Jersey City’s real estate market keeps turning heads with eye-catching property sales. The week of October 20–26 saw ten residential properties change hands, and one standout condo sale hit $1.1 million.
This batch of transactions really shows how buyers are putting serious money into both historic buildings and new developments. Prime city locations? People are all in.
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The Week’s Top Sale: Luxury Living in Downtown Jersey City
The week’s biggest sale was a 1,395-square-foot condo at 310 Third Street, closing at $1.05 million. That’s $753 per square foot—a pretty strong sign that downtown demand isn’t slowing down.
This place comes with premium finishes and sits right near cultural spots, transit, and a bunch of good food. It’s not hard to see the appeal if you ask me.
Other High-End Sales Reflecting Market Strength
Sure, the top sale got the spotlight, but other deals highlight Jersey City’s range:
- 93 Laidlaw Ave. – Sold for $889,000, with 2,012 square feet at $442 per square foot.
- 155 Bay Street UNIT2302 – Closed at $886,000 for a 725-square-foot condo, hitting a wild $1,222 per square foot.
- 155 Bay Street UNIT2309 – Sold for $625,000, or $1,134 per square foot. Clearly, buyers like what this building offers.
Size and price per square foot can swing a lot depending on location, amenities, and the building’s reputation.
New Developments Making Waves
Brand-new properties got plenty of attention this week. 106 Grace Street APT2 sold for $820,000, and 221 Liberty Ave. #1 went for $840,000.
Both popped up in 2024, adding more modern, energy-efficient homes to the city. Buyers seem to love fresh design and the latest features.
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Historic Homes Still in Demand
Even with all the modern condos, historic spots aren’t fading out. Take the 1890-built condo at 88 Terrace Ave. #1—it sold for $700,000.
That old-school charm and unique details still pull in plenty of buyers, no question.
The Market’s Overall Performance
Looking at all ten sales, the average price landed at $740,500. The average cost per square foot was $568.
Honestly, it’s not just one type of home moving—Jersey City’s got something for everyone, whether you want a shiny high-rise or a classic brownstone.
Diversified Real Estate Market
The market covers a lot of ground. The single-family home at 201 Marin Blvd. APT1403 sold for $725,000.
Meanwhile, waterfront living is still a draw—like the 1,230-square-foot condo at 4 Constellation Place #4012X that went for $535,000. There’s really a mix of options out there.
What This Means for Buyers and Investors
Thinking about where to settle in Jersey City or eyeing an investment? The latest numbers look promising.
Demand is steady, even when prices climb, and that’s good news for both locals and newcomers. Whether you’re into modern spaces or historic gems, there’s still room to find your fit.
Jersey City’s Broader Appeal
It’s not just about the homes, though. Jersey City’s got a vibe—waterfront parks, museums, and neighborhoods packed with great food.
If you’re moving here, it’s easy to see why so many folks fall for the city’s energy and variety.
Final Thoughts
The market’s holding steady. If you keep an eye on property trends, you’ll make better choices—whether you’re buying or selling.
Thinking about checking out the city before you commit? Jersey City has a solid lineup of Jersey City hotels to consider.
You’ll also find plenty of detailed guides on getting to Jersey City and wandering through the neighborhoods. Prices aren’t dipping much, no matter the property type.
Jersey City’s real estate scene just keeps buzzing. Honestly, I don’t see that changing anytime soon.
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Here is the source article for this story: 10 most expensive homes sold in the Jersey City area, Oct. 20-26