26: Hoboken Real Estate Annual Report 2013...The Average Days On Market of a sold property is down 20 Days in 2013 and 72 days since 2010 Hoboken to the burbs: The same inventory shortgages

Condos Sold 2013

110 BLOOMFIELD ST 2 1145 13 2 $629,9001201 ADAMS ST 203 1166 1 2 $630,000718 ADAMS ST 2L/3 1430 64 3 $630,0001500 GARDEN ST 2i 1138 30 1 $630,000109 GRAND ST 302 1360 7 2 $630,0001450 WASHINGTON ST 1006 861 3 1 $631,995325 ADAMS ST 6 1278 18 2 $632,500231 PARK AVE 1 1101 10 2 $635,000400 9TH ST W2A 1321 29 2 $635,0001300 GRAND ST 316 1161 71 2 $635,000380 NEWARK ST 2D 1224 12 2 $635,0001000 HUDSON ST 208 996 5 2 $635,000610 MADISON ST 4 1384 21 2 $636,000127 CLINTON ST 1 1296 44 3 $639,000463 1ST ST 8K 1100 14 2 $639,000114 BLOOMFIELD ST 2 1239 21 2 $639,000821 WASHINGTON ST 3 1300 7 3 $639,0001450 WASHINGTON ST 1201 793 2 1 $640,995609 MADISON ST 6C 1283 22 3 $641,000402 9TH ST E3K 1290 9 2 $641,000613 MADISON ST 3-C 1150 6 2 $642,000727 MONROE ST 304 1297 16 2 $645,0001248 BLOOMFIELD ST 2 1260 7 2 $645,000503 MONROE ST 4 1392 34 3 $645,0001125 MAXWELL LANE 731 895 27 1 $645,000304 HUDSON ST 1 1108 19 2 $645,000306 BLOOMFIELD ST 3 1110 20 2 $645,500412 WASHINGTON ST 4B 1300 1 3 $646,000412 WASHINGTON ST 2A 1206 53 2 $647,0001034 CLINTON ST 405 1300 76 2 $647,00082 CLINTON ST 6B 1150 28 2 $649,0001301 ADAMS ST 502 1100 56 2 $649,000302 1ST ST 3 1305 7 2 $650,0001001 CLINTON ST 5D 1143 7 2 $650,000520 PARK AVE 2 1295 20 3 $650,00080 MONROE ST 1 1278 53 2 $650,000306 6TH ST 3 1252 12 2 $650,0001313 PARK AVE 2A 1120 115 2 $652,000150 14TH ST 304 1273 10 2 $652,500601 OBSERVER HIGHWAY 304 1222 29 2 $654,000601 OBSERVER HIGHWAY 204 1222 60 2 $655,000533 ADAMS ST 3 1254 14 2 $655,000503 MONROE ST 3 1392 39 3 $655,0001001 CLINTON ST 6C 1142 6 2 $657,0001125 MAXWELL LANE 643 895 32 1 $657,500400 9TH ST #W3G 1245 12 2 $659,00086 CLINTON ST 2 1314 10 2 $659,0001450 WASHINGTON ST 1101 793 79 1 $659,995222 PARK AVE 3 1310 15 2 $660,0001030 HUDSON ST 9 1101 20 2 $660,000325-327 WILLOW AVE 3B 1214 9 2 $660,000618 JEFFERSON ST 2 1350 12 2 $660,0001125 MAXWELL LANE 312 1133 82 1 $660,000211 MADISON ST 4 1382 23 3 $661,00083 MONROE ST 3B 1320 19 2 $665,00094 CLINTON ST 4A 1259 11 2 $665,00099 PARK AVE 4C 1371 34 1 $665,000116 BLOOMFIELD ST 2 1150 119 2 $665,0001500 HUDSON ST 5V 1320 104 2 $667,500116 BLOOMFIELD ST 3 1140 118 2 $668,0001450 WASHINGTON ST 419 1012 8 1 $669,9951125 MAXWELL LANE 463 817 23 1 $670,000319 MONROE ST 2 1452 39 2 $670,000503 MONROE ST 2 1392 12 3 $670,00082 CLINTON ST 3E 1180 6 2 $673,0001125 MAXWELL LANE 647 895 121 1 $673,2001500 HUDSON ST 10U 1200 70 2 $674,888113 CLINTON ST 3 1333 27 2 $675,000204-206 JACKSON ST 8 1432 50 3 $675,0001314 HUDSON ST 12 1060 97 2 $675,00083 MONROE ST 2B 1320 14 2 $675,000325-327 WILLOW AVE 4B 1214 13 2 $675,0001313 PARK AVE 4-C 1201 24 2 $675,000550-552 OBSERVER HIGHWAY 4B 1464 14 2 $675,000315 GRAND ST 4 1411 14 2 $676,000727 MONROE ST 505 1308 4 2 $677,5001125 MAXWELL LANE 410 1133 22 1 $677,500113 WILLOW AVE 1 1207 13 2 $680,000904 JEFFERSON ST 5D 1288 13 3 $680,000

