Real Estate Market Update for Jersey City, NJ
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Welcome to March's Market Update,. Let's take a look at residential real-estate activity in your area during the month of March. The number of active listings was down 44% from one year earlier, and up 6% from the previous month. This recent increase reflected a larger selection of homes for buyers to choose from. As you can see, the median listing price for the month was just under 190-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 15%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was just under 140-thousand dollars. The number of units sold decreased 33% year-over-year, and decreased 71% 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.
Map Information for Jersey City, NJ
Area Information for Jersey City, NJ
  • Population: 37,084
  • Median Age: 32.88 yr
  • Median Commute Time: 31.89 mins
  • Educational Climate*: 5
  • Sales Tax: 6.909%
  • Population Density: 25,208/sq mi
  • Population Change Since 2000: 20.07%
  • Closest Airport: Newark Liberty International
  • Closest College: Saint Peters College
  • Closest Jr. College: Hudson County Community College
  • Median Household Income: $90,177
  • Annual Residential Turnover: 31.33%
  • Median Years in Residence: 1.92 yr
  • Median Home Sales Price: $480,000
  • Closest Major Sports Team: New York Rangers
  • Change Avg. Household Income Since 2000: 102%
* Scale from 1-5** Index where 100 is the national average
Demographic Data for Jersey City, NJ
Median Age: 32.88 Married: 24% Number of Households: 18,562 Households with Children: 3,829
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 GreatSchools Rating Parent Rating
      County Prep High School 0.2 mi Public 9-12 3-5 4
      Explore 2000 Middle School 0.2 mi Public 6-8 3-5 3
      Primary Prep 0.3 mi Private PRESCHOOL-8 0 4
      Hudson Catholic Regional High School 0.3 mi Private 9-12 0 4
      Martin Luther King, Jr No. 11 Elementary School 0.4 mi Public PRESCHOOL-8 1 3
      James J. Ferris High School 0.5 mi Public 9-12 1 3
      Kennedy Number 9 0.5 mi Public PRESCHOOL-5 0 0
      Number 5 Elementary School 0.5 mi Public PRESCHOOL-8 2-5 3
      St. Joseph Elementary School 0.5 mi Private PRESCHOOL-8 0 5
      William L. Dickinson High School 0.5 mi Public 9-12 1 3
      Julia A. Barnes No. 12 Elementary School 0.6 mi Public PRESCHOOL-8 1 4
      N.j. Regional Day School Jersey City 0.6 mi Public K-11 0 0
      Joseph H. Brensinger No. 17 Elementary School 0.6 mi Public PRESCHOOL-8 1 3
      St. Dominic Academy 0.6 mi Catholic 9-12 0 4
      Ycs May Academy 0.6 mi Private - 0 5
      Ressurection School 0.6 mi Private PRESCHOOL-8 0 3
      Lincoln High School 0.6 mi Public 9-12 1 3
      I.e.f. Al-ghazaly 0.6 mi Private PRESCHOOL-8 0 0
      St Elizabeths School 0.7 mi Private - 0 0
      Genesis Educational Center 0.7 mi Private PRESCHOOL-1 0 1
      Genesis Academy 0.7 mi Private PRESCHOOL-7 0 0
      Caritas Academy 0.7 mi Private 9-12 0 0
      Learning Community Charter School 0.7 mi Public PRESCHOOL-8 3-5 4
      Reverend Dr. Ercel F. Webb School Number 22 0.7 mi Public PRESCHOOL-5 0 0
      Badr School 0.7 mi Private PRESCHOOL-8 0 2
      Frank R. Conwell No. 3 Elementary School 0.8 mi Public PRESCHOOL-5 1 3
      Number 4 Middle School 0.8 mi Public 6-8 1 4
      Number 23 Elementary School 0.8 mi Public PRESCHOOL-8 1 4
      Dr. Ronald E. Mc Nair/academic High School 0.8 mi Public 9-12 5 4
      St. Aloysius Elementary School 0.8 mi Catholic PRESCHOOL-8 0 4
