The Heights

Jersey City, NJ

Neighborhood Market Analysis

Q3 2025 Report
$810,000 (June 2025)
Median Home Price
High (Walk Score 90+)—most errands can be accomplished on foot.
Walkability Score
Public schools are average to above average; McNair Academic is highly rated and competitive.
School Rating

Location Overview

Neighborhood Boundaries

Roughly bounded by Paterson Plank Road to the south, the Palisade cliffs to the east, Secaucus Road to the north, and Tonnele Avenue to the west.

Zip Codes

07307

Market Data Summary

Price Range$330,000 (1BR condos) to $1,000,000+ (large multi-family or renovated townhomes)
Price per Sq Ft$558 (June 2025)
Inventory Levels98 homes for sale as of late May 2025; 35 new listings in May. Inventory has improved from previous years, but remains below pre-pandemic levels[5].

Property Characteristics

Home Types & Architecture

Home Types

Row housesTownhomesMulti-family (2-4 units)CondominiumsSingle-family homes

Architectural Styles

Pre-war brick rowhousesVictorianEdwardianModern renovations

Property Details

Typical Lot SizesSmall urban lots, often 1,200–2,500 sq ft
Home Age RangeLate 19th century to early 20th century, with some new construction and gut renovations
Construction QualityMix of historic charm and modern upgrades; older homes may require updates but many have been renovated to high standards.

Community Profile

Demographics & Lifestyle

Demographics

Diverse, with a mix of long-time residents, young professionals, families, and recent immigrants.

Community Vibe

Lively, close-knit, and eclectic; strong neighborhood identity with active block associations and local events.

Typical Residents

  • Young professionals
  • Families with children
  • Artists and creatives
  • Commuters to NYC

Family Friendly

Increasingly popular with young families due to parks, schools, and community feel.

Amenities & Lifestyle

Parks & Recreation

  • Riverview-Fisk Park (skyline views, farmers market)
  • Washington Park (sports fields, playgrounds)
  • Pershing Field (indoor pool, ice rink)

Dining Options

  • Diverse restaurants (Latin American, Indian, Italian, vegan, gastropubs)
  • Trendy cafes and bakeries

Shopping Centers

  • Central Avenue shopping district
  • Boutiques and specialty shops

Local Businesses

  • Independent coffee shops
  • Boutique fitness studios
  • Grocery stores (including ethnic markets)
  • Pharmacies

Education & Schools

Public schools are average to above average; McNair Academic is highly rated and competitive.
Overall School Rating

Elementary Schools

  • PS 8
  • PS 28
  • PS 25

Middle Schools

  • PS 7
  • PS 28

High Schools

  • James J. Ferris High School
  • McNair Academic High School (magnet)

Private Schools

  • St. Nicholas School
  • Sacred Heart School

Transportation & Accessibility

Transit & Roads

Public Transit

  • NJ Transit buses to Journal Square PATH and NYC
  • Light Rail at 9th Street-Congress
  • Shuttle services

Major Roads

  • Route 1&9
  • Tonnele Avenue
  • Paterson Plank Road

Commute & Walkability

Commute Times20–35 minutes to Manhattan via PATH or bus; 10–15 minutes to downtown Jersey City.
WalkabilityExcellent for daily needs; some hills may challenge mobility-impaired residents.
ParkingStreet parking is competitive; some homes offer garages or driveways, but many do not.

Marketing Intelligence

Target Buyer Types

  • NYC commuters
  • Young families
  • Investors seeking rental income
  • Move-up buyers from other JC neighborhoods

Key Selling Points

  • Quick NYC access
  • Historic charm with modern upgrades
  • Vibrant local scene
  • Strong community identity

Pricing Considerations

Price competitively within recent comps; staged, move-in-ready homes command a premium.

Common Objections & Response Strategies

Objection: Older homes may need repairs or updates.

Response Strategy:

Highlight recent renovations, home warranties, and inspection transparency.

Objection: Limited parking.

Response Strategy:

Emphasize walkability, transit options, and potential for garage/driveway additions.

Objection: School quality concerns.

Response Strategy:

Point to top-rated magnet and private school options, and improving public school scores.

Objection: Noise or urban density.

Response Strategy:

Show quieter side streets, double-pane windows, and proximity to parks.

Investment Insights

Investment Potential

Appreciation Potential

Solid, with 4.9% YoY price growth and strong long-term fundamentals due to location and demand[2][1].

Rental Demand

Very high, driven by proximity to NYC, young professionals, and limited supply.

Buyer Competition

Moderate—well-priced homes receive multiple offers, but increased inventory gives buyers more leverage than in 2021-2022.

Best For

  • Buy-and-hold investors
  • Owner-occupants seeking appreciation
  • First-time buyers seeking urban amenities

Potential Concerns

  • Older homes may require significant renovation
  • Parking limitations
  • Some unevenness in school quality

Professional Recommendations

1

Leverage local market data to set realistic pricing and manage client expectations.

2

Network with local businesses and community groups to tap into off-market opportunities.

3

Stage homes to highlight flexible layouts and outdoor spaces.

4

Educate buyers on renovation costs and timelines for older homes.

5

Promote The Heights as a value-driven, community-oriented alternative to pricier Jersey City neighborhoods.

Competitive Analysis

Comparable Markets

  • Downtown Jersey City
  • Journal Square
  • Bergen-Lafayette

Market Positioning

The Heights is positioned as a value alternative to Downtown with similar amenities and better community vibe.

Competitive Advantages

  • Lower price per sq ft than Downtown
  • More historic homes and community feel than Newport
  • Better transit access than West Side

Price Comparison

Median price is slightly below Downtown ($820K) but above Journal Square ($548.5K)[2].

Investment Metrics

3.8%–4.5% for well-located multi-family properties (2025 est.)
Cap Rates
4%–5% gross yields typical for 2-4 unit buildings
Rental Yields
20–23, reflecting strong appreciation and high rental demand
Price-to-Rent
Positive for multi-family, break-even or slightly negative for single-family unless purchased below market value.
Cash Flow
2–4% annual appreciation expected through 2026[1].
Appreciation

Buyer Journey Insights

First-Time Buyers

Attracted by urban amenities and relative affordability vs. NYC; should be prepared for competitive offers and possible renovation needs.

Move-Up Buyers

Seek larger homes or outdoor space; benefit from increased inventory and more choices than in past years.

Downsizers

Appreciate walkability and low-maintenance homes; may face competition from investors for smaller units.

Investors

Strong rental demand and appreciation; focus on multi-family or value-add properties for best returns.

Relocators

Drawn by proximity to Manhattan and vibrant local culture; should prioritize transit access and community fit.

This neighborhood analysis was generated using hyperlocal data and AI intelligence.

Neighborhood conditions change - consult with local real estate professionals for the most current information.

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