NY Giants Quaterback Eli Manning recently purchased another condominium at Hoboken's Hudson Tea Building. This latest purchase makes his direct east facing residence total an impressive 3,555 sq.ft. For further detail's on Eli Manning's condo, check out Living on the Hudson.
Here is a quick summary of the condominium sales activity in Hoboken & Downtown Jersey City for January 2011. All information is gathered from the Hudson County MLS.
Hoboken
Active: 347
Under Contract: 122
Sold: 38
Downtown Jersey City
Active: 302
Under Contact: 77
Sold: 15
To view additional market detailas & the Top 3 condominium sales for January in Hoboken & Downtown Jersey City, please visit Living on the Hudson.
I recently looked back the Hoboken condo market for 2010 to see what the overall top sales were.
The most expensive sale according to the Hudson County MLS occurred in May at the W Hotel & Residences. A 3 bedroom north/east facing condo sold for $2,400,000.
Other notable sales include a penthouse at the Garden Street Lofts selling for $2,300,000 in June and a 3,600 sq.ft. penthouse at 2 Constitution Court selling for $2,200,000 in September.
To view the complete list of the top 10 Hoboken condo sales of 2010, please visit Living on the Hudson.
Recently two identical condos sold at 700 Grove in Jersey City. One was a traditional sale and the other was a short-sale/pre-foreclosure.
Did the short-sale sell at an exteme discount as compared to the traditional sale?
Unit 7P sold for $453,000 (Traditional Sale)
Unit 6P sold for $450,000 (Short Sale)
Both condos closed within a month of each other.
For the latest in Jersey City real estate news, feel free to visit Living on the Hudson.
Crystal Point, a residential condominium development project has reached 70% units under contract with 60% of the units closed. Located at 2 2nd St. in downtown Jersey City, the building features 1, 2, & 3 bedroom layouts on the Hudson River waterfront.
To see what the condos at Crystal Point have been selling for, please visit Living on the Hudson.
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