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Keller Williams City Life Realty

Jersey City Condo Market Update September 2009

Fulton's Landing

Fulton's Landing

Below please find the Jersey City real estate market update for downtown Jersey City condominium units for September 2009. All information is gathered from the Hudson County Multiple Listing Service.

Active Downtown Jersey City Condos

  • 307 Active downtown Jersey City condos for sale having an average listing price of $536,091. Average days on the market: 106 Days

In the past 30 days, 74 new downtown Jersey City condo listings came on the market for sale with an average listing price of $611,124.

Pending Downtown Jersey City Condos

  • 87 downtown Jersey City condos are currently under contract waiting to close with an average listing price of $410,272. Average days on the market: 101 Days. Final sales prices of these units will not be published until the condos actually close.

Sold Downtown Jersey City Condos Since 9/1/09

  • 22 downtown Jersey City condos sold/closed since 9/1/09 with an average listing price of $477,158. The average sales prices of these units were $458,568. Average days on the market: 80 Days

Expired Downtown Jersey City Condos

  • These are downtown Jersey City condos listed for sale with a Realtor and did not sell during the term of the listing agreement. 52 downtown Jersey City condos expired and were removed from the market with an average listing price of $622,042. Average days on the market: 178 Days

Downtown Jersey City Market Update

  • Shore Club: 15 Active condos, 5 units under contract, 2 condos sold/closed in past 30 days.
  • A Condominiums: 8 Active condos, 3 units under contract, 1 condos sold/closed in past 30 days
  • Mandalay on the Hudson: 12 Active condos, 3 units under contract, 0 condos sold/closed in past 30 days
  • Gulls Cove: 11 Active condos, 2 units under contract, 0 condos sold/closed in past 30 days
  • Fulton’s Landing: 4 Active condos, 5 units under contract, 1 condo sold/closed in past 30 days
  • James Monroe: 12 Active condos, 2 units under contract, 0 condos sold/closed in past 30 days
  • Liberty Terrace: 6 Active condos, 1 unit under contract, 0 condos sold/closed in past 30 days
  • Portofino: 8 Active condos, 2 units under contract, 1 condo sold/closed in past 30 days
  • Pier House: 8 Active condos, 1 unit under contract, 0 condos sold/closed in past 30 days
  • 700 Grove: 7 Active condos, 2 units under contract, 1 condo sold/closed in past 30 days
  • Montgomery Greene: 6 Active condos, 1 unit under contract, 0 condos sold/closed in past 30 days
  • Clermont Cove: 0 Active condos, 1 unit under contract, 0 condos sold/closed in past 30 days
  • Liberty Harbor: 8 Active condos, 1 unit under contract, 1 condo sold/closed in past 30 days
  • Sugar House: 3 Active condos, 0 units under contract, 0 condos sold/closed in past 30 days
  • Waldo Lofts: 9 Active condos, 1 unit under contract, 1 condo sold/closed in past 30 days
  • Zephyr Lofts: 4 Active condos, 2 units under contract, 1 condo sold/closed in past 30 days

****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 Trump Plaza, Crystal Point and 77 Hudson do not list and report all of their sales through the Hudson County MLS.

Due to time, I cannot publish an update for every building in downtown Jersey City, however if you have questions about a certain downtown Jersey City Condo buildings that are not on this list, feel free to shoot me an email or leave a comment. I will get back to you with the information.

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

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