Real Estate In Jersey City, NJ

Jersey City Real Estate

  • About

  • History

  • Location

  • Things to do

  • Demographics

  • Culture

  • Schools

  • FAQ

Real Estate In Jersey City, New Jersey

Home to the Statue of Liberty, Jersey City is the second-most populous city in New Jersey, right after Newark. People want to move to Jersey City for various reasons including affordable housing, proximity to other urban areas like Manhattan, lenient tax laws, and numerous recreational activities. Jersey City continues to grow economically, offering numerous career opportunities to young professionals. Therefore, if you prefer to own real estate in the coastal regions, Jersey City should be among your top choices.

History

The Lenape tribes (Delaware Indian) occupied what is now Jersey City. While looking for an alternative route to East Asia, Henry Hudson stopped his small vessel at Sandy Hook, Harsimus Cove, and Weehawken Cove along the North River (Hudson River). During his stops, he surveyed the area and interacted with the inhabitants. In 1621, the Dutch West India Company began to manage the area. Michael Reyniersz Pauw received a land grant with the condition he populated the area with at least fifty people within four years. The land covered what is now Hoboken and Jersey City, but he failed to bring in tenants in the area and was forced to sell the land back in 1633. Communities started to pop up in the area during the late 1660s. In 1804, Alexander Hamilton wanted to increase manufacturing in New York City. Created by Alexander Hamilton and other individuals, the Associates of the Jersey Company kickstarted the development of Jersey City. The Town of Jersey was incorporated on January 28, 1820, and became reincorporated as a city on January 23, 1829, becoming part of Hudson County. The city continued to grow until the 1970s when it experienced a period of urban decline. Many rich residents left the city because of rising high crime levels, political corruption, and civil unrest. Economic and population growth returned to the city in the 1980s due to the construction of many high-rise buildings. Jersey City started as a docking and manufacturing town, but its economy has become more diversified with new sectors such as finance and retail.

Things to do in Jersey City

One of the things you should do after buying real estate in Jersey City is to tour some of the best tourist attractions in the city. When you visit some of the tourist attractions, you get to know your new city well and learn about its history. Start by visiting the notable landmarks in the city, such as the Statue of Liberty National Monument, Ellis Island and Liberty Island, the Katyn Memorial, the Colgate Clock, the White Eagle Hall, and the Loew’s Jersey Theatre. Other interesting places include the Central Railroad, the Empty Sky Memorial, and Lincoln Park.
Because of its diverse population, you can find the best restaurants serving different cuisine from many countries and communities in the world. In Downtown Jersey City, you will find the best dining establishments, and you can try different foods from West Africa, Italy, Chinese, and Mexico, among many others. On Manila Avenue, you can find some of the best Filipino restaurants in the city, such as Red Ribbon, a popular bakery chain from the Philippines.
You can go jet-skiing at the New York Harbor if you love the outdoors. Hire a jet ski and head out into the sea to enjoy the waters. If the water activities are too much for you, you can enjoy a cool day at some of the parks in the city. You can go for a walk, run or picnic at any of the parks in the city, such as Riverview-Fisk Park. If you have children, you can take the Liberty Science Center, where they can learn about various subjects like the solar system and enjoy their day by riding the Dinosaur Train. You can also go shopping in some of the stores and shopping centers in the city.

Unreal real estate in Jersey City, NJ

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Map showing Jersey City

Location

One of the reasons you should consider buying real estate in Jersey City is its advantageous geographical location. Jersey City is located to the east of the Hudson River. The entire city is located on the Bergen Neck Peninsula, with New York Bay on the west and on the east; you will find Newark Bay and Hackensack River. When you look to the east of the Hudson River, you will see the Manhattan skyline. You can live in Jersey City, work in Manhattan, and commute by car, train, or bus.

