A building boom in Jersey City will see over 2,000 units hit the market this year, making it one of the fastest-growing places in the New York metro region.
The Garden State’s two largest cities can be unpleasant for those behind the wheel.
A taxation issue that has chronically plagued the Garden State hasn’t improved, and new numbers show the problem persists in several other northeast states too.
Rent.com gave the Brick City low marks in several metrics including median income, unemployment rate, and cost of living.
Data complied by RenoFi shows the Garden State ranking about average in terms of house prices since the pandemic began, with home prices in New York City modestly increasing over the same period.
Data sourced from apartment listings show that rents in New Jersey’s second-largest city rank just below those in major metropolises like New York and Los Angeles.
The study looked at both renting and buying based on listings from May 2021 compared to the same period last year.
Almost 17% of the Garden State’s roadways are considered to be in poor condition and several other Northeast states had similarly poor rankings.
A new study puts Jersey City just behind Portland and Oakland and way above Brooklyn as a top city for hipsters.