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

Hoboken one bedroom inventory

Published Sep 30, 2008 by Judy Marciano.

One bedroom inventory:

Active listings = 135 units
high = $1,775,000
low = $259,900
average = $470,849
median = $430,900

Under contract listings = 68 units (below prices are list price not sold)
high = $900,000 (at Maxwell Place, 966 sq ft with direct NYC views)
low = $270,000
average = $433,322
median = $394,750

28 of the 135 active listings are in the 650-750 sq ft size range, pricing as follows:
high = $630,000
low = $279,900
average = $420,210
median = $412,450

Of these 28 listings...
9 have central air
5 have parking
15 have laundry in the unit
8 have laundry in the building
13 have outdoor space (either private or shared)
11 are in elevator buildings
7 are on the waterfront, mostly in the Tea Building

information compiled on 09.30.08 from the Hudson County MLS, information deemed reliable but not guaranteed.

Hoboken openings

Published Sep 29, 2008 by Judy Marciano.



Two new food openings in Hoboken:  The Kebab House at 62 Newark Street and Five Guys Burgers and Fries (opened today) at 319 Washington.

Buyer confidence

Published Sep 28, 2008 by Judy Marciano.


Real estate is all about the buyers. Seller's might think they are setting the price but the price is determined by what the market (a buyer) is willing to pay for a property. Obviously all the public dismantling of Wall Street has clearly shaken confidence in both buyers and sellers. Yet if you have money and need a place to live, stop putting it in someone else's pocket by renting and buy something. Buy something you love and that makes you happy. Find a seller who needs to sell and make an offer that you will be comfortable with. Buy because you need the tax deduction or you are losing money in the stock market and would rather have a piece of real estate. Buy while the interest rates are still low. But before you buy, your confidence has to consist of 3 things - job security, affordability and value.
Great news -
The entire United States Federal Government is committed to liquidity in the mortgage market. If there ever has been a time to buy, it is now. With a 700 billion dollar bail out and a financial sector being totally re-invented, people in the financial sector are not pressuring prices up and in fact there is much more room to negotiate. If the present conditions frighten you and you think at times it is almost overwhelming remember that America in 1940 was at war in 2 separate places, in Europe and Asia, now if America was able to get out of that situation, the current situation pales in comparison. Don't lose faith in America, anyone who sells the American economy short doesn't fully understand just how intricate and complex our entire economic system is. Buy now, enjoy it and sell later for a nice big profit.

Hoboken rentals

Published by Judy Marciano.


It used to be when the market was really hot, that a lot of realtors would say "no, I don't do rentals..." almost like it was beneath them. Well, I've always worked with tenants and landlords and have developed some great understanding of this particular aspect of the market from both sides. Finding a tenant and signing a lease is a very serious commitment. And yes, sometimes you do get to work with a tenant who decides right away to take a place, has good credit & job history and agrees to the terms of the lease. But that is unusual, typically it is very time consuming, you show numerous amount of places & work closely with a potential tenant and then they disappear without so much as a phone call or e-mail to let you know that they found a place on their own or with another realtor. Or, they can't make up their mind & have to go back to the same place several times and in the meantime it gets rented to someone else and they get upset with you. Or, they need their parents approval....Or they don't have enough money for the security deposit and first months rent but didn't realize that when they were looking in a particular price range....or they have a pet and never told you & the landlord doesn't accept pets....Or one roommate drops out right before they sign the lease & leaves the other one looking for a new roommate....(These are only a few of the variables that sometimes come up, there are many, many more). But recently, in this particular market, it seems like many of those realtors who never used to "do rentals" are now actively pursuing them. And it seems that the supply of rentals in Hoboken seems to be growing. But that doesn't mean that there are that many "bargains" like a lot of people would like to believe. So many people stop into our office and ask to be shown a one bedroom with parking, near the Path on a great street for $1000 - it doesn't exist!! And if you suggest a place outside of Hoboken like maybe Weehawken, they don't want to hear about it, it has to be Hoboken only. In my opinion, a decent one bedroom in Hoboken will start at about $1500 and go up. A nice two bedroom is typically about $2400 - $2600 (sometimes a little less or more often, a lot more, depending on the amenities & location). Three bedrooms are very hard to come by & tend to rent quickly when they hit the market. In the past, very few rentals would be even be listed in the Hudson County MLS. In my search today I found 37 active rentals on the MLS as follows:


studio = 1 unit
one bedroom = 11 units (priced from $1297 to $3600)
two bedroom = 21 units (priced from $2525 to $6800)
three bedroom = 3 units
four bedroom = 1 unit

Of the 37 active rentals on the MLS, price ranges are from:

high = $6800
low = $1297
average = $3617
median = $3400

Other interesting information:

*13 of the 21 active 2 bedrooms are on the waterfront - 1 at 2 Constitution, 4 at Tea Building, 1 at Harborside and 7 at Maxwell Place.

