Where is Hoboken, NJ in relation to NYC? Take a look!

Posted March 23, 2011 by eddieperez
Categories: Best Buys/ Hot Deals in Hoboken, Hoboken Homes, Home Buying

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This is a fantastic perspective of where Hoboken, New Jersey is situated in relation to New York City.


The grey buildings closest are the Hudson Tea Building and to the right (red and blue facade) sits Harborside Lofts. Across the river is Downtown Manhattan.

With 2 commuter ferry routes, PATH trains (our subway), and constant flow of buses zipping you through the Lincoln Tunnel from Hoboken into Manhattan,
Hoboken truly is a commuters dream!

Edward (Eddie) Perez

Hoboken Real Estate Blog – Stats, new listings, price reductions, news and more!!

Eddie Perez, Broker – REALTOR
RE/MAX Gold Coast Realty
56 Newark Street, Hoboken NJ 07030-4526 Phone: (201) 344-2886
www.InvestHoboken.comNobody sells more homes

Hot Hoboken, New Jersey Restaurant Opportunity – Are you Ready?

Posted March 23, 2011 by eddieperez
Categories: Condo Living

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Hot Hoboken Restaurant Opportunity awaits! Have you always wanted to own your own restaurant or have a food concept that you know would
work in a prime, upscale yet charming commercial market?

Your opportunity has arrived and is ready for you to start with this Washington Street restaurant with excellent growth prospects, high visibility and traffic. The place has an excellent layout and features which will allow you to start immediately or allow for a smooth transition should you have a new concept.

Fully equipped kitchen and dining room is “turn-key” ready to go. Currently seats 48 inside and 16 outside (seasonally). High ceilings central air and heat, 2 bathrooms (1 handicap accessible), and lots of storage.

Create your vision in one of the hottest markets today!

Why Hoboken?
Hoboken, New Jersey has become one of the hottest retail markets in the New York metro area.
Hoboken’s unique and lovely Washington Street has received the 2010 award from the American Planning Association (APA) for its Great Places in America: Streets award for excellence in planning.
Home to Carlos Bake Shop, which is on TLC networks reality show, Cake Boss
Major transportation hub
Many special events throughout the year including
St. Patrick’s Day Parade
semi-annual Arts & Music Festival and
St. Ann’s Feast
Hoboken House Tour
Hoboken Arts Studio Tour and more!
Thousands of luxury condominiums and high per capita income
$268,000 includes all furniture, fixtures and equipment.
Long term lease

Serious inquires to info@InvestHoboken.com
eddie perez
RE/MAX Gold Coast Realty – Hoboken
201-795-0100

Amazing Benefits Of Home Ownership In Hoboken

Posted March 17, 2011 by eddieperez
Categories: Uncategorized

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Owning a home has been an American Dream for as long as anyone can remember, and even during the past few years when the economy has been down, it has still been part of the American Dream. In fact, 67% of homes in America are owner-occupied. According to the National Association of Realtors, there are many benefits to homeownership in Hoboken.
● It is a fact those who are homeowners are happier and healthier than those that are not. Also, homeowners have more of a feeling of control over their own lives.
● The homeowners of America pay 80% to 90% of federal income taxes. These taxes help to contribute to numerous federal programs which benefit everyone in America.
● Those who rent can expect to see, on average, an increase of 3% on their monthly rent each year. Homeowners have the benefit of fixed rate mortgage loans and enjoy a steady monthly payment for the term of their loans.
● Another known benefit of homeownership is that children of homeowners are more apt to participate in organized activities which means less time being couch potatoes.
Homeowners tend to be more involved with volunteering and contribute more to their neighborhoods.
● Moving can be a lot of work and those that rent, tend to move more frequently than those who own their own home. The stability achieved by homeowners not frequently moving, will help reduce crime and do their part to help with the overall upkeep of the neighborhood.
● Maybe the best reason for homeownership is that children of those who own their own home do well in school and stay in school longer than children of those who rent.

Home ownership in Hoboken is also doing its part to help the economy. The housing industry makes up 15 % of the Gross Domestic Product in the United States. Every home purchased in the U.S. adds on average $60,000 to the economy throughout time by the means of home improvements and furniture purchases.

If you are looking to enjoy the benefits of homeownership in the Hoboken area contact me, Eddie Perez of ReMax Gold Coast Realty. You can reach me directly at (201) 344-2886 or check out my InvestHoboken website.

