Why Live in Downtown Jersey City
Downtown Jersey City offers a blend of urban living with a close-knit community feel, characterized by its historic charm and modern renovations. The neighborhood features a mix of brick row houses and brownstones, many dating back to the Civil War, alongside newly constructed condos. The area is known for its diverse dining options, with Newark Avenue serving as a hub for international cuisine, including Middle Eastern, Caribbean, and Vietnamese restaurants. Notable spots include Pet Shop, a vegan restaurant and bar, and Razza, famed for its pizza. The local grocery scene includes Key Food, and there are convenient shopping options near Grove Station, such as Walgreens and Starbucks. The neighborhood hosts several annual events, including the Jersey City Art and Studio Tour, the Jersey City Jazz Festival, and the Downtown Street Fair, which features live music and artisan vendors. Parks like Hamilton Park and Van Vorst Park cater to different lifestyles, with Hamilton Park being family-friendly and Van Vorst Park attracting young professionals. McNair High is highly rated, adding to the appeal for families. The area is safer than the national average, making it a comfortable place for residents to be out and about. Commuting is convenient with multiple PATH train stops, including Grove Station, which offers a quick 6-minute ride to the World Trade Center, as well as ferry and car options via the Holland Tunnel. The walkable streets further enhance the urban experience, making Downtown Jersey City a practical choice for those moving from Manhattan.
Frequently Asked Questions
Is Downtown Jersey City a good place to live?
Downtown Jersey City is a good place to live. Downtown Jersey City is considered very walkable and bikeable with great transit options. Downtown Jersey City is an urban core neighborhood with a crime score of 4, on par with the average neighborhood in the U.S. Downtown Jersey City has 6 parks for recreational activities. It is very dense in population with 43.2 people per acre and a median age of 37. The average household income is $147,161 which is above the national average. College graduates make up 69.7% of residents. A majority of residents in Downtown Jersey City are renters, with 75.5% of residents renting and 24.5% of residents owning their home. A
local real estate agent serving Downtown Jersey City can help you decide if this neighborhood is the right one for you. Learn more on our
Downtown Jersey City neighborhood guide.
Is Downtown Jersey City, NJ a safe neighborhood?
Downtown Jersey City, NJ is a safe neighborhood and is on par with the average neighborhood in the United States. It received a crime score of 4 out of 10.
How much do you need to make to afford a house in Downtown Jersey City?
The median home price in Downtown Jersey City is $799,000. If you put a 20% down payment of $159,800 and had a 30-year fixed mortgage with an interest rate of 6.56%, your estimated principal and interest payment would be $4,070 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $174K a year to afford the median home price in Downtown Jersey City. The average household income in Downtown Jersey City is $147K.
What are the best public schools in Downtown Jersey City?
The best public schools that serve Downtown Jersey City are:
What are the best private schools in Downtown Jersey City?
The best private schools that serve Downtown Jersey City are:
What are the most popular zip codes in Downtown Jersey City, Jersey City, NJ?
What are the most popular neighborhoods near Downtown Jersey City, Jersey City, NJ?
Are home prices dropping in Downtown Jersey City?
Yes, home prices in Downtown Jersey City are down 2% in the last 12 months.
Home Trends in Downtown Jersey City, NJ
On average, homes in Downtown Jersey City, Jersey City sell after 42 days on the market compared to the national average of 52 days. The median sale price for homes in Downtown Jersey City, Jersey City over the last 12 months is $795,000, down 9% from the median home sale price over the previous 12 months.
Median Sale Price
$795,000
Median Single Family Sale Price
$1,250,000
Median Townhouse Sale Price
$742,500
Median 2 Bedroom Sale Price
$840,000
Median 1 Bedroom Sale Price
$540,000
Average Price Per Sq Ft
$779
Number of Homes for Sale
123
Last 12 months Home Sales
358
Median List Price
$799,000
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
-9%
