Market Report

The Heights continues to have Jersey City’s best appreciation, while the looming effects of the property revaluation have slowed Downtown’s rise.

The latest numbers show more modest value gains in most of the city’s neighborhoods and while transaction totals are strong, listings are averaging more days on the market.

Jersey City’s rising rents are making it a less attractive alternative to New York City.

A plateau in home values in Downtown Jersey City and Hoboken has led to an increase in demand for rentals along the two waterfront neighborhoods.

A Pure Properties market report shows that average sale prices for both homes and condos went up double-digit percentages on the year despite an underwhelming 4th quarter.

Areas outside of Downtown Jersey City had a somewhat slow first quarter, but properties are selling quicker than they were last year.

A preliminary assessment for 2018 shows a rise in property values for the Jersey Shore city of Asbury Park. As the numbers go up, at least one group is trying to keep the community accessible for those who aren’t super rich.

The pricing dynamic between Hoboken and Jersey City continues to shift. This quarter, it comes on the sales side with Downtown Jersey City townhouses eclipsing Hoboken for the first time.

In what shaped up to be a banner year, Jersey City closed 2016 out strong by taking the crown as NYC’s Best Neighborhood in 2016’s Curbed Cup. Now, with the release of Pure Properties’ highly anticipated South Hudson County Market Report, the city has even more to brag about.

Pure Properties has confirmed their status as one of the area’s top-tier agencies with the release of their South Hudson County Quarterly Report — the first of its kind in New Jersey. The report provides detailed insights into each southern Hudson County sub-market.