Real Estate Market Update for Jersey City, NJ
Welcome to November's Market Update. Let’s take a look at residential real-estate activity in your area during the month of October. The number of active listings was down 47% from one year earlier, and did not change from the previous month. These latest figures mean that buyers had a more limited selection of homes to choose from compared to the same month the previous year. As you can see, the median listing price for the month was just over 270-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 84%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was just under 1-million dollars. The number of units sold decreased 67% year-over-year, and decreased 75% month-over-month. Fewer sales could indicate an opportunity for buyers to negotiate better terms. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
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Map Information for Jersey City, NJ
Area Information for Jersey City, NJ
  • Population: 263,969
  • Median Age: 35.73 yr
  • Median Commute Time: 33 mins
  • Educational Climate*: 3
  • Sales Tax: 7%
  • Population Density: 17,843/sq mi
  • Population Change Since 2000: 9.96%
  • Closest Airport: Newark Liberty International
  • Closest College: Saint Peters College
  • Closest Jr. College: Hudson County Community College
  • Median Household Income: $61,705
  • Annual Residential Turnover: 12%
  • Median Home Sales Price: $275,000
  • Closest Major Sports Team: New York Knicks
  • Change Avg. Household Income Since 2000: 66.96%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Jersey City, NJ
Median Age: 35.73 Married: 32% Number of Households: 103,957 Households with Children: 28,359
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for Jersey City, NJ

      School Name Distance Type Grades School Rating Parent Rating
      County Prep High School 0.2 mi Public 9-12 4 3
      Career Academy 0.2 mi Public 9-12 0 0
      Academy Of Technology Design 0.2 mi Public 9-12 0 0
      Primary Prep Elementary School 0.3 mi Private PRESCHOOL-8 0 0
      Hudson Catholic Regional High School 0.3 mi Catholic 9-12 0 0
      Martin Luther King, Jr No. 11 Elementary School 0.4 mi Public PRESCHOOL-8 2 0
      Academy Of International Enterprise At James J Ferris 0.5 mi Public 9-12 0 3
      Number 5 Elementary School 0.5 mi Public PRESCHOOL-8 3 0
      St Joseph Elementary School 0.5 mi Catholic PRESCHOOL-8 0 0
      Beloved Charter School 0.5 mi Public K-5 3 0
      Julia A. Barnes No. 12 Elementary School 0.6 mi Public PRESCHOOL-8 1 0
      William L. Dickinson High School 0.6 mi Public 9-12 2 3
      Adult Evening High School 0.6 mi Public - 0 0
      N J Reg Day jersey City 0.6 mi Public K-11 0 0
      Joseph H. Brensinger No. 17 Elementary School 0.6 mi Public PRESCHOOL-8 2 0
      St Dominic Academy 0.6 mi Catholic 7-12 0 4
      Ycs May Academy 0.6 mi Private 1-8 0 0
      Resurrection School 0.6 mi Catholic PRESCHOOL-8 0 0
      Lincoln High School 0.6 mi Public 9-12 0 3
      I.e.f Al Ghazaly 0.6 mi Private PRESCHOOL-7 0 5
      St Elizabeths School 0.7 mi Catholic K-K 0 0
      Genesis Academy 0.7 mi Private PRESCHOOL-K 0 0
      Genesis Educational Center 0.7 mi Private PRESCHOOL-K 0 0
      Learning Community Charter School 0.7 mi Public PRESCHOOL-8 4 0
      Caritas Academy 0.7 mi Catholic 9-12 0 0
      Number 22 Elementary School 0.7 mi Public PRESCHOOL-5 1 0
      Badr School 0.8 mi Private PRESCHOOL-8 0 0
      Frank R. Conwell No. 3 Elementary School 0.8 mi Public PRESCHOOL-5 2 0
      Number 23 Elementary School 0.8 mi Public PRESCHOOL-8 1 0
      Number 4 Middle School 0.8 mi Public 6-8 3 3
      Dr. Ronald Mc Nair Academy High School 0.8 mi Public 9-12 5 4
      St. Aloysius Elementary School 0.8 mi Catholic PRESCHOOL-8 0 0
      First Christian Pentecostal 0.8 mi Private PRESCHOOL-10 0 0
      First Christian Pentecostal Acad 0.8 mi Private K-10 0 0
      P.r.r. Corporation/smile Preschool & Child Care 0.9 mi Private PRESCHOOL-PRESCHOOL 0 0
