If you are looking for an affordable condo to buy in the Jersey City downtown area, there are a couple new listings on the market that might interest you. Of the eleven condos added to the inventory over the past week, 3 are priced under $450,000. They are spacious, between 850 and 1100 sq ft, and within close proximity to the trains. The other new listings to come on the market recently range in price between the mid 600,000 and 1.1 million, and 1100 to 2000 square feet. These condos are at the Portofino, James Munroe, Liberty View and Bank Condo buildings. If you would like to see any of these downtown Jersey City condo for sale call Janice Hall at 201 232 8577.
Jersey City Condos
New condo listings downtown JC
10 new listings have been added to the Jersey City downtown inventory since the beginning of the week. If you have been waiting to buy an extra large condo on the Jersey City waterfront now is the perfect time for you to do so. The Shore Club and its sister propety 20 Newport Parkway, now offer over 2200 sq ft of living space with 4 and 3 bedrooms respectively. For more information on these 2 new listings and for all condos for sale at the Jersey City waterfront call Janice Hall at 201 232 8577 or email me at janiceNJrealtor@gmail.com
Jersey City condo buyers have more buying power
Thinking about buying a condo in Jersey City but worried about the rising interest rates on a 30 year fixed? You may just want to consider the jumbo ARM mortgage. Interest rates on the jumbo ARM now run in the low to mid 3%, a marked difference to the 30 year fixed mortgage. This means you can buy a condo on the Jersey City waterfront for $600,000 and pay $600 per month for the loan. The average buyer in downtown Jersey City moves within 5 to 7 years after purchasing a home. The ARM mortgage gives the buyer more buying power and is an attractive alternative especially with home values steadily increasing and expected to continue this trend. If you are thinking about buying a home in Jersey City contact Janice Hall, Weichert Realtors at 201 232 8577 or email janiceNJrealtor@gmail.com.
