Jersey City Real Estate » Lead Story

Jersey City Real Estate, Downtown August Apartment Sales

admin — Tue, 07 Sep 2010 01:01:25 +0000

This is the Hudson County MLS (Hudson County Multiple Listing Service) list of Condo and Co-ops sold during the month of August 2010 in Downtown Jersey City.

August saw a total of 21 reported closings of condominiums and coops. There didn;t seem to be any bidding wars however one apartment did sell at the offer price . MLS listing #100008036 at 201 LUIS M MARIN Boulevard, the Zephyr Lofts, was listed at $325,000.00 and it sold at just that price. The per square foot price was $436.8 representing a 3.1% discount to the average price and was on the market for just 34 days- wel price is half sold!

The highest listings sold in August were both at the the Mandalay building 20, 2nd Street. Both units changed hands at $650 even though one MLS #90013789 was listed at $730K while the other MLS# 90013774 was initially priced at $715K. The first unit is also bigger at 1453 squares while the second unit is just 1173 squares. The more expensive unit is on the 18th floor and is in spectacular condition having been the model unit for the building, the other partment is on the 9th floor.

A quick run down shows us the following numbers:

1) Average Price $429, 566

2) Average discount to asking price 6.3%

3) Average size 1003 sq.ft

4) Average price per square foot $450.7

5) Average days on market 82.5

Click Here to receive daily e-mail updates of the newest properties listed anywhere in Hudson County

To receive details for any of the properties listed or any other property in Jersey’s Gold Coast and elsewhere in the Garden State please fill out the form at the bottom of this page.

For immediate attention please call me at (201) 562-6850

Cheers Chris

Note, All data is derived from sources believed to be reliable but there is no guarantee as to accuracy. All numbers and measurements are approximate.

Click Here To Get Your Complete Jersey City Real Estate Market Report

MLS #	City	Address	Asking Price	Sold Price	% Difference	Approx Sq Ft	Price/ Sq.FT.	Price/ Sq. Ft Vs Average	Taxes	Tax/ Sq.Ft	Monthly Maint	Bdrm	Baths	Half Baths	Days On Mkt
100007820	JC, Downtown	295 YORK St	$179,000.00	$170,000.00	-5.0%	400	425.0	-5.7%	2100	5.3	201	0	1	0	6
100000590	JC, Downtown	135 MONTGOMERY	$185,000.00	$177,500.00	-4.1%						1100	1	1	0	165
100005905	JC, Downtown	135 MONTGOMERY	$272,000.00	$267,500.00	-1.7%	720	371.5	-17.6%		0.0	1086	2	1	0	55
100008362	JC, Downtown	227 BAY ST	$299,900.00	$275,000.00	-8.3%	900	305.6	-32.2%	3211	3.6	225	2	2	0	38
100004190	JC, Downtown	132 SUSSEX ST	$295,000.00	$275,000.00	-6.8%	535	514.0	14.0%	2568	4.8	150	1	1	0	63
100004532	JC, Downtown	344 PAVONIA AVE	$325,000.00	$289,900.00	-10.8%	600	483.2	7.2%	2161	3.6	204	1	1	0	86
100008036	JC, Downtown	201 LUIS M MARIN	$325,000.00	$325,000.00	0.0%	744	436.8	-3.1%	6400	8.6	350	1	1	0	34
100003468	JC, Downtown	20 2ND ST	$485,000.00	$340,000.00	-29.9%						0	2	2	0	4
100006896	JC, Downtown	61 WAYNE ST	$380,000.00	$380,000.00	0.0%	1000	380.0	-15.7%	7885	7.9	224	2	1	0	23
90014921	JC, Downtown	253 WASHINGTON	$399,900.00	$385,000.00	-3.7%	804	478.9	6.2%		0.0	188	1	1	0	185
100005501	JC, Downtown	201 LUIS M MARIN	$399,900.00	$390,000.00	-2.5%	780	500.0	10.9%	6900	8.8	369	1	1	0	53
100009569	JC, Downtown	20 2ND ST	$405,000.00	$403,000.00	-0.5%	725	555.9	23.3%	6100	8.4	410	1	1	0	6
100001608	JC, Downtown	1 GREENE ST	$469,000.00	$450,000.00	-4.1%	1488	302.4	-32.9%	11845	8.0	1060	2	2	0	166
90010102	JC, Downtown	61 GRAND ST	$559,000.00	$525,000.00	-6.1%	1100	477.3	5.9%	7800	7.1	320	2	2	0	299
100008618	JC, Downtown	99 MONTGOMERY	$599,900.00	$560,000.00	-6.7%	1395	401.4	-10.9%	6392	4.6	269	2	2	0	12
100007292	JC, Downtown	15 WARREN ST	$680,000.00	$610,000.00	-10.3%	1500	406.7	-9.8%	7000	4.7	1019	3	2	0	0
100004812	JC, Downtown	389 WASHINGTON	$629,000.00	$610,000.00	-3.0%	1168	522.3	15.9%	10477	9.0	658	2	2	0	107
100006251	JC, Downtown	126 DUDLEY ST	$649,900.00	$643,000.00	-1.1%	1275	504.3	11.9%	10587	8.3	635	2	2	0	41
100003618	JC, Downtown	20 NEWPORT PKWY	$698,000.00	$645,000.00	-7.6%	1300	496.2	10.1%	10400	8.0	679	2	2	0	42
90013789	JC, Downtown	20 2ND ST	$730,000.00	$650,000.00	-11.0%	1453	447.4	-0.7%	10800	7.4	830	3	2	0	116
90013774	JC, Downtown	20 2ND ST	$715,000.00	$650,000.00	-9.1%	1173	554.1	22.9%	11000	9.4	665	2	2	0	231

