A 2109 sq. ft, condo in the James Monroe building, 44 River Drive South, Jersey City fetched $1,425,000 earlier this week. This is the highest price paid for a condo in the building since the beginning of 2016. The duplex unit # 3205 has 4 bedrooms and 3 bathrooms.
$676 the price paid per sq. ft. for this unit, is the 3rd highest per sq. ft. price paid so far this year. The highest was $723 for a much smaller condo, and $686 for a 1010 sq. ft. unit, both units closed earlier in the year.
In May a 1377 sq. ft unit fetched $882,500 or $645 a sq. ft. The James Munroe building was built in 1989.
If you would like to find out what your Jersey City downtown home is worth call Janice Hall at 201 232 8577.