This brownstone in Hoboken went under contract for $350,000 more than it was originally listed for in just five days.
The home, which has six bedrooms and four full and one-half bathrooms, was advertised for $3.3 million on March 7. It closed for $3.65 million last month.
The listing agent, Christie’s International Real Estate’s Kaja Bolton, described the situation as “insane.” We had, I believe, seventy groups pass through. That activity is more like that of a suburb. However, there aren’t many on the market right now, so we get a lot more folks. Forty groups would normally be fantastic.
The most expensive single-family home to sell in Hudson County this year is a 4,000-square-foot property located in a posh neighborhood of Hoboken on Garden Street, which is bordered by trees.
A Jersey City house with four bedrooms and four bathrooms that closed on March 12 for $3.25 million was the previous highest transaction.
According to Bolton, the Hoboken house underwent some primping before being up for sale.
She said, “I painted the entire house and put in furniture that I felt would appeal to someone looking for that type of property. I think it paid off. I staged a lot,” she said.
The Greatest Cost in Hoboken
A peek into the kitchen before renovations.
New light fixtures were added, the island surface was modified, and the kitchen cabinets were painted.
She replaced the light fixtures, painted the cabinets, and replaced the cabinet handles in the kitchen. She also rebuilt the granite on the island. “I believe it warmed it and softened it.”
Additionally, the main bathroom was updated.
Bolton remarked, “I don’t think people can imagine what a house could be.” “They’ll pay more if you help them realize that.”
Eight bids were made on the house.
The winning bidder’s agent was Coldwell Banker Realty’s Jim Ristagno.
He remarked, “This property was special because it’s 21 feet wide.” “Considering that it’s a 4,000 square foot home, that’s huge for Hoboken.”
In Hoboken, typical house widths range from 12.5 to 24 feet. It’s very uncommon to get over 20 feet wide, according to Ristagno.
The house also features original trim, 11-foot ceilings on the parlor level, and a wider backyard due to its large 21-by-100-foot lot.
The one-square-mile city of Hoboken is appealing due to its restaurants, bars, and walkability as well as its many transit options, which include the PATH train, bus, and ferry into New York City, as well as extra rail lines for those wishing to travel west into New Jersey or toward the Jersey Shore.
In comparison to Jersey City, the city’s neighbor, it is also less populous. Jim Ristagno remarked, “Hoboken has done a great job maintaining the neighborhood feel.” “Unlike Jersey City, you don’t have the large 40–50 foot towers.”
