Friday, November 13, 2009

Downtown Jersey City Sales Update 11/13/09

Information provided by:

Kevin Dowd
Prudential Castle Point Realty
203 Washington Street
Hoboken, NJ 07030

There were several well priced units that sold this week in downtown Jersey City. 229 Brunswick was an absolute steal at $192,000 ($315/sq. ft.) as was 291 4th Street at $565,000 ($353 sq. ft.) It is typical that non-highrise buildings in downtown Jersey City do sell at lower than the city average due to the fact that many of these properties are further away from the PATH. If you like brownstone style living or prefer to live in a smaller building (less than 4 units ) these condos are a great buy.

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