Why Live in Hoboken
Hoboken is nicknamed the "Mile Square City" – a nod to its geographic size, but also a commentary on the surplus entertainment that’s efficiently packed into a small space. Locals will tell you that there are things to do on every corner. “It’s still a place you move to after you get out of college, or get your first job,” says Daniel Simone, broker associate with KW Commercial. “Hoboken has a youthful energy.” More than 57,000 people live here, and the median age is 32. In the 2020s, it’s been ranked as the third-most densely populated U.S. city. That makes it easy to get around and explore the amenities. "It's a lovely city that has a very small-town feel. It's very family-friendly and has great shops. It's very walkable," says Tania Patch, a broker associate with Compass. The city’s storied past and present leads to some interesting cultural output, too. Yo La Tengo, a famous indie rock band based in Hoboken, released a song in 2023 called “Sinatra Drive Breakdown” – an ode to the city’s waterfront street named after crooner Frank Sinatra, who was born here.
The Hoboken Business Alliance released a report in 2024 showing how tourists and small businesses boost the local
Home Trends in Hoboken, NJ
On average, homes in Hoboken, NJ sell after 25 days on the market compared to the national average of 50 days. The median sale price for homes in Hoboken, NJ over the last 12 months is $885,000, down 1% from the median home sale price over the previous 12 months.
Median Sale Price
$885,000
Median Single Family Sale Price
$1,195,000
Median Townhouse Sale Price
$737,000
Median 2 Bedroom Sale Price
$937,000
Median 1 Bedroom Sale Price
$600,000
Average Price Per Sq Ft
$914
Number of Homes for Sale
87
Last 12 months Home Sales
674
Median List Price
$875,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-1%