With a change in condo sales pace in the Jersey City downtown area, now more than any other time of the year, is a great time to make an offer on a condo. With inventory slightly higher this month than in the past few months, buyers have a better chance of making a deal with a ready and willing seller.
There are several condos listed for sale at the Trump Towers, 88 Morgan Street, Jersey City downtown, ranging in price from $624 per sq ft to $963 per sq ft. The average closed sale price per sq ft in September was $775.
Similarly, at the Mandalay, 20 2nd Street, Jersey City, there are many to choose from, starting at $732 per sq ft. to $852 per sq ft. A month ago, the average closed price per sq ft. was $747.
There are a couple of condos to choose from at the Shore Club, 1 Shore Lane, ranging in price from $726 per sq ft. to $847 per sq ft. In September, the average sale price in that building was $701 per sq ft.
If you are interested in buying or selling real estate in Jersey City downtown, call me, Janice Hall, at (201) 232-8577.
