Jersey City Real Estate Weekly Sales Update

Jersey City Real Estate Weekly Sales Update
Week of June 27th - July 4th 2010

What's hot in JC

Condominium Sales:
There were 15 sales for this week. From the lowest sale, a 640 sq foot one bedroom plus den on 8th street asking $220,000 after being listed with multiple brokers and several price reductions later, sold for 10k ABOVE asking price - for $230,000. The highest sale, a two bedroom two bath 1335 sq feet with an asking price of $799,000 sold for $730,000 at the Shore Club.

Median list price was $399,000 median sold price was $375,000. Median days on market 87 days.

Pending Sales: 6 new contracts were written by real estate agents this week. The lowest price a 671 sq foot one bedroom on 4th street with an asking price of $225,000 and the highest asking price, a 2255 sq foot four bedroom four bath with private terrace and an asking price of $999,000 at The Shore Club.



Single Family Brownstones:
Sales: There were no sales for this week.


Pending Sales: One single family is under contract. 333 10th street, a townhouse style 3 bedroom two and a half bath with huge garage and an asking price of $500,000 after being reduced multiple times from $599,000 is waiting to close.


Information supplied by the Hudson County MLS, deemed reliable but not guaranteed