Jersey City, NJ
Full City Profile · New Jersey · Hudson County County
4.2
/5.0
A
Great
289,691
Population
19,640/sq mi density
$94,813
Median Income
$57,746 per capita
$534,500
Home Value
$657,765 Zillow
$1,902
Median Rent
27.0% income on rent
56°F
Avg Temperature
A
Overall
4.2 / 5.0
Strong
A
Economy
4.0 / 5.0
$94,813 median income, 5.8% unemployment
B
Affordability
3.5 / 5.0
$534,500 home value, $1,902/mo rent
A+
Education
5.0 / 5.0
53.1% bachelor's degree or higher
Housing Overview
Median Home Value
$534,500
90% above
US avg: $281,900
Median Rent
$1,902/mo
64% above
US avg: $1,163/mo
Homeownership Rate
28.8%
56% below US avg (65.4%)
Total Housing Units
129,084
Median year built: 1968
Home Value by Source
Census Median
$534,500
Zillow (ZHVI)
$657,765
Redfin Median Sale
$799,500
Median Sale Price
$799,500
Median List Price
$777,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
28.8%
Owner-Occupied
71.2%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$1,599/mo
1 Bedroom
$1,759/mo
2 Bedroom
$2,132/mo
3 Bedroom
$2,658/mo
4 Bedroom
$3,005/mo
Census median rent:
$1,902/mo
· Zillow rent:
$3,048/mo
Market Indicators (Redfin)
Median Sale Price
$799,500
Median Days on Market
69 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
130
Price Drops
12.2%
of listings with price reduction
Price Per Sq Ft
$566
Active Inventory
566
homes for sale
Affordability & Housing Stock
Rent Burden
27.0%
of renters spending 30%+ of income on housing
13% below US avg (31.0%)
Median Year Built
1968
Average age of housing stock: 58 years
Homeownership Rate
28.8%
Complete Housing Data
Home Values
| Census Median Value | $534,500 |
| Zillow Home Value (ZHVI) | $657,765 |
| Redfin Median Sale | $799,500 |
| Median Sale Price | $799,500 |
| Median List Price | $777,000 |
| Price Per Sq Ft | $566 |
Rent
| Census Median Rent | $1,902 |
| Zillow Rent (ZORI) | $3,048 |
| FMR Studio | $1,599 |
| FMR 1-Bedroom | $1,759 |
| FMR 2-Bedroom | $2,132 |
| FMR 3-Bedroom | $2,658 |
| FMR 4-Bedroom | $3,005 |
Market
| Days on Market | 69 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 12.2% |
| Homes Sold | 130 |
| Active Inventory | 566 |
| Price Per Sq Ft | $566 |
Ownership & Stock
| Owner-Occupied | 28.8% |
| Renter-Occupied | 71.2% |
| Homeownership Rate | 28.8% |
| Total Housing Units | 129,084 |
| Median Year Built | 1968 |
| Rent Burden | 27.0% |