Housing Prices in Downtown Jersey City, NJ
How much do homes in Downtown Jersey City, NJ cost?
Median List Price
$725,000
$731/sqft
Based on all homes listed in April 2024.
Difference Since Last Month
Key Takeaway
The list price of homes in Downtown Jersey City has decreased by 27.5% since March.
Summary: The median home list price in Downtown Jersey City was $725,000 in April 2024, down 27.5% from the previous month, and the median price per square foot was $731.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $577.4K | $490K | -15.2% |
| 2 Bedrooms | $599K | $599K | 0.0% |
| 3 Bedrooms | $1.5M | $1.3M | -12.0% |
| 4 Bedrooms | $1.0M | $2.1M | +91.1% |
| 5+ Bedrooms | $1.6M | $1.8M | +11.5% |
Summary: Downtown Jersey City housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes decreased by 15.2%, 2 bedroom homes did not change, 3 bedroom homes decreased by 12%, 4 bedroom homes increased by 91.1%, and 5+ bedroom homes increased by 11.5%.
Median List Price Compared To Nearby Neighborhoods
| Hamilton Park | $1.0M | $1.9M | +92.5% |
| Van Vorst Park | $599K | $662K | +10.5% |
| Downtown Jersey City | $1.0M | $725K | -27.5% |
| Harsimus | $1.4M | $855K | -43.0% |
| The Village | $1.5M | $875K | -45.0% |
Housing Supply in Downtown Jersey City, NJ
How many homes are available in Downtown Jersey City, NJ?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 15 | 21 | +40.0% |
Summary: The Downtown Jersey City real estate market had 21 homes for sale in April 2024, a 40.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 6 | 7 | +16.7% |
| 2 Bedrooms | 1 | 5 | +400.0% |
| 3 Bedrooms | 1 | 3 | +200.0% |
| 4 Bedrooms | 5 | 3 | -40.0% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Downtown Jersey City housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 16.7%, 2 bedroom homes increased by 400%, 3 bedroom homes increased by 200%, 4 bedroom homes decreased by 40%, and 5+ bedroom homes increased by 50%.
Days on Market for Downtown Jersey City, NJ
How long does it take to sell a home in Downtown Jersey City, NJ?
Average Listing Age
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 63 Days | 49 Days | -21.6% |
Summary: Homes in Downtown Jersey City had an average listing age of 49 days in Apr 2024, down by 21.6% compared to the previous month.
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Monmouth/Ocean MLS Monmouth County Association Board of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2024 Monmouth/Ocean MLS Monmouth County Association Board of Realtors. All Rights Reserved.
The data relating to real estate for sale on this web-site comes in part from the Internet Listing Display database of the CENTRAL JERSEY MULTIPLE LISTING SYSTEM. Real estate listings held by brokerage firms other than this site-owner are marked with the ILD logo. The CENTRAL JERSEY MULTIPLE LISTING SYSTEM does not warrant the accuracy, quality, reliability, suitability, completeness, usefulness or effectiveness of any information provided. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify properties the consumer may be interested in purchasing or renting. Copyright 2024, CENTRAL JERSEY MULTIPLE LISTING SYSTEM. All Rights Reserved. The CENTRAL JERSEY MULTIPLE LISTING SYSTEM retains all rights, title and interest in and to its trademarks, service marks and copyrighted material.