The sale of “The Gemini” at 216 Bloomfield St. in Hoboken for $3.3 million has broken the record for the most costly condominium sold in New Jersey, according to real estate appraisal and valuation company Otteau Valuation Group.
The sale surpassed the record, which was tied between a $3 million sale in Cape May County and another Hoboken sale in late 2015 for the same price.
“With trends showing more people want to live and raise their families closer to the city, demand for larger high-end homes in urban areas is very strong,” said Jeremy Canizares of Liberty Realty, who sold the condo, in a press release.
The condo, which is made up of two-units with four-bedrooms, totals 4,308 square feet; with a two-car parking garage.
“While the record price itself was impressive, it was also an outstanding job of marketing the property by our agent Jeremy Canizares,” said Liberty Realty President, Joseph Covello in a statement. “His hard work and expertise resulted in the property being sold in just 37 days.