Hoboken Real Estate Ranks Among Best in New Jersey

Citing high median incomes ( $101,782 per year) and a wealth of amenities, Hoboken Real Estate values are among the best in the state, according to a recent survey—on average 48 percent higher than the rest of New Jersey.

Before we all spin around and say, “tell us something we don’t know,” let’s take a second and look at the survey’s methodology:

Real Estate blog Movoto as taken 50 municipalities in the Garden State and boiled them down on the basis of the following seven criteria:

-Amenities per person (pizza places, bagel shops, and diners / person)
-Amenities total (total pizza places, bagel shops, and diners)
-Cost of living (percent above or below state average)
-Crime (percent above or below state average)
-Education (high school degree attainment rate compared to state average)
-Median Income (city’s average compared to state average)
-Home value (percent above or below state average)

Regarding amenities, Movoto chose pizza places, bagel shops, and diners as “three amenities that clearly represent New Jersey.”

On that metric alone, this survey seems pretty valid…

“Fair enough.”