Hoboken Real Estate

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Hoboken Real Estate & Homes for Sale in New Jersey

Hoboken, NJ is an urban community that is casual and sophisticated, as well as relaxed and upbeat. Real estate options consist of detached, single-family homes, condominiums, townhouses, and apartments. Located within Hudson County on the banks of the Hudson River, Hoboken is close to Manhattan, New York City, Weehawken Cover, Union City and Jersey City. Major roadways such as Interstates 95, 78, 280 and 495 are quickly accessible and link Hoboken residents to almost anywhere they need to go. Hoboken?s 40,000-plus population enjoys this central location and the city?s diverse selection of amenities, properties and things to do. Days can be filled with shopping, entertainment, community festivals, socializing and networking. Business and interest groups are many, and new residents have little trouble finding a way to meet and interact with their new neighbors. Notably, Hoboken has the distinction of being the birthplace of Frank Sinatra; some also argue that the city hosted the first official baseball game. Landmarks in Hoboken include Castle Point, Hoboken Historical Museum and Marine View Plaza. The city has its own public school district, Hoboken Public Schools, which consists of two middle schools, three primary schools and Hoboken High School. Several private schools and two charter schools provide even more options for Hoboken families.

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Price Range of Hoboken Houses

The riverfront community of Hoboken features historic brownstones, trendy apartments and water view homes. A good percentage of Hoboken homes were built prior to 1939, but many properties have been modernized or rebuilt over the years. The city?s real estate selection is varied enough to present something for just about everyone, from luxury properties to charismatic fixers. Prices for detached, single-family homes range from about $400,000 up to $2 million, with the average listing price being in the mid-$600,000s. Larger homes, with four or more bedrooms, tend to carry premium price tags, as do water view properties. Condominiums and townhouses can be an economical option for buyers on a budget; there are many of these units available for less than $600,000.

Hoboken Real Estate Stats and Trends for the week of April 17th, 2017: homes priced around $1,748,500 compared to $1,618,600 the previous week, showing a increase of more than +7%.  For Monday, April 20th, the current national mortgage rate for a 30 year fixed mortgage is 4.51%; the 15 year fixed rate is at 3.90%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 4.41%, while the 15 year jumbo rate currently is at 4.12%.

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