Zip Code 07305

Jersey City, New JerseyHudson County

Real Estate Market Analysis

Q3 2025 Report
Data not provided in search results; typical for Jersey City in 2024-2025: $420,000-$480,000 (inferred from market trends)
Median Home Value
64,994[4]
Population
Data not provided; estimated $55,000-$65,000 (inferred from Jersey City averages)
Median Income
Average to above average (inferred from Jersey City ratings)
School District Rating

Market Statistics

Property Values

Data not provided in search results; typical for Jersey City in 2024-2025: $420,000-$480,000 (inferred from market trends)
Median Home Value
Data not provided in search results; typical for Jersey City in 2024-2025: $2,000-$2,400/month (inferred from market trends)
Median Rent
Data not provided in search results; typical for Jersey City in 2024-2025: $400-$500/sqft (inferred from market trends)
Price per Sq Ft

Market Performance

Home AppreciationEstimated 4-6% annual appreciation in 2024-2025 (inferred from Jersey City trends)
Market VelocityModerate to high; properties in Jersey City typically spend 20-35 days on market (inferred)
Foreclosure RateLow to moderate; Jersey City rates have declined post-pandemic (inferred)

Area Information

Area Sizeslightly less than average land area compared to other ZIP codes in the United States
CountyHudson
Primary CityJersey City

Housing Profile

Housing Statistics

Total Housing UnitsData not provided; estimated 25,000-30,000 units based on population and density (inferred)
Owner OccupiedEstimated 30-40% (inferred from Jersey City averages)
Rental PropertiesEstimated 60-70% (inferred from Jersey City averages)
Vacant UnitsEstimated 5-7% (inferred)
New ConstructionActive, with several mid-rise and high-rise projects in Jersey City (inferred)

Housing Types

Mid-rise apartmentsHigh-rise condosTownhomesSingle-family homes

Demographics

64,994[4]
Population
Data not provided; Jersey City median age is 34-36 (inferred)
Median Age
Data not provided; estimated $55,000-$65,000 (inferred from Jersey City averages)
Median Income
Data not provided; Jersey City unemployment rate in 2024-2025: 4-5% (inferred)
Employment Rate
High school graduate or higher: ~85%; Bachelor’s degree or higher: ~35% (inferred)
Education Levels
Diverse mix of families, singles, and multi-generational households (inferred)
Family Composition

Education Quality

School District Performance

Average to above average (inferred from Jersey City ratings)
District Rating
School DistrictJersey City Public Schools
Test ScoresSlightly below NJ state average (inferred)
Graduation Rates~80% (inferred)

Schools in Area

  • PS 20
  • PS 30
  • Infinity Institute
  • County Prep High School

Economic Factors

Employment & Business

Job GrowthPositive, driven by finance, healthcare, and tech sectors (inferred)
Unemployment Rate4-5% (inferred)
Business EnvironmentVibrant, with many small businesses and startups (inferred)
Commercial ActivityActive, especially along major corridors and near transit (inferred)

Major Employers

  • Jersey City Medical Center
  • Goldman Sachs
  • Verisk Analytics
  • Public sector (schools, city government)

Infrastructure & Quality of Life

Infrastructure

Transportation Access

  • Hudson-Bergen Light Rail
  • NJ Transit buses
  • Proximity to PATH train (Journal Square, Exchange Place)
  • Easy access to I-78, NJ Turnpike

Utilities & Services

  • Public water/sewer
  • Electricity (PSE&G)
  • Natural gas
  • Waste management

Quality of Life

Safety & Environment

Moderate; higher than NJ average but declining, with most incidents non-violent (inferred)

Urban, with some green spaces; air quality generally good but can be affected by traffic (inferred)

Healthcare Access

  • Jersey City Medical Center
  • Local clinics and urgent care

Development Trends

Planned Developments

  • Mixed-use projects near light rail
  • Affordable housing initiatives

Infrastructure Projects

  • Road resurfacing
  • Park improvements

Investment Outlook

Growth Outlook

Strong, with continued residential and commercial investment (inferred)

Investment Opportunities

  • Multifamily properties
  • Value-add renovations
  • Transit-adjacent developments

Marketing Intelligence

Target Demographics

  • Young professionals
  • Commuters to NYC
  • Families seeking affordability near Manhattan

Competitive Advantages

  • Lower prices than Manhattan/Brooklyn
  • Excellent transit connectivity
  • Diverse housing stock

Pricing Strategies

Competitive pricing with incentives for quick closings; highlight value vs. NYC

Common Objections & Response Strategies

Objection: Concerns about crime rates

Response Strategy:

Provide recent crime statistics showing improvement and highlight community policing initiatives

Objection: Urban density and noise

Response Strategy:

Showcase quieter residential pockets and soundproofed new construction

Objection: School quality

Response Strategy:

Highlight specialized magnet and charter schools, and recent district improvements

Professional Recommendations

1

Leverage transit and NYC proximity in marketing

2

Educate buyers on local incentives and down payment programs

3

Network with local employers for relocation leads

4

Highlight new construction and value-add opportunities

5

Stay updated on zoning and development changes

Competitive Analysis

Comparable Markets

  • 07306 (Journal Square)
  • 07302 (Downtown Jersey City)
  • 07304 (Greenville)

Market Positioning

Affordable urban living with excellent NYC access

Competitive Advantages

  • Lower entry price than Downtown
  • Better transit than Greenville
  • More diverse housing than Journal Square

Price Comparison

Lower than 07302, similar to 07304, slightly higher than 07306 (inferred)

Investment Metrics

4.5-5.5% (inferred from Jersey City multifamily trends)
Cap Rates
5-6% (inferred)
Rental Yields
~18-20 (inferred)
Price-to-Rent
Moderate, with strong rental demand and stable occupancy
Cash Flow
4-6% annually (inferred)
Appreciation

Buyer Journey Insights

First-Time Buyers

Attracted by affordability and transit; need education on programs and incentives

Move-Up Buyers

Seek larger condos/townhomes; value new construction and amenities

Downsizers

Prefer elevator buildings and proximity to healthcare/services

Investors

Focus on multifamily and value-add; strong rental demand

Relocators

Drawn by access to NYC and diverse community

This zip code analysis was generated using comprehensive market data and AI intelligence.

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

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