An "informed but informal" place to find real estate information

gas pricing - savings tip

Published May 28, 2006 by Judy Marciano.

Hope you are out enjoying this holiday weekend. If you need to fill up your tank for the ride home, check out this site that will help you find the best price without having to drive around looking for the best price & wasting gas by doing this.

http://www.gasbuddy.com/


Deal or no deal?

Published May 26, 2006 by Judy Marciano.


















For those of you that think that the life of a post modern blogger is filled with big parties and attendance at blogging premiers, I hate to burst your bubble but many a night, I can be found at home with my husband watching the new tv program "deal or no deal". The tension in that show drives from the fact that the decisions of the players has everything to do with timing. And so it is with the real estate market. The fact is if you bought real estate in 2003 or 2004, you are most likely sitting happy in 2006 with a big increase in equity. However, if you bought in 2005, you may not be experiencing the same high rate of return. Real estate is about momentum. In today's market, there are 2 kinds of sellers of recent inventory - those people that saw a big enough of an increase in equity that they can afford to sell and still make a profit and then there are those people that for whatever reason have to sell now and find that they are not going have bidding wars, make a huge profit on a recent purchase and must begin to price more realistically in order to attract buyers. All of this indicates that we are in a self correcting market and as long as no one panics, this can eventually lead us to a lot of stability and strength to the overall increase of prices that we have seen over the past 3 years. In today's market there are the same amount of buyers that there were over the last few years, the difference is that there are a lot more sellers out there offering similar product. So the question that you have to ask yourself in this market, is "deal or no deal?"

Hoboken condo inventory

Published May 24, 2006 by Judy Marciano.



















There are currently 507 condo's actively listed for sale on the Hudson County MLS. The inventory is as follows:

studio
total units = 20
ave. price = $284,163

one bedroom
total units = 149
ave. price = $430,441

two bedroom
total units = 296
ave. price = $637,228

three bedroom
total units = 38
ave. price = $778,244

four bedroom
total units = 4
ave. price = $999,500

Based on total units, the above inventory breaks down as follows:
studio = 4%
one bedroom = 29%
two bedroom = 58%
three bedroom = 7%
four bedroom = 1%

information compiled on 5.24.06 from Hudson County Multiple Listing Service, information deeded reliable but not guaranteed.

on the waterfront in Hoboken

Published May 21, 2006 by Judy Marciano.


















Development in Hoboken is usually referred to as "residential". Yet I don't think people are as familiar with the big demand and the increased expansion of "commercial" development that is currently happening in Hoboken on the waterfront.

In the past, some of the major employers in Hoboken included St. Marys Hospital, Stevens University and the city itself, that was until the Waterfront Corporate Center opened at 121 River Street. The combined efforts of a public/private partnership between the city of Hoboken and the Port Authority of New York and New Jersey and SJP Properties was the beginning of a more "mixed use development" for Hoboken. One of the first tenants to experience the waterfront space includes Wiley & Sons, a publishing company. W Hotel is a future tenant, opening close by.

The access to mass transportation on the waterfront is key to development. It is right next to New Jersey Transit trains and buses, PATH, the New York Waterway ferry and the new Light Rail service.



barking tickets

Published May 17, 2006 by Judy Marciano.























not everything in the world is about real estate...and as you know if you read my blog, my little "Roxy" is a world of fun on to herself, however, there are many issues that come with owning a dog. I am proud to show off my husbands newest venture into dog law. Check out this cool site, there is a lot of information for all us dog lovers. http://doglaw.hugpug.com/
Hope you had a great day enjoying this beautiful weather.

seller beware

Published May 16, 2006 by Judy Marciano.


As prices continue to remain high in the more urban area's of the Hudson County real estate market, many buyers can only purchase property by obtaining some of the more "inventive" financing vehicles which have been very popular recently in allowing a buyer to spend more than originally intended. These "inventive" mortgages tend to call for very specific and often hard to achieve conditions that would not apply with a conventional 30 year mortgage. In the standard realtor contracts and many standard contracts in general, the language states that the buyer is obtaining a conventional 30 year fixed mortgage which is very often not the case. And what can happen is that 6 weeks into what is assumed to be a done deal, the mortgage company continues to make demands that the purchaser can't make. From the date that the contract is first signed to the time delays that may arise during attorney review & the mortgage contingency period, much time can go by which may put the seller in a vulnerable position that may force them to re-negotiate the contract at some level with the buyer to make the deal happen. So right from the beginning of signing the contract, be very careful as a seller to the details of the buyers financing. You may get your asking price early in the listing but if the buyer can't get financing, you are actually going to have to start the entire process again. (Don't leave this important aspect of this transaction up to your lawyer to take care of as it is really your responsibility to stay on top of this).

hoboken one to four family inventory

Published May 14, 2006 by Judy Marciano.


















There are currently 35 one to four family homes for sale in Hoboken (actively listed on the Hudson County MLS)

one family
units = 11
median price = $1,350,000

two family
units = 9
median price = $1,175,000

three family
units = 8
median price = $1,272,500

four family
units = 7
median price = $1,350,000

information compiled on 5.14.06 from Hudson County Multiple Listing Service. information deemed reliable but not guaranteed.

