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The Waterfront

The Waterfront

$1,023,657 Average Value
$171 Average Price per Sq Ft
0 Homes For Sale

A tranquil neighborhood just 20 minutes from Manhattan

The Waterfront is sometimes called New York City's sixth borough because of how easy it is to commute into Manhattan. That's just one of the reasons many young adult professionals and families choose to live in the Jersey City neighborhood with postcard views of the Manhattan skyline along the Hudson River. "Every morning, I walk along the Hudson River and stare at the most amazing views of New York City," says Mark Trompeter, current resident and real estate broker at SERHANT, who has sold over $500 million in New Jersey sales throughout his two-decade-plus career. “The area is convenient for me and my husband Enrique's lifestyle. Everything we need is outside our door: the supermarket, parks, parking, shopping and public transit."
The Waterfront in Jersey City is a prominent and rapidly developing area along the Hudson River.
The Waterfront in Jersey City is a prominent and rapidly developing area along the Hudson River.
The Jersey City Waterfront's exceptional view of lower Manhattan, NY.
The Jersey City Waterfront's exceptional view of lower Manhattan, NY.
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High-rise luxury buildings with luxe amenities

According to Trompeter, people buy in The Waterfront for two main reasons: the prime location and the new construction buildings. Most of these listings will have extensive amenities, including dedicated parking spaces, fitness centers, concierge services, and design features like upscale interior finishes, the latest appliances and floor-to-ceiling windows to minimize natural light. The median price range is approximately $600,000 for a studio, $800,000 for a one-bedroom and $1.5 million for a two-bedroom.
An aerial view of Sculpture Park and waterfront high-rises in The Waterfront in Jersey City.
An aerial view of Sculpture Park and waterfront high-rises in The Waterfront in Jersey City.
75 Park Lane is one of the many high rise condominiums available in Newport.
75 Park Lane is one of the many high rise condominiums available in Newport.
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Events

Who is buying in The Waterfront? “People who work in the city and are looking for more space at a better value,” says Yulia Afanasyev, broker and co-founder at City Sphere. “Lots of young professionals and growing families,” she says. As a former Manhattanite who moved to Jersey City, she explains why she made the controversial move from New York City to New Jersey: “Real estate and taxes are getting very expensive in the city, and even in Brooklyn now.” The choice was obvious for her after she “tried the commute” and saw she could get “more space for less” and “with lower property taxes.”

Waterfront bars and elevated dining, including DOMODOMO

Located within a restored 1850s speakeasy tavern, the Light House Tavern has 18-foot tin ceilings, two levels of dining and a brunch that is waitlisted every weekend. Michelin-appointed DOMODOMO is situated just below street level with bespoke wood furnishings and a long wood counter. The sushi diners are presented with a small water bowl and a cleansing hand towel. Smorgasbar is a seasonal beer garden along the waterfront that offers craft beers, cocktails, and a pub-like menu with cheeseburgers and seafood. There's always music playing, and there are games like cornhole to play. Newport Centre shopping mall is home to all the big fashion brands, including Zara, Uniqlo, and Macy's. For groceries, several markets are scattered throughout the neighborhood — including Morton Williams, Target Grocery and Whole Foods — making it easy to get essentials.
The incredible Blackened Miso Cod from The Waterfront's DOMODOMO Jersey City.
The incredible Blackened Miso Cod from The Waterfront's DOMODOMO Jersey City.
Delicious food and cocktails can be found at the Light Horse Tavern in JC's waterfront area.
Delicious food and cocktails can be found at the Light Horse Tavern in JC's waterfront area.
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Parks with views of the Manhattan skyline, including Newport Green Park

Unlike typical playgrounds, Newport Green Park has various play structures, including a rock climbing wall tower and a "sprayground." Along with its postcard views of the Manhattan horizon, this seaside park has something for everyone, including an urban sandy beach, turf lawn, botanical garden paths and a seasonal carousel. Nearby, along a small stretch of water, Morris Canal Park has a grassy area with a panoramic view of NYC, where residents can walk right up to the water. At a riverfront pier, J. Owen Grundy Park offers more scenic views, game tables and a pavilion where festivals and concerts are held.
Carer's of children watch as Canada Geese feed in The Waterfront's Newport Town Square Park.
Carer's of children watch as Canada Geese feed in The Waterfront's Newport Town Square Park.
Newport Green Park is located right on the Hudson River in The Waterfront neighborhood.
Newport Green Park is located right on the Hudson River in The Waterfront neighborhood.
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Top-notch local and nearby public schools, including P.S. 16

Niche rates The Waterfront and its family-friendly community as the number one rated neighborhood to live in New Jersey (and that's saying something is coming from the Yelp of schools and districts). Cornelia F. Bradford School P.S. 16, a pre-K through 6th grade elementary school, is rated A on Niche for its hard-working, gold-star teachers. Nearby in Jersey City, A-rated McNair Academic High School is known for its challenging college preparatory curriculum.
Cornelia F. Bradford School, or PS 16, is an exceptional school in The Waterfront neighborhood.
Cornelia F. Bradford School, or PS 16, is an exceptional school in The Waterfront neighborhood.
The neighborhood of Rafael De J Cordero school is convenient thanks to the public transportation
The neighborhood of Rafael De J Cordero school is convenient thanks to the public transportation
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Excellent public transportation in a car city, including the PATH train

