For the month of August, three condos have sold so far at the Mandalay on the Hudson, 20 2nd Street, Jersey City downtown. The average price per sq. ft. for those sold was $805.75.
$828.72 was the highest per sq. ft. price, achieved for unit # 2004 – a 724 sq. ft. one-bedroom condo that sold in 4 days for $600,000, some $5000 above its list price. Unit # 2209 fetched the highest price of the 3. It sold for $1,187,000, just $12,000 short of its list price. The 1450 Sq. ft condo had 3 bedrooms and 2 baths. Unit # 2502, an 1104 sq. ft. unit, fetched $850,000 and a price per sq. ft of $769.92. The 2-bedroom, 2-bathroom unit went under contract in 18 days; its asking price was $860,000.
In July, the average price per sq. ft for condos sold at the Mandalay, Jersey City downtown was $818.57.
If you’d like to know how much your Jersey City downtown condo is worth, call me, Janice Hall, at (201) 232-8577.
