Tuesday, June 3

Cobblestone Street Homes

In Hoboken, most houses sell for over 1 million. A house 1.2 million or less is typically one that needs a lot of work...renovations costing anywhere from $200,000 to $500,000 or possibly more. The Willow Terrace houses are the exception. My recent listing, now under contract, was listed at $669,000. These houses share common brick walls with their neighbors, and are 12.5 wide on lots of 50 ft deep, whereas most houses in Hoboken are between 13.5 feet wide to 20 ft wide, on Washington St and west with wider houses on Hudson St. or Castle Point Terrace. Willow Terrace homes are on cobblestone streets with "private" parking. These streets are private, and not maintained by the city, other than basic garbage pick-up and sidewalk cleaning. Residents prefer the cobblestone because it helps prevent flooding (rain water mostly seeps into the ground and the dirt crawl spaces rather than backing up in the Willow Street sewers). The folklore is that originally these homes were for Stevens family workers and had no kitchens or bathrooms. Willow Terrace homes that are partly renovated have the bathroom behind the kitchen on the first floor. More renovated versions of these homes have been expanded on the second and third floors, adding at least one bathroom and one or more decks. If you really want a house at condo prices, Willow Terrace is your best bed in Hoboken.

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Hoboken Realtor on Real Estate Now

Welcome to First Exit in New Jersey!

I am Stacey Morrison, a veteran of real estate sales in Hoboken, NJ. This blog is a straight-up discussion of real estate here from a Realtor's professional point of view.

Please feel free to write me with questions or comments. :)