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Quality of Life in Jersey City : Real Estate Advice

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  • Local Info93
  • Home Buying315
  • Home Selling25
  • Market Conditions36

Activity 6
Thu Oct 9, 2014
Tim Bal answered:
Forget the current low interest rate situation. Manhattan's resurgence as a hub for tech startups that pay high salaries has been a boon to the Jersey City market. But a bursting tech bubble in Manhattan coupled with a glut of rentals (estimated around seven THOUSAND) coming online over the next two years is going to spell trouble for condo owners in JC because there will be rental-to-condo conversions of older rental buildings to balance out rental unit supply and alot of those high-paying tech jobs are going to vanish into thin air very quickly. There are very few units on the market in JC right now by historical standards, so a spike in inventory when these rental-to-condo conversions happen will drive down condo prices. Right now is a terrible time to buy in downtown JC and I'd be trying to sell if I owned a condo there. ... more
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Mon Mar 2, 2009
Gilli Axel answered:
Hi Jerseygirl,

i live and invest in the neighborhood so I am comfortable and familiar with the area. I've just begun renovation of a 4 unit building on 4th Street between Monmouth and Brunswick. I also live nearby at Monmouth and 1st.

The neighborhood you are interested in is known locally as 'he Village'. I think it would benefit you to check out the neighborhood association. Here is the website, http://jcvillage.org/

Let me know if I can be of further assistance.

Regards,
Jason Ma, MSRE
Sales Representative
Weichert Realtors
(201) 314-1188 mobile
(800) 831-9207 fax
ma.jason@mac.com

www.WeichertJerseyCity.com
... more
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Fri Feb 22, 2008
Mary answered:
Mount Arlington is a hidden gem. This NW town is small and eneryone is very friendly. Schools are up and coming and it is close to everything. Brand new train station to NY is beautiful! ... more
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Wed Feb 20, 2008
Janet answered:
not a safe area too many drugs and robberies yes is considered ghetto..duh
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