top of page

Jersey City is beating Brooklyn now.

  • Karl Hefele
  • Oct 17
  • 1 min read

Here's why.


A Behind-the-Scenes Look at Jersey City's Real Estate Boom


Ever wondered what goes into a market shift? Here's a behind-the-scenes look at how Jersey City became the new Brooklyn:


Step 1: Price Gap

The median sale price of a home in Brooklyn is $1 million. Jersey City stays at $671,000. Buyers get 1,824 square feet per million dollars. That's triple what Brooklyn offers.


Step 2: Speed Wins

Getting to downtown Manhattan from Jersey City? Faster than Brooklyn. Faster than Upper East Side too. The commute myth just died.


Step 3: Space Explosion

Floor-to-ceiling windows. Gyms. Outdoor space. A 1,400-square-foot duplex costs half of Manhattan's price. Young professionals are noticing.


Step 4: Tax Trade-Off

New Jersey property taxes may be high. But you skip NYC's municipal income tax. That saves thousands every year. The math works out.


Step 5: Ripple Effect

Jersey City has become the stepping stone. Buyers cash out condo equity. They move to New Jersey suburbs. Five commuter towns now rank in top 100 hottest markets nationwide.


Look beyond traditional boundaries.


Interested in investing alongside us? Contact us for more information.



Comments


RECENT POSTS

ARCHIVE POSTS

Contact Us

Send all inquiries to:

info@hefelegroup.com

Headquarters:

21 Bowling Green Parkway, Suite 203

Lake Hopatcong, NJ 07849

Phone: (201) 841-6823

© 2025 by Hefele Group Real Estate LLC

  • LinkedIn
  • Instagram
bottom of page