09/03/2026
If you stopped looking for a condo in Hudson County earlier this year, it may be worth looking at the market again
The numbers have changed
Hudson County condo inventory increased almost 27% year over year
More than 1,200 condos were actively available in July, months of supply climbed to 5.6, and sellers received roughly 99.6% of asking price
That does not mean Hudson County condos suddenly became cheap
And it does not mean every seller is desperate to negotiate
It means buyers have more choices than they did before
And more choices change how you should approach the search
Instead of automatically competing aggressively on every property, I would pay particular attention to:
Condos sitting 30+ days on market
Properties that have already had a price reduction
Buildings with multiple similar units available
Units with higher HOA fees
Properties with special assessments
Sellers who may have already purchased their next home
Those are the situations where negotiating leverage can start to appear
The mistake would be assuming more inventory means you should automatically offer 10% below asking
That is not the strategy
The better strategy is identifying which seller actually has a reason to make a deal
A condo that came on the market yesterday with multiple interested buyers is very different from a unit that has been sitting for 45 days while two competing units in the same building are also for sale
Same Hudson County condo market
Very different negotiating position
If you paused your search six months ago because the market felt too competitive, the market you would be coming back to today is not exactly the one you left