Jersey City is the second largest city in New Jersey, with a total population of approximately 290000, primarily focused on the financial industry. The city is a waterfront area that is home to the headquarters or office buildings of top 500 famous American companies, such as Citibank JP Morgan、 Forbes, Goldman Sachs and other companies. Therefore, it is also known as West Wall Street, a location that integrates business and high-end residential areas, just like the regional nature of Beijing's Guomao CBD and Zhongguancun. Across the river are the two famous CBDs in the United States, located on Wall Street and Times Square on Manhattan Island, which can be reached by taking the subway and ferry. Jersey City has a parent-child city park second only to Central Park - the Free State Park, and the natural environment of Two Rivers and Two Bays (Upper New York Bay and Newark Bay).
Due to the 9/11 attacks, many companies in the financial district of Lower Manhattan were severely affected. Therefore, in order to ensure the normal operation of their companies and avoid the adverse effects of similar events, they established offices along the Hudson River in downtown Jersey, such as large financial institutions such as UBS, Goldman Sachs, JPMorgan Chase, Citibank, and Merrill Lynch, providing more than 51000 job opportunities.
If you want to find a place near the fast-paced city of New York that combines cost-effectiveness and a beautiful and comfortable living environment, you must choose the New Jersey area, which is surrounded by Newark Bay, Upper New York Bay, and the Hudson River. It also has the second largest natural park in the United States, the Free State Park, and natural green lungs, where you can relax and unwind in your leisure time.
There are ferries, subways, light rails, and buses here. Take Interstate 78 and drive 20 minutes directly to Newark International Airport. Exchange Place in the city center covers subway stations, light rail stations, ferry terminals, and bus stops, seamlessly connecting with Manhattan. The 24-hour subway system takes only 1 stop and 3 minutes to reach the New World Trade Center in Manhattan, and 2 stops to reach Wall Street, making it very convenient for commuting, shopping, and entertainment.
The living population is mainly composed of families, and the high-income group is mainly concentrated in the white-collar financial industry along the Hudson River, which is a living area with a high happiness index. If they want to pursue higher quality and more luxurious living facilities, they need to drive or take public transportation to Manhattan Island.
Client Testimonials
My child works in Manhattan, but the apartments on Manhattan Island are too expensive and offer better value for money compared to apartments in Jersey. There are also more options for new houses, so I bought a two bedroom apartment for my child here, which will be convenient for us to visit in the future.
Jersey to Manhattan Island is also very convenient, but the cost-effectiveness of houses here is much higher, and there will definitely be room for appreciation in the future. Buying a small apartment as an investment also has a relatively stable rental to sales ratio.
City Time Zone：UTC-5
Located in the eastern part of the United States, it is the largest city in Hudson County, New York and part of the New York metropolitan area. To the east, it is surrounded by the Hudson River and Upper New York Bay, while to the west, it is surrounded by the Hackensak River and Newark Bay, forming a terrain surrounded by water on three sides.
The area consists of the High District, West District, Daily Square District, Jersey City and Bergen Laffey District, and Greenville District from north to south.
Jersey City is the central city in the New Jersey area. The rapidly developing area is the waterfront area adjacent to the Hudson River.
55 Square Kilometers
ニュージャージーでは10万人あたり毎年発生する暴力犯罪は累計456.3件で、全国の465件をやや下回っているが、財務犯罪は累計1769.6件で、全国の2826.9件をはるかに下回っている（北京の2012年の10万人あたりの年間刑事犯罪率は約704）。
New Jersey's GDP has remained relatively stable in the past five years. The Bureau of Economic Analysis estimates that New Jersey's state GDP for the fourth quarter of 2018 was $639.8 billion. The estimated taxpayer burden for New Jersey in 2015 was $59400 per taxpayer. The debt of New Jersey is close to $239 billion.
New Jersey is adjacent to New York State, and not only can you participate in the rich activities of New York, but there are also special events every year where you can experience the lives of local residents together.
On July 4th, the whole United States celebrates Independence Day with large-scale fireworks shows. Most of them last about 30 minutes, and the banks of the Hudson River are often chosen as the performance locations.
The state legislature passed a bill that stipulated only adjacent towns could merge. After Greenville agreed to merge, the final regional outline of New Jersey was basically completed.
Jersey City, adjacent to the Hudson River, opened three passenger rail terminals. Millions of immigrants passing through Ellis Island to the west into the United States would go through these stations.
The first permanent drinking water disinfection system in the United States was installed on the city's water supply system. From then on, residents of Jersey City could drink safe, disinfected drinking water.
Jersey City was managed by Mayor Frank Hague, who ruled the city with an iron fist. At the same time, he forced the governor, U.S. senators, and judges to follow his advice.
The development of Jersey City's waterfront area has driven the city's growth. The area was previously occupied by railroad yards and factories. Now, the construction of a large number of high-rise buildings has increased the influx of new residents and promoted its transformation and development.
China is New Jersey's fifth-largest export market, with exports to China totaling $1.856 billion in 2011, mainly including machinery, raw metal products, chemical products, waste and scrap, computers and electronic equipment, and transportation equipment.
Scoring Criteria
- 5
Rental Yield
- 9
House price increase
- 5
Compression resistance
- 5
Trading popularity
- 8
leverage ratio
The rental price in Jersey City has been steadily increasing in the past three years, but it is far higher than the national rental level by 50%, making it relatively suitable for buying, investing, and renting.
