Weehawken Market Update

Right now, the Weehawken real estate market is in a great place for buyers. Median sales prices are still down almost 8% from last year, and there continues to be a large supply of unsold properties on the market.

With an average absorption rate of 9.3 months (12 for single family homes, 7 for multi-family homes, 10 for condos and co-ops), that leaves buyers plenty of bargaining power and lots of properties from which to choose. These numbers have dropped significantly from four months ago, when we were looking at an average absorption rate of 13.4 months, with 12 months for single family homes and 17 months for multi-family. This is a strong indication that the market is recovering and prices will only head up.

Here’s the good news for sellers: the number of home sales jumped 111% this year. That’s another indication that the market is heading back up, and soon sellers will have a lot more say at the bargaining table. Median sales prices are still down 8% from last year, but with sales on the rise, we can expect that prices aren’t far behind. Weehawken’s desirable location and proximity to New York City will keep the market heading up, and protect home values from national housing dips.

If you’re interested in exploring properties in Weehawken or elsewhere in NJ, contact your local expert Adele Tamburo at (201) 892-5029 to get started today!

Read current Weehawken NJ homes for sale news or browse current properties on the market on our Weehawken property search.

926 Castle Point Ter Hoboken, NJ

Here is a remarkable piece of Hoboken real estate filled with every luxury amenity and appliance, in a highly sought after location. Come see for yourself this huge property, originally built as two side by side homes, one five bedroom owner’s unit and an additional five bedroom unit that can be rented out.

Sited on the prestigious and picturesque corner of Elysian Park, this incredible Hoboken home has unparalleled views of the park and nearby New York City. You’ll love entertaining throughout this stunning home, but especially in the graciously over-sized living room with its bay windows and parquet floors. Your renovated kitchen featuring all top of the line materials opens up to a formal dining room, where you could host a dinner party for a dozen of your closest friends. Enjoy star gazing from your secluded balcony that overlooks the largest yard in Hoboken. Don’t miss out on this amazing real estate property just minutes from New York!

If you’re interested in exploring properties in Weehawken or elsewhere in NJ, contact your local expert Adele Tamburo at (201) 892-5029 to get started today!

Read current Weehawken real estate news or browse current properties on the market on our Weehawken listings search.

We're sorry, but we couldn't find MLS # 120004635 in our database. This property may be a new listing or possibly taken off the market. Please check back again.

226 Highpoint Ave Weehawken, NJ

Here is an incredible Weehawken real estate opportunity waiting to be scooped up by a smart investor. This rare three family home is located along a beautiful reservoir in a most desirable part of town, just minutes from the bus to New York City.

Inside, this Weehawken property is a combination of old world elegance and modern luxury. The owner’s first floor apartment is a dream come true with a gourmet kitchen outfitted in granite, stainless steel Bosch, custom lighting and a convenient breakfast bar. You’ll notice other sophisticated details throughout including etched glass pocket doors, high ceilings and natural light streaming in. Out back, you can relax in the Hufnagel custom landscaped private backyard.

The second floor boast a new kitchen with stainless steel appliances, and a private terrace overlooking the reservoir. The third floor can claim skylights and an entire wall of closets. Every floor of this Weehawken home is a gem! There’s also laundry in the full walkout basement, as well as a new boiler. Don’t miss out on this incredible Weehawken real estate opportunity!

If you’re interested in exploring properties in Weehawken or elsewhere in NJ, contact your local expert Adele Tamburo at (201) 892-5029 to get started today!

Read current Weehawken homes news or browse current properties on the market on our Weehawken NJ real estate search.

We're sorry, but we couldn't find MLS # 120004514 in our database. This property may be a new listing or possibly taken off the market. Please check back again.

Weehawken Market Update

Weehawken is a terrific place for real estate, and the market’s in a good spot for buyers and sellers. Right now, buyers can get a good deal on an undervalued home, as median sales prices are down 21% at $402,000, just a little more than half of the average listing price. Average price per square foot fell 52% in the past year, and you can look forward to making a killing if you buy now and sell later.

On the other hand, home sales shot up 77% this year, which means sellers are able to unload their properties and people are buying. So long as you’re pricing your home at fair market value, it will likely sell within a short time. And though prices are down now, the uptick in sales is a good indication that prices will be heading up soon. So if you’ve got time to hold out, you may want to do that and rake in a higher profit.

If you’re interested in exploring properties in Weehawken or elsewhere in NJ, contact your local expert Adele Tamburo at (201) 892-5029 to get started today!

Read current Weehawken NJ real estate news or browse current properties on the market on our Weehawken listing search.

2310 Palisade Ave Weehawken, NJ

Here is a stunning Weehawken home in the perfect part of town. Come see this lovely home with four spacious bedrooms and three immaculate bathrooms. You’ll notice an elegant combination of Victorian style with comfort and convenience for a luxurious lifestyle.

Chefs will enjoy cooking in the large galley kitchen which comes with granite counters and a great mix of period cabinetry original to the house. There’s a separate sunny breakfast room off the kitchen where you can relax before heading to work. The sun porch is a great place to sip your morning cup of coffee. You’ll love entertaining in the formal dining room and adjacent living room. You’ve also got an awesome third floor suite which has its own bedroom with skylights, a full bathroom, and an artist loft type space with cathedral ceilings. Don’t miss out on this incredible Weehawken real estate!

If you’re interested in exploring properties in Weehawken or elsewhere in NJ, contact your local expert Adele Tamburo at (201) 892-5029 to get started today!

Read current Weehawken properties news or browse current properties on the market on our Weehawken NJ listings search.

2310 PALISADE AVE, Weehawken, NJ 07086 (MLS # 120003581)

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Spacious home w. comfortable size rooms & a true combination of Victorian style w. the comfort & convenience of many upgrades. 2.5 modern bths, galley kitchen w. granite counters & a great mix of period cabinetry, original to the house. Separate sunny breakfast room off kitchen. Sunporch. Formal DR and LR (adjacent) making for great entertaining space. Awesome 3rd fl suite incl Great size BR with skylights, new full bath, and artist loft--type space with cathedral ceilings/skylight. Could be a media rm

Property Type(s): Single Family

Last Updated	5/3/2012	Tract	n/a
Year Built	n/a	Community	Weehawken
Garage Spaces	n/a	County	Hudson
Total Parking	n/a	Walk Score ®	94

Location

Listing information deemed reliable but not guaranteed. Read full disclaimer.

Listing provided by REMAX VILLA REALTORS

(view all details for MLS #120003581)