Comments on: Jersey City Condo Market Update August 2009

By: Living on the Hudson» October 2009 Jersey City Real Estate Market Statistics for Jersey City NJ

Fri, 02 Oct 2009 20:46:31 +0000

[...] To see how this month’s Jersey City condo market update compares to last month’s, please visit the September 2009 Jersey City condo market update. [...]

By: walterburns

walterburns — Fri, 02 Oct 2009 01:15:34 +0000

2 bedroom condos at Crystal Point range from $895,000 to $1,465,000. According to the sales center they are about 30% under contract and had about 12 units go under contract in the past week. I haven’t seen dramatic price reductions at Crystal Point recently.

By: Vase

Vase — Wed, 30 Sep 2009 17:12:04 +0000

What is the latest price on a 2 bedroom apt at the Crystal Point? Someone just mentioned that prices came down. Is that true? What is their sales rate? Is that increasing? Are they looking at slashing down their prices? I find them too pricey!!!

By: walterburns

walterburns — Sat, 19 Sep 2009 14:02:05 +0000

Betty,

Thank you for taking the time to comment. Zephyr Lofts & Waldo Lofts weren’t purposely left off the post. There are dozens of buildings which I didn’t include in this update. I can’t post every building in downtown Jersey City simply because of time. If someone wants an update on a specific building, they are always free to comment or email me directly. The data for Waldo Lofts is in a previous comment below.

Here is the data for Zephyr Lofts.

4 Active condos
3 Under contract
1 Sold since 8/1/09 (Unit 210, 4 bed, 2 bath, 1800 sq.ft. sold for $420,000.)

By: bettyboop

bettyboop — Sat, 19 Sep 2009 00:21:04 +0000

Why would you list 700 Grove but not Zephyr Lofts or Waldo Lofts in these reports? Just curious as to why they (and other buildings?) are left out?

By: walterburns

walterburns — Wed, 09 Sep 2009 00:53:32 +0000

It’s hard data to come across because the inside sales company does not publish most of the data in the MLS. I’m trying to see what I can undercover and when I do find something out, I will post it on this site.

I can tell you that in the Hudson County MLS 2 units are under contract and 0 have closed since 8/1/09, but that it not a true reflection of what the sales office may have put into contract or sold.

By: trev

trev — Wed, 09 Sep 2009 00:06:11 +0000

do you have any data on trump plaza 88 morgan? have there been any recent sales?

By: walterburns

walterburns — Tue, 08 Sep 2009 12:08:59 +0000

There are currently 9 available condos for sale at the Waldo Lofts. 1 condo is under contract waiting to close. No condos have sold/closed since August 1, 2009.

By: Waldo Lofts

Waldo Lofts — Tue, 08 Sep 2009 04:04:21 +0000

Do you have any data on waldo lofts? the condo building at 159 2nd street?