The sellers’ market remained strong in 2023 as it did in 2022, with similarities in the housing market for residential properties sold in Bayonne.
There was a slight increase in average sold and list prices for all residential properties, condos, co-ops, townhouses, and single-family homes in Bayonne in 2023 compared to 2022. Sales volume differed significantly, with a 69% decline in properties sold in 2023 compared to the previous year.
In 2023, the average sold price for all residential properties was $399,808; the average list price was $399,113, and the average days on the market was 31. In 2022, the average sold price was $394,914, the average list price was $395,151, and the average days on the market was 31.
In 2023, a single-family with an adjoining lot at 39 East 37th Street achieved the highest sold price of $760,000. The list price was $799,000. In 2022, 75 West 41st Street achieved the highest sold price of $765,000. It was listed at $775,000.
For information on residential real estate in Hudson County, contact Janice Hall (201) 232-8577.
