August 2017 Real Estate Newsletter

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HUDSON REALTY GROUP’S
  
 MONTHLY REAL ESTATE UPDATE

      
AUGUST 2017 EDITION
          

YOUR SOURCE FOR HOBOKEN AND JERSEY CITY REAL ESTATE
    

HUDSON REALTY GROUP LISTINGS

SEARCH MLS LISTINGS

HOBOKEN: 313 1st Street #PH

Penthouse Loft

2 Bedrooms | 2.5 Bathrooms

3,180 SF | 1 Car Garage Parking

Asking: $2,470,000

halstead.com/313firstst

HOBOKEN:  1201 Park Avenue

1 Family Townhouse

4 Bedrooms | 2 Bathrooms

Corner Lot: 17.03×80 | 2 Car Garage

Patio Backyard | Full Basement 

Asking:  $1,895,000

halstead.com/1201parkave

UNION CITY:  203 Manhattan Avenue

3-Story Historic Private Home

6 Bedrooms | 3.5 Bathrooms

4100 SF | Office & Media Room+

Wrap Around Garden | 2 Car Parking

Asking: $1,300,000

halstead.com/203manhattanave

HOBOKEN: 1022 Hudson Street #1

Brownstone Condo

2 Bedrooms | 2.5 Bathrooms

1,240 SF | Original Details

Asking: $985,000

halstead.com/1022hudsonst

HOBOKEN: 150 Newark Street

2,221 SF Commercial Storefront

16′ x 75′ Prominent Frontage

$5.40 SF/month & $64.83 SF/year

Asking:  $12,000/mo

halstead.com/150newarkst

UNDER CONTRACT

.

NEW CONSTRUCTION

 ONE PARK:  Cliffside Park, NJ

 -1 beds start $495k+

 -2 beds start $822k+

 -3 beds start $1.28M+

 204 Units, 14 Stories. Every unit

 includes outdoor space & one reserved

 garage parking space. Summer 2018

 occupancy.  Contact Matt Brown at

 201.805.7403 for more details.

 PARK | SHORE:  Jersey City, NJ

 -Studios start $575k+

 -1 beds start $650k+

 -2 beds start $1.13M+

 -3 beds start $2.25M+

 429 Units between 75 Park Lane &

 Shore  House.  Luxury amenities &

 breathtaking  views. Spring/Summer 2019

 occupancy. Contact Matt Brown at

 201.805.7403 for more details.

MARKET REPORT

REAL ESTATE AND COMMUNITY NEWS

NEWYORKYIMBY: Interview With The Mayor: Steven Fulop Talks Jersey City’s Continuing Development Boom   “Back in 2014, YIMBY sat down with the Mayor of Jersey City, Steven Fulop, to discuss the latest happenings across the Hudson. The city’s skyline has been continuously changing since then, and YIMBY revisited similar topics once more in an interview with the Mayor this week.…”

JERSEYDIGS: Dramatic Rental Conversion Underway at Historic Van Vorst Church  “In collaboration with Dixon Projects, follow along as we chronicle the residential conversion of Downtown Jersey City’s historic and architecturally significant Scotch Presbyterian Church.

Situated in the quiet, tree-lined Van Vorst Park Historic District, a stunning four-story church and…”

HOBOKENPATCH: Hoboken Developers Break Ground On Luxury Apartments, Public Gym/Park   “Development partners Bijou Properties and Intercontinental Real Estate Corporation have officially broken ground on a multi-faceted project…”

JERSEYDIGS: Luxury Car Club ‘Hudson Stables’ Coming to Hoboken   “Of all the selling points Hudson County has, one sore spot seems to come up all the time: parking. Complaints about the lack of parking in Hoboken or Jersey City over the years could fill an entire set of Encyclopedias but relief in the form of a new car club and storage facility is coming soon to Northwest Hoboken.…”

JERSEYDIGS: 22-Unit Building Could Replace Viaquenti Preschool at 285 Newark Avenue  “If you visited Newark Avenue in Downtown Jersey City five years ago and went back there again today, you would be forgiven if you thought you were in a different place. From a pedestrian plaza to new restaurants to.…”