All information deemed reliable but not guaranteed

Page 27: Hoboken Real Estate Annual Report 2013...The Average Days On Market of a sold property is down 20 Days in 2013 and 72 days since 2010 Hoboken to the burbs: The same inventory shortgages

Condos Sold 2013

315 MONROE ST 1 1350 7 3 $680,000501 9TH ST 515 1406 4 2 $680,00095 GARDEN ST 3A 1569 30 3 $680,0001313 PARK AVE 3-D 1201 9 2 $680,1501450 WASHINGTON ST 519 1012 57 1 $681,9951125 MAXWELL LANE 1023 895 27 1 $682,5001500 GARDEN ST 10I 1138 1 1 $685,000114 BLOOMFIELD ST 4 1251 41 2 $685,0001500 WASHINGTON ST 10U 1155 70 2 $686,5001450 WASHINGTON ST 1201 793 3 1 $689,0001200 GRAND ST 520 1273 103 2 $689,0001125 MAXWELL LANE 508 1012 0 1 $690,000413 MADISON ST 2 1444 17 3 $690,0001500 WASHINGTON ST 3B 1155 29 2 $690,000302 1ST ST 2 1305 7 2 $691,00082 CLINTON ST 4C 1430 10 2 $695,000522 HUDSON ST 3 1244 17 2 $695,000601 OBSERVER HIGHWAY 505 1426 22 2 $695,000115 CLINTON ST 1 1312 58 2 $695,0001125 MAXWELL LANE 571 959 8 1 $698,000911 WILLOW AVE 1 1295 18 2 $699,0001125 MAXWELL LANE 504 1075 28 1 $699,0001125 MAXWELL LANE 512 1072 0 1 $700,000825 ADAMS ST 4B 1346 8 2 $700,0001200 GRAND ST 303 1166 75 2 $700,0001009 WILLOW AVE 5 1522 3 3 $700,000825 ADAMS ST 2D 1346 9 2 $702,500601 OBSERVER HIGHWAY 403 1344 13 2 $705,000825 ADAMS ST 3D 1346 28 2 $705,0001125 MAXWELL LANE 923 895 13 1 $705,000402 MADISON ST 1 1322 51 2 $705,000402 MADISON ST 1 1322 51 3 $705,00084 JEFFERSON ST 3B 1457 14 2 $710,000402 9TH ST W5C 1542 11 2 $710,0001125 MAXWELL LANE 318 1072 26 1 $710,0001500 GARDEN ST 1B 1199 14 2 $711,0001110 HUDSON ST 4-N 1383 43 3 $715,000108 MADISON ST 1 1304 15 2 $715,000109-115 HARRISON ST 401 1504 37 2 $715,0001021 GRAND ST PHD 1416 75 2 $715,0001125 MAXWELL LANE 320 1072 10 1 $720,000725 JEFFERSON ST 41 1572 9 2 $720,0001025 MAXWELL LANE 807 1062 4 1 $720,000350 7TH ST 3D 1430 29 2 $722,0002 CONSTITUTION CT 707 1141 3 2 $725,000213 CLINTON ST 3 1390 5 2 $725,00061 5TH ST 1 2001 102 2 $725,000213 CLINTON ST 1 1285 7 2 $725,000140 GARDEN ST 5 1393 9 3 $726,0002 CONSTITUTION CT 1111 1143 4 2 $730,000531 GARDEN ST 3 1193 14 2 $730,000501 9TH ST 415 1406 31 3 $731,500825 ADAMS ST 3B 1346 7 2 $732,500108-112 MONROE ST 2D 1562 8 2 $735,000601 OBSERVER HIGHWAY 205 1426 9 2 $735,000530 MADISON ST 3A 1500 14 3 $735,000813 WASHINGTON ST 6 1620 21 3 $735,00051-53 14TH ST 2B 1568 181 2 $735,0001125 MAXWELL LANE 447 895 21 1 $745,000709 MONROE ST 1 2150 51 4 $745,000109 GRAND ST 401 1390 15 2 $749,000128 JEFFERSON ST B 1500 22 2 $750,0001115 WILLOW AVE 509 1415 17 3 $759,000321 WASHINGTON ST 4 1384 9 2 $760,00089-91 JEFFERSON ST 2D 1401 74 2 $760,0001125 MAXWELL LANE 917 946 37 1 $760,000531 GARDEN ST 4 1230 7 2 $760,0001500 WASHINGTON ST 5X 1170 20 2 $768,500629-333 JEFFERSON ST 1 1725 17 3 $770,000813 WASHINGTON ST 1R 1668 24 3 $770,000706 PARK AVE 1 1550 26 2 $770,0001115 WILLOW AVE 510 1500 12 4 $770,000604-606 GRAND ST 3 1351 7 2 $770,976400 9TH ST W5H 1600 9 2 $775,0001125 MAXWELL LANE 802 955 20 1 $775,0002 CONSTITUTION CT 807 1141 38 2 $775,000603 MONROE ST 4 1545 14 3 $775,000603-607 MONROE ST 6 1545 19 3 $775,0001021 GRAND ST PHF 1265 27 2 $775,000

