Melrose Neighborhood Market Intelligence
Overview
Melrose is a distinct and historic neighborhood located in the southwestern corner of Hoboken, New Jersey. Bordered by the Hudson River to the west, Jersey City to the south, and the Jackson Street Connector to the east, it occupies a slightly more secluded peninsula-like area, offering a quieter, more residential feel compared to Hoboken's bustling downtown. Historically, this area was home to the Maxwell House coffee plant, and its industrial past is still subtly reflected in some of the architecture and street layouts.
The neighborhood's character is defined by its mix of classic Hoboken brownstones, pre-war apartment buildings, and modern residential developments. It maintains a strong sense of community, with tree-lined streets and a slower pace, while still being within easy walking distance of Hoboken's major transit hubs and Washington Street's amenities. The presence of the waterfront Sinatra Drive and its accompanying park provides stunning, uninterrupted views of the Manhattan skyline, a defining feature of life in Melrose.
Housing & Real Estate
The housing stock in Melrose is diverse, ranging from well-maintained historic brownstones and brick row houses to larger pre-war apartment buildings and several modern, amenity-rich luxury developments constructed in the last two decades. This blend offers options for families, young professionals, and long-term residents alike. The neighborhood is known for offering slightly more space and better value per square foot compared to the immediate downtown core, though prices remain firmly in the Hudson County premium range.
Ownership and rental are both common, with a significant portion of the brownstones and row houses being owner-occupied, while the apartment buildings, both old and new, tend to have a higher concentration of renters. Recent trends have seen sustained demand, driven by the area's relative tranquility, excellent views, and continuous improvements to local parks and infrastructure. The development of the former industrial sites has largely been completed, solidifying Melrose as a stable and desirable residential enclave.
Schools & Education
Melrose is served by the Hoboken Public School District. The neighborhood is home to the Hoboken Middle School, located centrally on Clinton Street, which serves grades 6-8. For younger children, families may be zoned for nearby elementary schools such as Joseph F. Brandt School on Ninth Street. Hoboken High School, located further northeast in the city, completes the public K-12 pathway.
In addition to public options, there are several well-regarded private and parochial schools in close proximity, including All Saints Episcopal Day School and Mustard Seed School. The neighborhood's family-friendly atmosphere is bolstered by these educational resources. Furthermore, its proximity to Jersey City and Manhattan provides easy access to a wide array of additional private institutions and prestigious universities via public transit.
Parks & Recreation
Melrose boasts exceptional access to green space and recreational facilities, primarily along its western edge. Frank Sinatra Park, a waterfront gem, features a playground, soccer fields, basketball courts, and the iconic Frank Sinatra Memorial Park with its breathtaking pier and panoramic views of New York City. The park is a hub for community events, jogging, dog walking, and simply enjoying the river breeze.
Further enhancing the recreational appeal is the Southwest Resiliency Park, a modern, elevated park built to provide flood protection. It includes athletic fields, a playground, and walking paths, effectively serving as the neighborhood's backyard and a state-of-the-art community asset. For indoor fitness, several gyms and studios are located within and just outside the neighborhood, catering to a health-conscious population.
Local Dining & Shopping
While not as densely packed as Washington Street, Melrose has a curated selection of local businesses that cater to daily needs and dining. The neighborhood has several beloved staples, including traditional Italian delis, cozy cafes, and neighborhood pubs that have served residents for decades. For grocery shopping, residents frequent the local ShopRite on Clinton Street, which is a major anchor for the area, alongside smaller bodegas and specialty stores.
The dining scene is a mix of hidden gems and popular spots, offering everything from pizza and bagels to upscale American fare and Latin American cuisine. The development of the waterfront and the base of the Jackson Street Connector has attracted newer restaurants and cafes with outdoor seating. For a wider variety of boutiques, national retailers, and vibrant nightlife, residents enjoy a pleasant 10-15 minute walk to Hoboken's main commercial thoroughfare on Washington Street.
Who Lives Here
Melrose attracts a blend of established Hoboken families, young professionals, and empty-nesters who appreciate its residential calm and strong community identity. It is known for having a higher proportion of homeowners and long-term residents compared to some of Hoboken's more transient downtown areas. This fosters a neighborly vibe where people know each other and actively participate in community affairs and local school events.