JERSEYDIGS: Ambitious 808 Pavonia Project Approved, Aims to Bring Culture to Journal Square   “A rebirth in Journal Square has been an elusive goal in Jersey City over the years, but a new building boom is demonstrating that the neighborhood’s oft-promised revitalization is finally happening. Now, long time property owners behind a new development are aiming to bring some vibrancy and culture to the area, hoping to have shovels in the ground on their own project by 2019.…” 

JERSEYDIGS: Choc•O•Pain Coming to Hoboken’s Hudson Tea Building  “Business is busy these days for Choc•O•Pain owner Clemence Danko. Earlier this month, the French bakery opened a 3,900-square foot commissary bakery at 330-332 Palisades Avenue to better suit their growing baking needs and now, the company will be expanding their footprint in the Mile Square City.…”

JERSEYDIGS: Behind the Scenes at Hudson Hall, Opening Later This Month in Jersey City   “Last year, a new concept was unveiled for the former Powerhouse Lounge space in Jersey City’s Downtown and in just a few short weeks, a smoke house dubbed Hudson Hall will be opening its doors…”​

CITYOFHOBOKEN: Hoboken Opens Northwest Pop-Up Park and Municipal Parking Lot   “The City of Hoboken has opened the Northwest Pop-Up Park located at 12th Street and Adams Street and a new, temporary 90-space municipal parking lot located at 1301 Jefferson Street.

“The opening of this park is a milestone moment for Hoboken,” said Mayor Dawn Zimmer. “My vision has always...”

JERSEYDIGS: Demolition Underway at Second ‘Journal Squared’ Site   “Just over three years ago, KRE Group was in the process of demolishing a small house and parking lot at 615 Pavonia Avenue to prepare for construction of a 538-unit tower. That building, the first phase of their ambitious Journal Squared development, now soars 53 stories and is a landmark in the neighborhood…”

JERSEYDIGS: Retail Roundup, Hoboken: Surf Taco & Jefferson’s Coffee Coming Downtown   “Of all the famous pairings that come to mind, tacos and coffee might not seem the most obvious. But later this year, both options will be expanded in Hoboken, as two new shops are set to open in the city’s downtown section. Since the sustainably-minded The Taco Truck closed earlier this year...”

JERSEYDIGS: Forest City Seeks Approvals for Hudson Exchange West Phase II Tower   “Although within the past year, more development in Jersey City has been focused on sections of the city that are further inland, such as Bergen-Lafayette and The Village, the construction boom close to the Hudson River waterfront is still far from finished…”

JERSEYDIGS: Residential Building Planned for Jersey City’s Vroom Street Near Journal Square   “According to City records, the latest building to be planned for the residential area between Journal Square and McGinley Square could come to 28 Vroom Street…”

NJ.COM: Could Hoboken PSE&G substation become a park?   “The City of Hoboken and PSE&G plan to swap pieces of property under plans to protect the utility’s operations from flooding and, possibly, create a new park in the city’s southwest corner. A substation at …”

JERSEYDIGS: 57 and 59-Story High-Rises Planned for Jersey City Near Holland Tunnel   “Commuters and visitors to Manhattan could soon see a massive new mixed-use development with two high-rise towers as they enter or leave the Holland Tunnel.

According to City records, a new complex is planned for 560 and 580 Marin Boulevard, as well as…”

JERSEYDIGS: Retail Roundup, JC: Ironbound Performance, Virile Barber Shop and Coffee Chain Coming to Downtown   “As the population of Jersey City’s Downtown continues to expand, amenities and retail will continue to play an important role in the area’s growth. Thankfully, it seems that the city’s densest neighborhoods are continuing to draw…”

JERSEYDIGS: Public Hearing Regarding Hudson Tunnel Project This Thursday in Union City   “Every day, tens of thousands of commuters and visitors to New York City, as well as people traveling from New England to the Mid-Atlantic and Southern United States, pass through a tunnel that is partially located deep under…”​

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hudsonrealtygroup.com

Lindsey Brown            Matt Brown            Peter Cossio            Clare Cossio            Kim Beier

DISCLAIMER: ©2017 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. 

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