Saying Jersey City is “up and coming” is not only an understatement, it’s hardly accurate. Located a short train or ferry ride from Manhattan, Jersey City has been booming for years, and is a major financial hub with a thriving young professional and artistic community. Often referred to as New York’s 6th Borough, residents of Jersey City enjoy an NYC adjacent experience at a fraction of the cost with hip neighborhoods, trendy shopping districts, and an expansive light rail network for effortless transportation around the city with easy access to Manhattan. Thanks to its much lower cost of living, Jersey City is the perfect place to call home for anyone looking to live a Manhattan lifestyle while living on a reasonable salary. Jersey City Housing and Condos. Compared to New York City, the cost of living is much more approachable across the Hudson which is why Jersey City has increasingly become a popular destination. Much lower property values have helped Jersey City, the second most populous city in the state, become the fastest growing. Home values took a hard hit during the recession, but have rebounded and continue to climb as more people flock to Jersey City to avoid the high property values of NYC. Zillow places the median sale value of Jersey City homes and condos at $327,300 compared to $572,800 in New York City. A Jersey City Real Estate Overview from ZillowwRent to own in Jersey City, NJJersey City is a major financial hub and banking center with many corporations occupying Exchange Place, its renovated downtown riverfront district often referred to as “Wall Street West”. Companies include Chase, Citibank, Merrill Lynch, and UBS. Jersey City also has many shopping districts, friendly neighborhood small businesses, and the public school system is among the best. The 4th highest ranked school in the state is Jersey City’s own Dr. Ronald E. McNair Academic High. For potential residents looking for a perfect balance of the excitement of an urban epicenter with the appeal of small neighborhood charm and affordable living, Jersey City should be at the top of anyone’s list. Walk Score
Find more details on Jersey City's walkability on WalkScore's Jersey City, NJ page.
Latest Jersey City Real Estate and Business News Jersey City Independent: Neighborhood Spotlight: Bergen Hill Jersey City Independent: The Thirsty Quaker: Hudson County’s Only Homebrew Shop OpensJersey Journal: New Private School Opening in Jersey City Culture and Points of InterestJersey City is well known for its culture of art; Atlantic named Jersey City the 10th most artistic city in America. The city has a particularly high concentration of artists and performers. Jersey city has nearly finished construction of Berry Lane Park which will be the largest municipal park in the state. It’s also home to Liberty Island and the Statue of Liberty, one of the most famous landmarks in the world, and a beacon of Jersey City’s still bustling hub for immigration.