Friday, March 25, 2011

Downtown Jersey City Fares Well This Week-Downtown Jersey City Sales Update-March 25, 2011

There were two 1BR sales in the Newport average that averaged over $550/sq.ft. this week. Further proof that prices are starting to firm up in the area.

There were three 1BR sales in the downtown area that averaged over $450/sq.ft. Very solid performance.

There was one 2BR sale in the Newport area at 700 Grove at $406/sq.ft.

2BR sales in the downtown area did well, with a short sales 389 York coming in at the bottom at $348/sq.ft.

There was only one 3BR sale at 108 Grand for $436/sq.ft.

Please click on the link below if you can't see the chart:

Information provided by:

Kevin Dowd
Broker Salesperson
Prudential Castle Point Realty
203 Washington Street
Hoboken, NJ 07030
Cell: 201-606-5957

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