UNIT 8H- 551 OBSERVER HWY $699,999. Newly renovated 2022, large 806 SqFt 1 bedroom in the desirable Skyline. High rise elevator building. Newer kitchen with quartz countertops, white shaker-style cabinets , stainless appliances & herringbone back splash. Open concept living/dining area with large windows & terrace w/ southern exposure. Large bedroom with ample closet space & duel entry to bathroom with large walk-in shower. 2- newer PTAC units Owner is NYS LICENSED RE ASSOCIATE BROKER RENEE B. 347-393-1265 Building amenities include one garage parking space with valet service, concierge/doorman service, a renovated gym, shuttle service to the PATH, secure package storage, outdoor roof deck, resident lounge and a Butterfly intercom system. Just one block from the new Southwest Resiliency Park and approximately an 8-minute walk to the PATH, with new dining, shopping and neighborhood conveniences nearby. HOA $646. MONTHLY INC. WATER, PARKING, GYM 806 SQ, FT. TAXES $7,728. 1 BEDROOM, 1 BATH W/ TERRACE
Downtown, located between Observer Highway and Sinatra Drive, is a walkable and waterfront Hoboken neighborhood with brownstone-lined blocks and a busy restaurant scene. Washington Street and Newark Street concentrate the neighborhood’s character, where espresso bars, old-school delis, indie boutiques, and late-night dessert counters cluster under glowing storefront signs. The Hoboken Historical Museum and the Monroe Center for the Arts anchor local culture with exhibits, studios, and small events. Pier A Park frames the edge with lawns, paths, and skyline views, while Church Square Park adds a classic green square among brick rowhouses. Low-rise prewar buildings mix with newer mid-rises, keeping streetscapes tight and lively. The Hoboken Terminal ties the grid to ferries, PATH trains, and commuter rail.
Provided by Walk Score and Local Logic
Market insights
551 Observer Hwy · $699,999
DAYS ON MARKET
1 days
The average home goes pending in 55 days.
SALE-TO-LIST
98.6%
Most homes are selling 1% below list price.
LIST PRICE
$699,999
Median sale price in this area is $654,030. (7% lower than this home)
PRICE DROP
0 price drops
16% of homes in this area have had a price drop in the past month.
Property details
Exterior
Property Features
Year Built: 1987
Living Area: 806
Public facts
Beds: 2
Baths: —
Finished Sq. Ft.: 1,114
Unfinished Sq. Ft.: —
Total Sq. Ft.: 1,114
Stories: —
Lot Size: —
Style: Condo/Co-op
Year Built: 1987
Year Renovated: —
County: Hudson County
APN: 0500008 00001 C002C
Home facts updated by county records on Oct 20, 2026
The purpose of this district is to establish appropriate standards and uses for rail and other transportation-related commercial and light industrial activities; to provide criteria for off-street parking and loading; and to otherwise facilitate the movement of vehicular traffic and materials transshipment.
Estimated 80%+ chance of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
7/10 Heat Factor
7 days above 98° expected this year, 15 days in 30 years
6/10 Wind Factor
27% chance of strong winds in next 30 years
4/10 Air Factor
5 unhealthy days expected this year, 7 days in 30 years
Provided by First Street
Historical weather
Hoboken, NJ • 07030
Average low and high temperatures (°F)
36
26
39
28
55
39
63
48
71
56
81
67
85
72
81
67
78
64
66
53
56
44
42
31
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
87/ 100
Very good sunlight
Sunscore
This home ranks in the top 3% for direct sun exposure in Hoboken. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8.3 hrs
4.2 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 551 Observer Hwy
There isn’t enough information to generate an accurate estimate at this time. Learn More