Living on the Hudson» Crystal Point

Hoboken & Downtown Jersey City Condo Sales – January 2011

Walter Burns — Wed, 09 Feb 2011 04:11:40 +0000

Below is a “quick hit” summary of the Hoboken & Downtown Jersey City condominium market for January 2011. This sales information is gathered from Hudson County MLS. It may not reflect sales at new construction buildings such as Maxwell Place, 77 Hudson, Trump Plaza, & Crystal Point since a small portion of these sales are reported through the MLS.

Hoboken Condominium Market Quick Stats

Active condos for sale: 347

Total Under Contract: 122

Sold in January: 38

Top 3 Hoboken Condo Sales for January 2011

1025 Maxwell Lane Unit 901. Maxwell Place – North/East corner 3 bed/2.5 bath, 2,006 sq.ft. condo sold for $1,600,000 on 1/28/11.
609-615 Observer Highway Unit 501. Vesta Hoboken – 4 bedroom, 3 bath, 2,351 sq.ft. new construction unit sold for $940,000 on 1/12/11.
610-612 Clinton St. Unit 3F. Cast Iron – 2 bedroom, 2 bath, 1,874 sq.ft. loft duplex sold for $885,000 om 1/14/11.

Downtown Jersey City Condominium Market Quick Stats

Active Condos for sale: 302

Total Under Contract: 77 units

Sold in January: 15

Top 3 Jersey City Condo Sales for January 2011

207 Washington St. Unit 4. 2 bed/2 bath, 2,269 sq.ft. top floor duplex with roof terrace sold for $759,000 on 1/7/11.
389 Washington St. Unit 33K. A Condominiums – 2 bed/2 bath, 1,250 sq.ft. condo with direct NYC views sold for $705,000 on 1/22/11.
1 Shore Lane Unit 2302. Shore Club – 2 bed/2 bath, 1,120 sq.ft. condo with NYC & Hudson River views sold for $635,000 on 1/17/11.

For the latest in Hudson County real estate news & information, subscribe to Living on the Hudson.

Crystal Point Reaches 70% Sold/Under Contract

Walter Burns — Tue, 21 Dec 2010 03:29:30 +0000

Crystal Point Condos Sales Information

Crystal Point in Downtown Jersey City recently reached its 70% under contract mark with contracts signed this fall. The building is currently 60% closed and occupied. Here are some Crystal Point sales.

Totaling 269 units & 42 stories, Crystal Point is a Hudson River waterfront new construction condominium project located at 2 2nd St. in Jersey City. The building features 1, 2, and 3 bedroom layouts with spectacular New York City views. Additional amenities include valet parking, a 24 hour concierge/doorman, an amenities floor with resident’s lounge, fitness center, game room, screening room, and an outdoor pool. The building also features a 30 year tax abatement through the City of Jersey City.

Crystal Point was developed by Fisher Development Associates who also developed Liberty Towers & Liberty Terrace in the Paulus Hook section of Downtown Jersey City.

For the latest in Jersey City real estate news & information, subscribe to Living on the Hudson.

Jersey City Condo Market Update October 2010

Walter Burns — Fri, 26 Nov 2010 03:47:14 +0000

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

Active Downtown Jersey City Condos

There are 347 Active Jersey City condos for sale with an average listing price of $489,441. Average days on the market: 106 Days

Since October 1st, 115 new Jersey City condos came on the market for sale with an average listing price of $503,406.

Active Downtown Jersey City Studio Condos: 12 condos for sale with an average listing price of $274,849. 110 days on the market.
Active Downtown Jersey City 1 Bedroom Condos: 141 condos for sale with an average listing price of $374,800. 115 days on the market.
Active Downtown Jersey City 2 Bedroom Condos: 159 condos for sale with an average listing price of $548,041. 104 days on the market.
Active Downtown Jersey City 3+ Bedroom Condos: 30 condos for sale with an average listing price of $729,086. 88 days on the market.

Pending Downtown Jersey City Condos

There are 71 Downtown Jersey City condos under contract waiting to close with an average listing price of $465,716. Average days on the market: 88 Days. Final sales prices of these units will not be published until they close.

