There were seven sales in downtown Jersey City this week.
There were three 1BR sales at 77 Hudson this week for a very strong $651/sq.ft. It's a great building, but the prices seem a little high for this market.
On the 2BR front, there was a $453/sq.ft sale at 65 2nd Street (The Portofino).
There were two single family sales right on Jersey Avenue that were in contract in an average time of 57 days. Sale prices were strong, but still lower that what you'd pay in Hoboken.
Information Provided By:
Prudential Castle Point Realty
203 Washington Street
Hoboken, NJ 07030
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