      First Christian Pentecostal Acad 0.8 mi Private PRESCHOOL-8 0 0
      First Christian Pentecostal 0.8 mi Private PRESCHOOL-8 0 4
      Prr Corporation/smile Preschool & Chldcare 0.9 mi Private PRESCHOOL-K 0 0
      Liberty High School 0.9 mi Public 9-12 2-5 3
      Jersey City Golden Door Charter School 0.9 mi Public K-8 2 3
      Jotham W. Wakeman No. 6 Elementary School 0.9 mi Public PRESCHOOL-5 2 4
      St Patrick & Assumption-all Saints 0.9 mi Private PRESCHOOL-8 0 0
      Anthony J. Infante No. 31 Elementary School 0.9 mi Public PRESCHOOL-2 0 4
      Montessori School Of Jersey City 0.9 mi Private PRESCHOOL-2 0 3
      The Ethical Community Charter School 0.9 mi Public K-2 2-5 4
      St Mary High School 1.0 mi Catholic 9-12 0 0
      Ollie Culbreth, Jr. School Number 14 1.0 mi Public PRESCHOOL-6 0 0
      Rafael De J. Cordero No. 37 Elementary School 1.0 mi Public PRESCHOOL-8 1 4
      Dr. Charles P. Defuccio No. 39 Elementary School 1.1 mi Public PRESCHOOL-8 1 3
      St. Anthony High School 1.1 mi Catholic 9-12 0 4
      Heights Middle School 1.1 mi Public 6-8 1 4
      Our Lady Of Czestochowa 1.2 mi Private PRESCHOOL-8 0 4
      Concordia Learning Center At Sjsb 1.2 mi Private PRESCHOOL-12 0 0
      St Josephs School-blind 1.2 mi Private - 0 0
      Number 33 Elementary School 1.2 mi Public PRESCHOOL-4 2-5 4
      Tet Christian Academy 1.2 mi Private K-12 0 0
      St. Peters Preparatory School 1.3 mi Private 9-12 0 5
      Number 24 Elementary School 1.3 mi Public K-8 1 2
      St. Nicholas School 1.3 mi Private PRESCHOOL-8 0 4
      Our Lady Of Victories School 1.4 mi Catholic PRESCHOOL-8 0 0
      Number 29 Elementary School 1.4 mi Public PRESCHOOL-5 1 2
      Cornelia F. Bradford No. 16 Elementary School 1.4 mi Public PRESCHOOL-5 3-5 4
      Waterfront Montessori 1.4 mi Private PRESCHOOL-8 0 3
      Kenmare Alternative High School 1.4 mi Private UNGRADE-UNGRADE 0 2
      Number 8 Elementary School 1.4 mi Public PRESCHOOL-5 1 3
      Henry Snyder High School 1.5 mi Public 9-12 0 3
      The Academy I Middle School 1.5 mi Public 6-8 4 4
      Fred W. Martin No. 41 1.6 mi Public 6-8 1 4
      Sacred Heart School 1.6 mi Private PRESCHOOL-8 0 2
      Stevens Cooperative School 1.6 mi Private K-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 1 3
      University Academy Charter School 1.7 mi Public 9-12 1 4
      Whitney M. Young 1.8 mi Public PRESCHOOL-6 0 4
      James F. Murray No. 38 Elementary School 1.8 mi Public PRESCHOOL-8 1 2
      Number 28 Elementary School 1.9 mi Public PRESCHOOL-8 1 3
      Liberty Academy Charter School 1.9 mi Public K-6 0 2
      Full Will Of God Christian Acad 2.0 mi Private 2-11 0 0
      St Anne School 2.1 mi Private PRESCHOOL-8 0 0
      Number 34 Elementary School 2.2 mi Public PRESCHOOL-8 0 2
      Alfred E. Zampella No. 27 Elementary School 2.2 mi Public PRESCHOOL-8 2 3
      Number 20 Elementary School 2.4 mi Public PRESCHOOL-5 1 3
      Jersey City Community Charter School 2.4 mi Public K-8 1 4
      Our Lady Of Mercy Academy 2.6 mi Private PRESCHOOL-8 0 0
      Soaring Heights Charter School 2.7 mi Public K-8 3 4
      Alexander D. Sullivan No. 30 Elementary School 2.8 mi Public PRESCHOOL-5 1 4
      Ezra L. Nolan No. 40 Elementary School 2.9 mi Public 6-8 0 2
      Joseph School Of Tomorrow 3.0 mi Private PRESCHOOL-5 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: GreatSchools.org and Onboard Informatics 2014
      Local Weather for Jersey City, NJ
        Community information and market data Powered by Onboard Informatics. Copyright ©2014 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.