Maxwell Place Hoboken
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By Chris Hinova
Maxwell Place Hoboken.sits Just north east of the Elysian Park – yes that Elysian Park, the birthplace of America’s national pastime – and a quick block and a half east of Hoboken’s famed Washington Street, the complex offers a unique blend of luxury high rise buildings with stunning Manhattan and Hudson river views, combined with a short walk to the Hoboken North Ferry and the excitement of Washington street.
In 2010 the average price paid at Maxwell Place Hoboken was $771,591!
In 2011 that jumped up to $919593. That’s almost a 20% move!
Finally, in 2004, 12 years after its announced “phase out “in 1992, the Maxwell Coffee Factory was demolished.
In its heyday the Maxwell House Coffee Plant, currently Mawell Place Hoboken was a wonder of the Industrial Revolution. The largest coffee processing plant in the world, the campus ran from 10th street north to 12th street along Hoboken’s riverfront. A living landmark in its day, the complex, finished in 1930, displaced and destroyed other iconic Hoboken landmarks.
Maxwell Place, 1025 and 1125 Maxwell Lane, 2011 Summary
| HIGH | LOW | AVERAGE | MEDIAN | TOTAL PRICE | |
| LIST PRICE: | $2,193,995 | $449,999 | $951,919 | $835,000 | $39,028,708 |
| SOLD PRICE: | $2,137,517 | $432,500 | $919,593 | $822,500 | $37,703,320 |
Maxwell Place, 1025 and 1125 Maxwell Lane, 2010 Summary
| High Price | Low price | Average | Median | Days on Market | ||
| Offer Price | $1,669,995 | $456,995 | $793,074 | $706,497 | 90 | |
| Sold Price |
$1,634,840 | $418,995 | $771,591 | $683,247 |
To make room for Maxwell Place Hoboken bulldozers and steam-shovels laid waste to the historical Turtle Cove Club, which once numbered among its member former vice President Aaron Burr and George’s Washington’s former aide de’camp and first Secretary of the Treasury, Alexander Hamilton.
Another landmark located where Maxwell Place Hoboken now exists was The New York Yacht club founded by John Cox Stevens also fell to the “wheels of progress.” Stevens, a member of Hoboken’s founding family, also built the legendary yacht, America, in Hoboken, then sailed it to England in 1851 to go on and win the inaugural race and trophy of the Royal Yacht Squadron, which was then promptly renamed The America’s Cup!
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Note that in December 2010 Hoboken Brownstone Company co – Maxwell Place Hoboken- donated the 13.5-acre Maxwell Park in Hoboken to the City. Investing an additional “$2 million into the Maxwell Park project, Hoboken Brownstone converted the remaining property, consisting of 3.5 acres of waterfront land and 10 acres of water, into a popular public destination with a riverfront walkway, a 500-foot fishing pier, a boat launch, playing fields, a children’s playground and a dog run. Perhaps most notably, Maxwell Park features a natural sand beach and a recreation of the 1865 New York Yacht Club Boathouse, the first yacht club boathouse in the United States. Maxwell Park holds the distinction of being Hoboken’s largest waterfront park on the Hudson River ever developed by a private real estate concern.”
Turtle Cove, and the original site of the New York Yacht Club, marked the entrance to the Elysian Fields where in 1846 the New York Nine defeated the Knickerbockers by a score of 23 to 1 in what is officially recognized as the first ever organized baseball game.
Coinciding with the air being let out of the real estate bubble, the building of the second phase of the Maxwell Place project was rumored to be in doubt. Some said that the developer, Toll Brothers, and their partner in the venture, Pinnacle Downtown, was in such dire financial straits that the second phase would instead be turned into parks. Alas we had no such luck and construction continued -albeit with some saying that it was delayed by as much as 13 months.
Maxwell Place Hoboken , waterfront living par excellence
Now finished, the Maxwell Place Hoboken complex spans 24 acres and offers residents 800 condominiums in the following configurations: 1 Bedroom, 2 Bedrooms, 2 Bedrooms + Den, 3 Bedrooms + Den, and of course the Townhomes. Every Hoboken Realtor loves bringing clients to see Maxwell Place and among the celebrities rumored to have considered purchasing at Maxwell Place are Lawrence Taylor and Alex Rodriguez.
The amenities are world class. Located at 1225 Maxwell Lane the Michael Graves designed. CLUB Maxwell , offers spectacular Views of Manhattan, rooftop pool & hot tub overlooking the breathtaking New York City skyline, entertainment lounge featuring big screen plasma TV, fireplace, and wet bar and the gaming room with pool table and big screen TV, as well as a theater/screening room.
Shooting a game of pool while looking over the Manhattan skyline and the Hudson river or swimming and relaxing by the swimming pool with friends and family while taking in the views of the Empire State building are just two of the unique pleasures afforded to residents of Maxell Place.
Maxwell Place Hoboken also has a children’s play room and 24-hour concierge service. There is also a complimentary door-to-door shuttle to the Hoboken Path. Indoor parking is available, but it is limited and there aren’t enough parking spots for every apartment in the building.
All Maxwell Place Hoboken residences feature 9 ft. ceilings and many have terraces or balconies. Hardwood flooring is present throughout the kitchen living room and dining room. In the modern and elegant kitchens you’ll find stainless steel Kohler sinks and faucets and stainless steel Kitchen –Aide appliances. Some kitchens have dual wall ovens and built in wine racks
The main bathrooms, the powder rooms and the guest bathroom all have natural stone floor, wall tile and vanity tops and Kohler sinks and faucets. The main bathrooms have a 6-foot tub, as well as a separate glass enclosed shower. All of this is put together with the inimitable artistry that Michael Graves brings to interior design.
Maxwell Place is a fitting tribute to the elegance, history and turmoil that forged the north end of Hoboken. From its gilt and glory days of the 19th century, the heroism of the soldiers leaving to fight the Great War, the dark days of corruption and organized crime influence depicted in the movie On the Waterfront, to the recovery of the 1970s and the current status as New Jersey’s most successful and thriving town Hoboken is enriched by the buildings at Maxwell Place Hoboken.
