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  4. /Jersey City, NJ - 07310

Jersey City, NJ—07310

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$1,017,000
N/A
Household Income
$173,000
12.6% YoY Growth
Days on Market
38
28.0% Shorter YoY
Home Price Forecast
1.3%
Median Rent
$3,960
4.5% YoY Growth
1-Bed Rent
$3,800
5.8% YoY Growth
2-Bed Rent
$4,780
2.7% YoY Growth
3-Bed Rent
$5,890
0.5% YoY Growth

Other Zip Codes in Jersey City, NJ

0730707305073060730407302
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Jersey City, NJ

Jersey City, NJ lacks sufficient home price data for analysis.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$1,017,000N/A
Single Family N/AN/A
Condos $1,014,00015.4%

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
$730,0009.0%

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  • Affordability
  • Rentals and Section 8
    • 2 Bed
    $1,109,000
    6.8%
    3 Bed
    		N/AN/A
    4 Bed
    		N/AN/A
    5 Bed N/AN/A
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    % of Housing Stock

    Studio
    13.8%
    1 Bedroom
    40.9%
    2 Bedrooms
    33.4%
    3 Bedrooms
    11.4%
    4 Bedrooms
    0.6%

    Rental Trends — Jersey City, NJ

    As of July '25, Rentcast reports the average rent in Jersey City, NJ is $4,230, with a year-over-year rent change of -4.5%. Per bedroom, the median rent as of July '25 in Jersey City, NJ is studios: $3,160, 1-bedrooms: $3,850, 2-bedrooms: $4,920, 3-bedrooms: $5,900. The most common rental property sizes in Jersey City, NJ are 1-bedroom and 2-bedroom, accounting for 36.6% and 35.0% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$3,960$4,230
    Studio Rent $3,060$3,160
    1 Bed Rent $3,800$3,850
    2 Bed Rent $4,780$4,920
    3 Bed Rent $5,890$5,900
    4 Bed Rent N/AN/A
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    % of Rental Stock

    Studio
    16.2%
    1 Bedroom
    36.6%
    2 Bedrooms
    35.0%
    3 Bedrooms
    11.9%
    4 Bedrooms
    0.2%

    Property Listings — Jersey City, NJ

    As of May '26, Realtor.com reports that the median days on market for a home in Jersey City, NJ is 38. This is a decrease of -28.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 14.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$950,00012.0%
    Listing Count
    		5742.0%
    Listings as % of Homes0.3%42.0%
    Days on Market
    		38-28.0%
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    Demographics — Jersey City, NJ

    As of the latest ACS Survey released in 2023, Jersey City, NJ has a population of 14,600, which has increased by 14.9% over the past 5 years. Jersey City, NJ is a less popular place for families, as children make up 9.5% of the population. The area has a highly educated workforce, with 87.6% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 37.9% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		14,60014.9%
    % Under 18
    		9.5%-10.4%
    % Seniors
    		3.2%23.1%
    % WFH
    		37.9%689.6%
    % w/ College Degree
    		87.6%-0.3%
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    As of the latest ACS Survey released in 2023, Jersey City, NJ is a predominantly asian area, with 56.7% of the population identifying as asian. The asian population has shrunk by 11.5% in the last 5 years. The second most common race or ethnicity in Jersey City, NJ is white, making up 25.1% of the population. Foreign-born residents account for 61.2% of the population in Jersey City, NJ, and this percentage has decreased by 4.4% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		25.1%17.8%
    % Black
    		4.7%17.5%
    % Hispanic
    		8.1%22.7%
    % Asian
    		56.7%-11.5%
    % Foreign Born
    		61.2%-4.4%
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    Mortgage and Risk — Jersey City, NJ

    According to HUD data as of 2023, there were 52 mortgage originations in Jersey City, NJ, of which 98.0% of loans were conventional mortgages. The average loan-to-value was 66.0%, with 4.0% above 90% LTV (normal). This implies small mortgage risk in Jersey City, NJ. Investor activity is low, as 2.0% of loans were by investors. 0.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		52
    % Conventional Loans
    		98.0%
    % Government Loans
    		2.0%
    % Investor Loans
    		2.0%
    % Second Loans
    		0.0%
    % Cash Out Refinance
    		0.0%
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    Rentals and Section 8 — Jersey City, NJ

    Jersey City, NJ lacks sufficient Section 8 program data for analysis.

    Section 8 Market Size

    Total Units under HUD
    		212
    Total Units Section 8
    		23
    % Rentals under Section 8
    		0.1%
    % Occupied Section 8
    		89.0%

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 Bedroom-$760$3,800$3,040
    2 Bedroom-$1,330$4,780$3,450
    3 Bedroom-$1,650$5,890$4,240
    4 BedroomN/AN/A$4,830

    Affordability — Jersey City, NJ

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio4.8
    Median Home Price$1,017,000
    Median Household Income$173,000

    Jersey City, NJ — ZIP Code Boundary Map

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    Nearby ZIP Codes

    Rockefeller Park, NJ

    07311

    Jersey City, NJ

    07302

    Hoboken, NJ

    07030

    Battery Park City (North), New York, NY

    10282

    Battery Park City (City), New York, NY

    10280

    Frequently Asked Questions