Eli Manning leaving Hoboken?
Eli Manning sets top price for Hoboken NJ Condo ($5.2 Mil!)
You have a few hundred million pennies collecting dust in your coin jugs? We told you Eli Manning was getting out of Hoboken (it was the property taxes, I tell ya!) See how much you’ll have to pony up to get this (still small) Hoboken apartment! (Hint: it’s more than most people make in a lifetime).
Eli Manning’s Hudson Tea Building condo one of Hoboken’s costliest!
Okay, ready for some fun math?
Here’s what you need to get ready to buy this place.
- “Scrape” up right around $1 million bucks just for a down payment. Don’t have it? Skip Starbucks for a month, and you should have no problem.
- Your monthly mortgage (with good credit) will be around $20,000 per month. People who barely make the rent NOW should think about that… Bad career move? Anyway – shitty credit will be closer to 25-30k.
- They estimate taxes at $20k a year. Fugghedaboutit. Your taxes under the current “mayor” will “re-assesd” at closer to $50,000 per year or more. Count on it.
Add in other fees and expenses – and you’ll need about $400,000 per year (post taxes and after your seven-figure down payment) just to live in an empty apartment with no food, furniture or cable. Shit, if you stay you’ll end up paying close to $15,000,000 for this place if you finance it!
I was thinking about it – but changed my mind after I calculated my Excel spreadsheet (and realized you had NO land! WTF?) It’d be nice to entertain street hookers and groupies, but I have better uses for $10 million bucks.
Sound affordable to you? Take a number!
(Source: Zillow listing)
Eli Manning moving out of Hoboken – To Summit, NJ
Word on the street is that the rumors of NY Giants Quarterback Eli Manning moving out of Hoboken have finally come true.
With the recent birth of his third daughter, along with a pending multi-year contract with Big Blue, the Hudson Tea Building was evidently just a bit too small for his growing family.
He’s apparently heading over to Summit, New Jersey to spread out a bit more. Looks like a good move. A bit more privacy, some grass that hasn’t been trampled on by 1000 dogs, and less helicopters.
Eli Manning moving to Mahwah, NJ mansion?
2/11/2012 Original Post:
Heard through the grapevine that two-time Super Bowl Champ Eli Manning may be moving to a massive mansion in Mahwah, NJ.
As you know – Manning’s customized condo in the Hudson Tea Building is pretty sweet. But with crime in Hoboken going up – perhaps his Super Bowl Bling is safer up north!
The house is apparently off Route 202 at Farmstead Road.