Pending Downtown Jersey City Studio Condos: 1 condo under contract located at 1 Greene St. List price: $199,000. 32 days on the market.
Pending Downtown Jersey City 1 Bedroom Condos: 28 condos under contract an average listing price of $341,797. 82 days on the market.
Pending Downtown Jersey City 2 Bedroom Condos: 34 condos under contract with an average listing price of $515,752. 87 days on the market.
Pending Downtown Jersey City 3+ Bedroom Condos: 8 condos under contract with an average listing price of $720,112. 117 days on the market.

Sold Downtown Jersey City Condos 10/1/10 to 10/31/10

21 Downtown Jersey City condos sold between 10/1/10 & 10/31/10 with average listing price of $426,378. The average sales price of these sold Downtown Jersey City condos were $409,690. Average days on the market: 69 Days

Sold Downtown Jersey City Studio Condos: 12 condos sold an average listing price of $282,000 and an averages sales price of $273,333. 100 days on the market.
Sold Downtown Jersey City 1 Bedroom Condos: 5 condos sold an average listing price of $318,580 and an averages sales price of $305,500. 59 days on the market.
Sold Downtown Jersey City 2 Bedroom Condos: 9 condos sold with an average listing price of $506,766 and an average sales price of $486,222. 78 days on the market.
Sold Downtown Jersey City 3+ Bedroom Condos: 4 condos sold an average listing price of $488,537 and an averages sales price of $470,000. 37 days on the market.

Jersey City Waterfront Condo Update

Sold units 10/1/10 – 10/31/10

Shore Club: 2 Active condos, 2 units under contract, 1 Shore Club Sale.
A Condominiums: 10 Active condos, 5 units under contract, 1 A Condominium sale.
Mandalay on the Hudson: 12 Active condos, 4 units under contract, 0 Mandalay on the Hudson Sales.
Gulls Cove: 14 Active condos, 3 units under contract, 0 Gulls Cove Sales.
Fulton’s Landing: 1 Active condo, 1 unit under contract, 0 Fulton Landing Sales.
James Monroe: 15 Active condos, 1 unit under contract, 1 James Monroe sale.
Liberty Terrace: 3 Active condos, 4 units under contract, 1 Liberty Terrace sale.
Liberty Harbor: 3 Active condos, 0 units under contract, 0 Liberty Harbor sales.
Portofino: 4 Active condos, 2 units under contract, 1 Portofino sale.
Pier House: 4 Active condos, 0 units under contract, 0 Pier House sales.
700 Grove: 14 Active condos, 2 units under contract, 2 700 Grove sales.
Montgomery Greene: 2 Active condos, 0 units under contract, 2 Montgomery Greene sales.
Clermont Cove: 2 Active condo, 3 units under contract, 0 Clermont Cove sales.
Sugar House: 3 Active condos, 0 units under contract, 0 Sugar House sales.
Waldo Lofts: 4 Active condos, 2 units under contract, 2 Waldo Lofts sales.
Zephyr Lofts: 8 Active condos, 0 units under contract, 0 Zephyr Loft sales.

****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.

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.

For the latest in Hudson County real estate news and information, subscribe to Living on the Hudson.

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Jersey City Condo Market Update September 2010

Walter Burns — Sun, 03 Oct 2010 15:51:07 +0000

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

Active Downtown Jersey City Condos

There are 367 Active Jersey City condos for sale with an average listing price of $505,832. Average days on the market: 98 Days

Since September 1st, 94 new Jersey City condos came on the market for sale with an average listing price of $490,939.

Active Downtown Jersey City Studio Condos: 12 condos for sale with an average listing price of $290,941. 115 days on the market.
Active Downtown Jersey City 1 Bedroom Condos: 142 condos for sale with an average listing price of $373,807. 105 days on the market.
Active Downtown Jersey City 2 Bedroom Condos: 172 condos for sale with an average listing price of $565,360. 93 days on the market.
Active Downtown Jersey City 3+ Bedroom Condos: 41 condos for sale with an average listing price of $776,253. 90 days on the market.

Pending Downtown Jersey City Condos

There are 67 Downtown Jersey City condos under contract waiting to close with an average listing price of $424,006 Average days on the market: 74 Days. Final sales prices of these units will not be published until they close.