All information deemed reliable but not guaranteed

Page 28: Hoboken Real Estate Annual Report 2013...The Average Days On Market of a sold property is down 20 Days in 2013 and 72 days since 2010 Hoboken to the burbs: The same inventory shortgages

Condos Sold 2013

1500 WASHINGTON ST 1Q 12 2 $780,000612 MADISON ST 2 1460 63 3 $780,0001034 CLINTON ST 402 1554 0 2 $782,362827 BLOOMFIELD ST 200 1345 113 2 $784,90084 JEFFERSON ST 4C 1807 9 2 $785,0001022 HUDSON ST 4 1440 184 3 $785,00089-91 JEFFERSON ST 4B 1406 4 2 $788,00089-91 JEFFERSON ST 5A 1391 2 3 $789,00089-91 JEFFERSON ST 2C 1440 9 2 $789,000261 4TH ST 3 1310 9 3 $789,000226 PARK AVE 4 1400 12 2 $790,000725 JEFFERSON ST 7 1585 11 2 $792,500456 9TH ST 39 2200 90 3 $795,0001500 WASHINGTON ST 8F 1185 7 2 $795,000904 JEFFERSON ST 5k 1521 50 3 $797,000204 GARDEN ST 1 1882 10 2 $799,0001125 MAXWELL LANE 469 1050 42 1 $799,00089-91 JEFFERSON ST 4A 1391 4 3 $800,000110 WILLOW AVE 2 1400 8 3 $805,000716 HUDSON ST 2 1546 0 2 $805,000659 1ST ST 510 1656 14 2 $809,00089-91 JEFFERSON ST 5B 1406 4 2 $810,00069 MADISON ST B 1500 31 2 $810,0002-6 PATERSON AVE 4A 1708 77 2 $810,0001501 GARDEN ST 6B 1200 11 1 $812,0001125 MAXWELL LANE 1217 946 103 1 $812,500115 CLINTON ST 2 1670 239 3 $814,900300 NEWARK ST 5G 1500 6 2 $815,0001022 HUDSON ST 1 1400 9 2 $815,000115 CLINTON ST 5 1430 7 3 $819,9001450 WASHINGTON ST 216 1276 61 2 $820,000531 GARDEN ST 2 1206 8 2 $821,0001450 WASHINGTON ST 705 1187 50 2 $823,995115 CLINTON ST 4 1670 58 3 $824,9001500 WASHINGTON ST 3-O 1155 6 2 $825,000600 HUDSON ST 1C 1375 7 2 $825,000109 2ND ST 3 1507 13 2 $825,00078-80 JACKSON ST 2E 1673 22 3 $827,0001450 WASHINGTON ST 611 1207 21 2 $828,995715 MADISON ST 2 1685 