Journal Square, NJ Housing Market

The Journal Square housing market is somewhat competitive. Homes in Journal Square receive 3 offers on average and sell in around 33 days. The median sale price of a home in Journal Square was $550K last month, down 6.8% since last year. The median sale price per square foot in Journal Square is $483, up 8.4% since last year.

Journal Square Housing Market Trends

What is the housing market like in Journal Square today?

In July 2024, Journal Square home prices were down 6.8% compared to last year, selling for a median price of $550K. On average, homes in Journal Square sell after 33 days on the market compared to 32 days last year. There were 35 homes sold in July this year, down from 43 last year.

Median Sale Price -6.8% year-over-year # of Homes Sold -18.6% year-over-year Median Days on Market +1 year-over-year All Home Types 1 year 3 years 5 years Median Sale Price Median Sale Price (All Home Types) -6.8% YoY | Jul 2024 Based on Redfin calculations of home data from MLS and/or public records. Journal Square, NJ United States

To compare other locations to the Journal Square and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Jersey City add value to a home.

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How hot is the Journal Square housing market?

Journal Square is somewhat competitive. Homes sell in 29 days. Somewhat Competitive Redfin Compete Score ™

The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.

Calculated over the last 3 months

Sale-to-List Price -0.82 pt year-over-year Homes Sold Above List Price +8.0 pt year-over-year Homes with Price Drops -- year-over-year All Home Types 1 year 3 years 5 years Sale-to-List Price Sale-to-List Price (All Home Types) -0.82 pt YoY | Jul 2024 Based on Redfin calculations of home data from MLS and/or public records. Journal Square, NJ United States

Home offer insights for Journal Square

Explore recent offers and recently sold homes in Journal Square

Recent offers

View houses in Journal Square that sold recently

Recently sold homes

Photo of 175 VAN WINKLE Ave, Jersey City, NJ 07306

SOLD SEP 6, 2024 $1,248,360 Last Sold Price 175 VAN WINKLE Ave, Jersey City, NJ 07306 (201) 630-0025 List Price Sale to List 19% over list Days on Market 175 VAN WINKLE Ave, Jersey City, NJ 07306

Photo of 50 Dey St #461, Jersey City, NJ 07306

SOLD AUG 30, 2024 $590,000 Last Sold Price 1,240 sq ft 50 Dey St #461, Jersey City, NJ 07306 EXP Realty, LLC Outside Office List Price Sale to List 0% over list Days on Market 50 Dey St #461, Jersey City, NJ 07306

Photo of 47 WASHBURN St #101, Jersey City, NJ 07306-1718

SOLD AUG 30, 2024 $475,000 Last Sold Price 47 WASHBURN St #101, Jersey City, NJ 07306-1718 (973) 378-8300 List Price Sale to List 0% over list Days on Market 47 WASHBURN St #101, Jersey City, NJ 07306-1718

Photo of 769 MONTGOMERY St #203, Jersey City, NJ 07306

SOLD AUG 30, 2024 $375,000 Last Sold Price 769 MONTGOMERY St #203, Jersey City, NJ 07306 (201) 659-8600 List Price Sale to List 4% under list Days on Market 769 MONTGOMERY St #203, Jersey City, NJ 07306

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SOLD AUG 30, 2024 $715,000 Last Sold Price 165 LIBERTY Ave, Jersey City, NJ 07306 (201) 445-4300 List Price Sale to List 2% over list Days on Market 165 LIBERTY Ave, Jersey City, NJ 07306

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SOLD AUG 30, 2024 $1,380,000 Last Sold Price 816 PAVONIA Ave, Jersey City, NJ 07306 (866) 201-6210 List Price Sale to List 9% under list Days on Market 816 PAVONIA Ave, Jersey City, NJ 07306

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SOLD AUG 29, 2024 $343,000 Last Sold Price 2787 KENNEDY Blvd Unit 307A, Jersey City, NJ 07306 (201) 222-2900 List Price Sale to List 1% under list Days on Market 2787 KENNEDY Blvd Unit 307A, Jersey City, NJ 07306

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SOLD AUG 29, 2024 $1,150,000 Last Sold Price 1,640 sq ft 109 WALDO Ave, Jersey City, NJ 07306 (201) 610-1010 List Price Sale to List 10% over list Days on Market 109 WALDO Ave, Jersey City, NJ 07306 See all recently sold homes in Journal Square . See listings

Schools in Journal Square

Learn about schools in the Journal Square area GreatSchools Rating Dr. Michael Conti School Public • PreK-8 11 reviews Jotham W. Wakeman No. 6 Elementary School Public • PreK-5 Joseph H. Brensinger No. 17 Elementary School Public • PreK-8 Martin Luther King, Junior No. 11 Elementary School Public • PreK-8 10 reviews Patricia M. Noonan School PS #26 Public • PreK-5 Only showing 5 of 7 elementary schools.

School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.

Climate's impact on Journal Square housing

Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Journal Square.

Flood Factor - Minor

9% of properties are at risk of severe flooding over the next 30 years

Flood Factor

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Journal Square has a minor risk of flooding. 335 properties in Journal Square are likely to be severely affected

by flooding over the next 30 years. This represents 9% of all properties in Journal Square . Flood risk is increasing slower than the national average.

Fire Factor - Minimal

<1% of properties are at risk of wildfire over the next 30 years

Fire Factor

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Overall, Journal Square has a minimal risk of wildfire impacting the community over the next 30 years.

Wind Factor - Major

100% of properties are at major risk of a severe wind event over the next 30 years

Wind Factor

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Journal Square has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Journal Square is most at risk from hurricanes . 6,321 properties in Journal Square have some risk of being in a severe wind event within the next 30 years.

Wind likelihood over time

If an exceedingly rare windstorm (a 1-in-3,000 year storm event)

occurred today, it could cause wind gusts of up to 81 mph . In 30 years, an event of this same likelihood would show increased wind gusts of up to 93 mph .

Heat Factor - Severe

100% of properties are at severe risk of heat over the next 30 years

Heat Factor

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Journal Square has a severe risk from heat. This is due to "feels like" temperatures increasing, and because 100% of homes in Journal Square have a Severe Heat Factor® .

Journal Square is expected to see a 128 % increase in the number of days over 99 ºF over the next 30 years. Journal Square is expected to experience 8

this year, and 16 days above 99 ºF in 30 years. Provided by First Street Foundation

Transportation in Journal Square

Learn about the walkability, bikeability, and transit-friendliness of Journal Square Walker's Paradise

Walk Score ®

Excellent Transit

Transit Score ®

Bike Score ®

More real estate resources for Journal Square

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