Downtown
Median home sale: $925K. Average tax: $31,668/year. Prices per square foot down 25% since 2015. 19,822 properties with real tax and sale data. Updated 2026.
History & Character
Downtown Jersey City is the city's commercial and residential heart, stretching from the Hudson River waterfront to the railroad cuts that once defined its western edge. The area's transformation from a decaying industrial waterfront into one of the New York metro's hottest real estate markets is one of the great urban revival stories of the past 30 years. Neighborhoods like Paulus Hook, Van Vorst Park, and Hamilton Park — once gritty post-industrial zones — are now among the most expensive ZIP codes in New Jersey. The Goldman Sachs tower (1999) and subsequent office and residential towers along the waterfront created a second skyline visible from Manhattan, while PATH train access makes it a genuine commuter alternative to Brooklyn. The building stock ranges from historic brownstones in the landmarked districts to 50-story glass towers along the waterfront, with median sale prices reflecting that spectrum.
16 Distinct Sub-Markets
19,822 properties totalClick any card to explore its full report.
Price / SqFt by Year
+-47% over 11 yearsPrice per sqft normalizes for building size and filters out portfolio-sale outliers.
Price/SqFt vs General Inflation
+-83% real gainBoth indexed to 100 in 2015. Property prices grew -1.3× faster than CPI.
Show full sale data table
| Year | Sales | Avg Price | Price/SqFt |
|---|---|---|---|
| 2015 | 540 | $2.1M | $1878 |
| 2016 | 651 | $778,968 | $796 |
| 2017 | 702 | $871,117 | $812 |
| 2018 | 658 | $924,367 | $857 |
| 2019 | 692 | $900,955 | $818 |
| 2020 | 871 | $982,080 | $957 |
| 2021 | 1197 | $915,057 | $827 |
| 2022 | 1056 | $1.0M | $949 |
| 2023 | 716 | $994,997 | $918 |
| 2024 | 1028 | $1.0M | $940 |
| 2025 | 912 | $1.0M | $987 |
| 2026 | 150 | $985,582 | $865 |
| 2028 | 1 | $881,000 | $1136 |
| 2029 | 2 | $905,000 | $837 |
Property Class Mix
Condo vs Non-Condo
Building Age Distribution
Size Distribution
Top Streets by Property Count
| Street | Properties | Avg Assessment | Avg Sale | Sales (2020+) |
|---|---|---|---|---|
| Hudson St | 1,887 | $1.5M | $2.2M | 761 |
| Marin Blvd | 1,802 | $448,321 | $934,448 | 342 |
| Second St | 1,617 | $791,988 | $832,949 | 416 |
| Morgan St | 951 | $804,431 | $1.1M | 270 |
| Washington St | 767 | $772,088 | $1.1M | 211 |
| Bay St | 643 | $948,272 | $1.1M | 373 |
| Grove St | 619 | $865,512 | $872,293 | 193 |
| First St | 548 | $1.0M | $868,224 | 155 |
| Shore Ln | 517 | $560,418 | $899,469 | 143 |
| Provost St | 508 | $598,111 | $1.2M | 235 |
Recent Sales
2024–2026Real transactions from Hudson County records. Click any property to look it up.
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