		Averages		$429,566	6.3%	1003.1	450.7		$7,272	6.2					82.5

We check the Hudson County MLS (Multiple Listing Service) for the newest real estate listings in Bayonne, Jersey City including Downtown Jersey City, Jersey City Journal Square, Jersey city Heights, Jersey City Grenville, Jersey city Bergen Lafayette, Jersey City West West, Hoboken, Union City,
Weehawken, West New York, Guttenberg, Fairview, Cliffside Park, Edgewater and Fort Lee.
We Do Not Tolerate Discrimination of Any Kind, Period.

Downtown Jersey City, Last Week’s Price Changes

admin — Mon, 23 Aug 2010 01:01:24 +0000

This is the Hudson County MLS (Hudson County Multiple Listing Service) list of Rentals, Condo and Co-ops, Houses and Businesses that reported a change in the listing price for the past week . Call me for full details on any of the listings.

Click Here to receive daily e-mail updates of the newest properties listed anywhere in Hudson County

To receive details for any of the properties listed or any other property in Jersey’s Gold Coast and elsewhere in the Garden State please fill out the form at the bottom of this page.

For immediate attention please call me at (201) 562-6850

Cheers Chris

Note, All data is derived from sources believed to be reliable but there is no guarantee as to accuracy. All numbers and measurements are approximate.