9 3 $830,0001100 ADAMS ST 406 1650 51 2 $833,0001500 WASHINGTON ST 11B 1155 11 2 $835,000107 6TH ST Maisonette 1580 21 3 $835,000408 COURT ST 5 1050 13 2 $835,000504 1ST ST 3 1796 13 4 $840,000115 CLINTON ST 3 1670 258 3 $845,0001450 WASHINGTON ST 317 1312 6 2 $849,9951500 HUDSON ST 7V 1320 16 2 $850,000827 BLOOMFIELD ST 302 1440 58 2 $850,00090 MADISON ST B 2346 17 2 $850,0001025 MAXWELL LANE 712 1340 46 1 $850,000825 ADAMS ST 4C 1741 21 3 $852,00078-80 JACKSON ST 2B 1652 21 3 $855,0001450 WASHINGTON ST 1005 1187 34 2 $858,995739 PARK AVE 1 1600 7 0 $860,00090 MADISON ST 1 1786 21 2 $860,0001500 HUDSON ST 10R 1415 102 2 $860,6591500 WASHINGTON ST 11D 1305 21 2 $869,000723 WASHINGTON ST 7 1600 11 3 $875,000610 WASHINGTON ST 3 1500 8 2 $875,0001025 MAXWELL LANE 408 1281 44 2 $875,000101 PARK AVE 2E 1573 11 2 $875,000206 WILLOW AVE 1 1787 76 3 $880,000825 ADAMS ST 2C 1741 40 3 $885,000812 GRAND ST 219 1739 62 3 $885,00089-91 JEFFERSON ST 2A 1433 14 2 $890,000728 BLOOMFIELD ST 3 1350 8 3 $890,0001500 WASHINGTON ST 10E 1350 3 2 $890,000400 9TH ST W6E 2045 34 3 $895,00070 ADAMS ST 4M 1815 76 2 $895,0001450 WASHINGTON ST 701 1158 22 2 $896,995129 JACKSON ST B 1883 43 3 $899,0001107 WILLOW AVE 2 1972 15 3 $901,0001125 MAXWELL LANE 1024 1370 24 2 $901,500113 WILLOW AVE 3 1418 12 2 $905,0001500 HUDSON ST 4R 1415 56 2 $908,0001450 WASHINGTON ST 1004 1239 2 2 $914,995706 PARK AVE 2 1600 19 3 $925,000827 BLOOMFIELD ST 303 1590 196 3 $925,000

All information deemed reliable but not guaranteed

Page 29: Hoboken Real Estate Annual Report 2013...The Average Days On Market of a sold property is down 20 Days in 2013 and 72 days since 2010 Hoboken to the burbs: The same inventory shortgages

