Sub-Neighborhood Profile
Powerhouse
Data-driven profile of Powerhouse, Jersey City. 2,321 properties, median sale $987,000. Updated 2026.
2,321Properties
$987,000Median Sale (2023-26)
$899,585Avg Assessment
2012Avg Year Built
$1192Price/SqFt (2025)
$987,000
Median Sale Price
+-49%
Price/SqFt since 2015
$2333 → $1192
902
Sales since 2020
62.4%
Assessment-to-Sale Ratio
Sell 38% above assessed
$21,374
Avg Annual Tax
2.38%
Effective Tax Rate
Price per Square Foot Trend
Price / SqFt by Year
+-49% over 11 yearsPrice per sqft normalizes for building size and filters out portfolio-sale outliers.
Height = price per sqft (max = $2333 in 2015)
Price/SqFt vs General Inflation
+-84% real gainBoth indexed to 100 in 2015. Property prices grew -1.4× faster than CPI.
Price/sqft (+-49%)
US CPI inflation (+36%)
Show full sale data table
| Year | Sales | Avg Price | Price/SqFt |
|---|---|---|---|
| 2015 | 56 | $1.8M | $2333 |
| 2016 | 145 | $769,920 | $940 |
| 2017 | 56 | $896,674 | $913 |
| 2018 | 89 | $837,682 | $911 |
| 2019 | 129 | $1.1M | $1030 |
| 2020 | 60 | $827,769 | $864 |
| 2021 | 87 | $905,998 | $916 |
| 2022 | 86 | $937,130 | $988 |
| 2023 | 88 | $869,702 | $1045 |
| 2024 | 307 | $1.0M | $1066 |
| 2025 | 120 | $1.0M | $1192 |
| 2026 | 8 | $1.1M | $1015 |
Property Composition
Property Class Mix
Condo vs Non-Condo
1,346 condos (58%)
975 non-condo (42%)
Building Stock
Building Age Distribution
Size Distribution
Top Streets
Top Streets by Property Count
| Street | Properties | Avg Assessment | Avg Sale | Sales (2020+) |
|---|---|---|---|---|
| Bay St | 594 | $682,748 | $1.1M | 354 |
| Washington St | 572 | $499,088 | $858,468 | 150 |
| Provost St | 506 | $592,149 | $1.2M | 235 |
| First St | 328 | $1.2M | $842,381 | 73 |
| Second St | 173 | $919,936 | $902,688 | 49 |
| Morgan St | 92 | $4.3M | $6.0M | 22 |
| Steuben St | 42 | $849,373 | $697,857 | 14 |
| Marin Blvd | 11 | $1.1M | $596,507 | 4 |
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64,826 properties indexed · Free preview · Full report $9.99
Recent Sales
2024–2026Real transactions from Hudson County records. Click any property to look it up.
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$246.0M
160 Morgan St
417-unit · Built 2015
Powerhouse
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$53.5M
107 Morgan St
Vacant Land
Powerhouse
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$2.8M
43 Provost St
Condo · Built 2023 · 1,738 sqft
Powerhouse
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$2.3M
155 Bay Street
259-unit · New construction 2024 · 1,446 sqft
Powerhouse
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