MLS #	City	Address	Type	Asking Price	Approx Sq Ft	Unit Number	Bdrms	Days On Market
100008363	JC, Downtown	201 LUIS M MARIN BLVD	Condo	$359,000.00	751	307	1	58
100010408	JC, Downtown	45 RIVER DR SOUTH	Condo	$485,000.00	1016	1005	2	11
100008007	JC, Downtown	283 4TH ST	Condo	$599,000.00	1638	1	3	67
100006613	JC, Downtown	126 DUDLEY ST	Condo	$599,000.00	1222	106	2	96
100007987	JC, Downtown	50 WAYNE ST	Condo	$617,500.00	1756	2	2	68
100010676	JC, Downtown	20 2ND ST	Condo	$649,000.00	1173	1008	2	4
100005445	JC, Downtown	389 WASHINGTON	Condo	$679,000.00	0	21-A	2	118
100004605	JC, Downtown	149 ESSEX ST	Condo	$719,000.00	1718	5A	3	137
100008021	JC, Downtown	389 WASHINGTON ST	Condo	$825,000.00	0	24E	2	66
100007662	JC, Downtown	333 8TH ST	1 Family	$760,000.00	0		4	74
100006729	JC, Downtown	182A CHRIST COL DR	3 Family	$779,000.00	0			96
100004168	JC, Downtown	283 4TH ST	3 Family	$999,000.00	0			145
100008238	JC, Downtown	322 8TH ST	2 Family	$1,525,000.00	0			62
100010367	JC, Downtown	168 COLES ST	Rental	$1,525.00	600	3C	1	12
100010409	JC, Downtown	348 PAVONIA AVE	Rental	$1,600.00	0	2	1	11
100010507	JC, Downtown	88 MORGAN ST	Rental	$2,250.00	0	1001	1	10
100009199	JC, Downtown	6 HAMPTON CT TERR	Rental	$2,595.00	1500	2	3	38
100010036	JC, Downtown	20 2ND ST	Rental	$3,500.00	1456	309	3	20
100007328	JC, Downtown	15 WARREN ST	Rental	$3,995.00	1200	317	2	80

We check the Hudson County MLS (Multiple Listing Service) for the newest real estate listings in Bayonne, Jersey City including Downtown Jersey City, Jersey City Journal Square, Jersey city Heights, Jersey City Grenville, Jersey city Bergen Lafayette, Jersey City West West, Hoboken, Union City,Weehawken, West New York, Guttenberg, Fairview, Cliffside Park, Edgewater and Fort Lee.We Do Not Tolerate Discrimination of Any Kind, Period.

Case Shiller, May Looked Better Than Expected

admin — Tue, 27 Jul 2010 13:19:57 +0000

Home prices up 4.61% Vs expected 3.85%

	AZ-Phoenix	Los Angeles	DC-Washington	Miami	Chicago	Detroit	NY-New York	TX-Dallas	Composite-10	Composite 20
YEAR	PHXR-SA	LXXR-SA	WDXR-SA	MIXR-SA	CHXR-SA	DEXR-SA
May 2010	112.46	176.06	182.61	147.44	123.46	69.07	171.71	119.61	160.31	147.33
April 2010	112.42	174.72	181.6	147.05	123.1	69.51	170.71	119.27	159.56	146.64
March 2010	111.72	173.59	178.75	147.25	121.99	68.72	170.66	118.39	158.77	145.75
February 2010	111.83	174.05	179.47	147.24	124.71	71.36	170.95	118.14	158.72	146.04
January 2010	112.21	173.94	179.09	147.58	125.97	72.05	171.22	119.66	158.62	146.21
December 2009	111.63	170.81	179.3	147.68	126.39	71.98	171.5	119.91	158	145.76
November 2009	110.32	168.69	178.34	147.8	127.65	71.71	171.82	119.75	157.3	145.16
October 2009	108.71	166.48	178.26	148.17	128.45	71.92	173.11	118.64	156.86	144.72
September 2009	107.67	165.39	178.02	149.04	129.86	71.1	173.79	118.66	156.77	144.65
August 2009	106.86	164.39	176.76	148.31	128.49	70.51	174.45	118.95	156.55	144.53
July 2009	106.03	162.61	174.66	147.4	127.43	69.9	173.68	119.11	154.7	143.02
June 2009	105.15	160.84	172.36	146.55	125.38	70.28	172.59	118.29	153.19	141.78
May 2009	104.87	160.36	169.91	145.63	125.26	70.85	172.38	116.23	152.04	140.81
April 2009	106.6	161.98	169.2	147.64	124.96	71.58	172.26	115.37	152.41	141.14
March 2009	109.01	163.65	169.03	149.79	124.73	71.94	174.87	114.82	153.84	142.31
February 2009	113.65	165.25	170.78	153.96	128.42	75.33	178.21	114.96	156.4	145.01
January 2009	117.61	167.52	173.62	158.25	131.66	77.7	180.74	114.76	158.72	147.25
December 2008	123.07	170.92	176.06	163.97	136.3	80.29	182.99	116.39	161.95	150.42
November 2008	128.71	174.84	179.48	168.25	139.63	82.64	185.6	118.07	164.9	153.47
October 2008	132.85	177.77	183.07	172.39	143.1	85.02	188.33	119.38	167.81	156.27
September 2008	137.85	181.74	187.3	178.04	145.49	88.22	190.63	120.12	171.28	159.57
August 2008	142.85	186.73	191.24	182.88	147.31	91.15	192.8	120.54	175.09	162.95
July 2008	148.24	190.97	193.46	187.03	148.62	92.8	193.5	121.11	177.3	164.93
June 2008	153.73	195.55	196.59	191.27	150.57	93.67	195.05	121.11	180.31	167.54
May 2008	159.15	199.82	199.66	194.41	151.64	93.74	195.47	121.38	182.45	169.48
April 2008	164.36	205.44	203.41	202.6	153.26	95.72	196.31	121.49	185.51	172.05
March 2008	170	210.52	206.9	210.14	152.76	96.75	197.8	121.44	188.81	174.76
February 2008	175.2	217.57	211.17	218.42	155.38	98.59	198.68	120.4	192.67	178.14
January 2008	180.88	225.86	215.28	224.56	157.27	100.47	200.27	120.59	197.09	181.83

