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Quality of Life in 07302 : Real Estate Advice

  • All148
  • Local Info15
  • Home Buying78
  • Home Selling12
  • Market Conditions6

Activity 4
Thu Oct 9, 2014
Darrell Roch answered:
In most cases any new development in the Downtown Jersey City area should only help to increase the property values in the area.

Currently the market absortion in the area is showing that the Downtown area is becoming a sellers market and properly priced condos are selling very quickly and some with multiple offers. Values are starting to increase off their lows. If you have owned for a while, and didn't buy at the highs now is a great time to list your property.

Also most of the new construction planned for the area is Rental and not Condo. This is good for condo owners as the demand for their condos should continue to grow and should help to rais prices.

For your specific property it depends on where your condo is located in the building. One thing in real estate is never to promise a specific view to someone unless you are 1000% sure nothing will be built infront of that view in the future.
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Mon Mar 2, 2009
Walter Burns answered:
Only you can be the judge if you are comfortable walking in the area as night. I recommend going there at night with a friend and seeing you are comfortable. Realtors cannot comment if an area is "bad" or "good" or unsafe. I recommend contacting the Jersey City Police Department and asking them for a crime report in that area. You may also want to ask some neighbors in the area when you go back and visit. Here is the website for the JCPD.

Please let me know if you have any additional questions.

All the best in your home search,

Walter J. Burns
Weichert Realtors
1 Newark St.
Hoboken, NJ 07030
201-653-8488 Ext: 230
201-694-8946 Mobile
201-653-4154 Fax
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Fri Feb 22, 2008
Demetrios Milliaressis answered:
Jersey city heights or some of the waterfront complexes.
Hoboken is also something to explore.

Take your time and use an agent wether buying leasing or considering a lease purchase.

Lease purchase lets u decide if you made the right choice.

Best of Luck
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Wed Feb 20, 2008
Marc Paolella answered:
Jersey City crime statistics have been pretty good recently, but I'd still consider all urban areas with caution. You simply have to watch your back these days no matter where you live. If I were going to move into a given apartment building, I'd spend a few hours walking the streets, visiting local shops, and just getting a vibe. In some areas, you can sense danger. In other areas, everything seems to be in place. You really have to judge this for yourself. Everyone has a different comfort level. You can also always just stop at the local police precinct and just ask. Good luck in JC!

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