Friday, November 4, 2011

13 Sales This Week in Downtown Jersey City-Downtown Jersey City Sales Report-November 4, 2011

We had a good sales week in downtown Jersey City this week with a total of 13 sales.

1 bedroom sales in the Newport are averaged a strong $529/sq.ft. this week led by a $537/sq.ft. sale at 20 2nd Street (The Mandalay).

1 bedroom sales in the downtown area averaged a strong $412/sq.ft. led by a $451/sq.ft. sale at 100 Tidewater Street (Liberty Harbor). Expect good things from the Liberty Harbor area over the next several years. There are several large projects slated for development in this area.

2 bedroom sales in the downtown averaged $455/sq.ft. led by two sales at 78 Wayne Street (The Rosina) that hovered around the $500/sq.ft. range.

There were also three brownstone sales this week as well at prices that are comprable to Hoboken brownstone prices.

Please click on the link below if you can't view 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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