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Jersey City Real Estate Overview

Today, November 27, 2009

Market View for Jersey City

Info
Avg. Listing Price $398,776 Wk ending Nov 18
-$6,112
-1.5%
w-o-w
Median Sales Price $245,000 Aug '09 - Oct '09
-$49,000
-16.7%
y-o-y
2,081Homes For Sale 8Open Homes
28Recently Sold 405Foreclosures

Market Trends for Jersey City

Embed Info
Listing price – Jersey City
Average Listing Price
$398,776
-1.5%
w-o-w
Median Sales Price
$245,000
-16.7%
y-o-y
Average price/sqft
$
%
y-o-y
Number of Sales
29
-89.9%
y-o-y
More Jersey City Market Trends
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Home Prices for Jersey City

Info
google map tile
Most popular
neighborhoods
Avg. listing price
Week ending Nov 18
 
w-o-w

Hamilton Park
$481,022
+3.4%
Harsimus Cove
$527,783
+0.7%
Waldo
$544,756
-1.0%
Downtown - Van Vorst Park
$697,339
-4.4%
Colgate Center
$719,640
+0.4%
 
Movers & Shakers
Avg. listing price
Week ending Nov 18
 
w-o-w

Downtown - Van Vorst Park
$697,339
-4.4%
Hamilton Park
$481,022
+3.4%
Paullus Hook
$555,833
+2.1%
Newport
$463,590
+2.0%
Exchange Place North
$482,892
+1.3%
 
View Jersey City Home Prices Map
 

Jersey City Summary

Average price per square foot for Jersey City NJ was $202, a decrease of 24.3% compared to the same period last year. The median sales price for homes in Jersey City NJ for Aug 09 to Oct 09 was $245,000 based on 29 home sales. Compared to the same period one year ago, the median home sales price decreased 16.7%, or $49,000, and the number of home sales decreased 89.9%.

There are currently 2,081 resale and new homes in Jersey City on Trulia, including 8 open houses, as well as 405 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. The average listing price for homes for sale in Jersey City NJ was $398,776 for the week ending Nov 18, which represents a decrease of 1.5%, or $6,112, compared to the prior week. Popular neighborhoods in Jersey City include Hamilton Park and Harsimus Cove, with average listing prices of $481,022 and $527,783.

 

Schools in Jersey City

Info
DISTRICT
TYPE
GRADES
SCHOOLS
STUDENTS
Jersey City Public School District
Public
PK - 12
52
30,125
Hudson County Schools Of Technology
Public
9 - 12
5
3,850
SCHOOL NAME
SCHOOL TYPE
GRADES
PARENT RATING
St Dominic Academy
Catholic
9 - 12
St Peter's Preparatory School
Catholic
9 - 12
Resurrection School
Catholic
PK - 8
Please consult with the school district or a local real estate pro to confirm your eligibility to enroll with a particular district or school.
View all Jersey City Schools
 

Community Info for Jersey City

Info
More Jersey City Community Info

Homes for Sale in Jersey City

54 Magnolia Avenue, Jersey City NJ
54 Magnolia…
$199,000
2 br  1 ba
174 Washington Street, Jersey City NJ
174 Washin…
$925,000
2 br  2 ba
305 Garfield Avenue, Jersey City NJ
305 Garfie…
$359,000
5 br  2 ba
85 Broadway #T3K, Jersey City NJ
85 Broadway…
$390,000
2 br  1 ba
243 Lexington Avenue, Jersey City NJ
243 Lexing…
$275,000
4 br  2 ba
109 Bayview Avenue, Jersey City NJ
109 Bayview…
$155,000
 
View all Jersey City Homes for Sale
 
Stats & Trends
Jersey City

Real Estate Overview

Market Trends

Schools

Home Prices Map

Community Info

Neighborhoods

Hamilton Park

Harsimus Cove

View more neighborhoods or ZIPs
  • Colgate Center
  • Downtown - Van Vorst Park
  • Exchange Place North
  • Hamilton Park
  • Harsimus Cove
  • Hudson Exchange
  • Newport
  • Paullus Hook
  • Waldo
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  • 07097
  • 07302
  • 07303
  • 07304
  • 07305
  • 07306
  • 07307
  • 07308
  • 07309
  • 07310
  • 07311
  • 07395
  • 07399
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Nearby Cities