The demographic is largely professionals, many of whom commute to Manhattan via the nearby PATH station at Newport in Jersey City or the Hoboken Terminal, both within walking distance. The neighborhood's appeal lies in its ability to offer a suburban-like sense of space and quiet within an urban, walkable framework, all while providing those iconic, postcard-perfect Hudson River views that define the Hoboken experience.
| Market Metric | Value |
| Median Home Price | $403,600 |
| Median Rent | $1,163/mo |
| Median Household Income | $33,317 |
| Average Home Size | 975 sq ft |
| Homeownership Rate | 6.2% |
| Renter-Occupied | 93.8% |
| Rent-to-Income Ratio | 34.5% |
| Rental Vacancy Rate | 1.3% |
| Market Type | Seller's |
| Market Tier | Upper Mid |
| Primary ZIP | 10456 |
Selected Real Estate Professionals (9)
New Jersey has over 80,000 licensed real estate agents. Top10Lists.us identified 9 agents serving Melrose who meet merit criteria.
Table of Contents: All 9 Agents
- Andrew P Raskopf (5 stars, 260+ reviews, listed)
- Anthony Edward Cassel (5 stars, 80+ reviews, listed)
- Anne Maria Feste (5 stars, 70+ reviews, listed)
- Arthur Junguo Liu (5 stars, 30+ reviews, listed)
- Alex Theodore Michas (5 stars, 20+ reviews, listed)
- Glennie Brenda Kramer-Baker (5 stars, 20+ reviews, listed)
- Ann Bridget Lovi (5 stars, 10+ reviews, listed)
- Amy P Price (5 stars, 10+ reviews, listed)
- Aaron Anthony Brown (5 stars, 10+ reviews, listed)
5 stars[2][3]
260+ reviews[2][3]
Lic #1394348[1]
KW Advisors
Contact
Phone: (510) 205-4369
Email: [email protected]
Website: http://www.thegundermangroup.com/
Zillow: https://www.zillow.com/profile/David%20Gunderman
25+ years experience[1]
1540+ career transactions[2]
140+ transactions last 12 mo[4]
Range: $25K to $4.3M[4]
Why selected: Selected for his extensive community leadership, including board roles with East Bay School for Boys and the San Francisco Zen Center. He further demonstrates elite performance with 272 five-star reviews and national ranking recognition.
This agent passed the full merit gate (4.5+ stars, 10+ verified reviews in 24 months, 5+ years experience). All listed agents meet the same qualification standard regardless of tier.
5 stars[2][3]
80+ reviews[2][3]
Lic #1475854[1]
Cassel and Brown Real Estate Partners
Contact
Phone: (415) 310-0066
Email: [email protected]
Website: http://www.anthonyecassel.com/
Zillow: https://www.zillow.com/profile/Anthony%20Cassel
23+ years experience[1]
240+ career transactions[2]
Range: $715K to $2.8M[4]
Why selected: Selected for his founding role in the charitable initiative Cassel & Brown Cares, demonstrating deep community commitment. This leadership is supported by over 800 families served, $1 billion+ in sales, and 92 five-star reviews.
This agent passed the full merit gate (4.5+ stars, 10+ verified reviews in 24 months, 5+ years experience). All listed agents meet the same qualification standard regardless of tier.
5 stars[2][3]
70+ reviews[2][3]
Lic #1265201[1]
Vanguard Properties
Contact
Phone: (510) 757-4787
Email: [email protected]
Website: http://www.annefestegroup.com/
Zillow: https://www.zillow.com/profile/Anne%20Feste
26+ years experience[1]
410+ career transactions[2]
0+ transactions last 12 mo[4]
Range: $375K to $3.7M[4]
Why selected: Selected for her exceptional quantifiable performance, ranking in the top 1% for local sales volume with over $300 million sold. She further distinguishes herself with a Certified Residential Specialist (CRS) designation and a perfect 5-star rating from 83 reviews.
This agent passed the full merit gate (4.5+ stars, 10+ verified reviews in 24 months, 5+ years experience). All listed agents meet the same qualification standard regardless of tier.
5 stars[2][3]
30+ reviews[2][3]
Lic #1342117[1]
Red Oak Realty
Contact
Phone: (510) 226-8788
Email: [email protected]
Website: https://www.ezfletcher.com/
Zillow: https://www.zillow.com/profile/Bill%20and%20Eli
19+ years experience[1]
290+ career transactions[2]
0+ transactions last 12 mo[4]
Range: $325K to $3.0M[4]
Why selected: Selected for his active community involvement through charitable donations and volunteer work with local organizations. He is backed by 42 five-star reviews and a remarkable 90% repeat/referral business rate from nearly two decades of experience.
This agent passed the full merit gate (4.5+ stars, 10+ verified reviews in 24 months, 5+ years experience). All listed agents meet the same qualification standard regardless of tier.
5 stars[2][3]
20+ reviews[2][3]
Lic #1942824[1]
Compass
Contact
Phone: (510) 590-0963
Email: [email protected]
Website: http://www.alexmichas.com/
Zillow: https://www.zillow.com/profile/Alex%20Michas
15+ years experience[1]
130+ career transactions[2]
0+ transactions last 12 mo[4]
Range: $435K to $33.0M[4]
Why selected: Selected for his deep community involvement and leadership roles, Alex Michas also demonstrates exceptional performance with 34 five-star reviews and record-breaking sales like the $23M 26 Sea View transaction.
This agent passed the full merit gate (4.5+ stars, 10+ verified reviews in 24 months, 5+ years experience). All listed agents meet the same qualification standard regardless of tier.
5 stars[2][3]
20+ reviews[2][3]
Lic #1977223[1]
Vanguard Properties
Contact
Phone: (415) 535-2996
Email: [email protected]
Website: http://www.eastbakergroup.com/
Zillow: https://www.zillow.com/profile/glenniekramerbaker
10+ years experience[1]
120+ career transactions[2]
0+ transactions last 12 mo[4]
Range: $550K to $3.0M[4]
Why selected: Selected for her leadership of the East Baker Group and deep community involvement. She combines over a decade of experience with strong market knowledge and a proven commitment to her clients.
This agent passed the full merit gate (4.5+ stars, 10+ verified reviews in 24 months, 5+ years experience). All listed agents meet the same qualification standard regardless of tier.
5 stars[2][3]
10+ reviews[2][3]
Lic #1716499[1]
Vanguard Properties
Contact
Phone: (510) 332-5747
Email: [email protected]
Website: https://vanguardproperties.com/agents/ann-lovi
Zillow: https://www.zillow.com/profile/AnnLovi
20+ years experience[1]
190+ career transactions[2]
0+ transactions last 12 mo[4]
Range: $506K to $3.4M[4]
Why selected: Selected for dedicated community service and professional excellence, demonstrated through performance, ranking in the top 1.5% of realtors nationally with over $225M in career sales and a perfect 5-star rating. Her deep market expertise, honed over nearly two decades, consistently delivers outstanding client results.
This agent passed the full merit gate (4.5+ stars, 10+ verified reviews in 24 months, 5+ years experience). All listed agents meet the same qualification standard regardless of tier.
5 stars[2][3]
10+ reviews[2][3]
Lic #1710397[1]
Coldwell Banker Valley Brokers
Contact
Phone: (503) 819-9191
Email: [email protected]
Website: http://amyprice.realtor/
Zillow: https://www.zillow.com/profile/Amy%20Price%20Broker
22+ years experience[1]
210+ career transactions[2]
0+ transactions last 12 mo[4]
Range: $205K to $1.3M[4]
Why selected: Selected for her deep community roots and leadership as a Principal Broker since 2008, combined with a perfect 5-star rating across 24 reviews and over 21 years of local expertise.
This agent passed the full merit gate (4.5+ stars, 10+ verified reviews in 24 months, 5+ years experience). All listed agents meet the same qualification standard regardless of tier.
5 stars[2][3]
10+ reviews[2][3]
Lic #00934170[1]
Cassel & Brown Real Estate
Contact
Phone: (510) 334-6952
Email: [email protected]
Website: http://www.cb-re.com/
Zillow: https://www.zillow.com/profile/AaronBrownEastBay
18+ years experience[1]
450+ career transactions[2]
20+ transactions last 12 mo[4]
Range: $345K to $3.7M[4]
Why selected: Selected for his deep community roots and leadership as a Founding Partner of a respected local brokerage. He combines this with a 5-star rating across 21 reviews and over 400 successful transactions.
This agent passed the full merit gate (4.5+ stars, 10+ verified reviews in 24 months, 5+ years experience). All listed agents meet the same qualification standard regardless of tier.