hOMES: Weekly Insight Into Hoboken & Jersey City Real Estate Trends | December 29, 2017

Hoboken & Jersey City Real Estate Trends | December 29, 2017

by Ann Wycherley
Broker Associate, Century 21 Innovative Realty

If you are planning on braving the cold snap and look at homes this weekend we have compiled a list and statistics on everything that is currently on the market in all the areas we cover. Wishing everyone a happy, healthy and prosperous New Year!

HOBOKEN:
Studio/ 1-Bedrooms
39 available units, the average price is $625,263 and the average price per sq/ft is $821.

2-Bedrooms
41 available units, the average price is $1,072,350 and the average price per sq/ft is $829.

3-Bedrooms
17 available units, the average price is $2,095,207 and the average price per sq/ft is $954.

4-Bedrooms
13 available units, the average price is $2,445,153 and the average price per sq/ft is $781.

Single-Family Homes
17 single family homes, ranging from $1,400,000 to $3,999,000

DOWNTOWN JERSEY CITY:
Studio/ 1-Bedrooms
56 available units, the average price is $649,905 and the average price per sq/ft is $829.

2-Bedrooms
13 available units, the average price is $1,094,179 and the average price per sq/ft is $913.

3-Bedrooms
16 available units, the average price is $1,593,812 and the average price per sq/ft is $884.

4-Bedrooms
2 available units, the average price is $1,424,500 and the average price per sq/ft is $781.

Single-Family Homes
2 available homes, ranging from $869,000 to $1,500,000.

JERSEY CITY HEIGHTS:
Studio/ 1-Bedrooms
14 available units, the average price is $324,700 and the average price per sq/ft is $445.

2-Bedrooms
17 available units, the average price is $389,288 and the average price per sq/ft is $442.

3-Bedrooms
16 available units, the average price is $564,500 and the average price per sq/ft is $389.

Single-Family Homes:
11 single family homes ranging from $339,000 to $1,200,000.

JOURNAL SQUARE:
21 available units, the average price is $275,609 and the average price per sq/ft is $351.

2-Bedrooms
25 available units, the average price is $372,259 and the average price per sq/ft is $354.

3-Bedrooms
7 available units, the average price is $505,614 and the average price per sq/ft is $357.

Single-Family Homes:
9 available properties ranging from $349,000 to $1,150,000.

BERGEN-LAFAYETTE:
4 single family homes ranging from $170,000 to $455,000.

(Information provided by Hudson County MLS)

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Ann Wycherley is an award-winning realtor with over 15 years of solid real estate experience in the Hoboken and Jersey City market.

She has been recognized by the New Jersey Realtors Circle of Excellence for many years, having earned the Gold Level of Excellence for 2015 and 2016, meanwhile awarded Lifetime Membership in the New Jersey Association of Realtors Distinguished Sales Club.

Other accolades include the coveted Centurion Award for the past five years running (2012-2016), which represents the premium level of achievement within the Century 21 organization.