DTJC Market Review - 10/04/25

DTJC Market Review - 10/04/25

Downtown Jersey City Real Estate Market Recap

October 04, 2025 Daily Update

Welcome to your daily snapshot of Downtown Jersey City's real estate market activity. Today's recap highlights new opportunities, market momentum, and recent transactions across our vibrant waterfront community.


📈 Market Snapshot

Active Listings: 0 properties
Properties Under Contract: 0 properties
Properties in Attorney Review: 0 properties
Recent Sales: 0 properties
Average Days on Market: N/A
Market Temperature: No Sales Activity


🆕 New Listings (Active)

No active sales listings in today's data snapshot


⚖️ Accepted Offers (Attorney Review in Progress)

No properties currently in attorney review


🏠 Under Contract

No properties currently under contract


✅ Recent Sales (Closed)

No recent sales in today's data snapshot


🎯 Market Insights & Analysis

Today's Data Overview

Today's jcdt4.csv contains only one property record:

2 2nd Street #2008

  • Status: Attorney Review in Progress (Rental)
  • Monthly Rent: $4,100
  • Property Class: Residential Rental
  • Location: Premium 2nd Street high-rise
  • Unit: #2008 (20th floor)

Market Context - Sales Activity

Today's dataset contains no sales properties, as the single record represents a rental listing in attorney review. This creates a unique situation where we cannot provide sales market analysis, pricing trends, or transaction insights.

Rental Market Note

While our focus is on sales transactions, the single rental property provides insight into Downtown Jersey City's luxury rental market:

2 2nd Street Rental Analysis:

  • Premium Location: 2nd Street represents waterfront high-rise luxury living
  • Rental Rate: $4,100/month indicates luxury rental segment
  • High Floor: Unit #2008 suggests 20th floor with likely premium views
  • Attorney Review Status: Rental in legal review phase before lease execution
  • Market Context: Strong demand for luxury rentals in premium buildings

2nd Street Market Position:

  • Prime waterfront location with Manhattan skyline views
  • Premium high-rise with full-service amenities
  • PATH proximity for commuters
  • Established luxury rental and sales market

Sales Market Status

  • No Active Sales: Zero properties available for purchase in today's data
  • No Pipeline Activity: No properties in contract or attorney review phases
  • No Recent Closings: No completed sales transactions to analyze
  • Market Visibility: Limited data prevents comprehensive sales market assessment

📊 Week-to-Date Summary

  • New Listings This Week: 0 sales properties
  • Properties Gone to Contract: 0 properties
  • Closed Sales This Week: 0 properties
  • Average Price per Sq Ft: No data available
  • Average Days on Market: No sales data available

🔮 Looking Ahead

Today's limited dataset (single rental property) prevents meaningful sales market analysis. Yesterday's exceptional activity at 139 Christopher Columbus Drive with 11 units in various stages suggests the new development pipeline remains the primary driver of current market dynamics. For comprehensive Downtown Jersey City sales market insights, expanded data collection across multiple properties and transaction types will be necessary.

Context from Recent Market Activity

Based on yesterday's report (jcdt3 2.csv):

  • Strong new development absorption at 139 Christopher Columbus Drive
  • Multiple units contracting in 0-17 days
  • Premium pricing ($875-$1,078/sq ft) fully accepted
  • Ultra-luxury segment active with $2.8M Erie Street sale

This daily recap is provided to keep Downtown Jersey City buyers, sellers, and market watchers informed of real-time market activity. Today's data limited to single rental property.

For comprehensive sales market analysis including active listings, contracts, and recent sales, please contact us for expanded market data collection.

Questions about the market or specific properties? Contact us for personalized market analysis and guidance.


Data Note: Today's jcdt4.csv contained 1 record (rental property only). Sales market analysis requires properties classified as sales transactions (CONDO-COOP, etc.) rather than RESIDENTIAL RENTAL classifications. Yesterday's exceptional 15-property report showed robust new development activity that likely continues despite today's limited data visibility.

Work With Us

At the heart of every successful real estate transaction is a team dedicated to achieving results and exceeding client expectations. Marc Brenner and Matthew Gray bring together years of experience, market expertise, and a client-first approach to help you navigate the complexities of buying, selling, or investing in real estate.

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