*15 of the total 37 are in waterfront buildings

*5 of the total 37 rentals are at 800 Jackson, Metro Stop



information compiled on 09.28.08 from the Hudson County MLS, information deemed reliable but not guaranteed.


Glamour pet salon, Jersey City

Published Sep 26, 2008 by Judy Marciano.



Took my dog Roxy to a new pet groomer this week in Jersey City located at 140 Bay Street.  If you are looking for a new place to groom your dog, check this one out.  They did a nice job, it was easy to park when I went to pick her up and the owner was very helpful in calming her when she freaked out after she was dropped off.
Click on below link to visit their website.  
Glamoursalon

Fall Art & Music Festival, Hoboken September 28th

Published by Judy Marciano.


The Fall Art & Musical Festival in Hoboken is scheduled for this Sunday, September 28th from 11am to 6pm along Washington Street - from Observer Highway to 7th.  There will be live music, artists, photographers, children's activities and of course, lots of delicious food.  Stop by the Empire booth (in front of our office at 407 Washington Street) to say hello. 

Hoboken condo inventory

Published Sep 23, 2008 by Judy Marciano.

studio's = 19 units
median price = $449,000
under contract = 2 units

one bedroom's = 133 units
median price = $435,000
under contract = 70 units

two bedroom's = 263 units
median price = $625,900
under contract = 96 units

three bedroom's = 47 units
median price = $799,000
under contract = 8 units

four bedroom's = 5 units
median price = $1,650,000
under contract = 1 unit

total active = 467 units
total under contract= 177 units

information compiled on 09.23.08 from the Hudson County MLS, information deemed reliable but not guaranteed.

Canco Lofts, Jersey City

Published Sep 20, 2008 by Judy Marciano.



Finally had a chance to stop by the sales office at Canco Lofts in Jersey City.  Canco Lofts, at the former American Can Company site is located at 50 Dey Street (9 blocks from the Journal Square Path station).  This former industrial facility has become a modern, sleek condo complex with enormous windows and soaring ceilings.  The lobby was really impressive as you can see from my photo or click on the below link to see a more complete description of this recent residential project.
- Canco Lofts -

In the Region - New Jersey - Fallout From Wall Street Crisis Is Felt in Jersey City - NYTimes.com

Published by Judy Marciano.

Click on below link for opinions on how the Wall Street crisis will affect Jersey City.  No one really knows what is going to happen next, we will be hearing speculation from everyone.  But business does continue and people will always need to a place to live. 
In the Region - New Jersey - Fallout From Wall Street Crisis Is Felt in Jersey City - NYTimes.com

Open House today, Saturday Sept 13th

Published Sep 13, 2008 by Judy Marciano.






please join us today at 128 Madison Street for our open house from 2-4 - complete renovation, 5 one bedroom condo's available priced from $329,000, for more details visit http://www.128madison.com/



Hoboken 1-4 family inventory

Published by Judy Marciano.

one family:
units = 10
ave. price = $1,265,100

two family:
units = 5
ave. price = $1,209,600

three family:
units = 8
ave. price = $1,430,500

four family:
units = 3
ave. price = $1,565,000

information compiled on 09.13.08 from Hudson County MLS, informatin deemed reliable but not guaranteed.

Sept. 11 tributes tomorrow - NJ.com

Published Sep 10, 2008 by Judy Marciano.

please click on below link for information regarding Sept 11th tributes, we should all take a moment to remember this sad day and pay tribute to all those who lost their lives 
Sept. 11 tributes tomorrow - NJ.com

Pier C, Hoboken

Published Sep 7, 2008 by Judy Marciano.












While walking to the feast today, first we passed the park at Pier A which was packed as it usually is on a beautiful weekend day.  As we continued to walk and passed the construction going on at Pier C, the newest park planned for the Hoboken waterfront, it was very obvious how important it will be to have more open space in this community. As Hoboken continues to grow and expand, the residents really need a place to enjoy within their own community and what better place than a park along the Hudson River!

The Feast of the Madonna Dei Martiri - procession is today

Published by Judy Marciano.




Due to the rain yesterday the procession of the statue was cancelled and will take place today. They will leave St. Francis (at 3rd and Jefferson) at about 1:30 pm today.


In the Region - New Jersey - First-Timers’ Charm - NYTimes.com

Published Sep 6, 2008 by Judy Marciano.

Good article for first time buyers from NYT, click on below link to read it
In the Region - New Jersey - First-Timers’ Charm - NYTimes.com

other Hoboken inventory information

Published by Judy Marciano.