June New Home Sales Beat Expectations.

admin — Mon, 26 Jul 2010 14:28:04 +0000

June sales of new-homes beat expectations with esingel family homes posting an 11% increase over May’s numbers. Commerce Department estimated new-home sales to a seasonally adjusted annual rate

Post Source : June New Home Sales Beat Expectations. from Reintell- New Jersey real estate, Jersey City real estate , Hoboken real estate,

Jersey City Downtown Apartment Sales, May 2010

admin — Fri, 11 Jun 2010 02:00:17 +0000

This is the Hudson County MLS (Hudson County Multiple Listing Service) list of Condo and Co-ops sold during the month of My Downtown Jersey City.

A quick run down shows us the following numbers:

1) Average Price $418,730

2) Average discount to asking price 6.7%

3) Average size 1030 sq.ft

4) Average price per square foot $401.22

5) Average days on market 75

Click Here to receive daily e-mail updates of the newest properties listed anywhere in Hudson County

To receive details for any of the properties listed or any other property in Jersey’s Gold Coast and elsewhere in the Garden State please fill out the form at the bottom of this page.

For immediate attention please call me at (201) 562-6850

Cheers Chris

Note, All data is derived from sources believed to be reliable but there is no guarantee as to accuracy. All numbers and measurements are approximate.