Condos Sold 2013

98 PARK AVE 3B 1650 28 2 $936,000207 2ND ST 3A 1594 23 3 $937,5001500 HUDSON ST 11E 1375 39 2 $940,000812 GRAND ST 223 1700 23 3 $950,0002 CONSTITUTION CT 302 1200 90 2 $950,0001125 MAXWELL LANE 559 1464 126 1 $965,000829 WASHINGTON ST PHC 1705 15 2 $970,0001025 MAXWELL LANE 1106 1298 34 2 $970,0001500 GARDEN ST 10C 1607 15 1 $973,000111 GARDEN ST A 1600 22 3 $975,000305 COURT ST 1 1836 8 3 $979,0001450 WASHINGTON ST 808 1222 10 2 $981,9951500 GARDEN ST 8E 1479 8 1 $983,000827 BLOOMFIELD ST 101 1564 57 3 $985,00058 JEFFERSON ST A 2054 0 4 $986,600659 1ST ST 507 1900 7 4 $990,000231 MADISON ST 2 2001 9 4 $990,0001125 MAXWELL LANE 423 1381 68 2 $995,0001450 WASHINGTON ST 508 1187 182 2 $996,9951125 MAXWELL LANE 904 1390 73 2 $999,000727 MONROE ST 206 1929 10 3 $999,9991500 HUDSON ST 7q 1530 30 3 $1,010,000827 BLOOMFIELD ST 201 1695 12 3 $1,040,0001450 WASHINGTON ST 1104 1239 8 2 $1,046,9951500 GARDEN ST 4K 1555 5 2 $1,050,000108 JACKSON ST 6A 1900 3 3 $1,050,000450 2ND ST 2 2437 23 3 $1,065,0001425 GARDEN ST 506 1550 8 2 $1,070,0001125 MAXWELL LANE 924 1370 117 2 $1,087,5001500 HUDSON ST 11H 1360 81 2 $1,100,00051-53 14TH ST 3C 1760 4 3 $1,100,0441125 MAXWELL LANE 726 1370 3 2 $1,103,000827 BLOOMFIELD ST 300 1900 182 4 $1,115,000829 WASHINGTON ST P-D 2084 126 2 $1,155,0001500 GARDEN ST 1A 1866 7 3 $1,161,0001450 WASHINGTON ST 610 1504 14 3 $1,200,0001125 MAXWELL LANE 472 1195 120 2 $1,204,116511-515 MADISON ST 202 2345 91 3 $1,205,0001500 HUDSON ST 5I 1310 15 2 $1,232,5001500 GARDEN ST 1G 1924 22 3 $1,245,000116 BLOOMFIELD ST 1 2300 111 3 $1,245,000310 PARK AVE 3 1693 21 3 $1,249,000719 MADISON ST 2 2406 89 3 $1,250,000310 PARK AVE 2 1693 9 3 $1,260,0002 CONSTITUTION CT 1003 1464 5 3 $1,262,5001125 MAXWELL LANE 342 1200 94 2 $1,270,0001125 MAXWELL LANE 464 1245 137 2 $1,270,0001125 MAXWELL LANE 562 1245 127 2 $1,286,4701425 GARDEN ST 501 2002 37 3 $1,290,0001425 GARDEN ST 603 2019 48 2 $1,295,0001500 GARDEN ST 3A 1812 28 2 $1,300,0001500 GARDEN ST 5A 1812 0 2 $1,300,00078-80 JACKSON ST 5A 2505 14 3 $1,305,0001125 MAXWELL LANE 825 1750 103 2 $1,345,0001425 GARDEN ST 302 2060 23 3 $1,375,0001500 GARDEN ST 7A 1812 2 2 $1,375,0001500 GARDEN ST 3L 1900 8 3 $1,375,0001125 MAXWELL LANE 1011 1768 247 3 $1,375,0001125 MAXWELL LANE 328 1555 4 2 $1,380,0001025 MAXWELL LANE 312 1920 12 2 $1,400,0001500 GARDEN ST 3D 1917 2 2 $1,410,0001125 MAXWELL LANE 330 1626 6 2 $1,440,0001125 MAXWELL LANE 814 1915 61 3 $1,470,0001125 MAXWELL LANE 651 1643 12 2 $1,475,0001101 BLOOMFIELD ST B 2965 15 2 $1,562,5001125 MAXWELL LANE 1222 1749 72 3 $1,575,0001125 MAXWELL LANE 610 1971 55 3 $1,580,0001125 MAXWELL LANE 1025 1750 20 2 $1,595,0001125 MAXWELL LANE 332 1752 25 2 $1,610,000154 NEWARK ST 2 2700 15 5 $1,675,0001025 MAXWELL LANE 701 2006 68 3 $1,825,0001125 MAXWELL LANE 1228 1622 119 2 $1,888,8431125 MAXWELL LANE 1028 1622 52 2 $1,950,415310 PARK AVE 1 3023 164 5 $1,975,000

All information deemed reliable but not guaranteed

Page 30: Hoboken Real Estate Annual Report 2013...The Average Days On Market of a sold property is down 20 Days in 2013 and 72 days since 2010 Hoboken to the burbs: The same inventory shortgages

