Jersey City, NJ Average Home Price (2026)
The average home price in Jersey City is about $645,500 (the 2026 median, at ~$560/sq ft) — 123% more expensive than the typical U.S. home. Below: average prices by home size, what it costs to live here, and a free estimator for your own address.
Thinking of moving to Jersey City?
Jersey City sits in Hudson County, where the typical home runs $579,000.
Here’s what the numbers say about housing costs in Jersey City. A typical home runs about $645,500, which is 123% more expensive than the national median and 13% more expensive than the New Jersey average. At roughly $560 per square foot, a median budget here buys you around 1,150 sq ft of home.
Prices swing a lot by neighborhood: across Jersey City’s 6 ZIP codes, the most affordable is 07305 (~$528,000) and the priciest is 07310 (~$933,000) — roughly a 1.8× difference. If you’re relocating, that spread is where the real budgeting happens, so it pays to target ZIP by ZIP rather than the citywide average.
Jersey City home value by size
Using the local rate of about $560 per square foot, here’s a rough estimate by home size. Condition, lot, and exact location move these meaningfully.
| Home size | Estimated value |
|---|---|
| 1,000 sq ft | $560,000 |
| 1,500 sq ft | $840,000 |
| 2,000 sq ft | $1,120,000 |
| 2,500 sq ft | $1,400,000 |
| 3,000 sq ft | $1,680,000 |
Home value appreciation in Jersey City
Home prices in Jersey City have risen about 132% over the last 10 years (≈8.8% a year) and +142.5% over 20 years, according to the FHFA house price index through 2025. The most recent year came in at +5.7% — still rising. A home worth $645,500 today was worth roughly $278,113 ten years ago.
See where that trend takes a specific home with the home appreciation calculator — statewide, New Jersey is +87.7% over the same 10 years. Past appreciation is a track record, not a forecast; local prices can fall.
Calculators for Jersey City
Run the numbers for Jersey City with the local rates already filled in — change any input to test your own situation.
Salary needed to buy a home in Jersey City
To buy the typical $645,500 home in Jersey City with 20% down, you need a household income of roughly $176,000 a year (about $4,100 a month for the mortgage, taxes, and insurance). With 10% down the bar rises to about $209,000, because the loan is bigger and mortgage insurance kicks in.
| Down payment | Cash down | Monthly payment | Income needed |
|---|---|---|---|
| 5% (+PMI) | $32,300 | $5,090/mo | $218,000/yr |
| 10% (+PMI) | $64,600 | $4,870/mo | $209,000/yr |
| 20% | $129,100 | $4,100/mo | $176,000/yr |
Assumes a 30-year fixed mortgage at 6.5%, property tax at 1.1% and insurance at 0.45% of value per year, PMI of 0.75% on loans with less than 20% down, and the standard 28% housing-to-income rule. Your rate, taxes, and HOA will move these — run your own numbers in the mortgage calculator.
What your budget buys in Jersey City
At about $560 per square foot, here is roughly how much home different budgets get you in Jersey City:
| Budget | Approx. size | What that looks like locally |
|---|---|---|
| $300k | 540 sq ft | below the local median — condos, smaller or older homes |
| $400k | 710 sq ft | below the local median — condos, smaller or older homes |
| $500k | 890 sq ft | below the local median — condos, smaller or older homes |
| $600k | 1070 sq ft | around the typical home here |
| $750k | 1340 sq ft | around the typical home here |
Wondering where that budget goes further? The relocation calculator ranks hundreds of U.S. cities by what the same money buys — it opens pre-filled with a typical Jersey City home so you can see where a Jersey City budget goes further.
Jersey City home prices by ZIP code
Every Jersey City ZIP code we track, from the priciest to the most affordable. Click a ZIP for its own page with price per square foot, value by home size, and the salary needed to buy there.
| ZIP code | Typical home value | $ / sq ft | vs Jersey City median |
|---|---|---|---|
| 07310 | $933,000 | $903 | +45% |
| 07302 | $888,000 | $896 | +38% |
| 07307 | $750,000 | $591 | +16% |
| 07306 | $541,000 | $529 | -16% |
| 07304 | $531,000 | $437 | -18% |
| 07305 | $528,000 | $389 | -18% |
Moving to Jersey City from somewhere else? Compare your current home against Jersey City prices — enter your ZIP and the calculator shows whether your budget buys more or less here.
Living in Jersey City: what to know before you move
Home prices tell you what it costs to buy in Jersey City, but daily life depends on much more. On housing alone, a typical home here runs $645,500 (~$560/sq ft), 123% more expensive than the national median — making Jersey City relatively expensive to buy in. That’s usually the biggest line in a household budget, but it’s only part of the picture. Here’s where to research the things home values don’t capture:
- Schools. School quality varies widely by neighborhood and shapes both family life and resale value. Check Jersey City school ratings and attendance zones on GreatSchools.
- Cost of living. Beyond the mortgage, weigh groceries, utilities, healthcare, and local taxes. Compare Jersey City’s cost of living.
- Safety. Crime and safety differ block to block, so check local data before settling on an area. Review Jersey City crime and safety stats.
- The bigger picture. For history, economy, climate, and local context, read about Jersey City on Wikipedia.
We specialize in housing data; the links above go to independent sources so you can verify schools, safety, and cost of living for yourself — the details that matter most when you’re choosing where to live.
Estimate your specific home in Jersey City
Enter your ZIP and size for an instant estimate tailored to your exact area:
Jersey City home prices: frequently asked
What salary do you need to buy a house in Jersey City, NJ? +
What is the average home price in Jersey City, NJ? +
Is Jersey City expensive to live in? +
What is the price per square foot in Jersey City? +
How much is a 2,000 sq ft house in Jersey City? +
Are home values in Jersey City going up? +
Grow your home’s value in Jersey City
Use our Increase Home Value calculator to see which improvements add the most, or read the pre-sale projects that actually pay off. See how Jersey City stacks up against other New Jersey cities on the New Jersey home values page, or browse the full U.S. directory.
Directional estimates from public market data (Realtor.com & Zillow research), not appraisals. Actual values vary by home and change over time.
Nearby cities
Home prices in cities near Jersey City: