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Market Snapshot

Median listing price
$3.37M

The median listing price in Hoboken, NJ ZIP 07030 is $3,372,500 as of June 2026.

Median rent
$3,800/mo

The median market rent in Hoboken, NJ ZIP 07030 is $3,800/month as of June 2026.

Days on market
348 days

The median days on market in Hoboken, NJ ZIP 07030 is 348 days as of June 2026. The market is currently hot.

Gross rental yield
1.35%

At a median list price of $3,372,500 and a median rent of $3,800/month, the gross rental yield in Hoboken, NJ ZIP 07030 is 1.35% as of June 2026.

STR vs LTR
$1,460/mo STR · $3,800/mo LTR

In Hoboken, NJ ZIP 07030, median Airbnb revenue is $1,460/month compared to median long-term rent of $3,800/month as of June 2026.

Hoboken, NJ 07030 Real Estate Market Report

ZIP Code: 07030

Report Date: June 2026

Market Temperature:
HOT

Scope: This ZIP code analysis focuses on single-family residential (SFR) properties. Metrics are calculated from recent sales and active listings within the past 90 days.


Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Analysis Window
180 Days
Total Properties Analyzed
27
Active Listings
18
Sold Properties
9

Market Metrics

Median Listing Price
$3,372,500
Median Sold Price
$2,778,000
Median Price per Sqft
$1,421/sqft

The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.


Rental Market

Median Market Rent
$3,800

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.


Property Taxes

Property Tax Rate
0.83%

Liquidity & Velocity

Median Days on Market
348
Sale-to-List Ratio
100.0%

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.


Market Trends & Context

Understanding Market Temperature

A Hot market indicates strong buyer demand with limited inventory, typically characterized by rising prices, quick sales (low days on market), and inventory levels below historical averages.

Price YoY Trend
up
Market Temperature
hot
Rent YoY Trend
up
Interest Rate Pressure
elevated

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in Hoboken NJ 07030 are averaging 6.53%, reflecting a high-rate environment compared to earlier 2026 periods where rates were lower.

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.


Key Findings

  1. The neighborhood's primary market indicator, median sold price, is 2,778,000, which reflects high transaction-level values and supports the area's hot marketTemperature.
  2. The median days on market is 348, indicating extended selling timelines that may reflect pricing friction or buyer selectivity and suggests slower sales velocity despite elevated price levels.
  3. The median price per square foot is 1,421, reinforcing a premium per-unit valuation that underwrites strong seller realizations on completed transactions.
  4. Median market rent is 3,800 and rent year-over-year trend is up, while interest rate pressure is characterized as elevated with current 30-year fixed mortgage rates around 6.53%, which together create mixed signals for investors—strong rental and price appreciation but elevated interest rate pressure that may temper near-term acquisition activity.

Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.

Recent Transactions

224 Garden St, Hoboken, NJ 07030
Top Sale

Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.

3 beds6 baths2,740 sqft
$4,025,000
Dec 1, 2025
$1,469/sqft/sqft
1265 days on market
1251 Garden St, Hoboken, NJ 07030
Premium

Sold above market average

3 beds3 baths1,600 sqft
$3,400,000
Feb 1, 2026
$2,125/sqft/sqft
104 days on market
1112 Garden St, Hoboken, NJ 07030
Premium

Sold above market average

4 beds2 baths1,204 sqft
$3,280,000
Mar 1, 2026
$2,724/sqft/sqft
263 days on market
1029 Bloomfield St, Hoboken, NJ 07030
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

4 beds3 baths2,025 sqft
$2,985,000
Dec 1, 2025
$1,474/sqft/sqft
264 days on market
159 11th St, Hoboken, NJ 07030
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

3 beds- baths2,112 sqft
$2,850,000
Feb 1, 2026
$1,349/sqft/sqft
1314 Garden St, Hoboken, NJ 07030
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

3 beds3 baths1,476 sqft
$2,727,070
Jan 1, 2026
$1,848/sqft/sqft
270 days on market
210 13th St, Hoboken, NJ 07030
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

2 beds2 baths1,148 sqft
$2,575,000
Apr 1, 2026
$2,243/sqft/sqft
123 days on market
123 Willow Ter, Hoboken, NJ 07030
Value

Sold below market average

5 beds3 baths1,470 sqft
$1,390,000
Mar 1, 2026
$946/sqft/sqft
2755 days on market

Investment Analysis

Compare rental income potential against ownership costs and benchmark against market averages.

Rent vs Cost to Own

Monthly rental income vs estimated ownership cost

-$13,031/mo
07030 Avg Rent
07030 Cost to Own
Rent$3,800
Own$16,831

20% down, 6.53% rate, 0.8% tax

Short-Term Rental

Avg nightly rate and occupancy for this ZIP

07030 Avg nightly rate
07030 Avg occupancy (days/year)
Nightly rate$214/night
Occupancy73 of 365 days

Data Sources

Real estate market data & public records, and GemHaus® proprietary models.

Report generated: 6/1/2026

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