      Liberty High School 0.9 mi Public 9-12 3 3
      Renaissance Institute 0.9 mi Public 9-12 0 0
      Jotham W. Wakeman No. 6 Elementary School 0.9 mi Public PRESCHOOL-5 2 0
      Jersey City Golden Door Charter School 0.9 mi Public PRESCHOOL-8 3 0
      Dr Lena Edwards Academic 0.9 mi Public K-8 1 0
      St Patrick & Assumption All Saints 0.9 mi Catholic PRESCHOOL-8 0 0
      Anthony J. Infante No. 31 Elementary School 0.9 mi Public PRESCHOOL-2 0 0
      Montessori School Of Jersey City 0.9 mi Private PRESCHOOL-2 0 0
      The Ethical Community Charter School 0.9 mi Public K-4 3 0
      Number 14 Elementary School 1.0 mi Public PRESCHOOL-8 0 0
      Rafael De J. Cordero No. 37 Elementary School 1.0 mi Public PRESCHOOL-8 1 5
      Dr. Charles P. Defuccio No. 39 Elementary School 1.1 mi Public PRESCHOOL-8 1 0
      St Anthony High School 1.1 mi Catholic 9-12 0 0
      Franklin L Williams Ms No7 1.1 mi Public 6-8 2 0
      Explore 2000 Middle School 1.1 mi Public 6-8 4 0
      Our Lady Of Czestochowa 1.2 mi Catholic PRESCHOOL-8 0 0
      St Josephs School Blind 1.2 mi Private K-12 0 0
      Concordia Learning Center At Sjsb 1.2 mi Private PRESCHOOL-12 0 0
      Number 33 Elementary School 1.2 mi Public PRESCHOOL-4 3 0
      Tet Christian Academy 1.2 mi Private PRESCHOOL-12 0 0
      Great Futures Charter School 1.3 mi Public 9-10 0 0
      St Peters Preparatory School 1.3 mi Catholic 9-12 0 4
      Number 24 Elementary School 1.3 mi Public K-8 1 0
      St.nicholas School 1.4 mi Catholic PRESCHOOL-8 0 0
      Our Lady Of Victories School 1.4 mi Catholic PRESCHOOL-8 0 0
      Number 29 Elementary School 1.4 mi Public PRESCHOOL-5 0 0
      Waterfront Montessori 1.4 mi Private PRESCHOOL-8 0 0
      Cornelia F. Bradford No. 16 Elementary School 1.4 mi Public PRESCHOOL-5 5 0
      Kenmare Alternative High School 1.4 mi Catholic UNGRADE-UNGRADE 0 0
      The Nuturing Place 1.4 mi Private PRESCHOOL-K 0 0
      Number 8 Elementary School 1.4 mi Public PRESCHOOL-5 1 0
      Henry Snyder High School 1.5 mi Public 9-12 1 3
      The Academy I Middle School 1.6 mi Public 6-8 4 0
      Center For The Arts 1.6 mi Public PRESCHOOL-8 1 0
      Sacred Heart School 1.6 mi Catholic PRESCHOOL-8 0 0
      Stevens Cooperative School 1.6 mi Private PRESCHOOL-8 0 0
      Abc Elementary School 1.7 mi Private PRESCHOOL-8 0 0
      Nicolas Copernicus No. 25 Elementary School 1.7 mi Public PRESCHOOL-5 2 0
      University Academy Charter School 1.7 mi Public 9-12 1 3
      Whitney M Young 1.8 mi Public PRESCHOOL-8 0 0
      James F. Murray No. 38 Elementary School 1.8 mi Public PRESCHOOL-8 2 0
      Number 28 Elementary School 1.9 mi Public PRESCHOOL-8 2 0
      M E T S Charter School 1.9 mi Public 6-12 1 3
      Full Will Of God Christian Acad 2.0 mi Private 4-12 0 0
      Jersey City Global Charter School 2.1 mi Public K-3 3 3
      St Anne School 2.1 mi Catholic PRESCHOOL-8 0 0
      Number 34 Elementary School 2.1 mi Public PRESCHOOL-8 0 0
      Alfred E. Zampella No. 27 Elementary School 2.2 mi Public PRESCHOOL-8 2 0
      Number 20 Elementary School 2.4 mi Public PRESCHOOL-5 1 0
      Jersey City Comm Charter School 2.5 mi Public K-8 1 0
      Infinity Institute 2.6 mi Public 7-11 5 3
      Our Lady Of Mercy School 2.6 mi Catholic PRESCHOOL-8 0 0
      Soaring Heights Charter School 2.7 mi Public K-8 4 0
      Alexander D. Sullivan No. 30 Elementary School 2.8 mi Public PRESCHOOL-5 1 0
      Ezra L. Nolan No. 40 Middle School 2.9 mi Public 6-8 0 0
      Joseph School Of Tomorrow 3.0 mi Private PRESCHOOL-7 0 0
      Hamilton Park Montessori School 1,316.1 mi Private PRESCHOOL-3 0 0
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: Onboard Informatics © 2016. School Performance data by SchoolDigger.com. School Review data by Niche.com.
      Local Weather for Jersey City, NJ
        Community information and market data Powered by Onboard Informatics. Copyright ©2016 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.