Pending Downtown Jersey City Studio Condos: 4 condos under contract with an average listing price of $261,250. 83 days on the market.
Pending Downtown Jersey City 1 Bedroom Condos: 26 condos under contract an average listing price of $324,997. 71 days on the market.
Pending Downtown Jersey City 2 Bedroom Condos: 34 condos under contract with an average listing price of $500,752. 74 days on the market.
Pending Downtown Jersey City 3+ Bedroom Condos: 3 condos under contract with an average listing price of $629,300. 80 days on the market.

Sold Downtown Jersey City Condos 9/1/10 to 9/30/10

28 Downtown Jersey City condos sold between 9/1/10 & 9/30/10 with average listing price of $450,984. The average sales price of these sold Downtown Jersey City condos were $431,963. Average days on the market: 109 Days

Sold Downtown Jersey City Studio Condos: No studios sold in September.
Sold Downtown Jersey City 1 Bedroom Condos: 12 condos sold an average listing price of $373,721 and an averages sales price of $352,624. 87 days on the market.
Sold Downtown Jersey City 2 Bedroom Condos: 16 condos sold with an average listing price of $508,931 and an average sales price of $491,468. 126 days on the market.
Sold Downtown Jersey City 3+ Bedroom Condos: No 3+ bedroom condos sold in September.

Jersey City Waterfront Condo Update

Sold units since 9/1/10

Shore Club: 12 Active condos, 3 units under contract, 1 condo sold.
A Condominiums: 15 Active condos, 1 unit under contract, 0 condos sold.
Mandalay on the Hudson: 13 Active condos, 2 units under contract, 0 condos sold.
Gulls Cove: 13 Active condos, 2 units under contract, 2 condos sold.
Fulton’s Landing: 5 Active condos, 2 units under contract, 1 condo sold.
James Monroe: 15 Active condos, 1 unit under contract, 0 condos sold.
Liberty Terrace: 5 Active condos, 3 units under contract, 0 condos sold.
Liberty Harbor: 4 Active condos, 0 units under contract, 0 condos sold.
Portofino: 2 Active condos, 6 units under contract, 2 condos sold.
Pier House: 3 Active condos, 0 units under contract, 1 condo sold.
700 Grove: 10 Active condos, 2 units under contract, 3 condos sold.
Montgomery Greene: 2 Active condos, 2 units under contract, 0 condos sold.
Clermont Cove: 2 Active condo, 3 units under contract, 0 condos sold.
Sugar House: 5 Active condos, 1 unit under contract, 0 condos sold.
Waldo Lofts: 4 Active condos, 3 units under contract, 0 condos sold.
Zephyr Lofts: 5 Active condos, 1 unit under contract, 0 condos sold.

For the latest in Hudson County real estate news and information, subscribe to Living on the Hudson.

Jersey City Waterfront Condos Maintenance Fees & Taxes

Walter Burns — Tue, 31 Aug 2010 03:10:48 +0000

Currently there are three major downtown Jersey City waterfront high-rise condos which are currently being sold as new construction. They are 77 Hudson, Crystal Point, and Trump Plaza Residences. I find that many buyers who look at one of these buildings usually has interest in seeing the others. Commons questions that I hear are regarding the taxes and the maintenance fees for each of these buildings.

77 Hudson Condos in Jersey City

77 Hudson is a high-rise new construction condominium project developed by K. Hovnanian in the Paulus Hook/Exchange Place section of downtown Jersey City.

The monthly maintenance fees for 77 Hudson break down to about $0.71 cents per square foot. This includes heat, hot water, water, gas, common insurance, as well as all of 77 Hudson’s common amenities like 24 concierge, outdoor pool, fitness center and resident’s lounge.
77 Hudson has a 20 year tax abatement. Taxes will be based upon the purchase price of each unit and assessed by the City of Jersey City. The estimate for the annual taxes is approximately 1.65% to 1.7% of the sales price.

Trump Plaza Residences in Jersey City

Trump Plaza Residences is a 55 story high-rise new construction condominium building located at 88 Morgan St. in Jersey City. It was developed by Metro Homes LLC and is located in the Exchange Place section of downtown Jersey City.

The monthly maintenance fees for Trump Plaza are currently $0.71 cents per square foot which includes water, common insurance, basic cable/internet, and all of Trump Plaza’s common amenities like 24 hour doorman, concierge, fitness center, resident’s lounge, outdoor pool, game room, and indoor Roman spa.
Trump Plaza has a 20 year tax abatement. Taxes will be based upon the purchase price of each unit and assessed by the City of Jersey City. The estimate for the annual taxes is approximately 1.65% to 1.7% of the sales price.