Hoboken condo inventory

Published by Judy Marciano.



















There are currently 500 condo's for sale in Hoboken (actively listed on the Hudson County MLS)

studio:
units = 20
ave. price = $289,470

one bedroom:
units = 144
ave. price = $432,500

two bedroom:
units = 294
ave. price = $683,370

three bedroom:
units = 38
ave. price = $774,959

four bedroom:
units = 4
ave. price = $1,026,750

Based on total units, the above inventory breaks down as follows:
studio = 4%
one bedroom = 29%
two bedroom = 59%
three bedroom = 10%
four bedroom = 1%

information compiled on 5.14.06 from the Hudson County Multiple Listing Service. information deemed reliable but not guaranteed.



new listing in Weehawken

Published May 9, 2006 by Judy Marciano.















This brand new town house style condo is located in Riva Pointe, an upscale, waterfront community facing the Hudson River (complex is surrounded by water on 3 sides).
Beautiful, spacious one bedroom condo, approx 880 sq ft with on-site indoor garage parking, 24 hour security, conceirage service, Northern and Southern NYC views, central air, washer/dryer in unit, fireplace, fitness facility, balcony overlooking the river.
Direct ferry service is steps away from the complex at Lincoln Harbor.
Please contact me for further details at jmarciano@empiregroup.com , licensed NJ real estate agent at Empire Group in Hoboken. Expected completion is end of Summer 2006.

never enough hours in a day

Published May 8, 2006 by Judy Marciano.




















things to make your life easier so you can spend your time doing what you want....

I decided to start a section on my blog that will list services that will allow you to free up some of your time. From time to time, you will see new resources in this section for your reference. It is listed with my links, called "things to make your life easier". So far, I am including the following:
Freddies Loft - a wash & fold and dry cleaner that picks up and delivers
Fresh Direct - food delivery
Shop Rite - local food delivery
Baron's Drug Store - free local delivery (good for prescriptions)

one bedrooms for sale in Weehawken

Published May 7, 2006 by Judy Marciano.




There are only 8 one bedroom condo's actively listed on the Hudson County MLS. Out of the 8 units, 6 are new construction at Riva Pointe. The other 2 are off the Boulevard East.

live poultry

Published May 6, 2006 by Judy Marciano.




















in the midst of all the real estate development, million dollar properties, gourmet stores and fine dining in Hoboken, you can still purchase live poultry. While talking to some of the customers at Sara Farms, I was told that it was pretty good, at the very least, you can count on it being very fresh...but then again, I don't think that I need my chicken that fresh.

two bedroom condo in Hoboken, whats available?

Published May 4, 2006 by Judy Marciano.



















Currently, there are 278 two bedroom condo's actively listed in Hoboken on the Hudson County Multiple Listing Service. But it isn't that simple.
While running this search, my initial criteria was as follows:
*2 bedrooms with a minimum of 1 bath
*all prices from $1 and up
*any amount of square feet
This is when I got the overall result of 278 units, average price of $642,227.

I re-ran the search, this time requesting a minimum of 2 bedrooms and 2 bathrooms, the new results showed 215 units at an average price of $689,515.

Now, I decided to include in my criteria a minimum of 1400 square feet (2br/2ba), the results only showed 44 units at an average price of $883,281. Of the 44 units, 32 had parking (either included or available for an additional price).
Its all so deceiving until you search further & more specifically. It may look like there are 278 two bedroom condo's on the market, but if you want to live in a place that is at least 1400 square feet, there are only 44 two bedrooms for you to choose from.

information compiled on 5.4.06 from the Hudson County MLS. information deemed reliable but not guaranteed.


made the move

Published May 2, 2006 by Judy Marciano.















I decided to change offices and move my real estate license to Empire Realty Group, located at 407 Washington Street in Hoboken. Its a wonderful new office and I am very excited to be part of this team. If you are in the neighborhood, please stop by to say hello. My new e-mail address is jmarciano@empiregroup.com or you can still reach me at judy@hobokenagent.com

Hoboken High School

Published May 1, 2006 by Judy Marciano.


















Tomorrow morning is Senior Prep Day at Hoboken High School. Local volunteers will be available to help the students write resumes and prep them on interview techniques. These volunteers will also talk to them on how they started their own business or the different career paths that they followed.
http://www.hoboken.k12.nj.us/HS/hshmpg.htm

About me

  • I'm Judy Marciano
  • From Hoboken, NJ, United States
  • Thanks for checking out my blog. I am a full time licensed NJ real estate agent in Hoboken at Empire Realty Group. As I go thru Hudson County each day, often I stop to take a picture. Feel free to contact me for any real estate assistance at jmarciano@empiregroup.com
www.flickr.com

Amazing Loft for sale in Hoboken

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For sale 2 br/2ba waterfront condo

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Local Hoboken Photos

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