“The beauty of this neighborhood is you don’t have to have a car,” says Afanasyev. The Waterfront is just a quick 20-minute ride on the PATH train to Downtown New York City. With a high percentage of transit ridership, The Waterfront offers convenient access to various transportation options. The PATH train provides multiple stops in NYC, including the World Trade Center, the West Village, 33rd Street in Midtown, and other parts of New Jersey. Additionally, residents can utilize Hoboken's nearby Hudson-Bergen Light Rail and N.J. Transit buses. For those traveling to Newark Liberty International Airport, it is conveniently accessible by train, bus, taxi, or car from Hudson County. An added bonus is “a parking spot here is about 50% of what it would cost in the city.”
Commuters from The Waterfront board the cross-river NY Waterway service to Brookfield Place.
Commuters from The Waterfront board the cross-river NY Waterway service to Brookfield Place.
The Waterfront is just a few minutes by PATH train from lower Manhattan.
The Waterfront is just a few minutes by PATH train from lower Manhattan.
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A commuter area jam-packed with helicopters, trains and automobiles

The Waterfront has beautiful views and quiet side streets, but the main avenues are often congested by traffic. This is because of its many commuter transit options. Namely, more than 100,000 cars cross over the Holland Tunnel daily (on the New Jersey side, the tunnel comes above ground on Marin Boulevard and 12th Street). Meanwhile, the area is chock-full of trains and stations, including the Newport and Exchange Place PATH stations, the Paulus Hook ferry terminal and the Hudson-Bergen Light Rail headquarters on the south edge of the neighborhood. Plus, the Newport Helistop is along the waterfront.
Gabrielle Golenda
Written By
Gabrielle Golenda
Joseph DiBlasi
Photography Contributed By
Joseph DiBlasi

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Interested in learning more about homes in this area? Reach out to Francine Lauri, an experienced agent in this neighborhood.

Parks in this Area

Transit

Airport

Newark Liberty International

14 min drive

Subway

Jersey Avenue

Subway

Pavonia Newport

Subway

Harsimus Cove

Subway

Harborside Financial Center

Subway

Exchange Place

Subway

Essex Street

Subway

Marin Boulevard

Train

Exchange Place

Train

Pavonia/Newport

Bus

Newport Centre Mall

Bus

Montgomery St & Warren St

Bus

Washington Blvd & Newport Pkwy

Bus

Grand St & Washington St

Bus

Grand St & Warren St

Bus

Montgomery St 365'E Of Marin Blvd

Bus

18th St & Marin Blvd

Crime and Safety

1 - Low Crime, 10 - High Crime The Waterfront US
Homicide 2 4
Sexual Assault 4 4
Assault with Weapon 2 4
Robbery 5 4
Burglary 3 4
Motor Vehicle Theft 3 4
Larceny 4 4
Crime Score 4 4

Source: WhatIsMyCrimeRisk.com

The Waterfront Demographics and Home Trends

Housing Trends

Median List Price
$760,000
Median Sale Price
$700,000
Median Single Family Sale Price
$700,000
Median Change From 1st List Price
-1%
Last 12 months Home Sales
276
Median Home Sale Price YoY Change
94%
Average Price Per Sq Ft
$171

Neighborhood Facts

Number of Homes in Neighborhood
3,797
Number of Homes for Sale
0
Median Year Built
2002
Months of Supply
0.00
Average Single Family Home Size Sq Ft
1,018
Significantly below the national average
1,924
Average Townhouse Size Sq Ft
1,237
Average 2 Bedroom Size Sq Ft
1,227
Average 1 Bedroom Size Sq Ft
810
Average Studio Size Sq Ft
617

Open Houses

  • Saturday, Aug 2
    2 - 4pm

    88 Morgan St Unit 3809, Jersey City, NJ 07302

    $765,000

    • 1 Bed
    • 1 Bath
    • 843 Sq Ft
    • 88 Morgan St
    • Unit 3809
    • New 15 hours ago

    Southwest-facing spacious 1B1B (843 Sqft) available in 88 Morgan St on the 38th floor with Statue of Liberty view. Upgraded with anti-scratch/pet-friendly hardwood floor, Quality Kitchen cabinets, new Islandaire AC in the living room, new faucets in the kitchen and bathroom, dual zebra window shades, motorized day/night cellular shades, dimmable LED lights, various electric outlets with Type

    Qi Li EXP REALTY LLC

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Distribution of Home Values

Source: Public Records

Homes for Sale

Homes for Rent

Condo Buildings

Interested in learning more about homes in this area? Reach out to Francine Lauri, an experienced agent in this neighborhood.

Average Home Value





Source: Public Records

Property Mix - Square Feet

This Neighborhood Has More Renters

Demographics

Total Population
51,194
Median Age
36
Population Density
71 ppl/acre
Population under 18
21.6%
On par with the national average
23.8%
Population over 65
5.3%
Below the national average
19.1%

Finances

Median Household Income
$177,231
Significantly above the national average
$71,702
Average Household Income
$192,972

Education and Workforce

High School Graduates
99%
College Graduates
88.6%
Significantly above the national average
34.1%
Advanced Degrees
51.3%
Significantly above the national average
13.3%
% Population in Labor Force
85.1%

Weather

Annual Precipitation
50''
Average Winter Low Temperature
28°F
Average Summer High Temperature
85°F
Annual Snowfall
10''

Area Factors

Bikeable

Bike Score®

69 / 100

Walker's Paradise

Walk Score®

94 / 100

Excellent Transit

Transit Score®

85 / 100
Source: Walk Score
Source: Walk Score

Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

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Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
NEIGHBORHOOD
The Waterfront