Crystal Point Condos in Jersey City

Crystal Point is the only downtown Jersey City condo building that literally sits on the banks of the Hudson River, 25 feet from the water’s edge. It was developed by Fisher Development Associates and is located at 2 2nd St. near Exchange Place in downtown Jersey City.

The monthly maintenance fees for Crystal Point are currently $0.57 cents per square foot. This includes water, hot water, gas, valet parking for 1 car. Also included are Crystal Point’s common amenities like 24 hour concierge, outdoor pool, indoor whirl pool, resident’s lounge and fitness center.
Crystal Point has a 30 year tax abatement. The taxes will be based on the purchase price of each condo and assessed by the City of Jersey City. In years 1-5 of ownership the taxes are approximately 0.9% to 1.1% of the purchase price. In years 5-10 of ownership, the taxes adjust to approximately 1.3% of the owner’s original purchase price. In years 10-30, the taxes adjust to approximately 1.4% of the owner’s original purchase price.

All of these taxes figures are just estimates. I recommend contacting the City of Jersey City Tax Assessor’s Office with specific tax related questions.

If you have any questions about these Jersey City waterfront condo buildings, feel free to contact me, Walter Burns.

For all the latest in Jersey City real estate news and information, subscribe to Living on the Hudson.

Jersey City Condo Market Update July 2010

Walter Burns — Fri, 13 Aug 2010 19:22:59 +0000

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

Active Downtown Jersey City Condos

There are 355 Active Jersey City condos for sale with an average listing price of $520,086. Average days on the market: 103 Days

Since July 1st, 99 new Jersey City condos came on the market for sale with an average listing price of $523,447.

Active Downtown Jersey City Studio Condos: 13 condos for sale with an average listing price of $323,369. 95 days on the market.
Active Downtown Jersey City 1 Bedroom Condos: 143 condos for sale with an average listing price of $368,050. 108 days on the market.
Active Downtown Jersey City 2 Bedroom Condos: 159 condos for sale with an average listing price of $570,973. 98 days on the market.
Active Downtown Jersey City 3+ Bedroom Condos: 40 condos for sale with an average listing price of $925,273. 105 days on the market.

Pending Downtown Jersey City Condos

There are 78 Downtown Jersey City condos under contract waiting to close with an average listing price of $428,263 Average days on the market: 95 Days. Final sales prices of these units will not be published until they close.

Pending Downtown Jersey City Studio Condos: 2 condos under contract with an average listing price of $74,000. 87 days on the market.
Pending Downtown Jersey City 1 Bedroom Condos: 28 condos under contract an average listing price of $318,564. 90 days on the market.
Pending Downtown Jersey City 2 Bedroom Condos: 43 condos under contract with an average listing price of $492,181. 102 days on the market.
Pending Downtown Jersey City 3+ Bedroom Condos: 5 condos under contract with an average listing price of $554,580. 62 days on the market.

Sold Downtown Jersey City Condos 7/1/10 to 7/31/10

30 Downtown Jersey City condos sold between 7/1/10 & 7/31/10 with average listing price of $589,761. The average sales price of these sold Downtown Jersey City condos were $556,107. Average days on the market: 82 Days

Sold Downtown Jersey City Studio Condos: No studios sold in July.
Sold Downtown Jersey City 1 Bedroom Condos: 6 condos sold an average listing price of $333,466 and an averages sales price of $314,341. 92 days on the market.
Sold Downtown Jersey City 2 Bedroom Condos: 20 condos sold with an average listing price of $615,752 and an average sales price of $582,909. 82 days on the market.
Sold Downtown Jersey City 3+ Bedroom Condos: 4 condos sold with an average listing price of $844,250 and an average sales price of $784,750. 65 days on the market.