MLS #	City	Address	Asking Price	Sold Price	% Difference	Approx Sq Ft	Price/ Sq.FT.	Taxes	Tax/ Sq.Ft	Monthly Maint	Bdrm	Baths	Half Baths	Days On Mkt
100004009	Downtown	479 MONMOUTH ST	$199,999.00	$180,000.00	-10.0%	522	344.8	3505	6.7	210	1	1	0	29
100001302	Downtown	1 GREENE ST	$219,900.00	$215,331.00	-2.1%	640	336.5	5761	9.0	550	0	1	0	86
100000778	Downtown	347 VARICK ST	$239,999.00	$220,000.00	-8.3%	645	341.1	4452	6.9	368	0	1	0	65
100002176	Downtown	106 GRAND ST	$240,000.00	$240,000.00	0.0%	700	342.9	8800	12.6	194	1	1	0	13
100003569	Downtown	300 2ND ST	$249,000.00	$242,000.00	-2.8%	565	428.3	0	0.0	283	1	1	0	43
100000768	Downtown	227 CHRIS.COL.	$265,000.00	$250,500.00	-5.5%	639	392.0	4410	6.9	362	1	1	0	83
100001013	Downtown	122 BRIGHT ST	$289,900.00	$274,500.00	-5.3%	540	508.3	4140	7.7	240	1	1	0	44
100001990	Downtown	689 LUIS M MARIN	$285,000.00	$278,000.00	-2.5%	884	314.5	0	0.0	556	1	1	0	34
90013188	Downtown	280 LUIS M MARIN	$399,000.00	$300,000.00	-24.8%	1100	272.7	0	0.0	923	2	2	0	61
100000723	Downtown	389 WASHINGTON	$319,500.00	$307,500.00	-3.8%	566	543.3	6740	11.9	319	1	1	0	72
90012326	Downtown	131 BRUNSWICK ST	$260,000.00	$325,000.00	25.0%	1800	180.6	9438	5.2	350	3	2	0	1
100002058	Downtown	245 8TH ST	$325,000.00	$335,000.00	3.1%	752	445.5	3919	5.2	266	2	2	0	41
100001255	Downtown	20 2ND ST	$379,000.00	$360,000.00	-5.0%	750	480.0	5460	7.3	377	1	1	0	82
100002600	Downtown	205 10TH ST	$385,000.00	$375,000.00	-2.6%	1150	326.1	7499	6.5	715	2	2	0	40
90015367	Downtown	187 WAYNE ST	$375,000.00	$375,000.00	0.0%	1004	373.5	6852	6.8	574	2	1	1	104
90010029	Downtown	60 ERIE ST	$389,000.00	$377,500.00	-3.0%	1056	357.5	0	0.0	432	2	1	0	228
100003114	Downtown	65 2ND ST	$419,000.00	$400,000.00	-4.5%	918	435.7	7900	8.6	590	1	1	1	40
100001048	Downtown	60 ERIE ST	$459,000.00	$405,000.00	-11.8%	1172	345.6	0	0.0	479	3	2	0	88
100001311	Downtown	1 GREENE ST	$429,000.00	$412,500.00	-3.8%	1000	412.5	7237	7.2	603	1	1	0	53
90008080	Downtown	53 WAYNE ST	$429,000.00	$429,000.00	0.0%	0		0		0	2	1	0	267
100002773	Downtown	143 MORGAN ST	$475,000.00	$450,000.00	-5.3%	1090	412.8	9300	8.5	371	2	2	0	0
90013110	Downtown	143 MORGAN ST	$489,900.00	$467,500.00	-4.6%	1135	411.9	8311	7.3	399	2	2	0	140
100004034	Downtown	384 MONMOUTH	$499,000.00	$470,000.00	-5.8%	1550	303.2	5149	3.3	350	2	2	0	36
100004275	Downtown	205 10TH ST	$529,000.00	$510,000.00	-3.6%	1650	309.1	7921	4.8	518	2	2	0	22
90008494	Downtown	25 HUDSON ST	$450,000.00	$530,000.00	17.8%	1168	453.8	14440	12.4	665	1	1	1	145
100004600	Downtown	45 RIVER DR S	$599,000.00	$540,000.00	-9.8%	1377	392.2	3972	2.9	698	3	2	0	0
100002369	Downtown	311 WASHINGTON	$549,000.00	$540,000.00	-1.6%	1200	450.0	6595	5.5	492	2	2	0	31
90009418	Downtown	20 2ND ST	$645,000.00	$550,000.00	-14.7%	1173	468.9	10000	8.5	635	2	2	0	246
100001118	Downtown	311 WASHINGTON	$549,900.00	$560,555.00	1.9%	1371	408.9	7531	5.5	563	2	2	0	104
90012860	Downtown	88 MORGAN ST	$579,000.00	$565,000.00	-2.4%	1147	492.6	0	0.0	819	2	2	0	152
100003434	Downtown	126 DUDLEY ST	$619,000.00	$595,000.00	-3.9%	1189	500.4	10500	8.8	607	2	2	0	15
100001954	Downtown	232 MONTGOMERY	$599,000.00	$605,000.00	1.0%	1550	390.3	8161	5.3	401	3	2	0	17
100001394	Downtown	201 LUIS M MARIN	$599,900.00	$605,000.00	0.9%	1206	501.7	9885	8.2	563	2	2	0	66
100002605	Downtown	126 DUDLEY ST	$695,000.00	$643,000.00	-7.5%	1300	494.6	11500	8.8	635	2	2	0	14
90012643	Downtown	1 SHORE LANE	$785,000.00	$722,690.00	-7.9%	1545	467.8	13267	8.6	805	3	2	0	182