Cities
Median
sales price
Average
listing price
Hoboken
$694,000
$566,722
Weehawken
$483,450
$662,686
Union City
$270,000
$301,988
Secaucus
$325,500
$539,556
Kearny
$255,000
$314,802
Guttenberg
$308,750
$351,956
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Advice

Recent Q&A in Jersey City, NJ

Q: Looking to buy a third home, i have an investment property, but i am now looking to buy a property to make my primary residence. 4 answers
Q: Trouble getting a government mortgage for condo? Be the first to answer
Q: Hi, I am considering either purchasing 1 BR Condo or a Studio. Both have 800 sq ft and both are loft styles Studio (w/ seperate sleeping areas, 3 answers
Q: Hi, I am considering either purchasing 1 BR Condo or a Studio. Both have 800 sq ft and both are loft styles Studio (w/ seperate sleeping areas, Be the first to answer
Q: My landlord recently died. We had a month to month lease with him. Currently the property and rent are being held in his "estate". His son 1 answer

Got a real estate question? 

More Advice:
  • Recent Q&A in Jersey City, NJ
  • Recent blog posts in Jersey City, NJ
  • Find a real estate professional Jersey City, NJ

Nearby Cities Real Estate

  • Hoboken Real Estate
  • Weehawken Real Estate
  • Union City Real Estate
  • Secaucus Real Estate
  • Kearny Real Estate
  • Guttenberg Real Estate

Nearby Cities Sold Homes

  • Hoboken Sold Homes
  • Weehawken Sold Homes
  • Union City Sold Homes
  • Secaucus Sold Homes
  • Kearny Sold Homes
  • Guttenberg Sold Homes

Nearby Cities Home Prices

  • Hoboken Home Prices
  • Weehawken Home Prices
  • Union City Home Prices
  • Secaucus Home Prices
  • Kearny Home Prices
  • Guttenberg Home Prices

Jersey City Stats & Trends

  • Jersey City Market Trends
  • Jersey City Schools
  • Jersey City Community Info
  • Jersey City Home Prices
  • Jersey City Real Estate
  • Jersey City Recently Sold Homes

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Jersey City real estate—use Trulia to find real estate in Jersey City as well real estate in other cities in New Jersey. Trulia provides comprehensive real estate guides with up-to-date information about housing prices, latest Jersey City real estate trends, market activity, and neighborhood information. Before buying a house in Jersey City, research real estate on Trulia. Understanding the Jersey City real estate market is your first step to buying a home in Jersey City, New Jersey. Our real estate guide gives your a valuable overview of the Jersey City real estate market—find Jersey City properties, sales statistics, real estate price trends, real estate market activity, comparisons of Jersey City schools or New Jersey schools, and general demographic information for Jersey City, NJ. Trulia's real estate guide combines a Jersey City map with a detailed list of Jersey City neighborhoods, ZIP codes, and nearby cities to help kick-start your search for a home in Jersey City.
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About this Info
Average Listing Price for the most recent week available is based on daily list price data for resale and new homes on Trulia and is compared to the same period one week prior.
Median Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources. The Median Sales Price is the price at which one-half of the homes sold for more than that amount and one-half of the homes sold for less than that amount.
Homes for Sale includes resale and new homes on Trulia.
Recently Sold is a count of all known arms-length residential sales in the last 9 months according to public records.
Open Homes refers to listings on Trulia with scheduled open house times.
Foreclosures includes properties in the pre-foreclosure, auction, and bank-owned stages of the foreclosure process.
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About this Info
Average Listing Price for the most recent week available is based on daily list price data for resale and new homes on Trulia and is compared to the same period one week prior.
Median Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources. The Median Sales Price is the price at which one-half of the homes sold for more than that amount and one-half of the homes sold for less than that amount.
Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. All sales figures are compared to the same period one year prior.
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About this Info
Most Popular Neighborhoods are calculated each week based on search behavior on the Trulia website.
Movers 'n Shakers are selected based on the week-over-week percentage change in Average Listing Price.
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Parent Reviews
These reviews include feedback from parents, students, former students, administrators and other staff. This feedback may help you further evaluate and compare schools, along with other information such as test scores, academic programs, school resources, classroom and teacher ratios, etc. The reviews are provided by GreatSchools.

Ask a question about this school on Trulia Voices to learn more about this school or district from residents and other local experts.

 
   
About this Info
Crime statistics for 2006 (most recent year available) are reported by the Federal Bureau of Investigation in the Uniform Crime Report.
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