Jersey City Waterfront Condo Update

Sold units since 7/1/10

Shore Club: 15 Active condos, 4 units under contract, 5 condos sold.
A Condominiums: 16 Active condos, 1 unit under contract, 3 condos sold.
Mandalay on the Hudson: 10 Active condos, 4 units under contract, 4 condos sold.
Gulls Cove: 11 Active condos, 2 units under contract, 1 condo sold.
Fulton’s Landing: 4 Active condos, 4 units under contract, 2 condos sold.
James Monroe: 16 Active condos, 0 units under contract, 0 condos sold.
Liberty Terrace: 8 Active condos, 1 unit under contract, 0 condos sold.
Liberty Harbor: 4 Active condos, 0 units under contract, 1 condo sold.
Portofino: 4 Active condos, 4 units under contract, 1 condo sold.
Pier House: 3 Active condos, 2 units under contract, 0 condos sold.
700 Grove: 12 Active condos, 3 units under contract, 3 condos sold.
Montgomery Greene: 3 Active condos, 2 units under contract, 1 condo sold.
Clermont Cove: 3 Active condo, 1 unit under contract, 1 condo sold.
Sugar House: 3 Active condos, 0 units under contract, 0 condos sold.
Waldo Lofts: 5 Active condos, 2 units under contract, 1 condo sold.
Zephyr Lofts: 6 Active condos, 1 unit under contract, 0 condos sold.

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

For the latest in Hudson County real estate news and information, subscribe to Living on the Hudson.

Jersey City Condo Market Update June 2010

Walter Burns — Sat, 17 Jul 2010 03:41:58 +0000

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

Active Downtown Jersey City Condos

There are 358 Active Jersey City condos for sale with an average listing price of $511,764. Average days on the market: 101 Days

Since June 1st, 110 new Jersey City condos came on the market for sale with an average listing price of $511,396

Active Downtown Jersey City Studio Condos: 13 condos for sale with an average listing price of $309,069. 92 days on the market.
Active Downtown Jersey City 1 Bedroom Condos: 142 condos for sale with an average listing price of $364,394. 103 days on the market.
Active Downtown Jersey City 2 Bedroom Condos: 168 condos for sale with an average listing price of $554,013. 100 days on the market.
Active Downtown Jersey City 3+ Bedroom Condos: 35 condos for sale with an average listing price of $982,159. 99 days on the market.

Pending Downtown Jersey City Condos

There are 85 Downtown Jersey City condos under contract waiting to close with an average listing price of $462,942 Average days on the market: 88 Days. Final sales prices of these units will not be published until they close.

Pending Downtown Jersey City Studio Condos: 2 condos under contract with an average listing price of $214,500. 30 days on the market.
Pending Downtown Jersey City 1 Bedroom Condos: 31 condos under contract an average listing price of $341,213. 92 days on the market.
Pending Downtown Jersey City 2 Bedroom Condos: 44 condos under contract with an average listing price of $511,900. 93 days on the market.
Pending Downtown Jersey City 3+ Bedroom Condos: 8 condos under contract with an average listing price of $727,487. 60 days on the market.

Sold Downtown Jersey City Condos 6/1/10 to 6/30/10

43 Downtown Jersey City condos sold between 6/1/10 & 6/30/10 with average listing price of $448,695. The average sales price of these sold Downtown Jersey City condos were $425,727. Average days on the market: 74 Days

Sold Downtown Jersey City Studio Condos: No studios sold in June.
Sold Downtown Jersey City 1 Bedroom Condos: 23 condos sold an average listing price of $386,869 and an averages sales price of $366,230. 87 days on the market.
Sold Downtown Jersey City 2 Bedroom Condos: 17 condos sold with an average listing price of $482,582 and an average sales price of $462,470. 62 days on the market.
Sold Downtown Jersey City 3+ Bedroom Condos: 3 condos sold with an average listing price of $730,666 and an average sales price of $673,666. 50 days on the market.

Jersey City Waterfront Condo Update

Sold units since 6/1/10

Shore Club: 15 Active condos, 6 units under contract, 6 condos sold.
A Condominiums: 18 Active condos, 1 unit under contract, 3 condos sold.
Mandalay on the Hudson: 11 Active condos, 4 units under contract, 4 condos sold.
Gulls Cove: 11 Active condos, 1 unit under contract, 0 condos sold.
Fulton’s Landing: 5 Active condos, 2 units under contract, 3 condos sold.
James Monroe: 14 Active condos, 0 units under contract, 3 condos sold.
Liberty Terrace: 6 Active condos, 1 unit under contract, 2 condos sold.
Liberty Harbor: 6 Active condos, 1 unit under contract, 0 condos sold.
Portofino: 6 Active condos, 3 units under contract, 2 condos sold.
Pier House: 4 Active condos, 1 unit under contract, 2 condos sold.
700 Grove: 15 Active condos, 4 units under contract, 1 condo sold.
Montgomery Greene: 1 Active condos, 3 units under contract, 0 condos sold.
Clermont Cove: 4 Active condo, 1 unit under contract, 0 condos sold.
Sugar House: 4 Active condos, 0 units under contract, 0 condos sold.
Waldo Lofts: 6 Active condos, 1 unit under contract, 1 condo sold.
Zephyr Lofts: 7 Active condos, 1 unit under contract, 1 condo sold.