Click Here To Get Your Complete Jersey City Real Estate Market Report

Construction Spending Up

admin — Tue, 01 Jun 2010 19:23:57 +0000

April construction spending numbers , published by the U.S. Census Bureau of the Department of Commerce, was estimated at a seasonally adjusted annual rate of $869.1 billion which is a 2.7 percent i

Post Source : Construction Spending Up from Reintell- New Jersey real estate, Jersey City real estate , Hoboken real estate,

Jersey City Real Estate, Last Week’s Price Reductions

admin — Tue, 25 May 2010 02:26:50 +0000

This is the Hudson County MLS (Hudson County Multiple Listing Service) Downtown Jersey City list of Rentals, Condo and Co-ops, Houses and Businesses that reported a change in the listing price. Call me for full details on any of the listings.

To arrange for a viewing of any of the properties listed or any other property in Jersey’s Gold Coast and elsewhere in the Garden State please fill out the form at the bottom of this page.

For immediate attention please call me at (201) 562-6850

Cheers Chris

Note, All data is derived from sources believed to be reliable but there is no guarantee as to accuracy. All numbers and measurements are approximate.

To view additional details,,pics, maps -another words the whole nine yards-on any of the properties listed below just type or copy and paste the MLS# in the search box.

Some of the listings might be too new to have been picked up by the IDX system. In that case contact me and I’ll be very happy to send you the details.

MLS #	City	Address	Type	Asking Price	Approx Sq Ft	Unit Number
100004183	Downtown	109 ERIE ST	Condominium	$275,000	800	1L
100004516	Downtown	65 2ND ST	Condominium	$350,000	771	402
100003748	Downtown	413 MONMOUTH ST	Condominium	$374,000	680	2
100002326	Downtown	242 BARROW ST	Condominium	$399,999	815	1B
100005269	Downtown	264 9TH ST	Condominium	$409,000	984	3-O
100006480	Downtown	186 WAYNE ST	Condominium	$414,999	1048	424D
100006461	Downtown	186 WAYNE ST	Condominium	$414,999	1048	424D
90015002	Downtown	232 PAVONIA AVE	Condominium	$430,000	993	310
100002526	Downtown	340 PAVONIA AVE	Condominium	$434,900	1500	1R
90001247	Downtown	149 ESSEX ST	Condominium	$455,000	1000	3Q
90015362	Downtown	45 RIVER DR SOUTH	Condominium	$555,000	1150	2810
100003896	Downtown	102 CHRIST. COL.	Condominium	$569,000	1189	710
100003036	Downtown	700 GROVE ST	Condominium	$572,995	1373	12A
100000800	Downtown	201 LUIS MARIN	Condominium	$575,000	1250	808
90015003	Downtown	25 MC WILLIAMS	Condominium	$599,000	1279	507
90011863	Downtown	140 BAY ST	Condominium	$649,000	1585	PH7L
100001684	Downtown	167 WAYNE ST	Condominium	$674,999	1420	401T
100005615	Downtown	20 NEWPORT PWAY	Condominium	$695,000	1335	1012
100005987	Downtown	249 2ND ST	One Family	$449,000	0
90011273	Downtown	655 JERSEY AVE	3 Family	$715,000	0
100005262	Downtown	313 4TH ST	2 Family	$719,000	0

We Do Not Tolerate Discrimination of Any Kind, Period.

We check the Hudson County MLS (Multiple Listing Service) for the newest real estate listings in Bayonne, Jersey City including Downtown Jersey City, Jersey City Journal Square, Jersey city Heights, Jersey City Grenville, Jersey city Bergen Lafayette, Jersey City West Bergen, Hoboken, Union City,
Weehawken, West New York, Guttenberg, Fairview, Cliffside Park, Edgewater and Fort Lee.

