Compass agent Irene Barnaby recently set a new record-breaking sale in Jersey City. Situated in the Hamilton Park neighborhood, 310 9th Street sold for an impressive for $2,275,000 – one of the highest prices for a non-historic home in downtown Jersey City. The stunning residence encompassed four stories and five bedrooms along with multiple outdoor spaces and parking, providing buyers with an exceptional home in a sought-after location.
With the rising demand for modern residences in Jersey City that are not part of high-rise condominium developments, Irene applied multiple strategies to ensure her clients received the best price possible for their property.
She organized professional staging to showcase the house’s potential and highlight its unique features that set it apart from other properties on the market, and initiated a pre-listing marketing plan to build anticipation. This way, when 310 9th Street hit the market there were excited buyers and brokers ready to view the property.
In just 21 days of being listed, the property received 23 showings and two offers, which is below the average time frame for the sale of houses in that price point. This prompt sale and record-breaking price demonstrates how Irene’s experience and effective approach ensured the property was perfectly positioned to meet buyers’ expectations and gain the best price for the sellers.
When asked about the record-breaking sale for 310 9th Street, Irene commented “I couldn’t be more excited about setting a sales record in Jersey City. It’s a testament to the incredible potential of the Jersey City market and a reflection of my dedication and hard work throughout my career. This achievement not only highlights our commitment to excellence but also solidifies my position as a trusted leader in the Jersey City real estate industry. I am proud to be part of this thriving community and I am committed to continuing to deliver outstanding results for my clients and contribute to the ongoing success of the Jersey City community.”
Irene’s ability to work seamlessly with both buyers and sellers sets her apart in the fast-paced Jersey City real estate market. She draws upon her extensive experience of nearly 20 years in real estate, as well as staying updated on any changes or developments within the real estate landscape, to ensure her clients obtain the best possible outcome.
When working as a listing agent, Irene’s goal is to achieve the best price and terms possible. In addition to the professional staging and pre-listing marketing plan she used for 310 9th Street, Irene also draws upon her agent and buyer network to attract potential buyers who are searching for the type of residence she has listed. This in-depth preparation sets her sellers up for success by helping buyers envision what it would be like to live in the house and generates interest from multiple parties.
When acting as a buyer’s agent, Irene focuses on assisting her clients find their dream home in the perfect location and within their budget. With a limited inventory of modern houses similar to 310 9th Street available in Jersey City, Irene has her finger on the market’s pulse and knows exactly what properties are available and what will be hitting the market soon. By leveraging her negotiation skills, Irene is able to find and secure houses that fulfill her buyers’ needs, preferences, and budget.
Her balanced approach to real estate transactions as both a listing and buying agent provides Irene with unparalleled insights into how to secure the best outcome possible for her clients.
As Jersey City’s go-to agent for both buying and selling needs, Irene enjoyed strong sales throughout the summer with over $10 million in transaction volume in August alone. She drew upon her comprehensive knowledge of the local real estate market trends and neighborhood dynamics, along with highlighting the unique features of different locations to guide her clients effectively.
Some of Irene’s August transactions include the sale of three units in a new-build construction at 338 Newark Avenue, Jersey City, which totaled $1,989,000 in sales volume, as well as representing a buyer to secure a new-build residence at 30 Wilkinson Avenue, Jersey City, for $1,268,000.
Irene’s ability as a buyer’s agent is further evident through her assisting buyers in the purchase of a condominium at 300 Communipaw Avenue in Bergen-Lafayette for $531,000, and a residence in the amenity-rich Solaia condominium building in North Bergen for $1,230,000.
Irene foresees the Jersey City market holding strong due to the limited inventory available and strong demand from buyers. Current buyers are seeing an opportunity to lock in today’s market prices before interest rates begin falling which will bring in a rush of new demand to an already tight supply likely resulting in a sharp increase in home prices. Regardless of the market environment, Irene is well-positioned to help clients with their buying and selling needs in Jersey City and the surrounding areas.
For more information on how Irene can assist you with selling your property or buying your dream home in Jersey City, please contact her on 973-885-3961 or [email protected].