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

Related Posts:

Jersey City Condo Market Update May 2010

Walter Burns — Sat, 12 Jun 2010 15:29:45 +0000

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

Active Downtown Jersey City Condos

There are 362 Active Jersey City condos for sale with an average listing price of $502,635. Average days on the market: 99 Days

Since May 1st, 92 new Jersey City condos came on the market for sale with an average listing price of $551,956.

Active Downtown Jersey City Studio Condos: 13 condos for sale with an average listing price of $311,900. 97 days on the market.
Active Downtown Jersey City 1 Bedroom Condos: 146 condos for sale with an average listing price of $362,969. 102 days on the market.
Active Downtown Jersey City 2 Bedroom Condos: 169 condos for sale with an average listing price of $542,047. 100 days on the market.
Active Downtown Jersey City 3+ Bedroom Condos: 34 condos for sale with an average listing price of $979,399. 80 days on the market.

Pending Downtown Jersey City Condos

There are 99 Downtown Jersey City condos under contract waiting to close with an average listing price of $466,168 Average days on the market: 90 Days. Final sales prices of these units will not be published until they close.

Pending Downtown Jersey City Studio Condos: 1 condo under contract located at Montgomery Greene. List price: $250,000. 54 days on the market.
Pending Downtown Jersey City 1 Bedroom Condos: 39 condos under contract an average listing price of $365,780. 98 days on the market.
Pending Downtown Jersey City 2 Bedroom Condos: 50 condos under contract with an average listing price of $513,743. 91 days on the market.
Pending Downtown Jersey City 3+ Bedroom Condos: 9 condos under contract with an average listing price of $660,888. 57 days on the market.

Sold Downtown Jersey City Condos 5/1/10 to 5/31/10

34 Downtown Jersey City condos sold between 5/1/10 & 5/31/10 with average listing price of $435,882. The average sales price of these sold Downtown Jersey City condos were $422,222. Average days on the market: 76 Days

Sold Downtown Jersey City Studio Condos: 2 condos sold an average listing price of $229,949 and an averages sales price of $217,665. 76 days on the market.
Sold Downtown Jersey City 1 Bedroom Condos: 11 condos sold an average listing price of $320,490 and an averages sales price of $315,909. 58 days on the market.
Sold Downtown Jersey City 2 Bedroom Condos: 16 condos sold with an average listing price of $508,293 and an average sales price of $490,472. 94 days on the market.
Sold Downtown Jersey City 3+ Bedroom Condos: 5 condos sold with an average listing price of $540,400 and an average sales price of $519,538. 58 days on the market.

Jersey City Waterfront Condo Update

Sold units since 5/16/10

Shore Club: 15 Active condos, 8 units under contract, 1 condo sold.
A Condominiums: 14 Active condos, 4 units under contract, 0 condos sold.
Mandalay on the Hudson: 11 Active condos, 7 units under contract, 1 condo sold.
Gulls Cove: 9 Active condos, 0 units under contract, 1 condo sold.
Fulton’s Landing: 5 Active condos, 3 units under contract, 1 condo sold.
James Monroe: 12 Active condos, 2 units under contract, 2 condos sold.
Liberty Terrace: 6 Active condos, 3 units under contract, 1 condo sold.
Liberty Harbor: 7 Active condos, 0 units under contract, 0 condos sold.
Portofino: 9 Active condos, 3 units under contract, 1 condo sold.
Pier House: 6 Active condos, 2 units under contract, 0 condos sold.
700 Grove: 13 Active condos, 4 units under contract, 2 condo sold.
Montgomery Greene: 2 Active condos, 2 units under contract, 0 condos sold.
Clermont Cove: 6 Active condo, 0 units under contract, 2 condos sold.
Sugar House: 5 Active condos, 0 units under contract, 0 condos sold.
Waldo Lofts: 6 Active condos, 2 units under contract, 0 condos sold.
Zephyr Lofts: 9 Active condos, 1 unit under contract, 0 condos sold.