Designer Bathroom Vanities That Anyone Can Have In Their Hoboken Home

Posted March 3, 2011 by eddieperez
Categories: Condo Living, Hoboken Homes, Home Improvements

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Are you an HGTV or DIY fanatic? If so, you have probably seen those episodes where they find an old cabinet at a flea market and turn it into a beautiful designer bathroom vanity or chest. If you are not familiar with this practice, it is easier than you think to recreate this look without having to pay those designer prices. You too can have those designer quality pieces you have seen in magazines and thought you could never afford in your Hoboken home for an affordable price.
To start the process, you want to scour local flea markets and antique sales for just the right piece of furniture that will work in the area of your home you plan to place it in. An old dresser, large nightstand, dressing table, or desks are all pieces of furniture that are used frequently. It is important before you buy your treasured find to measure the space that you plan to put it in so that you do not get it back and home and it does not fit.

Once you bring your find home, you want to examine the way it was constructed in detail. Is it held together with screws or wooden blocks? Things like this are what you will want to look for. If your purpose is to use it as a bathroom vanity, you want to carefully remove the top of it intact as this will make a great template for your new top. Next, cut a hole in the place on the back where the plumbing will go. Finally, level and shim your new piece into place until it is level. You want to be sure your new vanity is secure to the wall by screwing it into the studs on the wall.Choose a top to place on the vanity that will match your Hoboken home such as granite, marble or Corian. Do not forget to pick up a new sink to go with your new top.

If you are looking to buy or sell a home in the Hoboken area, contact me, Eddie Perez of ReMax Gold Coast Realty. You can reach me directly at (201) 344-2886 or check out my InvestHoboken website.

Hoboken’s Million Dollar Views….With a Price Tag to Match!

Posted March 2, 2011 by eddieperez
Categories: Best Buys/ Hot Deals in Hoboken, Condo Living, Home Buying

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Looking for a Hoboken home with a million dollar view? It may just come along with a price tag to match! Hoboken currently has 17 condos listed for sale at or above $1,000,000.

Many of these homes are located along the Hudson River in luxury condominium buildings such as Maxwell Place, Hudson Tea and The W-Hotel & Residences.

So if you just received your yearend bonus, why not treat yourself to one of Hoboken’s Million Dollar Condos
Happy shopping!

New Jersey Chief Justice Takes Robo-Signing Seriously

Posted March 1, 2011 by eddieperez
Categories: Hoboken Homes

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New Jersey Chief Justice Stuart Rabner aims to protect Hoboken residents and all of New Jersey. Questionable foreclosure filings across the nation have New Jersey’s Chief Justice Stuart Rabner, working to establish a set of initiatives to combat this in New Jersey. He is concerned with the increased number of foreclosure filings, and that there may be incorrect applications. He said, “It is important the judiciary system ensures that judges are not rubber-stamping questionable documents that may not be reliable.”

The term “robo-signing” has been extremely popular lately; especially with the brief foreclosure halt we saw last fall. Robo-signing is when mortgage lenders and other service employees sign hundreds and thousands of affidavits that are then submitted in support of foreclosure claims. Many of those employees sign without having any knowledge of the information in the paper they just signed.

In 2010 there was over 65,000 applications filed throughout the state of New Jersey, which is up from the nearly 22,000 only four years ago. In December, Chief Justice Stuart Rabner ordered six large mortgage lenders to file documents to the court that provide their internal foreclosure application process to ensure they are up to standards. These documents were due to the court by January 19th, 2011. New Jersey is not the only state to take these measures New York has also done the same.

If you are considering purchasing one of these homes, it is important to contact a local Realtor(R) such as myself, Eddie Perez of ReMax Gold Coast Realty, to gain more information on how to protect yourself. You can reach me directly at 201.344.2886 or check out my InvestHoboken website.

Don’t Be Left In The Dark About Your New Hoboken Home

Posted February 24, 2011 by eddieperez
Categories: Foreclosure, Hoboken Homes, Home Buying

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An ad for a Hoboken estate sale catches your eye and you decide to take  a look at the home that is being offered. The home looks like a great deal, but are you aware of the disclosure process when it comes to buying a home from an estate or out of foreclosure?

What many people do not realize is that a property listed by a corporate or institutional seller in many states is exempt from having to make disclosures on the property available to buyers. In contrast, when you buy a home from a private “equity seller,” you must be told about the leaky roof or the bad septic tank. The bank who owns a distressed property does not have to let you know about these problems. What you don’t know can leave you in the dark about a lot of what you need to know about the biggest purchase of your life.

