With 15 condos sold so far for this year in the Jeresy City downtown market there is every indication that buyers’ confidence remain high.
Of the 15 Jersey City condos that changed ownership, 11 or 73% closed at 100% or above their list price. Among them, a 1420 sq ft unit at the Portofino building that went for $1,105,000, that is $6000 above its list price. At Waldo Lofts, a 1136 sq ft condo sold for $657,101, some $14,101 above its asking price.
Of the 15 Jersey City condos sold within the past 2 weeks, 5 sold within 12 days of coming on the market. If you would like to know what your Jersey City condo is worth in today’s market call me Janice Hall at 201 232 8577.