🏙️ HOBOKEN REAL ESTATE MARKET RECAP
October 22, 2025 – Daily Market Update
Welcome to your comprehensive daily overview of the Hoboken real estate market. Stay informed with the latest property activity, market movements, and insights from Hudson County’s most competitive neighborhoods.
🏠 ACTIVE LISTINGS
Fresh Properties Hitting the Market
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68 Park Ave Unit 7 – $3,400/month | 1BR | 699 sq ft | $4.86/sq ft
Type: Condo | Days on Market: 1 -
1027 Washington St Unit 2F – $529,000 | 1BR | 500 sq ft | $1,058/sq ft
Type: Condominium | Days on Market: 1 ⭐ Highest $/sq ft today!
Active Summary:
2 active listings today — total inventory value of $532,400 (excluding rentals).
Both listings launched October 21, signaling continued early-week momentum in Hoboken’s condo and rental markets.
⚖️ PENDING – ATTORNEY REVIEW
Properties with accepted offers pending legal review
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79 Madison St Unit 4A – $399,000 | 1BR | 600 sq ft | $665/sq ft
Days on Market: 9 | Contract Date: 10/20/2025 -
510 Monroe St Unit 408 – $610,000 | 1BR | 745 sq ft | $818.79/sq ft
Days on Market: 12 | Contract Date: 10/20/2025
Attorney Review Summary:
2 properties currently in attorney review totaling $1,009,000.
Average pricing aligns with Hoboken’s mid-tier condo market ($700–$850/sq ft).
🤝 UNDER CONTRACT
Properties progressing through the closing process
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303 Madison St Unit 401 – $3,750/month | 1BR | 668 sq ft | $5.61/sq ft
Class: Residential Rental | Contract Date: 10/21/2025 | Days on Market: 11
Under Contract Summary:
1 rental unit under contract, continuing strong demand for 1BR leases under $4,000/month.
✅ RECENTLY SOLD
Completed transactions setting market benchmarks
No sales reported in this dataset for the latest cycle.
📊 MARKET INSIGHTS & TRENDS
Today’s Key Metrics
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Active Listings: 2 properties
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Pending (Atty Review): 2 properties totaling $1.009M
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Under Contract (Rentals): 1 property
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Recent Sales: 0
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Price Range: $3,400 – $610,000
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Avg. $/sq ft: ~$762
Market Commentary:
The Hoboken market remains highly active in the sub-$1M condo range. Both newly listed properties entered the market at strong four-figure pricing, underscoring sustained buyer interest. Meanwhile, two mid-tier condos entered attorney review, keeping transactional flow steady.
🎯 MARKET OUTLOOK
What to Watch
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Absorption of 1BR mid-tier condos in $400–$600K range
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Continued rental velocity under $4,000/month
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Early signs of Q4 pricing stability
Buyer Takeaways:
Limited inventory continues to support firm pricing. Quick absorption under 2 weeks suggests ongoing competition for well-located 1BR units.
Seller Takeaways:
Attractive time to list smaller condos; buyer demand remains consistent. Properties under $700K are showing strong movement within 10–12 days on average.
🏁 SUMMARY SNAPSHOT
| Category | Count | Total Volume | Avg. Price | Avg. DOM |
|---|---|---|---|---|
| Active Listings | 2 | $532,400 | $266,200 (excluding rental) | 1 |
| Pending (Attorney Review) | 2 | $1,009,000 | $504,500 | 10.5 |
| Under Contract | 1 | $3,750/mo | — | 11 |
| Sold | 0 | — | — | — |
🏡 HOBOKEN MARKET INSIGHT
“October 21 reflects steady market rhythm, driven by 1BR condos and rentals. Pricing remains strong, absorption remains efficient, and buyers continue to demonstrate confidence in Hoboken’s compact-luxury market.”
