Jersey City Pricey Real Estate - New York News

Jersey City Pricey Real Estate

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Jersey City, New Jersey (My9NJ) -

The Jersey Gold Coast in realty seems to be coming back. An apartment was sold in Jersey City for 2.8 million dollars, setting a new record for the most expensive apartment in the city. The apartment at 77 Hudson has two bedrooms and two bathrooms, with a sweeping view of Manhattan, from the Statue of Liberty to the George Washington Bridge.

This isn’t even the most expensive apartment in the building, and the building is currently hoping to close a deal on another apartment for 2.9 million dollars or more.

Scott Waldman, who works for 77 Hudson, says it’s cheaper to buy in New Jersey. “To get the same square footage in New York City, you’re going to pay probably double or more.” He said. It seems that Jersey City may become a suburb of New York City, which seems to be a good way to help boost the economy in New Jersey.

With the possibility of rising economic status in Jersey City, some wonder about the crime rate. Jersey City seems to be divided into the downtown area and everywhere else. The 77 Hudson apartment is in the downtown area, which is building up like crazy. Once you cross the Turnpike, however, it’s a completely different story. In the past year, murder, rape, and robbery crime rates were on the rise, though the city has recently gotten the crime under control.

Even though Jersey City still has its problems, it looks like it’s the new city on the rise.

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