Jersey City, NJ Real Estate

According to census data in the year 2000 there were 93,648 housing units in Jersey City. This represents a 3.2% growth from 90,723 in 1990.

Of those housing units, 93,648 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Jersey City is about 28.2%. Jersey City's vacancy rate, including seasonal lodging, is about 5.4%. Average household size is 2.67 people.

The majority of houses, apartments or condos in Jersey City were built after 1947.


Housing Size

Housing Units by Size
Studio Type6.30%
One Bedroom30.20%
Two Bedrooms34.10%
Three Bedrooms21.40%
Four Bedrooms4.70%
Five Bedrooms or more3.40%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size3.13
Median year structure was built1940
Median Value of occupied units$125,000
Median Price asked for vacant units$92,900

Rented Homes, Apartments and Condos

Average Household Size2.49
Median year structure was built1950
Median Monthly Rent asked for vacant units$663

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.10%
Second Mortgage8%
Home Equity Loan6.30%
Simple Mortgage56.60%
Debt Free29.10%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs23.9%