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Jersey City, NJ

Known as "America’s Golden Door," the bustling metropolis of Jersey City, New Jersey, sits in the shadow of both Ellis Island and the Statue of Liberty. The population of Jersey City is 264,152, making it the second most populous city in the state.

In the 19th and mid-20th centuries, Jersey City was an industrial powerhouse with a thriving railroad and manufacturing economy. In the late 1960s, much of the manufacturing base had collapsed, and Jersey City was forced to reinvent itself. The 1980s saw a major redevelopment of the Jersey City waterfront, which created one of the largest financial centers in the nation, giving it the nickname "Wall Street West." Besides the financial sector, Jersey City plays a significant role in shipping/distribution, wholesale and retail for the Port of New York and New Jersey.

There are so many things to do in this historic city. Jersey City is known for its excellent selection of restaurants, cafes, entertainment and cultural venues. Head over to Liberty State Park and enjoy the unparalleled views of the Manhattan skyline, Brooklyn, Ellis Island and the Statue of Liberty. Play a round of golf or take a leisurely stroll through Lincoln Park. For a fun night out, experience fine dining at one of the amazing waterfront restaurants, or head to a bar or cantina in Hoboken.

As real estate prices skyrocket in New York City, many are choosing to relocate to Jersey City and commute to NYC. The median home value for residential real estate in Jersey City is $439,500, but values can vary greatly depending on the area.

Jersey City certainly has no shortage of great neighborhoods. The Downtown Jersey City neighborhood — popular with singles — is a bustling area with countless restaurants and shopping options. Hamilton Park, a great neighborhood for both singles and families, draws those who love older homes and classic architectural. Parks, tennis courts and plenty of restaurants keep residents here quite happy. The Powerhouse Arts District features warehouse conversions, with shopping and restaurants that cater to a young professional crowd.

If you are looking for an affordable, diverse city close to the Big Apple, with all the amenities you could ask for, take a look at Jersey City.

Real Estate

Homes on Market

306

Median List Price

$419,500

Median List Price per sqft

$502

Homes with Negative Equity

19.52%
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