hOMES: Weekly Insight Into Hoboken & Jersey City Real Estate Trends | April 23, 2021

Hoboken & Jersey City Real Estate Trends
April 23, 2021
by Ann Wycherley
Broker Associate, Brown Harris Stevens

Now that we are in the midst of our Spring market, we felt it was a good time to review what is currently available across our different areas.

Although we are not suffering as much as other areas in terms of lack of inventory, we certainly have less than we would normally have available at this time of the year.

We have definitely seen an increase in activity, with a number of properties receiving multiple offers and overall the average days on market is declining.

Here’s a look at what is currently available in our areas:

Hoboken:
Studio /1-Bedrooms
Active Listings:
72 available listings. The average price is $508,270, the average price per sq/ft is $767 and the average days on the market is 26.
Available 1 bedrooms

2-Bedrooms:
Active Listings:
100 available listings. The average price is $848,311, the average price per sq/ft is $763 and the average days on the market is 45.
Available 2 bedrooms

3-Bedrooms:
Active Listings:
32 available listings. The average price is $1,674,515, the average price per sq/ft is $889 and the average days on the market is 81.
Available 3 Bedrooms

4+Bedrooms:
Active Listings:
11 available listings. The average price is $1,943,362, the average price per sq/ft is $858 and the average days on the market is 79.
Available 4+ Bedrooms

Single-Family Homes:
Active Listings:
14 available listings. Prices range from $999,987 to $ $5,250,000
Available 1 Family Homes

Downtown Jersey City:
Studio /1-Bedrooms
Active Listings:
112 available listings. The average price is $581,310, the average price per sq/ft is $775 and the average days on the market is 42.
Available 1 bedrooms

2-Bedrooms:
Active Listings:
91 available listings. The average price is $943,075, the average price per sq/ft is $837 and the average days on the market is 54.
Available 2 Bedrooms

3-Bedrooms:
Active Listings:
23 available listings. The average price is $1,642,043, the average price per sq/ft is $837 and the average days on the market is 54.
Available 3 Bedrooms

4+Bedrooms:
Active Listings:
2 available listings. The average price is $4,231,500, the average price per sq/ft is $702 and the average days on the market is 59.
Available 4+ Bedrooms

Single-Family Homes:
Active Listings:
19 available listings. Prices range from $365,000 to $3,349,000
Available 1 Family Homes

Jersey City Heights:
Studio /1-Bedrooms
Active Listings:
23 available listings. The average price is $350,520, the average price per sq/ft is $478 and the average days on the market is 69.
Available 1 Bedrooms

2-Bedrooms:
Active Listings:
29 available listings. The average price is $486,627, the average price per sq/ft is $472 and the average days on the market is 46.
Available 2 Bedrooms

3-Bedrooms:
Active Listings:
40 available listings. The average price is $715,014, the average price per sq/ft is $514 and the average days on the market is 54.
Available 3 Bedrooms

4+Bedrooms:
Active Listings:
5 available listings. The average price is $732,380, the average price per sq/ft is $326 and the average days on the market is 49.
Available 4+ Bedrooms

Single-Family Homes:
Active Listings:
7 available listings. The prices range from $549,000 to $900,000.
Available 1 Family Homes

(Information provided by Hudson County MLS)

ALSO OF INTEREST:

With rents this high, maybe it’s time to consider buying and paying your own mortgage…

Study Finds Jersey City Has Nation’s Fifth Highest Rents (JerseyDigs.com)

Stevens making moves to return to on-campus learning this Fall…

Stevens Joins Growing List of Schools Requiring Vaccination Before Returning to Campus (TAPinto Hoboken)

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As an award-winning agent, Ann Wycherley brings nearly 20 years of solid real estate experience in the Hudson County market. She has been recognized by the New Jersey Circle of Excellence for many of those years and recently earned a Lifetime Membership in the New Jersey Association of Realtors Distinguished Sales Club. Direct and thorough, Ann’s straightforward approach to navigating the complexities of real estate in Hudson County has fostered strong working relationships with repeat clients and countless referrals from those who are looking to get the most out of buying or selling their home.

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