Zip 07302 (Jersey City, NJ) Housing


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The housing market in 07302 Jersey City, NJ is an active and appreciated market. According to the median value of homes in the area, it is $789,300, which is higher than the US median home value of $338,100. Additionally, house values here have seen a 1 year appreciation rate of 8.22%, slightly lower than the US 1 year appreciation rate of 8.27%. This indicates that the housing market in this area is a strong market with potential for growth and savvy home buyers should consider this location for their next investment.

The median home cost in Jersey City (zip 07302) is $789,300. Home appreciation the last 10 years has been 62.6%. Home Appreciation in Jersey City (zip 07302) is up 10.8%.

Average Age of Homes
- The median age of Jersey City (zip 07302) real estate is 44 years old
The Rental Market in Jersey City (zip 07302)
- Renters make up 60.0% of the Jersey City (zip 07302) population
- 4.2% of houses and apartments in Jersey City (zip 07302), are available to rent

DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

   Housing by Year Built

  HousingJersey City, New JerseyUnited States
  27,798.0139,647,020.0
  3142
  $789,300$338,100
  10.8%16.6%
  36.0%57.0%
  62.6%101.1%
  $20.85$10.98
  $10,001$2,690
  24.6%57.4%
  9.1%11.2%
  66.4%31.4%
  Vacant Housing
  4.2%1.9%
  0.9%0.4%
  0.2%0.7%
  1.0%0.4%
  1.2%3.6%
  1.6%4.1%
  Value of Owner-Occupied Housing
  0.2%2.6%
  0.0%2.4%
  0.2%2.8%
  0.1%3.9%
  0.2%4.5%
  0.7%11.3%
  0.3%13.0%
  2.7%20.1%
  5.5%13.6%
  6.8%8.3%
  34.0%9.7%
  21.0%3.9%
  17.8%2.2%
  6.1%0.8%
  4.3%1.1%
  Housing Units by Year Structure Built
  0.0%0.2%
  22.5%13.6%
  22.5%13.6%
  6.6%13.6%
  6.8%13.2%
  6.2%14.8%
  6.6%13.6%
  3.5%10.0%
  2.2%4.7%
  25.6%12.2%
Reviews for Jersey City
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Streets are safe in the local area, though there are less safe areas within 5 blocks. Good food, many nationalities, we are renting a condo at the end of Marin Blvd just  More

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Formerly one of the best kept secrets in the New York metro area, the Grove Street neighborhood of Jersey City, NJ benefited from low crime, the lowest cost of living  More

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