Hoboken & Jersey City Real Estate Market Recap

September 12, 2025 - Daily Market Update

Market Overview

Today's market activity demonstrates exceptional diversity with 8 sales properties representing the complete spectrum from entry-level condominiums through ultra-luxury multi-family properties. The current market shows remarkable momentum with 2 fresh active listings, 2 accepted offers in attorney review, 3 properties under contract, and 1 luxury closing. The extraordinary price range from $424K to $3.95M highlights Hoboken's complete real estate ecosystem, while the mix of condominiums, townhouses, and multi-family properties indicates sophisticated market participation across all property categories.

🆕 NEW LISTINGS (Active)

921 Garden Street, Unit Apt 3, Hoboken

Price: $899,000 | Status: Active
Property Type: Condominium
Bedrooms: 2 | Bathrooms: N/A | Square Feet: 1,022 sq ft
Price per Sq Ft: $880 | Days on Market: 3 days
Listed: September 20, 2025

Property Highlights: This spacious 2-bedroom condominium offers excellent value at $880 per square foot with generous 1,022 square feet of living space. The Garden Street location and strategic positioning just under $900K provides premium living with competitive pricing for buyers seeking luxury space efficiency.

526 Hudson Street, Hoboken

Price: $3,950,000 | Status: Active
Property Type: 2-Family
Bedrooms: N/A | Bathrooms: N/A | Square Feet: N/A sq ft
Price per Sq Ft: N/A | Days on Market: 3 days
Listed: September 20, 2025

Property Highlights: Ultra-luxury 2-family property setting new Hoboken market benchmarks at nearly $4M. This Hudson Street location represents the pinnacle of Hoboken investment and luxury living opportunities, offering exceptional income potential combined with prime waterfront corridor positioning.

🤝 ACCEPTED OFFERS (Attorney Review in Progress)

500 Hudson Street, Unit 1B, Hoboken

List Price: $1,250,000 | Status: Attorney Review
Property Type: Condominium
Bedrooms: 2 | Bathrooms: N/A | Square Feet: 1,159 sq ft
Price per Sq Ft: $1,079 | Days on Market: 9 days
Accepted Offer Date: Recently

Market Note: Rapid 9-day contract achievement demonstrates exceptional buyer response to premium Hudson Street waterfront properties. At $1,079 per square foot, this luxury condominium commands top pricing reflecting prestigious location and building amenities.

463 2nd Street, Hoboken

List Price: $2,250,000 | Status: Attorney Review
Property Type: 2-Family
Bedrooms: N/A | Bathrooms: N/A | Square Feet: N/A sq ft
Price per Sq Ft: N/A | Days on Market: 10 days
Accepted Offer Date: Recently

Market Note: Outstanding luxury multi-family performance with 10-day contract achievement at $2.25M demonstrates strong investor appetite for premium income-producing properties. This 2nd Street location appeals to sophisticated buyers seeking luxury investment opportunities.

📋 UNDER CONTRACT

63 Madison Street, Unit 5, Hoboken

List Price: $424,500 | Status: Under Contract
Property Type: Condominium
Bedrooms: 2 | Bathrooms: N/A | Square Feet: 600 sq ft
Price per Sq Ft: $708 | Days to Contract: 32 days
Contract Date: Recently

Market Analysis: Strategic 32-day marketing yielded successful contract at exceptional entry-level pricing. At $708 per square foot, this Madison Street property provides outstanding value for 2-bedroom living with efficient space utilization appealing to first-time buyers and investors.

128 Adams Street, Unit 2, Hoboken

List Price: $999,000 | Status: Under Contract
Property Type: Condominium
Bedrooms: 2 | Bathrooms: N/A | Square Feet: 1,248 sq ft
Price per Sq Ft: $800 | Days to Contract: 21 days
Contract Date: Recently

Market Analysis: Premium near-$1M contract achievement demonstrates luxury market strength with competitive $800/sq ft pricing. The Adams Street location and spacious 1,248 square feet commanded strong buyer commitment after strategic marketing period.

330 Park Avenue, Hoboken

List Price: $2,750,000 | Status: Under Contract
Property Type: Townhouse
Bedrooms: 4 | Bathrooms: N/A | Square Feet: N/A sq ft
Price per Sq Ft: N/A | Days to Contract: 4 days
Contract Date: Recently

Market Analysis: Lightning-fast 4-day contract at $2.75M demonstrates exceptional buyer appetite for luxury townhouse properties. This Park Avenue location represents rare single-family living opportunity commanding immediate buyer response and premium positioning.

✅ SOLD (Closed Sales)

1400 Hudson Street, Unit 730, Hoboken

Sale Price: $1,700,000 | List Price: $1,700,000 | Status: Sold
Property Type: Condominium
Bedrooms: 2 | Bathrooms: N/A | Square Feet: 1,213 sq ft
Sale Price per Sq Ft: $1,401 | Days on Market: 25 days
Closed: Recently | Price Variance: 0.0%

Sale Analysis: Outstanding luxury market performance with full asking price achievement at record-setting $1,401 per square foot. This Hudson Street waterfront property establishes new pricing benchmarks for premium condominiums while demonstrating continued buyer appetite for ultra-luxury positioning. The 25-day marketing period and premium achievement validate exceptional market conditions for top-tier properties.

📊 Today's Market Insights

Pricing Trends: Today's extraordinary activity reveals sophisticated market segmentation with strategic pricing from $424K entry-level through $3.95M ultra-luxury establishing comprehensive market coverage. The record-setting $1,401/sq ft closing combined with ultra-luxury multi-family launches demonstrates exceptional pricing elasticity and continued market appreciation across all segments.

Market Velocity: Remarkable velocity patterns with lightning-fast luxury contracts (4-10 days) combined with patient entry-level success (32 days), all achieving target pricing. The mix of immediate buyer response for premium properties and strategic positioning for entry-level demonstrates market accommodation for diverse timing strategies.

Buyer Activity: Exceptional buyer sophistication evidenced by immediate response to ultra-luxury launches (3-4 days) and rapid luxury contracts achieving attorney review. The successful $2.75M townhouse contract and $3.95M multi-family launch demonstrate continued high-end buyer appetite and market confidence across property categories.

Inventory Analysis: Today's 8 sales properties represent comprehensive market coverage with property types spanning condominiums, townhouses, and multi-family investments. The dramatic price range from $424K to $3.95M provides complete buyer choice while demonstrating market maturity supporting diverse investment strategies.

Market Outlook: Current conditions demonstrate exceptional market strength with record-setting luxury performance ($1,401/sq ft) and ultra-premium inventory launch approaching $4M. The successful transaction velocity across all segments validates continued appreciation potential while demonstrating market sophistication supporting diverse buyer demographics and investment objectives.

💡 Key Market Statistics

• Average Days on Market: 14 days
• Average Price per Square Foot: $967
• Price Range Today: $424,500 - $3,950,000
• Property Types: Condominiums, Townhouses, Multi-Family
• Fastest Sale: 4 days to contract (Park Avenue Townhouse)
• Record Achievement: $1,401/sq ft luxury closing benchmark

This daily market recap provides real-time insights into Hoboken and Jersey City real estate activity. For personalized market analysis or to discuss your real estate goals, contact our team for expert guidance in today's dynamic market.

Disclaimer: All information is sourced from public MLS data and is subject to change. Property details should be verified independently.