Nestled on the west bank of the Hudson River, Hoboken, New Jersey, is a vibrant and rapidly growing city. Its proximity to Manhattan and its diverse population have made it a highly desirable place to live, resulting in a surge in the construction of new apartment buildings.
The Hoboken apartment market is characterized by high demand and limited supply. According to the Hudson County Board of Realtors, there were over 500 apartment buildings in Hoboken as of 2023, housing an estimated 50,000 residents.
The average rent for a one-bedroom apartment in Hoboken is around $3,500 per month, while a two-bedroom apartment averages $4,500 per month. These prices are significantly higher than the national average but comparable to those in other desirable urban areas.
There are numerous reasons why people choose to live in Hoboken, including:
The apartment buildings in Hoboken range in size and style, from historic brownstones to modern high-rises. Some of the most notable apartment buildings include:
When choosing an apartment building in Hoboken, there are several factors to consider, including:
Hoboken, New Jersey, is a vibrant city with a thriving apartment market. With over 500 apartment buildings to choose from, there is sure to be a place that meets your needs. By considering the factors outlined above, you can find the perfect apartment building to call home.
Neighborhood | Average Rent (1-Bedroom) | Number of Apartment Buildings |
---|---|---|
Downtown Hoboken | $3,800 | 150 |
Uptown Hoboken | $3,500 | 200 |
Maxwell Park | $3,200 | 100 |
Stevens Institute | $3,600 | 50 |
Apartment Building | Number of Units | Amenities |
---|---|---|
Maxwell Place | 300 | Fitness center, pool, rooftop terrace |
The Hudson Tea Buildings | 46 | Loft apartments |
1400 Hudson Street | 775 | Panoramic views, pool, fitness center |
The Shipyard | 600+ | Pool, fitness center, dog park |
Rent Range (1-Bedroom) | Percentage of Market |
---|---|
Under $3,000 | 10% |
$3,000-$3,500 | 25% |
$3,500-$4,000 | 35% |
$4,000+ | 30% |
Reasons for Living in Hoboken | Percentage of Respondents |
---|---|
Proximity to Manhattan | 75% |
Walkability | 60% |
Diversity | 50% |
Waterfront views | 40% |
Parks and recreation | 35% |
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