Published November 14, 2025

The Jersey City & Hoboken Condo Market: What’s Actually Selling in 2025?

Written by Jesse Teeters

The Jersey City & Hoboken Condo Market: What’s Actually Selling in 2025?

If you’ve been watching the Hudson County condo market in 2025, you’ve probably noticed something strange: some condos are flying off the market in 10–20 days, while others are sitting for 60+. The question many sellers (and buyers) are asking is: why?

Here’s a clean breakdown of the actual trends we’re seeing right now across Downtown Jersey City, Journal Square, Hoboken, Paulus Hook, and the Heights.

What’s Selling Fast in 2025

1. Renovated 1BR units with in-unit laundry

This is the hottest category of 2025. Buyers want:

updated kitchens (especially post-2018 upgrades)

central air or efficient mini-splits

laundry in-unit

10 minutes or less to the PATH

These are often going under contract in 11–22 days, especially in Hoboken and Downtown Jersey City.

2. 2BR condos under $900K with parking

There is a persistent shortage of well-priced 2BRs with parking. Young couples and new families want the “extra room” but aren’t ready to jump to a brownstone price point.

These condos are frequently selling at 98–101% of list price when properly prepped and priced.

3. Buildings with strong HOA reserves

Given insurance and construction costs, buyers and lenders are paying close attention to reserves. Buildings with:

healthy reserve balances

no looming special assessments

transparent financials and board communication

are outperforming similar units in weaker HOAs by a noticeable margin.

What’s Sitting Longer on the Market

1. First-floor units on busy streets

Even renovated homes are seeing longer days on market when they sit directly on busier streets or feel dark at the front. These often need more careful pricing and superior staging.

Typical time on market: 40–60 days, unless priced aggressively from day one.

2. Luxury condos above $1.7M without views or outdoor space

The high-end luxury buyer pool shrank in late 2024 and has not fully rebounded. In 2025, luxury buyers are more selective, prioritizing views, terraces, and standout amenities.

High-end units without those features are averaging 65–90 days on market in some segments.

3. Older units with dated systems

Condos with older heating systems, window A/C, or obvious deferred maintenance are getting passed over in favor of homes that feel more “move-in ready.” Buyers are willing to pay for convenience and lower near-term risk.

What This Means If You’re Considering Selling

Your success in this market is less about “the market” and more about how your specific home is positioned. The Atlas Group at Keller Williams focuses on: