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.
Please click on the link below if you can't view the chart:
Prudential Castle Point Realty
203 Washington Street
Hoboken, NJ 07030
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