Jersey City, NJ 07310 Real Estate Market Report

Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Market Metrics

The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Rental Market

Property Taxes

Liquidity & Velocity

Market Trends & Context

Key Findings

1. $757,000 is the neighborhood's median sold price and serves as the primary market-value benchmark for recent transactions; with a median listing price of $729,000, current asking levels and realized sale prices suggest sellers are achieving outcomes at or above listing expectations, positive price momentum.
2. 319 median days on market signals slower sales velocity and extended time-to-contract compared with typical fast-moving markets, which may indicate pricing friction or higher buyer selectivity rather than immediate liquidity, slower sales velocity.
3. Inventory appears elevated relative to recent sales activity in the analyzed sample, which may create localized negotiation leverage for buyers despite the neighborhood-level appreciation signals; the broader market temperature is neutral, suggesting a generally balanced market rather than a one-sided advantage.
4. $4,315 median market rent and $763 median price per square foot combined with an upward rent trend and upward price trend reinforce sustained demand for SFR and condo products from a rental-income perspective; however, moderate interest rate pressure may constrain affordability for some buyer segments and temper near-term transaction growth.

Notable Properties

The following 6 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.