Address Type Days On Market Lot Size Price13 WILLOW TERRACE One Family 5 12 1/2 x 50 $525,000629 WILLOW AVE 2 Family 376 14' X 100' $599,000310 PARK AVE One Family 3 16 x 100 $600,000312 PARK AVE 2 Family 3 16 X 100 $600,000258 8TH ST 2 Family 7 17x62 $650,000724 PARK AVE One Family 35 12.5x100 $660,0001109 GARDEN ST One Family 11 15.98 x 85 $675,000159 9TH ST 3 Family 521 23 x 55 $690,00055 WILLOW TERRACE One Family 61 12.53 X 50.14 $750,00058 WILLOW TERRACE One Family 3 12.36X50 $765,000101 WILLOW TERRACE One Family 33 12.53 X 50 $825,000516 MONROE ST 3 Family 59 25 X 100 $825,000120 PARK AVE 2 Family 298 18.67 X100 $840,000107 WILLOW TERRACE One Family 82 12.5X50 $865,00031 WILLOW TERRACE One Family 20 $892,000262 7TH ST 2 Family 22 20 x 60 $904,000515 BLOOMFIELD ST 2 Family 15 15.83X75 $935,000217 WILLOW AVE 4 Family 5 25.16X100 $950,000614 BLOOMFIELD ST 3 Family 16 15 x 95 $950,000106 4TH ST 2 Family 32 $975,000930 WILLOW AVE 2 Family 10 13 X 100 $990,000612 GARDEN ST 2 Family 3 16.67 X 100 $995,000609 ADAMS ST 2 Family 97 25 x 100 $999,000522 JEFFERSON ST One Family 319 $999,000212 7TH ST One Family 57 18 x 51 $1,020,000356 3RD ST 2 Family 2 35x50 $1,050,0001301 PARK AVE One Family 87 20x75 $1,050,000207 7TH ST One Family 34 16.50 X 49 $1,065,0001035 PARK AVE One Family 243 21.5 X 100 $1,080,000122 PARK AVE One Family 184 18.67 X 100 $1,100,000220 13TH ST 2 Family 56 14.35 X 75 $1,105,000302 PARK AVE 3 Family 56 16x95 $1,122,000157 11TH ST 2 Family 129 30x50 $1,130,000942 BLOOMFIELD ST 4 Family 63 19.5 X 60 $1,150,000213 11TH ST One Family 4 15 x 68 $1,150,000618 GARDEN ST 3 Family 19 18x100 IRR $1,185,0001131 GARDEN ST One Family 0 15 x 100 $1,225,000218 7TH ST One Family 17 15.5 X 51 $1,235,000329 BLOOMFIELD ST One Family 9 12.5 X & 70 $1,290,0001249 BLOOMFIELD ST One Family 14 14.04 x 75 $1,300,000526 HUDSON ST 2 Family 62 $1,300,000208 8TH ST One Family 19 16.5x75 IRR $1,335,0001117 PARK AVE 2 Family 14 16 x 100 $1,350,0001134 BLOOMFIELD ST One Family 73 17.67X100 $1,380,000210 10TH ST One Family 90 19X70 $1,420,000228 GARDEN ST 4 Family 21 $1,450,0001018 BLOOMFIELD ST 3 Family 217 20 x 100 $1,455,0001225 BLOOMFIELD ST One Family 7 15 X 75 $1,580,000158 13TH ST One Family 0 16 x 75 $1,600,000621 GARDEN ST One Family 4 $1,624,0001021 GARDEN ST 3 Family 10 21X100 $1,650,0001108 GARDEN ST One Family 9 19 x 100 $1,685,000616 MADISON ST 2 Family 62 25 x 100 $1,690,0001223 GARDEN ST One Family 11 16x100 $1,725,0001232 BLOOMFIELD ST 2 Family 16 15 X 100 $1,726,2321238 GARDEN ST One Family 24 15.12x100 $1,750,0001208 GARDEN ST 2 Family 56 15.14 X 100 $1,840,0001108 BLOOMFIELD ST One Family 7 16 x 100 $1,860,000516 BLOOMFIELD ST One Family 15 20 x 95 $2,157,0001230 GARDEN ST One Family 15 15.12 x 100 $2,299,000631 GARDEN ST One Family 1 20 X 95 $2,300,000731 BLOOMFIELD ST One Family 16 20 X 75 $2,300,0001130 GARDEN ST One Family 126 17.95 x 100 $2,300,000