Is Jersey City a good real estate investment?
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Is Jersey City a good real estate investment? WalletHub ranks Jersey City among the top markets for buying real estate based on 24 key criteria such as strength of the economy, job growth, median home-price appreciation, and sales turnover.
Is Jersey City a good place to buy a home? Thankfully, Jersey City tends to rank well in terms of both safety and affordability. However, keep in mind that, like most cities, how safe and affordable an area depends on the part of town you’re in. This means it’s important to do your research before committing to a community.
Is Jersey City a buyers market? Jersey City, NJ is a buyer’s market in June 2022, which means that the supply of homes is greater than the demand for homes.
Is New Jersey real estate worth it? Jersey City real estate has appreciated by 119.82 percent over the last decade, equivalent to an average annual appreciation rate of 8.19 percent, placing Jersey City in the top ten percent of all cities nationally in terms of real estate appreciation.