While going through the Hudson County MLS earlier updating my weekly inventory report, I noticed a few interesting pieces of information regarding inventory.  For instance, the W-Hotel at 225 River Street.  A lot of people ask about this property yet there wasn't a lot to share from the MLS.  So I searched 225 River Street to see what would come up and 3 units came up in the category of "under contract".  Obviously none have closed yet so the actual selling price is not disclosed but I can give you some general information on these 3 units.  One was listed for $4,500,000.  It is a 4 bedroom 3.5 bath plus 2 "other" rooms.  The size of this unit is approx 4,273 sq ft and it's on the 26th floor.
There is a 2 br/2.5 bath under contract listed for $1,850,000 on the 20th floor and it is approx 1900 sq ft.  The other 2 br/2.5 bath that is under contract is listed for $1,995,000 on the 23rd floor.
I also noticed a lot of listings coming up at 1125 Maxwell Lane.  There are a total of 17 active listings on the MLS for this building ranging in price from $578,000 to $2,350,000.  10 of the 17 units are one bedrooms ranging from $578,000 (one bedroom at 707 sq ft) to $1,150,000 (1426 sq ft).  6 of the 17 units are two bedrooms ranging from $906,990 to $2,350,000.  There was only one active three bedroom listed.
It will be interesting to watch the inventory on this particular building as I've heard that some people have decided not to go forward with their purchase due to the many delays.  

Hoboken condo inventory

Published by Judy Marciano.

studio = 18 units
median price = $441,995 
6 of the 18 units are at 1500 Garden
4 of the 18 units are at Hudson Tea
under contract = 6 units

one bedroom = 127 units
median price = $424,900
under contract = 67 units

two bedroom = 254 units
median price = $635,400
under contract = 97 units

three bedroom = 39 units
median price = $835,000
under contract = 9 units

four bedroom = 6 units
median price = $1,400,000
under contract = 1 units
(The unit under contract is at the W Hotel, listed for $4,500,000 at 4273 sq ft)

information compiled on 09.05.08 from the Hudson County MLS, information deemed reliable but not guaranteed

Hoboken condo inventory

Published by Judy Marciano.

studio = 18 units
median price = $441,995 
6 of the 18 units are at 1500 Garden
4 of the 18 units are at Hudson Tea

one bedroom = 127 units
median price = $424,900
under contract = 67 units

two bedroom = 254 units
median price = $635,400
under contract = 97 units

three bedroom = 39 units
median price = $835,000
under contract = 9 units

four bedroom = 6 units
median price = $1,400,000
under contract = 1 units
(The unit under contract is at the W Hotel, listed for $4,500,000 at 4273 sq ft)

information compiled on 09.05.08 from the Hudson County MLS, information deemed reliable but not guaranteed

The Feast of the Madonna Dei Martiri - procession is today

Published by Judy Marciano.

Due to the rain yesterday the procession was cancelled and will take place today. The statute will leave St. Francis at about 1:30PM.
Today is the actual procession of the statue which should start at about 1:30PM. If you have never seen this, it is a special experience which almost brings you back in time. But on another note, if you are driving around Hoboken during the procession, there may be traffic delays on certain streets. For more details you can visit http://www.hobokenitalianfestival.com/


or call the festival hotline at 201.216.0252

Brokers Open House - 9 of them

Published Sep 4, 2008 by Judy Marciano.

There were 9 brokers open houses in Hoboken today, obviously a sign that sellers have waited for after August to list their properties in order to hit the market in September (a much busier time in the real estate market).  But 9 brokers open houses is a lot in one day.  When you get a new listing, a good realtor will host an open house to the other offices & agents in town in order to give them the opportunity to preview a property when it first hits the MLS.  To me this is one of the best ways to market your listing by giving it the most exposure possible, not only to the public but specifically to other realtors.  It's a great way to introduce your listing to others and it allows you the ability to explain all the details and specifics of the listing.  Lunch or desert will be served to make it more attractive for agents to take the time to attend.  Today's open houses consisted of anything from an actual barbeque to special homemade deserts.  Some realtors offer a contest (raffle for a prize) instead of serving food.  The more that attend, the better.  And if you really want to get specific feedback, the listing agent will have everyone who attends fill out a survey asking them for their opinions on pricing, how the unit shows and any suggestions on how they would  improve the way the property shows.  

new Starbucks in Hoboken

Published Sep 1, 2008 by Judy Marciano.


The newest Starbucks is now open at 314 Washington Street.  Stopped by this afternoon for a coffee and the place was packed.  It's definitely on a very active part of Washington Street, I think it's going to do well.  And they do have good timing as Dunkin Donuts which is close by is currently closed for renovations.

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
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