Jersey City demographics

Jersey City is the second-most populous city in New Jersey and the most populous city in Hudson County. The city has numerous economic opportunities that keep attracting people to move to its neighborhoods. At the 2020 census, 292,449 people lived in Jersey City. Notably, the city is among the world's most ethnically diverse urban areas. The city is a major port of entry for immigrants to the United States. You can find different international communities in various neighborhoods in the city, such as Cuban, Nigerian, Kenyan, Filipino, Vietnamese, Arab and Chinese Americans, among many others.
Most of the jobs in the private sector in Jersey City are in the financial and services sectors. Many people also find employment in the people sector. The city is home to Verisk Analytics and Lord Abbett. The city also earns revenue from Port Jersey, an international freight transport facility located in the Port of New York and New Jersey. The median household income in Jersey City is $76,444. The city is also a great place to do business; therefore, if you move to the city and want to start your own business, you will succeed if you make the correct decisions. By 2012, the city had 23,681 firms, of which 13,600 were minority-owned and 9,196 were women-owned firms.

Arts in Jersey City

Mural in Spanish Harlem in New York City

Jersey City, New Jersey, has several museums dedicated to displaying art and other subjects. The Mana Contemporary is an art center that provides services and space for artists, collectors, curators, and the community. The Museum of Russian Art (MoRA) has many Russian art exhibits, especially Soviet Nonconformist Art. The city is home to one of the five Loew’s Wonder Theatres. The Loew’s Jersey Theatre, located in Journal Square, hosts numerous live performances and events and presents classic films. If you love art, you should consider buying real estate in Jersey City.
Jersey City usually hosts several annual events such as the Jersey City Art & Studio Tour (JCAST), Art Fair 14C, Your Move Modern Dance Festival, and JC Fridays, among others. The Hudson Shakespeare Company usually performs a free Shakespeare production for free each month during the summer in various parks across the city. Therefore, if you like Shakespeare, you can watch a free play in the nearest park to your home, such as Hamilton Park on 9th Street & Jersey Avenue. You can also attend music concerts, sporting events, and other entertainment acts that tour the city throughout the year.

Mural in Spanish Harlem in New York City

Schools in Jersey City

Before you purchase real estate in Jersey City, you need to know about its education system if you have school-going children or intend to have kids in the future. The Jersey City Public Schools operates the public schools in the city. There are 13 elementary schools, 14 Grammar schools, four middle schools, and eight high schools in the city. There are also private schools in the city, such as Saint Dominic Academy, Sacred Heart School, Kenmare High School, and Stevens Cooperative schools, among others. For post-secondary education, students in Jersey City usually attend New Jersey City University, Saint Peter’s University, Hudson County Community College, or other universities and colleges in nearby towns and cities.

Why Jersey City?

Jersey City, New Jersey, is a great place to live whether you are a single young professional, someone looking to raise a family, or someone looking for a place to retire. The city is constantly attracting new residents because of its low cost of living compared to nearby cities, great schools, favorable tax laws, transportation, and affordable housing. You can find different types of real estate for sale in Jersey City, New Jersey, in various neighborhoods in the city. If you have a high budget, you can buy a modern luxurious apartment in one of the high-rise buildings in the city. If you are on a low budget, you can find an affordable single home unit in one of the neighborhoods in the city, such as Bergen-Lafayette and Greenville.

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New York State required Standardized Operating Procedure for Purchasers of Real Estate Pursuant to Real Property Law 442-H

 

Information About Brokerage Services

 

By law commissions are negotiable and are not fixed by any state or federal law. Prices are subject to change without notice until orders are placed. Licenses: AL: 000101378, AR: PB00077285, AZ: PA625585000 (USRealty Brokerage Solutions, LLP), CA: 01527504 (Abode Technologies, Inc. dba USREALTY.com), CO: EC.100057478, CT: REB.0792629 dba USREALTY.com, DC: REO98368078, DE: RB-0020070 (USRealty Brokerage Solutions, LLP), FL: PR276107, GA: 59309, IL: 481.011765 (Derek Morgan, Broker: 471.012933), IN: RC51500105, KS: CO00002276, LA: 0912122514 (Loria Hamilton-Field, Broker: 0995690736), MA: 8079, MD: 6339, MI: 6502423008, MO: 2008005393, NC: C20101, NE: 20191146, NJ: 1971103, NM: 19525, NV: 1001436, NY: 10491207568, OH: REC.2015001793, OK: 152818, PA: RB066571, RI: REB.0018596, SC: 96085, TN: 261306, TX: 9000929 (Penelope Willhite, Broker: 237866), VA: 0225243285, WA: 9889 (USRealty Brokerage Solutions, LLP), WV: 004704-00 (David Sweeney, Broker: WVB190300552)

 

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