Hi , Can some body please tell me how good is the area near 501 ADAMS ST. I am trying to buy an apartment

Asked by Lina, 07020 Thu Apr 17, 2008

there 1/1 and I am not sure if is over price 380K???

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Junebug, Home Buyer, Hoboken, NJ
Sun Apr 20, 2008
It's a great location very central and near the A&P. Be careful about some of the new construction though, because most of it lacks sound proofing. I know someone who bought a brand new condo and they want to move out because they can hear every neighbor in all directions.
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Lori Turoff, Agent, Hoboken, NJ
Fri Apr 18, 2008
The best thing for you to do is go to the location and spend some time there, both during the day as well as at night. You might also speak with the Hoboken police department, who can give you crime information for the area.

If you're thinking of buying a unit, if you haven't already, you should look at as many as possible so you can make an informed decision as to price and value. Have you found out what other units in the building have sold for recently? Or similar units on the block? That would also be helpful.

Lori Turoff
Realtor Associate
Robert DeRuggiero Realtors
Hoboken NJ
201 993 9500
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Dave, Home Buyer, 07054
Fri Apr 18, 2008
Hi Lina -

I think the area is good. It really depends on what you are looking for. Its relatively quite and safe, but its going to be a little walk to the PATH or restaurants. Personally, I like being a little off of Washington, but I don't mind walking an extra 5-10 minutes.

As far as the price, this really depends on the unit - what is the size? what are the amenities? how are the appliances? how new is it? does it have parking? These are just some of the questions that would effect the price. There are definitely units MUCH more expensive than 380K there, but it really depends on the specifics.
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