Explore Jersey City, NJ - Market Insights, Demographics, Crime, Trends & Hotspots

Pulse Score
C+
Cap Rate
0.23%
Investor Friendly Score
44.00%
Median Price
$744,500

Market Insights

The Jersey City housing market is showing balanced conditions with stable prices and moderate inventory levels. The median home price in Jersey City currently stands at $744,500. With 3.3 months of supply, Jersey City's inventory levels remain relatively tight. Homes are taking about 48 days to sell, which is -5 days longer than this time last year. Only 9.6% of listings saw price reductions, suggesting sellers are confident in their pricing. Approximately 30.1% of homes sold above list price, indicating some competitive segments within the market. Affordability remains a significant challenge in the Jersey City market with the affordability index at 14.3. Based on current market indicators, home prices in Jersey City are projected to decrease by approximately 7.9% over the next month.

Demographics market for - Jersey City, NJ

Total Population -

288,643

White Population

30.59%

Black Population

21.06%

Mexican6.13% (1.43% of total population)
Puerto Rican34.95% (8.16% of total population)
Cuban2.88% (0.67% of total population)
Dominican25.06% (5.85% of total population)
Salvadoran3.29% (0.77% of total population)
Costa Rican0.66% (0.15% of total population)
Gautemalan2.97% (0.69% of total population)
Honduran5.01% (1.17% of total population)
Nicaraguan0.45% (0.11% of total population)
Panamanian0.78% (0.18% of total population)
Argentinean1.48% (0.35% of total population)
Bolivian0.34% (0.08% of total population)
Chilean1.06% (0.25% of total population)
Colombian3.25% (0.76% of total population)
Ecuadorian7.29% (1.70% of total population)
Peruvian3.09% (0.72% of total population)
Uruguyan0.31% (0.07% of total population)
Venezuelan1.00% (0.23% of total population)

Indian 49.83% (11.63% of total population)
Bangladeshi 0.55% (0.13% of total population)
Chinese 12.78% (2.98% of total population)
Bhutanese 0%
Burmese 0.04% (0.01% of total population)
Filipino 21.66% (5.06% of total population)
Hmong 0%
Indonesian 0.08% (0.02% of total population)
Japanese 1.41% (0.33% of total population)
Korean 3.34% (0.78% of total population)
Laotian 0.04% (0.01% of total population)
Malaysian 0%
Mongolian 0%
Nepalese 0.26% (0.06% of total population)
Pakistani 6.47% (1.51% of total population)
Srilankan 0.01% (0.00% of total population)
Taiwanese 0.43% (0.10% of total population)
Pakistani 6.47% (1.51% of total population)
Srilankan 0.01% (0.00% of total population)
Taiwanese 0.43% (0.10% of total population)
Thai 0.27% (0.06% of total population)
Vietnamese 2.96% (0.69% of total population)

Hawaiian0%
Samoan0.09% (0.02% of total population)
Chamorro0%
Fijian0%
Marshallese0%

Crime for - Jersey City, NJ

Robbery100.00%

Assault Offenses100.00%

Homicide Offenses87.50%
Homicide Offenses12.50%

Stolen Property Offenses2.47%
Motor Vehicle Theft3.80%
Burglary/Breaking & Entering10.06%
Destruction/Damage/Vandalism of Property22.01%
Larceny/Theft Offenses61.67%

Fraud Offenses64.29%
Counterfeiting/Forgery14.29%
Arson21.43%

Kidnapping/Abduction14.29%
Sex Offenses85.71%

Real Estate Market Prediction for - Jersey City, NJ

City Hotspots

  • Average Price:

    N/A

  • Max Price:

    N/A

  • Average Rating:

    N/A

  • Location Average Score:

    N/A

  • Number Of Hotels:

    N/A

Nearby Cities From- Jersey City, NJ

Union City, NJ

Hoboken, NJ

Bayonne, NJ

Secaucus, NJ

Kearny, NJ