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Jersey City, NJ Overview

The thriving metropolis of Jersey City serves as the hub of an enormous transportation wheel connected by mass transit, vehicular tunnels, motor carriers, a nearby international airport, and a modern container port. Jersey City provides all the friendliness of a small town in a major urban center with an unparalleled multi-ethnic appeal. Revitalization and renewal efforts have focused on the scenic waterfront area, transforming into “New Jersey’s Gold Coast," an important center for commercial enterprise and financial services. The recreational amenities in this area are well-developed, crowned by Liberty State Park with its spectacular science center, musical concerts, and other special events. Transportation efficiencies are provided by the New Jersey Turnpike and other major thoroughfares as well as bus or train service to New York City and regional key destinations.

Summary

Population Growth (since 2000)	15%
Population Density (ppl / mile)	18,717.00
Household Size (ppl)	2.493
Households w/ Children	27%

Housing Stability

Annual Residential Turnover	0%
5+ Years in Residency	20%
Median Year in Residency	2.23

Housing Inventory

Market Overview

1309 listings with an estimated median price of $759,000

Price	Count
$0 - 100K	12
$100K - 200K	12
$200K - 300K	46
$300K - 400K	96
$400K - 500K	125
$500K - 600K	127
$600K - 700K	171
$700K - 800K	144
$800K - 900K	129
$900K - 1M	100
$1M - Max	347

Property Type	Count
Single Family	133
Condo	707
Commercial	49
Rental	988
Lots and Land	34
CoOp	6
Multi Family	380

(Data as of 4/26/2024)

Population Demographics

The population of the community broken down by age group. The numbers at the top of each bar indicate the number of people in the age bracket below.

Total: 276,709

Households:109,860

Median Age: 37.13

Climate and Weather

The Temperature chart displays average high and low values for January and July, and is designed to provide an indication of both seasonal and daily temperature variability. The Weather Risk Index indicates the calculated risk of each type of weather event occurring in the future. This risk is based on historical localized storm events and weather patterns. The national average for each type of weather event equals a score of 100, so a score of 200 would represent twice the risk as the national average, and a score of 50 would represent half the risk of the national average.

Temperature (degrees F)

Weather Risk

Education

The Community Educational Index chart is based on the U.S. Census Bureau's Socioeconomic Status (SES) elements. Factors used in creating the index below are income, educational achievement, and occupation of persons within the selected ZIP code. Since this index is based on the population of an entire Zip code, it may not reflect the nature of an individual school.

Education Climate Index

Highest Education Level Attained

Employment and Finance

Workforce

Income by dollar range (Median Income: $68,187)

Fair Market Rents

The Fair Market Rents show average gross rent estimates based on figures provided by the U.S. Department of Housing and Urban Development (HUD).

Studio: $1,151
One Bedroom: $1,278
Two Bedroom: $1,519
Three Bedroom: $1,946
Four Bedroom: $2,094

Smoking Ban

The Smoking Ban data indicates whether an area has a smoking ban in place for workplaces, restaurants or bars. This information represents that of the search area and may not reflect that of the whole County or State.

Workplaces: Yes
Restaurants: Yes
Bars: Yes

Crime

The Crime Index compares the risk or probability of future occurrence of certain types of crime in this community as compared to the national average. The national average for each type of crime equals a score of 1.0, so a score of 2.0 would represent twice the risk as the national average, and a score of 0.50 would represent half the risk of the national average.