One of the first few questions that I'm asked by prospective buyers who are new to the Hoboken Condo market is "What's the difference between living (atmosphere) in Uptown Hoboken or Downtown Hoboken?" and "Do condo values hold better Uptown Hoboken or Downtown Hoboken?" There are probably as many ways to "research" this as there are answers for it. To keep it simple, however, I have taken Hoboken Condo sales data for the last three months of 2008 compared to the same period in 2006 from 11th Street to 15th Street between the Hudson River to the Palisades Cliff and from Observer Highway to 4th Street, also between the Hudson River to the Palisades Cliff. Uptown Hoboken Condo Sales: (-10.8%) Sold Hoboken Condos (04/01/2008 to 07/01/2008): 37 condos with an average price of $562,916 Sold ...
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