Jersey City Condo Market Update April 2010

Trump Plaza Jersey CityBelow is the Jersey real estate market update for condominium sales for April 2010 in Downtown Jersey City. All information is gathered from the Hudson County Multiple Listing Service.

Active Downtown Jersey City Condos

  • There are 366 Active Jersey City condos for sale with an average listing price of $492,693 Average days on the market: 93 Days

Since April 1st, 117 new Jersey City condos came on the market for sale with an average listing price of $509,071.

  • Active Downtown Jersey City Studio Condos: 14 condos for sale with an average listing price of $294,628. 85 days on the market.
  • Active Downtown Jersey City 1 Bedroom Condos: 147 condos for sale with an average listing price of $357,292. 101 days on the market.
  • Active Downtown Jersey City 2 Bedroom Condos: 175 condos for sale with an average listing price of $540,172. 88 days on the market.
  • Active Downtown Jersey City 3+ Bedroom Condos: 30 condos for sale with an average listing price of $971,622. 85 days on the market.

Pending Downtown Jersey City Condos

  • There are 108 Downtown Jersey City condos under contract waiting to close with an average listing price of $460,888 Average days on the market: 84 Days. Final sales prices of these units will not be published until they close.
  • Pending Downtown Jersey City Studio Condos: 3 condos under contract an average listing price of $236,633. 68 days on the market.
  • Pending Downtown Jersey City 1 Bedroom Condos: 41 condos under contract an average listing price of $373,551. 88 days on the market.
  • Pending Downtown Jersey City 2 Bedroom Condos: 53 condos under contract with an average listing price of $508,366. 90 days on the market.
  • Pending Downtown Jersey City 3+ Bedroom Condos: 11 condos under contract with an average listing price of $618,818. 47 days on the market.

Sold Downtown Jersey City Condos 4/1/10 to 4/30/10

  • 44 Downtown Jersey City condos sold between 4/1/10 & 4/30/10 with average listing price of $492,362. The average sales price of these sold Downtown Jersey City condos were $469,715. Average days on the market: 81 Days
  • Sold Downtown Jersey City Studio Condos: No studios sold in April 2010.
  • Sold Downtown Jersey City 1 Bedroom Condos: 13 condos sold an average listing price of $316,018 and an averages sales price of $305,461. 99 days on the market.
  • Sold Downtown Jersey City 2 Bedroom Condos: 27 condos sold with an average listing price of $539,581 and an average sales price of $511,981. 75 days on the market.
  • Sold Downtown Jersey City 3+ Bedroom Condos: 4 condos sold with an average listing price of $746,750 and an average sales price of $718,250. 68 days on the market.

Jersey City Waterfront Condo Update

Sold units occurred between 4/1/10 and 5/16/10.

  • Shore Club: 16 Active condos, 7 units under contract, 9 condos sold.
  • A Condominiums: 15 Active condos, 1 units under contract, 2 condos sold.
  • Mandalay on the Hudson: 8 Active condos, 8 units under contract, 4 condos sold.
  • Gulls Cove: 12 Active condos, 1 unit under contract, 4 condos sold.
  • Fulton’s Landing6 Active condos, 2 units under contract, 0 condos sold.
  • James Monroe: 10 Active condos, 4 units under contract, 0 condos sold.
  • Liberty Terrace: 7 Active condos, 4 units under contract, 0 condos sold.
  • Liberty Harbor: 6 Active condos, 0 units under contract, 3 condos sold.
  • Portofino: 9 Active condos, 4 units under contract, 0 condos sold.
  • Pier House: 7 Active condos, 1 unit under contract, 0 condos sold.
  • 700 Grove: 10 Active condos, 4 units under contract, 1 condo sold.
  • Montgomery Greene: 1 Active condo, 2 units under contract, 0 condos sold.
  • Clermont Cove6 Active condo, 2 units under contract, 1 condo sold.
  • Sugar House: 5 Active condos, 0 units under contract, 1 condo sold.
  • Waldo Lofts: 6 Active condos, 2 units under contract, 0 condos sold.
  • Zephyr Lofts: 10 Active condos, 1 unit under contract, 1 condo sold.

****The above data may not reflect all of the units that may be available or that have sold in downtown Jersey City. Inside sales offices in new construction downtown Jersey City condo buildings like Gulls Cove, Trump Plaza, Crystal Point, and 77 Hudson do not list and report all of their sales through the Hudson County MLS.

To see how this market update compares to last month’s, please visit the March 2010 Jersey City condo sales report.

If you have questions about a certain downtown Jersey City Condo buildings that are not on this list, feel free to contact me, Walter Burns or leave a comment. I will get back to you with the information.

Recent Posts:

2 thoughts on “Jersey City Condo Market Update April 2010

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>