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

Recent Posts:

Jersey City Condo Market Update April 2010

Walter Burns — Sun, 16 May 2010 21:04:36 +0000

Below 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 Landing: 6 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 Cove: 6 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.

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

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Jersey City Condo Market Update March 2010

Walter Burns — Mon, 12 Apr 2010 01:32:12 +0000

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

Active Downtown Jersey City Condos

There are 380 Active Jersey City condos for sale with an average listing price of $490,738 Average days on the market: 86 Days

Since March 1st, 148 new Jersey City condos came on the market for sale with an average listing price of $474,038.

Active Downtown Jersey City Studio Condos: 17 condos for sale with an average listing price of $288,929. 70 days on the market.
Active Downtown Jersey City 1 Bedroom Condos: 161 condos for sale with an average listing price of $363,295. 92 days on the market.
Active Downtown Jersey City 2 Bedroom Condos: 172 condos for sale with an average listing price of $546,413. 81 days on the market.
Active Downtown Jersey City 3+ Bedroom Condos: 30 condos for sale with an average listing price of $969,842. 87 days on the market.

Pending Downtown Jersey City Condos

There are 94 Downtown Jersey City condos under contract waiting to close with an average listing price of $483,106 Average days on the market: 87 Days. Final sales prices of these units will not be published until they close.

Pending Downtown Jersey City Studio Condos: Currently there are no studios under contract.
Pending Downtown Jersey City 1 Bedroom Condos: 25 condos under contract an average listing price of $335,924. 97 days on the market.
Pending Downtown Jersey City 2 Bedroom Condos: 58 condos under contract with an average listing price of $516,774. 91 days on the market.
Pending Downtown Jersey City 3+ Bedroom Condos: 11 condos under contract with an average listing price of $640,090. 44 days on the market.

Sold Downtown Jersey City Condos 3/1/10 to 3/31/10

26 Downtown Jersey City condos sold between 3/1/10 & 3/31/10 with average listing price of $463,746. The average sales price of these sold Downtown Jersey City condos were $437,509. Average days on the market: 123 Days

Sold Downtown Jersey City Studio Condos: No studios sold in March 2010.
Sold Downtown Jersey City 1 Bedroom Condos: 15 condos sold an average listing price of $333,513 and an averages sales price of $317,116. 129 days on the market.
Sold Downtown Jersey City 2 Bedroom Condos: 9 condos sold with an average listing price of $581,744 and an average sales price of $547,611. 121 days on the market.
Sold Downtown Jersey City 3+ Bedroom Condos: 2 condos sold with an average listing price of $909,500 and an average sales price of $845,000. 79 days on the market.

Jersey City Waterfront Condo Update

Sold units occurred between 3/1/10 and 4/11/10.

Shore Club: 16 Active condos, 10 units under contract, 5 condos sold.
A Condominiums: 9 Active condos, 1 units under contract, 3 condos sold.
Mandalay on the Hudson: 10 Active condos, 7 units under contract, 2 condos sold.
Gulls Cove: 11 Active condos, 3 units under contract, 2 condos sold.
Fulton’s Landing: 6 Active condos, 2 units under contract, 1 condo sold.
James Monroe: 12 Active condos, 1 unit under contract, 0 condo sold.
Liberty Terrace: 10 Active condos, 1 unit under contract, 0 condos sold.
Liberty Harbor: 5 Active condos, 2 units under contract, 2 condos sold.
Portofino: 12 Active condos, 2 units under contract, 1 condo sold.
Pier House: 6 Active condos, 0 units under contract, 1 condo sold.
700 Grove: 13 Active condos, 5 units under contract, 1 condo sold.
Montgomery Greene: 6 Active condos, 0 units under contract, 1 condo sold.
Clermont Cove: 6 Active condo, 1 unit under contract, 1 condo sold.
Sugar House: 3 Active condos, 1 unit under contract, 0 condos sold.
Waldo Lofts: 4 Active condos, 1 unit under contract, 0 condos sold.
Zephyr Lofts: 8 Active condos, 1 unit under contract, 0 condos sold.

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