The upcoming 2025 Jersey City mayoral race is catching a lot of attention in political prediction markets, especially over on Kalshi. Former New Jersey Governor Jim McGreevey’s decision to run has sparked a flurry of trading, with thousands of contracts changing hands every day.
Market sentiment keeps showing steady confidence in his chances. It’s wild how a local race can suddenly feel like national news when a big name jumps in.
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The Buzz Around McGreevey’s Candidacy
Kalshi’s data makes it clear—traders are dialed in on Jersey City. In just the last 24 hours, there were 22,316 trades on the McGreevey market, putting it among the busiest political events on the platform.
Since opening on March 27, 2025, the market has tallied 40,692 transactions. That’s a lot of curiosity and speculation for a single city’s election.
Right now, McGreevey sits at a 70% probability of winning, and the odds haven’t swung wildly. Traders seem confident, but you can tell they’re still leaving space for the unexpected.
Market Depth and Engagement
The open interest is sitting at 36,967 positions, which shows people are in this for the long haul. Liquidity is strong too—over 1.35 million contracts—so folks can jump in or out without much hassle.
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For context, only the Federal Reserve’s October 2025 rate decision saw more trades in the last day, with a staggering 770,000. Still, seeing a city mayoral race near the top of national interest? That says something about Jersey City’s unique spot in New Jersey politics.
Placing Jersey City in the Spotlight
All this prediction market action is putting Jersey City under a bigger spotlight than usual. National investors and political junkies are busy debating odds, but locals are more interested in how all this will shape the city’s future.
Why This Race Matters
The mayoral race goes way beyond just picking a name on the ballot. With McGreevey in the mix, the conversation shifts to leadership, policy, and how big personalities can shape a city’s growth. That kind of attention can even nudge tourism and how outsiders view the area.
Exploring Jersey City Beyond Politics
Of course, prediction markets are obsessed with numbers, but Jersey City’s got a whole lot more going on. If you’re planning a trip—election season or not—there’s plenty to check out.
- Wander through city districts for a mix of dining, art, and entertainment.
- Stay at top-rated Jersey City hotels to be close to downtown action.
- Enjoy waterfront views and outdoor fun along the Hudson River.
- Pop into local galleries, theaters, and seasonal events for a real taste of the city’s creative side.
Planning Your Visit
If you’re wondering where to stay in Jersey City, neighborhoods like Paulus Hook and Journal Square have solid options for both lodging and food. Whether you’re here for the political buzz or just want to soak up the local scene, you’ll find something that fits.
Getting Here and Making the Most of It
Getting to Jersey City is actually pretty easy—hop on the PATH train from Manhattan, take a ferry across the Hudson, or fly into Newark Liberty International Airport. Once you arrive, the city’s easy to get around, with a cool mix of historic charm and modern skyline.
Things to Do in Jersey City
Liberty State Park gives you those classic Statue of Liberty views. The city itself buzzes with lively markets and a nightlife scene that feels like it never really sleeps.
Need a break from following election updates? Try the food—it’s all over the place, in the best way. Street art pops up everywhere, and you can wander into boutique shops you didn’t even know you needed.
Jersey City’s got this wild mix of politics, culture, and everyday hustle. Whether you’re here for the political drama or just exploring, there’s always something a little unexpected around the corner.
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Here is the source article for this story: Markets bet on whether Jim McGreevey will win the election for Mayor of Jersey City in 2025
Getting Around Jersey City, NJ
Plan Your Stay in Jersey City, NJ
Things to Do in Jersey City, NJ
