Jersey City and Hoboken Waterfront Condos on the Rise

Photo by Walter Burns (check out his blog Living on the Hudson)
CC BY 2.0

A recent article in the Jersey Journal about Jersey City and Hoboken waterfront condos seems to indicate more positive news for the local real estate market.

The average list price of a Jersey City or Hoboken waterfront condo is now a whopping $700,000, way up from the 2011 average list price of $557,000.

In related news, The Jersey City Life recently reported a 77 Hudson penthouse condo has been listed for $3 million, even higher than the record-breaking $2.8 million sale in the same building this past October.