New - 8 hours on Rocket
$8,609 Closing Credit¹
#250002707, Listing Office: CORCORAN SAWYER SMITH
Downtown Jersey City Housing Market Report January 2025•Hudson County, New Jersey
Housing Prices in Downtown Jersey City, NJ
How much do homes in Downtown Jersey City, NJ cost?
Housing Market Conditions
Is Downtown Jersey City, NJ a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Downtown Jersey City is a Seller's Market
Difference Since January 2024
Since last year, Downtown Jersey City has remained a Seller's Market.
Insight
Downtown Jersey City is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$830,250$783/SqFt
+$35,750
+4.5%
Based on all homes sold in the last 12 months
Insight
Homes in Downtown Jersey City have sold for 4.5% more than they did a year ago.
Summary: The median home sold price in Downtown Jersey City was $830,250 in January 2025, up 4.5% from last year, and the median price per square foot was $783.
Median Sold Price By City
| City | Jan 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| Harsimus | $958K | $1.0M | +7.3% |
| Downtown Jersey City | $794.5K | $830.2K | +4.5% |
| The Village | $880K | $889K | +1.0% |
| Van Vorst Park | $630K | $634.9K | +0.8% |
Median Sold Price By Bedrooms
| Beds | Jan 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $523.5K | $525.2K | 0.3% |
| 22 Bedrooms | $860K | $838K | -2.6% |
| 33 Bedrooms | $1.2M | $1.2M | +8.1% |
| 44 Bedrooms | $1.4M | $1.7M | +19.5% |
| 55+ Bedrooms | $1.6M | $1.9M | +24.2% |
Summary: Downtown Jersey City housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes increased by 0.3%. The home price for 2 bedroom homes decreased by -2.6%. The home price for 3 bedroom homes increased by +8.1%. The home price for 4 bedroom homes increased by +19.5%. The home price for 5 bedroom homes increased by +24.2%.
Housing supply in Downtown Jersey City, NJ
How many homes are available in Downtown Jersey City, NJ?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 133Last MonthJan 2025 | ||
| 1122 months agoDec 2024 | +18.8 % Change MoMDec – Jan |
Summary: The Downtown Jersey City real estate market had 133 homes for sale in Jan 2025, a 18.8 % increase compared to Dec 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 23Last MonthJan 2025 | ||
| 232 months agoDec 2024 | 0.0 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
| Beds | Dec 2024 | Jan 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 35 | 33 | -5.7% |
| 22 Bedrooms | 43 | 54 | +25.6% |
| 33 Bedrooms | 12 | 18 | +50.0% |
| 44 Bedrooms | 11 | 13 | +18.2% |
| 55+ Bedrooms | 11 | 15 | +36.4% |
Summary: Downtown Jersey City housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes decreased by -5.7%. The inventory for 2 bedroom homes increased by +25.6%. The inventory for 3 bedroom homes increased by +50.0%. The inventory for 4 bedroom homes increased by +18.2%. The inventory for 5 bedroom homes increased by +36.4%.
Asking Price vs. Sold Price
How much do homes in Downtown Jersey City, NJ cost?
Over Asking Price2 Homes
At Asking Price3 Homes
Under Asking Price16 Homes
Insight
If you're buying a home in Downtown Jersey City, you may be able to get a good deal. 76.2% of homes here sold below asking price last month.
Summary: A total of 23 homes were sold or pending in Downtown Jersey City in January 2025, the same as the previous month. Of the 21 sold homes, 76% were sold under asking, 14% were sold at asking, and and 10% were sold over asking.
Days on Market for Downtown Jersey City, NJ
How long does it take to sell a home in Downtown Jersey City, NJ?
Breakdown of Home Sale Times
Under 30 Days12 Homes
30 – 90 Days5 Homes
Over 90 Days5 Homes
Insight
Many homes in Downtown Jersey City are selling fast, if you're buying plan to act quickly.
Summary: During January 2025, 23 homes were sold in Downtown Jersey City; 52% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 53 DaysThis YearJan 2025 | ||
| 33 Days1 year agoJan 2024 | +63.2 % Change YoYJan 2024 – Jan 2025 |
Summary: Homes in Downtown Jersey City had an average listing age of 53 days in Jan 2025, up by 63.2% compared to the previous year.
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Newest Listings in Downtown Jersey City, NJ
What homes are available in Downtown Jersey City, NJ?
New - 9 hours on Rocket
$8,894 Closing Credit¹
#250002749, Listing Office: COMPASS NEW JERSEY, LLC
New - 1 day on Rocket
$9,914 Closing Credit¹
#250002641, Listing Office: COLDWELL BANKER REALTY
New - 4 days on Rocket
$10,000 Closing Credit¹
#250001544, Listing Office: CORCORAN SAWYER SMITH
New - 4 days on Rocket3D tour
$7,719 Closing Credit¹
#24050512, Jill Biggs, Listing Office: Coldwell Banker, Hoboken
New - 4 days on Rocket
$10,000 Closing Credit¹
#250002519, Listing Office: CORCORAN SAWYER SMITH
New - 5 days on Rocket
$9,975 Closing Credit¹
#250002500, Listing Office: EXP REALTY LLC
New - 5 days on Rocket
$10,000 Closing Credit¹
#250002477, Listing Office: EXP REALTY LLC
New - 5 days on Rocket
$10,000 Closing Credit¹
#250001889, Listing Office: CORCORAN SAWYER SMITH
New - 5 days on Rocket
$10,000 Closing Credit¹
#250002463, Listing Office: KELLER WILLIAMS CITY LIFE JC REALTY
New - 6 days on Rocket
$10,000 Closing Credit¹
#250002399, Listing Office: WEICHERT REALTORS
New - 6 days on Rocket
$10,000 Closing Credit¹
#250002388, Listing Office: COLDWELL BANKER REALTY
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MLS Disclaimers and Copyright
Based on information from Realty Multiple Listing System Inc., New Jersey MLS, and Garden State MLS for the period 02/01/2023 - 02/01/2025
The data relating to real estate for sale or rent on this web site comes in part from the IDX program of the HCMLS. Real estate listings held by brokerage firms other than this broker are marked with the HCIDX mark and the information about them includes the name of the listing broker. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright © 2025 Realty Multiple Listing System, Inc. Incorporated in 1952 (aka RMLS, Hudson County MLS). All rights reserved.Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/11/2025, 10:15:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Disclaimer: The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Rocket Homes Real Estate, LLC are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Information provided is for consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.
All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing Service, Inc. Copyright© 2025 New Jersey Multiple Listing Service, Inc. All rights reserved.
Rocket Homes Real Estate, 701 Griswold St, Suite 21, Detroit, MI 48226
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/11/2025, 10:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Information deemed reliable but not guaranteed. Copyright © 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved.
Disclaimer: The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as an IDX Listing. Information deemed reliable but not guaranteed.
Notice: The dissemination of listings displayed herein does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.
The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/11/2025, 10:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Disclaimer: The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as an IDX Listing. Information deemed reliable but not guaranteed.
Notice: The dissemination of listings displayed herein does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.
The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/11/2025, 10:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.