Unfortunately, when this happens, many times buyers are left fending for themselves when it comes to trying to retrieve information about the condition of the home they are considering. As a result of the rising number of foreclosures in the past few years, this is becoming more and more of a problem for many buyers.

It is very common among banks selling foreclosures to complete a disclosure form that will say something to the extent that they have no knowledge or any information about the property, and that you are advised to have it thoroughly inspected. A few states do require all sellers to disclose any information that they may have. However, it will be difficult to prove what information the seller really did have later if it does come down to it.

It is best if you are buying a home in this situation to avoid relying on disclosures and have the property you are considering buying intensively inspected.

Don’t be left in the dark about the biggest purchase of your life. If you are considering purchasing one of these homes, it is important to contact a local Realtor(R) such as myself, Eddie Perez of ReMax Gold Coast Realty, to gain more information on how to protect yourself. You can reach me directly at (201)-795-0100 or check out my InvestHoboken website.

Bike Hoboken

Posted February 20, 2011 by eddieperez
Categories: Hoboken Homes, Live in Hoboken

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Calling all Hoboken Bikers! Spring is here and it is time to get your bike ready for the upcoming warm weather. If you haven’t heard already, there is a great citizen-based advocacy organization called Bike Hoboken, that was developed to make Hoboken streets safer for bikers. Bike Hoboken will be holding its first formal meeting on Wednesday, February 23, at 8 p.m. at Carpe Diem located at 14th and Grand Streets.

At the top of the agenda of the meeting will be the group’s list of goals and recent accomplishments for 2011. Topics will include, the subject of more bike racks and riding lanes as well as more group rides.

The group is also hoping to recruit new members to give a hand with carrying out the group’s goals.

According to Josh Meyers, a group member, states, “Although Hoboken is a small town, the task of turning it into one of the most bike-friendly towns in America is no small endeavor.”

For help with understanding the mortgage market, contact Eddie Perez, Broker-REALTOR, CDPE. Eddie’s market includes Hoboken, a progressive city  where they’re always coming up with new ways of making it a better place to live, Jersey City, Weehawken and Union City. Eddie can also be reached by phone at 201-344-2886.

Why It’s Always Better to use a REALTOR

Posted February 19, 2011 by eddieperez
Categories: Hoboken Homes, Home Buying

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With Spring right around the corner you may be interested in putting your home up for sale. Have you ever heard that Realtors are overpriced, or you can sell your house on your own and save the money? There are facts and figures stating that the above statements are truly a myth.

More than 80 percent of homes that first hit the market as a Sale By Owner (FSBO) eventually end up being sold by  a Realtor.  Think about the money that is wasted by trying to sell your home on your own. You need to consider the costs of advertising, signs, flyers, etc. If you do get lucky enough to sell your home without a realtor it is very likely that the buyer will come represented by a Realtor who will need to be compensated by you as the seller.

Don’t forget that buyers of FSBO properties will expect to receive a lower price for your home since you aren’t paying Realtor fees. There have been several studies stating that FSBO properties sell for 10 to 20 percent less than homes sold by a Realtor.

Also, keep in mind of the time you will spend trying to find a buyer for your home and get the deal closed.

For help in getting pre-qualified, as well as finding and closing on your perfect Hoboken home, contact Eddie Perez, Broker-REALTOR, CDPE. Eddie’s market includes Hoboken, a progressive city  where they’re always coming up with new ways of making it a better place to live, Jersey City, Weehawken and Union City. Eddie can also be reached by phone at 201-344-2886.

Another Reason to Buy a Home in Hoboken

Posted February 11, 2011 by eddieperez
Categories: Hoboken Homes, Home Buying, Live in Hoboken

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There is great news on the education front in Hoboken and another one of the many great reasons to purchase a home in Hoboken. The New Jersey School Report Card has announced that the per pupil spending rose in many Hudson County school districts last year. Hoboken led the pack with the county’s highest amount spent per pupil at $18,726 per student. The students in Jersey City were not as fortunate with the per pupil spending decreasing by more than $1,000 from the 2008-2009 school year.

The report also states the salaries of administrators and teachers. The highest-paid faculty members were in Hoboken, where the median was  $80,337. As a whole the report displays statistics that includes class sizes, the median salaries of teachers, and student performance on standardized tests.

For help in finding and closing on your perfect Hoboken home, contact Eddie Perez, Broker-REALTOR, CDPE. Eddie’s market includes Hoboken, a progressive city  where they’re always coming up with new ways of making it a better place to live, Jersey City, Weehawken and Union City. Eddie can also be reached by phone at 201-344-2886.