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Market Snapshot

Median listing price
$769K

The median listing price in Jersey City, NJ ZIP 07310 is $769,000 as of July 2026.

Median rent
$4,299/mo

The median market rent in Jersey City, NJ ZIP 07310 is $4,299/month as of July 2026.

Days on market
177 days

The median days on market in Jersey City, NJ ZIP 07310 is 177 days as of July 2026. The market is currently neutral.

Gross rental yield
6.71%

At a median list price of $769,000 and a median rent of $4,299/month, the gross rental yield in Jersey City, NJ ZIP 07310 is 6.71% as of July 2026.

STR vs LTR
$3,806/mo STR · $4,299/mo LTR

In Jersey City, NJ ZIP 07310, median Airbnb revenue is $3,806/month compared to median long-term rent of $4,299/month as of July 2026.

Jersey City, NJ 07310 Real Estate Market Report

ZIP Code: 07310

Report Date: July 2026

Market Temperature:
NEUTRAL

Scope: This ZIP code analysis focuses on single-family residential (SFR) properties. Metrics are calculated from recent sales and active listings within the past 90 days.


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.

Analysis Window
90 Days
Total Properties Analyzed
30
Active Listings
17
Sold Properties
13

Market Metrics

Median Listing Price
$769,000
Median Sold Price
$773,000
Median Price per Sqft
$794/sqft

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

Median Market Rent
$4,299

Property Taxes

Property Tax Rate
0.23%

Liquidity & Velocity

Median Days on Market
177
Sale-to-List Ratio
100.0%

Market Trends & Context

Understanding Market Temperature

A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.

Price YoY Trend
up
Market Temperature
neutral
Rent YoY Trend
up
Interest Rate Pressure
elevated

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in Jersey City, NJ, are averaging 6.49%, reflecting a market where rates have fluctuated significantly throughout 2026 after dipping below 6% earlier this year.

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.


Key Findings

  1. median sold price: $773,000 is the primary indicator of recent market value in 07310 and, combined with a median days on market: 177, suggests a market where transactions are completing but with moderate sales velocity rather than rapid turnover.
  2. median listing price: $769,000 is nearly aligned with the median sold price, indicating limited pricing gap between asking and achieved values and suggesting balanced seller expectations in the current market.
  3. median price per square foot: $794 and median market rent: $4,299 together point to sustained rent strength while sales prices reflect steady appreciation; with the price year-over-year trend reported as up, this supports continued demand for SFR and condo assets in the area.
  4. interest rate pressure: elevated (current 30-year fixed mortgage rates averaging 6.49%) represents a headwind for buyer purchasing power and may temper absorption despite the market temperature being reported as neutral; investors and buyers should factor in higher financing costs when underwriting acquisitions.

Notable Properties

The following 8 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.

Recent Transactions

1 Shore Ln Apt 619, Jersey City, NJ 07310
Top Sale

Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.

4 beds4 baths2,255 sqft
$1,548,000
Jun 1, 2026
$686/sqft
4477 days on market
75 Park Ln S Unit 1808, Jersey City, NJ 07310
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

- beds- baths883 sqft
$833,000
May 1, 2026
$943/sqft
700 Grove St # 917, Jersey City, NJ 07310
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

2 beds- baths1,211 sqft
$810,000
Apr 1, 2026
$669/sqft
20 Newport Pkwy Apt 2609, Jersey City, NJ 07310
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

1 beds1 baths780 sqft
$710,000
Jul 1, 2026
$910/sqft
72 days on market
700 Grove St # 912, Jersey City, NJ 07310
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

2 beds- baths1,310 sqft
$700,000
Apr 1, 2026
$534/sqft
20 Newport Pkwy Apt 2103, Jersey City, NJ 07310
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

1 beds1 baths840 sqft
$700,000
Jul 1, 2026
$833/sqft
266 days on market
45 River Dr S, Jersey City, NJ 07310
Market Benchmark

Sold at market average

3 beds2 baths568 sqft
$455,000
Jul 1, 2026
$801/sqft
1396 days on market
689 Luis Munoz Marin Blvd Apt 1004, Jersey City, NJ 07310
Value

Sold below market average

1 beds- baths827 sqft
$450,000
May 1, 2026
$544/sqft

Investment Analysis

Compare rental income potential against ownership costs and benchmark against market averages.

Rent vs Cost to Own

Monthly rental income vs estimated ownership cost

$19/mo
07310 Avg Rent
07310 Cost to Own
Rent$4,299
Own$4,280

20% down, 6.49% rate, 0.2% tax

Short-Term Rental

Avg nightly rate and occupancy for this ZIP

07310 Avg nightly rate
07310 Avg occupancy (days/year)
Nightly rate$334/night
Occupancy314 of 365 days

Data Sources

Real estate market data & public records, and GemHaus® proprietary models.

Report generated: 7/10/2026

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