The story of this market
The typical home in ZIP 07305 sells for about $559,900, or $396 per square foot.
Prices are down 1.4% from a year ago, which gives buyers more room to negotiate. Homes take about 56 days to sell. HUD's fair market rent for a two-bedroom is $1,712 a month.
ZIP 07305 — Jersey City
The 07305 housing market is currently experiencing a period of price stabilization following years of rapid appreciation. While inventory remains tight, the market is seeing a shift toward a more balanced environment as buyers react to interest rate pressures and affordability constraints. Development along the Hackensack Riverfront continues to be a primary driver of long-term interest in the area.
This ZIP is well-suited for investors, house-hackers, and budget-conscious buyers seeking proximity to the NYC metro area, as well as families looking for larger residential footprints than those found in the city's high-rise core.
Median prices moved down 1.4% year over year.
Homes spend a median of 56 days on market with 8.2 months of supply — a balanced-paced market.
0% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
1 foreclosure-ledger notice — 0.1 per 10,000 residents · unemployment 7.1% · poverty 17.0% — a mixed stability profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 6.2%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 4.3%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 07305, Hudson County NJ
Crime trends in the Greenville and West Side areas of Jersey City remain a focus for local law enforcement, with property crime rates generally tracking higher than suburban averages but consistent with dense urban environments in Hudson County.
Public schools in the 07305 area are part of the Jersey City Public Schools district, which faces ongoing challenges with performance metrics and resource allocation compared to neighboring affluent districts.
The ZIP code includes low-lying areas near the Hackensack Riverfront, making flood insurance and FEMA flood zone compliance critical considerations for property owners.
Economic momentum is driven by the Hackensack Riverfront redevelopment zone and proximity to the Jersey City employment core, with ongoing interest in mixed-use and residential infill projects.
Property taxes in Jersey City are determined by the municipal tax rate, the Hudson County rate, and the local school district levy, with assessments managed by the Jersey City Tax Assessor.
Residents benefit from proximity to the Hudson-Bergen Light Rail and major thoroughfares like Route 440, providing access to the Jersey City waterfront and Manhattan employment hubs.
The area features access to local parks and green spaces, with proximity to the larger Liberty State Park and waterfront recreational trails along the Hackensack River.
The rental market is characterized by high demand for multi-family units and house-hacking opportunities, with steady rent growth driven by the area's affordability relative to downtown Jersey City.
The local economy is anchored by the broader Jersey City and NYC metro labor markets, with significant employment in finance, logistics, and healthcare services.
The area is served by the Hudson-Bergen Light Rail and extensive bus networks, facilitating commutes to the Jersey City financial district and New York City.
Significant development activity is concentrated along the Route 440 corridor, focusing on high-density residential and mixed-use projects.
The Hudson County Board of Taxation oversees assessment standards, with Jersey City maintaining its own local assessment office.
Parcels are subject to Jersey City Public Schools district taxes and various municipal utility authority assessments.
Property insurance premiums are influenced by the area's proximity to coastal flood zones and the Hackensack River, requiring careful hazard assessment.
Data retrieved from data.census.gov ZCTA-level tables.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- American Dream4.57.6 mi
- Supercharged Entertainment4.819.3 mi
- DreamWorks Water Park4.37.4 mi
- Nickelodeon Universe Theme Park4.57.4 mi
- Color Factory NYC4.44.7 mi
- American Dream4.57.6 mi
- MetLife Stadium4.57.8 mi
- Madison Square Garden4.76.1 mi
- Yankee Stadium4.712.3 mi
- Barclays Center4.56.1 mi
- Times Square4.76.7 mi
- The Metropolitan Museum of Art4.88.5 mi
- Rockefeller Center4.77 mi
- Brooklyn Bridge4.84.8 mi
- Central Park4.88.6 mi
- The Metropolitan Museum of Art4.88.5 mi
- Rockefeller Center4.77 mi
- Empire State Building4.76.3 mi
- The Museum of Modern Art4.67.2 mi
- American Museum of Natural History4.68.2 mi
- Central Park4.88.6 mi
- 9/11 Memorial & Museum4.84 mi
- Bryant Park4.76.6 mi
- The High Line4.75.5 mi
- The Battery4.63.8 mi
- Pier 26 at Hudson River Park4.84.2 mi
- Pier 13 Hoboken4.55 mi
- Skyport Marina4.26.4 mi
- Pier 814.56.2 mi
- Liberty Landing Marina4.62.5 mi
- Galloping Hill Golf Course4.49.9 mi
- 21 Golf Range Powered by Toptracer4.510.9 mi
- Puttery4.75.1 mi
- Dyker Beach Golf Course4.16.8 mi
- Forest Park Golf Course411.6 mi
- American Dream4.57.6 mi
- Chelsea Market4.65.2 mi
- Macy's4.46.3 mi
- The Mills at Jersey Gardens4.55.2 mi
- Hudson Yards4.75.9 mi
- Newark Liberty International Airport3.74.7 mi
- LaGuardia Airport4.112.4 mi
- Teterboro Airport4.411 mi
- North Shore University Hospital Heliport4.620.9 mi
- Chico Express3.96.6 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Large waterfront park with views of the Statue of Liberty and Manhattan skyline.
Developing recreational and green space area along the river.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.