Jersey City downtown saw a 5.03% increase in sold prices from July 1, 2016 – June 30, 2017 compared to sold prices in other Jersey City areas during July 1, 2015 – June 30, 2016.
During the same period July 2016 to June 2017, Jersey City Greenville experienced a 25.39% increase in sold prices over July 2015 – June 2016.
Jersey City Heights saw a 20.85% increase in 2016 – 2107 prices compared to 2015 – 2016.
West Bergen increased 6.85% during 2016 – 2017 compared to the same period 2015 – 2016.
There was a 10% decline in condo sales during the first half of 2017 in Jersey City downtown, zip code 07302 compared to the same period in 2016. In 2017 – 273 condos sold while in January to June 2016 – 305 condos changed owners.
There was a reduction too in days on the market. In 2017 the average days on the market was 30. In 2016 it was 31.
The average sold price increased in 2017 to $817,228. In 2016 the average was $$727,730.
If you have questions about your Jersey City real estate call Janice Hall at 201 232 8577.
The average price per sq. ft for condos sold at the Mandalay on the Hudson building so far for this year is $906.
3 of the 6 condos closed this year sold above the average. Unit #2005 which closed earlier in May sold for $997 a sq. ft, that is $672,000 for 674 sq. ft with 1 bedroom, 1 bath.
In April condo #204 sold at $917 a sq. ft. or $664,000 for 724 sq. ft. Unit # 2001 fetched $1,042 a sq. ft or $625,000 for 600 sq. ft. back in February. Both condos had 1 bedroom and 1 bathroom each.
Mandalay on the Hudson is located at 20 2nd Street in downtown Jersey City.
Interested in knowing the market value of your Jersey City condo? Call Janice Hall at 201 232 8577.
$782.41 the average per square foot price for condos in Jersey City downtown is the highest it’s been in at least a decade. It’s also up by 6% from the 2016 average of $735.52.
In 2008 the average $ per square foot was $513.63. In 2009 through 2012 the average decreased by almost 19% before climbing back to $518.17 in 2013. The average $ per sq. ft has consistently increased since then.
If you are interested in knowing the value of your Jersey City downtown condo call Janice Hall at 201 232 8577 or email: JaniceNJrealtor@gmail.com
The 2017 average closed sales price for all condo units in downtown Jersey City now stands at $827,206 a 12.2% increase over 2016 when the average was $726,111. This is the highest increase since 2010 when the average closed sales price was $438,249 a 0.9% over 2009.
The second highest percentage change was in 2014 when the average closed price jumped to 11% or $597,730 over 2013 of $531,784.
If you’d like to know what you Jersey City downtown condo is worth call Janice Hall at 201 232 8577.
Here is your opportunity to own a one of a kind 1388 sq. ft. corner loft in the Hugo Pronti Artist building in Jersey City Heights. This impressive generously spaced loft is a masterpiece of design and craftsmanship.
Four massive 5ft x 9ft windows allow natural light to flow throughout the loft’s open floor plan, which includes a bedroom, an office, living room, and dining room and a large eat in kitchen for entertaining. Expansive living spaces graced by 13ft reclaimed wood ceilings, exposed brick walls, industrial age beams and steel supports, hardwood floors and a charming gas fireplace.
Additional features include your own exclusive outdoor terrace overlooking the Heights and offering views of the NYC skyline, including Freedom Tower. A deeded garage is also included along with a large storage unit and shared laundry facilities on the ground floor.
If you are interested in finding out more about this listing call Janice Hall at 201 232 8577. Click on the link below for a tour:
“https://my.matterport.
Weichert, Realtors
273 Grove Street
Jersey City, NJ 07302
