Friday, March 4, 2011
Downtown Jersey City Sales Flatline This Week-March 4, 2011
There were only 3 sales in the downtown area this week.
There was a 1BR that sold at 15 Warren (Pier House) for $423/sq.ft. This unit sold last for over $562/sq.ft. in 2005.
There was a 2BR at 50 Wayne that sold for a low $313/sq.ft. I believe this building was having some financial bankruptcy issues over the last 18 months. I've seen these units...that was a good deal.
There was also a 3BR all the back on Brunswick & Colgate that sold for $291/sq.ft. Large unit, but not for those that need to walk to the PATH.
Please click on the link below if you can't see the chart:
Information provided by:
Prudential Castle Point Realty
203 Washington Street
Hoboken, NJ 07030
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