Hoboken Market Review - 10/22/25

Hoboken Market Review - 10/22/25

🏙️ 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 dynamic neighborhoods.


🏠 ACTIVE LISTINGS

Fresh Properties Hitting the Market

  1. 719 Adams St Unit 2R$415,000 | 1BR | 622 sq ft | $667.20/sq ft
    Type: Condominium | Days on Market: 1

  2. 235 Monroe St Unit 11$429,900 | 2BR | 659 sq ft | $652.35/sq ft
    Type: Condominium | Days on Market: 1

  3. 820 Hudson St Unit C4$525,000 | 1BR | 570 sq ft | $921.05/sq ftHighest $/sq ft today!

Active Listing Summary:
3 new active listings today totaling $1,369,900.
Average pricing: $456,633 | Average price per sq ft: ~$747/sq ft
This new batch of listings highlights steady 1–2BR activity under $600K with strong per-square-foot performance.


⚖️ PENDING – ATTORNEY REVIEW

Properties with accepted offers pending legal review

  1. 232 Park Ave Unit 2N$550,000 | 1BR | 625 sq ft | $880/sq ft
    Days on Market: 32 | Contract Date: 10/22/2025

Attorney Review Summary:
1 property currently in attorney review totaling $550,000.
Consistent with Hoboken’s mid-tier condo market, maintaining strong sub-700 sq ft pricing near $900/sq ft.


🤝 UNDER CONTRACT

Properties progressing through the closing process

  1. 1025 Maxwell Lane Unit 1106$7,000/month | 2BR | 1,298 sq ft | $5.39/sq ft
    Class: Residential Rental | Days on Market: 28 | Contract Date: 10/22/2025

Under Contract Summary:
1 rental unit under contract reflecting continued strength in the luxury rental sector, particularly in Maxwell Place — one of Hoboken’s premier waterfront addresses.


RECENTLY SOLD

No recently closed sales reported in this dataset.


📊 MARKET INSIGHTS & TRENDS

Today’s Key Metrics

  • Active Listings: 3 totaling $1.37M

  • Pending (Atty Review): 1 totaling $550K

  • Under Contract: 1 luxury rental at $7,000/month

  • Recent Sales: 0

  • Price Range: $415K – $550K (sales) | $7,000 (rental)

  • Avg. $/sq ft (active condos): ~$747

Market Commentary:
Hoboken continues to exhibit stability in the mid-market segment, with active 1–2BR condos in the $400K–$550K range achieving healthy $650–$900/sq ft values. The Maxwell Lane rental under contract underscores sustained demand for luxury waterfront living.


🎯 MARKET OUTLOOK

What to Watch

  • Absorption of newly listed mid-market condos (under $500K)

  • Continuation of strong per-square-foot performance above $650/sq ft

  • Premium rental velocity at $7,000+ monthly range

Buyer Takeaways:
Ample 1BR condo options remain available at competitive price points under $500K, ideal for first-time buyers and investors seeking strong rental yields.

Seller Takeaways:
Properties priced under $600K with modern layouts and desirable locations continue to move quickly, even with increased inventory.


🏁 SUMMARY SNAPSHOT

Category Count Total Volume Avg. Price Avg. DOM
Active Listings 3 $1,369,900 $456,633 1
Pending (Attorney Review) 1 $550,000 $550,000 32
Under Contract 1 $7,000/mo 28
Sold 0

🏡 HOBOKEN MARKET INSIGHT

“October 22 continues Hoboken’s trend of stable condo performance under $600K with rising $/sq ft averages near $750. The luxury rental at Maxwell Lane signals ongoing strength in the high-end leasing market, rounding out a balanced day for both buyers and landlords.”

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At the heart of every successful real estate transaction is a team dedicated to achieving results and exceeding client expectations. Marc Brenner and Matthew Gray bring together years of experience, market expertise, and a client-first approach to help you navigate the complexities of buying, selling, or investing in real estate.

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