|
HUDSON REALTY GROUP’S
MONTHLY REAL ESTATE UPDATE
AUGUST 2016 EDITION
YOUR SOURCE FOR HOBOKEN AND JERSEY CITY REAL ESTATE
|
|
NEW – HOBOKEN AND JERSEY CITY REAL ESTATE MARKET REPORT
|
|
Over the first half of 2016, the residential real estate market in Hoboken and Downtown Jersey City continued the up-ward trend in pricing experienced since 2012. Inventory remained near all-time low levels with only 1.5 to 2 months of supply. The volume of activity slowed slightly relative to the 1st half of last year down 7% in closed condos and 6% under contract as well as 22% less townhome closings (46 vs 59). The sharp declines in the stock market seen in January and February slowed high-end sales activity by giving buyers reason to pause but things got back to normal after the stock market recovered in March…<Continue in Report>
|
|
REAL ESTATE AND COMMUNITY NEWS
|
|
 HOBOKEN HISTORICAL MUSEUM:
HOBOKEN HOUSE TOUR
October 30, 2016 • 10am-4pm
Ticket Location: Hoboken Historical Museum, 1301 Hudson St., OR Fire Department Museum, 213 Bloomfield St. The Annual Hoboken House Tour will feature up to 10 homes and condos graciously opened to visitors by Museum supporters to help raise funds.
|
|
 WSJ: HOBOKEN, NJ IS A HAPPENING PLACE
“It always called me back,” said Ms. Miller, who now owns a two-bedroom condominium in uptown Hoboken. “The commute can’t be beat. It’s a cool town with lots to do. I’m from New Jersey—I never wanted to take the leap to Manhattan because I’m always visiting family.”…
|
|
 JERSEYDIGS.COM: THESE 10 INTERACTIVE PHOTOS SHOW HOW MUCH JERSEY CITY HAS CHANGED IN 8 YEARS
“With unprecedented population growth, an influx of new shops and eateries, and endless construction, there’s no doubt Jersey City is changing quickly. Nowhere else is this transformation more visible than the ever-changing skyline. Using Google Street View, RentCafe, a rental search engine, put together interactive before and after photos showing what a difference….”
|
|
 HUDSONREPORTER: CRAFT BEERS, KID’S BOOKS AND COOKIES
“From the signs and construction vehicles around town, many new offices and restaurants are gearing up to open in Hoboken in the second half of the year, including an eatery near the Viaduct serving 60 craft beers, a Greek bakery, a place that delivers fresh cookies, and new real estate offices.”…
|
|
 NJ.COM: PLANS FOR 3 MAJOR NEW JOURNAL SQUARE TOWERS MOVE FORWARD
“Jared Kushner and KABR Group are proceeding with plans to build three residential towers on two lots near the Journal Square PATH hub, towers that will include a total of 2,466 luxury residential units, 103,784 square feet of retail space and 224,539 square feet of offices.”…
|
|
DISCLAIMER: ©2015 by Hudson Realty Group at Halstead Property New Jersey LLC. All Rights Reserved. This mail is for the named addressees only. If you are not the intended recipient, please delete it from your files. All information is from sources deemed reliable but is subject to errors, omissions, change of price, prior sale or withdrawal without notice. No representation is made as to accuracy of any description. All measurements and square footage are approximate and all information should be confirmed by customer. Halstead Property and Hudson Realty Group do not represent the sale of the new construction developments highlighted in this newsletter. All rights to content, photographs and graphics reserved to Broker. This information may not be copied, commercially used or distributed without Halstead Property’s prior consent.
|
|
|
JERSEYDIGS.COM: TRADER JOE’S OFFICIALLY ANNOUNCES TIMELINE FOR HOBOKEN STORE
JERSEYDIGS: BERGEN ARCHES PROPOSAL ENVISIONS A WORLD CLASS CULTURAL DESTINATION IN JERSEY CITY
