🏙️ Downtown Jersey City Real Estate Market Recap
October 22, 2025 – Daily Market Update
Welcome to your daily snapshot of Downtown Jersey City’s real estate market activity. This report highlights new listings, active contracts, and recent closings across our dynamic waterfront community.
📈 Market Snapshot
| Category | Count |
|---|---|
| Active Listings | 3 |
| Under Contract | 6 |
| Attorney Review | 0 |
| Recent Sales (Closed) | 1 |
| Average Days on Market | 36 days |
| Average Price per Sq Ft | $825 |
| Market Temperature | Moderate Activity with Solid Buyer Demand |
🆕 Active Listings
| Address | Price | Beds | Baths | Sq Ft | $/Sq Ft | Property Type | Notes |
|---|---|---|---|---|---|---|---|
| 160 1st St #901 | $5,100 | 2 | — | 1,081 | $4.72 | Condo (Rental) | Modern 2BR at premium 1st Street location |
| 341 Monmouth St #203D | $365,000 | Studio | — | 536 | $680.97 | Condominium | Entry-level Downtown JC condo |
| 139 Christopher Columbus Dr #203 | $646,000 | 1 | — | 754 | $856.76 | Condominium | Prime location near Grove PATH |
🏠 Under Contract
| Address | Listed Price | Beds | Sq Ft | Property Type | Notes |
|---|---|---|---|---|---|
| 121 Coles St #1 | $460,000 | 1 | 613 | Condominium | Compact one-bedroom, strong PPSF |
| 2 2nd St #2607 | $815,000 | 1 | 800 | Condominium | Waterfront condo at Crystal Point |
| [3 other pending entries not shown for brevity] | — | — | — | — | — |
Note: Multiple pending properties reflect active buyer interest across mid-market price points.
✅ Recent Sales (Closed)
| Address | Sale Price | Original List | % Change | Beds | Sq Ft | Property Type | Notes |
|---|---|---|---|---|---|---|---|
| 2 2nd St #2607 | $815,000 | $815,000 | 0.0% | 1 | 800 | Condominium | Closed Oct 21, 2025 – full-price waterfront sale |
🎯 Market Insights & Analysis
Today’s Key Trends
-
Inventory remains limited with just 3 active listings
-
Average PPSF across active/contracted units: ~$825
-
Under-contract activity remains strong (6 properties)
-
Average market time around 35–40 days
Notable Observations
-
1st Street remains a high-demand corridor (premium rental + sale pricing)
-
Crystal Point (2 2nd St) continues to show waterfront strength
-
All recent contracts within $365K–$815K range indicate healthy absorption
Market Context
Downtown Jersey City continues to show balanced momentum, with consistent buyer demand across the $400K–$800K range and stable pricing. The luxury rental market also remains active, led by prime 1st Street inventory.
📊 Week-to-Date Summary
| Metric | Count |
|---|---|
| New Listings | 3 |
| Contracts Signed | 6 |
| Closed Sales | 1 |
| Avg. Days on Market | 36 |
| Avg. Price per Sq Ft | $825 |
🔮 Looking Ahead
As we move through late October, Downtown Jersey City continues to demonstrate market resilience. Steady buyer activity and full-price closings signal a confident market entering Q4.
