Sellers in the Jersey City downtown area continue to achieve higher prices for their condos than sellers in other areas of Jersey City. There were 8 condo sales in the Jersey City downtown area for the week ending Saturday, October 12. Of the 8 condos sold, 4 sold at 100% to 100.02% of sale to list price, including one unit in the Mandalay building which sold at list price. The other 4 condos sold ranged between 91% and 98% of list price.
21 condos in the area went under contract during the same period, including a condo at the Trump Plaza at 88 Morgan Street, and one at the Portofino building at 65 2nd Street. If you would like to find out what you can get for your condo, call me, Janice Hall, at (201) 232-8577.
