There were just 5 sales in downtown Jersey City this week.
There was a great deal on a two bedroom short sale at 220 3rd Street for $182/sq.ft. This was a short sale that took a long time to close. I can't tell you how many calls I received from buyers that wanted to see this unit. Taxes were a little high at just over 10K, but you can definitely appeal those.
Even with this low sale, 2 bedroom downtown sales still averaged $384/sq.ft.
Please click on the link below if you can't view the chart:
Information provided by:
Prudential Castle Point Realty
203 Washington Street
Hoboken, NJ 07030
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