Downtown Jersey City Condominiums, Last Week’s Sales

admin — Wed, 19 May 2010 17:54:38 +0000

This is the Hudson County MLS (Hudson County Multiple Listing Service) list of Condo and Co-ops sold during the week of 5/14/10 in Downtown Jersey City.

A quick run down shows us the following numbers:

1) Average Price $444, 743

2) Average discount to asking price 6.7%

3) Average size 1078 sq.ft

4) Average price per square foot $417.2

5) Average days on market 74.4

Click Here to receive daily e-mail updates of the newest properties listed anywhere in Hudson County

To receive details for any of the properties listed or any other property in Jersey’s Gold Coast and elsewhere in the Garden State please fill out the form at the bottom of this page.

For immediate attention please call me at (201) 562-6850

Cheers Chris

Note, All data is derived from sources believed to be reliable but there is no guarantee as to accuracy. All numbers and measurements are approximate.

MLS #	City	Address	Asking Price	Sold Price	% Difference	Approx Sq Ft	Price/ Sq.FT.	Price/ Sq. Ft Vs Average	Taxes	Tax/ Sq.Ft	Monthly Maint	Bdrm	Baths	Half Baths	Days On Mkt
100002176	JC Downtown	106 GRAND ST	$240,000	$240,000	0.0%	700	342.9	-17.8%	8800	12.6	194	1	1	0	13
90013188	JC, Downtown	280 LUIS MARIN	$399,000	$300,000	-24.8%	1100	272.7	-37.7%	0	0.0	923	2	2	0	61
100000723	JC, Downtown	389 WASHINGTON	$319,500	$307,500	-3.8%	566	543.3	24.1%	6740	11.9	319	1	1	0	72
100001255	JC, Downtown	20 2ND ST	$379,000	$360,000	-5.0%	750	480.0	9.7%	5460	7.3	377	1	1	0	82
100001048	JC, Downtown	60 ERIE ST	$459,000	$405,000	-11.8%	1172	345.6	-21.1%	0	0.0	479	3	2	0	88
90013110	JC, Downtown	143 MORGAN ST	$489,900	$467,500	-4.6%	1135	411.9	-5.9%	8311	7.3	399	2	2	0	140
100003434	JC, Downtown	126 DUDLEY ST	$619,000	$595,000	-3.9%	1189	500.4	14.3%	10500	8.8	607	2	2	0	15
100001954	JC, Downtown	232 MONTGOMERY	$599,000	$605,000	1.0%	1550	390.3	-10.8%	8161	5.3	401	3	2	0	17
90012643	JC, Downtown	1 SHORE LANE	$785,000	$722,690	-7.9%	1545	467.8	6.9%	13267	8.6	805	3	2	0	182

Click Here To Get Your Complete Jersey City Real Estate Market Report

Baby Boomers Déjà vu?

admin — Sat, 15 May 2010 17:14:52 +0000

Baby Boomers Déjà vu

Citing favorable demographic trends, FHA commissioner David Stevens, predicted that the we’ll have the strongest real estate market yet.

According to Realtor Magazine the current demographics rival and even surpass the post WWII baby boom, “Young households today represent a demographic block larger than even the baby boomers, and their entry into the housing market promises to help build” “an incredible real estate market in the future,””

Read article here

Is The Real Estate Market Poised For Recovery?

admin — Sat, 15 May 2010 16:44:15 +0000

Realtor magazine attempts to answer the question that may hold the key to our economic recovery ” When will the housing market rebound?”
Lawrence Yun the National Association of Realtors, NAR, proves a straight forward answer “By the end of this year, practitioners should see 5.4 million existing-home sales and home price growth of up to 3 percent”

Yun’s prediction is predicated on his expectations that the national economy” , which is on track to expand by 3.1 percent this year after shrinking 2.5 percent last year”

Realtor magazine also warns that “The crisis in Greece could also be a preview of what the United States will face if it doesn’t turn its attention to deficit reduction.”

Read the entire article here