Market report · NJ

Jersey City, NJ

Balanced's market

Jersey City's market is in transition: -0.9% YoY, median DOM 57 days. Selective deals only.

DATA · Zillow Research (via scrape.do) · AS OF APRIL 2026

$665k
Typical home value
↑9.8%
-0.9%
YoY change
$3,117
Median rent
↑8.5%
5.63%
Gross yield
57
Median DOM
63/100
MDR score
Detail Value Detail Value
Median list price $704,000 Median sale price $678,083
Sale-to-list ratio % sold below list
Active inventory 612 New listings 198
Trends · 36-month series

How Jersey City has moved.

Typical home value $606k → $665k · ↑9.8% (36mo)
$606k $628k $650k $672k May 23Nov 24Apr 26
Median rent (ZORI) $3k → $3k · ↑8.5% (36mo)
$3k $3k $3k $3k May 23Nov 24Apr 26
Median days on market 0d → 57d · ↑0.0% (36mo)
0d 19d 38d 57d Feb 26Mar 26Apr 26
Sale-to-list ratio 0.000 → 0.000 · ↑0.0% (36mo)
0.000 0.333 0.667 1.000 Jan 26Feb 26Mar 26

Jersey City sits at a median home value of $664,939 as of the latest Zillow read, essentially flat year-over-year, which historically is the most workable environment for disciplined wholesalers.

The sale-to-list ratio of 1.000 signals a balanced market — neither bid wars nor fire sales dominate. 0.0% of closings land below list, leaving room to negotiate on the right deal but no broad discount across the board.

Rents are workable but not generous. ZORI of $3,117/mo against a $665k median gives a 5.63% gross yield — average for the metro tier, requiring tight underwriting on any hold.

Median days-on-market is running around 57 days against 612.333 active listings. Pace is moderate — neither chaos nor stagnation. Standard wholesaling cadences work here.

MDR’s composite investor score for Jersey City is 63/100 based on rent yield, sale-to-list discount, motivated-seller proxies, and DOM. Solid mid-tier. A disciplined operator can build a real book here; a tourist will get hurt.

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FAQ

Jersey City for investors.

Is Jersey City a good market for real estate investors in 2026?

Metro Deal Report's composite investor score for Jersey City is 63/100, based on rent yield, sale-to-list ratio, motivated-seller proxies, and days on market. Jersey City is a solid mid-tier market — workable for disciplined operators but not a top-of-list pick.

What is the median home price in Jersey City?

The typical home value in Jersey City as of the most recent Zillow read is $664,939. Median list price is $704,000 and median sale price is $678,083. Year-over-year change: -0.9%.

What can a landlord expect to rent a property for in Jersey City?

Zillow's Observed Rent Index for Jersey City is $3,117/mo. Against the typical home value of $665k, that produces a gross annual rent yield of 5.63% — right at the national baseline, requiring tight underwriting on holds.

Is Jersey City a buyer's or seller's market?

Jersey City's current sale-to-list ratio is 1.000 with 0.0% of homes closing below list. That's a balanced market — neither side dominates. Median days on market: 57 days. Active inventory: 612 listings.

Which investment strategy works best in Jersey City?

Jersey City's data favors a mixed approach — no single strategy dominates, so selective deal sourcing wins. See the per-strategy breakdowns at /wholesaling/jersey-city, /brrrr/jersey-city, and /flipping/jersey-city.

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