Jersey City April 2021 Market Update

Apr 2021 Apr 2020 9% 419 Apr 2021 Year over Year 215 6% $650,000 The Jersey City real estate market showed continued signs of demand in April, with strong year over year increases in median listed price, median sales price, average sales price, total sales, and a decrease in year over year and month over month days on market. 47 $576,000 4% Mar 2021 Apr 2021 Apr 2020 246 $625,950 Apr 2021 number of new listings Apr 2020 14% Apr 2020 168 Year over Year Mar 2021 APRIL 2021 average SALES price Year over Year Month over Month Year over Year Copyright ©2021 Triplemint. Equal Housing Opportunity. All material presented herein is intended for informational purposes only. The sources are deemed to be reliable and the information is believed to be accurate, however the material is subject to errors, omissions, changes, or withdrawal without notice. All measurements and square footage are approximations. No statement is made as to the accuracy of any description. Figures in this report are based on publicly recorded data from the New Jersey Multiple Listing Service as well as proprietary data. median SALES price average days on market $671,047 Month over Month $635,000 Month over Month $565,000 Apr 2021 Year over Year median listed price 44 Mar 2021 $629,000 Mar 2021 JERSEY CITY MARKET UPDATE Year over Year Mar 2021 $590,499 Month over Month $631,969 Mar 2021 Apr 2020 45 Apr 2021 TOTAL SALES Month over Month 171% Apr 2020 456 Month over Month 99 Median Listed Price of Homes listed in Apr 2020 Median Listed Price of Homes listed in Mar 2021 Median Listed Price of Homes listed in Apr 2021 Jersey City $625,950 $629,000 $650,000 Bergen-Lafayette $522,500 $525,000 $435,000 Downtown $839,000 $785,000 $845,000 Greenville $484,950 $475,000 $534,000 12% 10% THE Heights $699,450 $699,000 $650,000 -7% -7% Journal Square $345,000 $445,000 $554,500 25% 61% West Bergen $379,950 $440,000 $550,000 25% 45% Month over month Difference Year over year Difference - <1% 4% -17% -17% 8% 1% Copyright ©2021 Triplemint. Equal Housing Opportunity. All material presented herein is intended for informational purposes only. The sources are deemed to be reliable and the information is believed to be accurate, however the material is subject to errors, omissions, changes, or withdrawal without notice. All measurements and square footage are approximations. No statement is made as to the accuracy of any description. Figures in this report are based on publicly recorded data from the New Jersey Multiple Listing Service as well as proprietary data. APRIL 2021 JERSEY CITY MARKET UPDATE Total Sales in Apr 2020 Total Sales in Mar 2021 Total Sales in Apr 2021 Jersey City 99 246 215 Bergen-Lafayette 10 8 6 Downtown 37 89 75 Greenville 9 34 27 -21% 200% THE Heights 19 59 54 -8% 184% Journal Square 13 37 33 -11% 154% West Bergen 11 19 20 5% 82% Month over month Difference Year over year Difference -13% 117% -25% -40% -16% 103% Average Sales Price of homes sold in Apr 2020 Average Sales Price of homes sold in Mar 2021 Average Sales Price of homes sold in Apr 2021 Jersey City $590,499 $631,969 $671,047 Bergen-Lafayette $557,260 $654,000 $659,433 Downtown $798,413 $824,903 $865,327 Greenville $391,000 $489,235 $463,015 -5% 18% THE Heights $532,921 $590,385 $707,574 20% 33% Journal Square $368,077 $436,227 $473,788 9% 29% West Bergen $446,913 $484,679 $453,675 -6% 2% Month over month Difference year over year Difference 6% 14% 1% 18% 5% 8% Median Sales Price of Homes sold in Apr 2020 Median sales price of Homes sold in Mar 2021 Median sales price of Homes sold in Apr 2021 Jersey City $576,000 $565,000 $635,000 Bergen-Lafayette $547,750 $665,000 $692,500 Downtown $740,000 $705,000 $831,000 Greenville $365,000 $497,500 $400,000 -20% 10% THE Heights $425,000 $561,000 $710,000 27% 67% Journal Square $315,000 $395,000 $370,000 -6% 17% West Bergen $350,000 $450,000 $437,000 -3% 25% Month over month Difference year over year Difference 12% 10% 4% 26% 18% 12% APRIL 2021 JERSEY CITY MARKET UPDATE Copyright ©2021 Triplemint. Equal Housing Opportunity. All material presented herein is intended for informational purposes only. The sources are deemed to be reliable and the information is believed to be accurate, however the material is subject to errors, omissions, changes, or withdrawal without notice. All measurements and square footage are approximations. No statement is made as to the accuracy of any description. Figures in this report are based on publicly recorded data from the New Jersey Multiple Listing Service as well as proprietary data. JERSEY CITY MARKET UPDATE APRIL 2021 New Listings in Apr 2020 New Listings in Mar 2021 New Listings in Apr 2021 Jersey City 168 419 456 Bergen-Lafayette 8 9 7 Downtown 47 158 194 Greenville 18 49 42 -14% 133% THE Heights 50 82 115 40% 130% Journal Square 33 89 68 -24% 106% West Bergen 12 32 30 -6% 150% MONTH OVER MONTH Difference YEAR OVER YEAR Difference 9% 171% -22% -13% 23% 313% Average days on market for HOMES SOLD IN Apr 2020 Average days on market for HOMES SOLD IN Mar 2021 Average days on market for HOMES SOLD IN Apr 2021 Jersey City 45 47 44 Bergen-Lafayette 75 64 13 Downtown 51 49 49 Greenville 35 58 37 -36% 6% THE Heights 39 32 48 50% 23% Journal Square 43 53 48 -9% 12% West Bergen 17 51 32 -37% 88% MONTH OVER MONTH Difference YEAR OVER YEAR Difference -6% -2% -80% -83% 0% -4% Copyright ©2021 Triplemint. Equal Housing Opportunity. All material presented herein is intended for informational purposes only. The sources are deemed to be reliable and the information is believed to be accurate, however the material is subject to errors, omissions, changes, or withdrawal without notice. All measurements and square footage are approximations. No statement is made as to the accuracy of any description. Figures in this report are based on publicly recorded data from the New Jersey Multiple Listing Service as well as proprietary data.