Jersey City City Report


Jersey City State : New Jersey

Jersey City is a stones throw away from Manhattan; the Hudson river and a 5 minute train ride are all that separates them. Jersey City has historically been a very poor and crime-ridden city, but that is all starting to change as Manhattan wealth and influence starts to creep further west. Jersey City tends to fly under the radar of most small time investors, but the big institutional funds have taken notice of the yields and the massive long term potential stemming from it’s proximity to Manhattan.


Cashflow Rating :
Appreciation Rating :
Population (MSA)
19,160,024 (Part of New York City MSA)
2015 Appreciation Rate
12.7%
Average Rent
$2,578USD/Month
Rental Vacancy Rate
4.5%
Homeownership Rate
50.8%
Persons per household
2.56

    Statistics for Single Family Homes and Condos in Jersey City, NJ

    Employment by Sector and Trends

    EmploymentSectorsJerseyCity   UnemploymentTextJerseyCity Note: Recessions shown in grey   EmploymentTextAtlanta   HouseholdIncomeTextJerseyCity
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