Hoboken, NJ, is a vibrant city with its picturesque waterfront, historic brownstones, and lively arts scene. The city draws residents with its close proximity to New York City, diverse dining options, and charming cobblestone streets. Whether you’re looking to buy a charming row house or rent an apartment in Hoboken, this city has something for everyone. For example, the median home sale price is $840,000, while the average rent in Hoboken is $3,458.
At Redfin, we’ve gathered 5 popular Hoboken neighborhoods to consider living in this year. From the luxurious Castle Point to the bustling Washington Street area, Hoboken offers a variety of neighborhoods. Let’s check them out.
1. Castle Point
Castle Point is located in the northern part of Hoboken. This neighborhood is home to the Stevens Institute of Technology, a prestigious research university. Residents can enjoy the beautiful views of the Hudson River and the Manhattan skyline. Castle Point features a mix of historic brownstones and modern high-rise buildings. The architectural styles range from classic Victorian to contemporary designs.
Median Sale Price: $2,370,000
Homes for Sale in Castle Point | Apartments for Rent in Castle Point
2. Downtown Hoboken
Downtown Hoboken is in the heart of the city. This vibrant neighborhood is known for its bustling nightlife, trendy restaurants located along 1st Street, and boutique shops. It’s also home to the Lackawanna Railroad Terminal and the Hoboken Transit Terminal. Downtown Hoboken has several housing options, including historic brownstones, modern condos, and luxury apartments.
Median Sale Price: $820,000
Homes for Sale in Downtown | Apartments for Rent in Downtown
3. Southwest Hoboken
Southwest Hoboken is located in the southwestern part of the city. This neighborhood offers easy access to parks such as Church Square Park and Madison Park. Residents can also find a variety of cafes and restaurants showcasing Hoboken’s food scene. Southwest Hoboken features a mix of historic brownstones, modern condos, and luxury apartments.
Median Sale Price: $746,000
Average Rent for 1-Bedroom Apartment: $2,875 | Average Rent for 2-Bedroom Apartment: $3,800
Homes for Sale in Southwest Hoboken | Apartments for Rent in Southwest Hoboken
4. The Waterfront
The Waterfront is located along the Hudson River, offering stunning views of the Manhattan skyline. This neighborhood has beautiful parks such as Pier C Park and Sinatra Park. Residents can also enjoy the Hoboken Historical Museum and the Hoboken Public Library. The Waterfront features a mix of modern high-rise buildings and luxury waterfront apartments.
Median Sale Price: $1,180,000
Homes for Sale in The Waterfront | Apartments for Rent in The Waterfront
5. Washington Street
Washington Street offers easy access to the city’s most popular restaurants, bars, and shops. This neighborhood is home to plenty of hidden gems, local parks, and historic buildings. Washington Street’s housing options include historic brownstones, modern condos, and luxury apartments.
Median Sale Price: $940,000
Average Rent for 1-Bedroom Apartment: $2,550 | Average Rent for 2-Bedroom Apartment: $4,050
Homes for Sale in Washington Street | Apartments for Rent in Washington Street
Methodology: All neighborhoods must be listed as a “neighborhood” on Redfin.com. Median home sale price data from the Redfin Data Center during March 2024. Average rental data from Rent.com during March 2024.