Hi H,
Very Good observation prices are all over the place in Jersey City. That being said, In Jersey City Now is a great time to Sell or Rent. Depending on what you bought it for. You should be asble to turn a profit. I have had about 10 buyer's from NYC, enquire about Jersey City Condos. The National Slow Down has affected mostly eveywhere including our beloved Jersey City.........
However Jersey City remains with super strong demand. And price is a function of Supply And Demand.
By the way you can find out what your condo's worth online at
http://www.NjHomeWorth.com Or
http://www.HomepricingNj.com. Both are fast free and pretty painless. Hope that helps. Good luck. Let me know how it goes.
- Tue Sep 11 2007, 18:39