A slow week for downtown Jersey City. Many buyers rush to closed in 2011 for tax purposes.
There was a very low 1BR sale at $429/sq.ft. at 88 Morgan. It was a short sale and unfortunately, prices have dropped so severely in the building that it will take many buyers years to recoup their investment.
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Prudential Castle Point Realty
203 Washington Street
Hoboken, NJ 07030
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