Xome Value®
The estimated value of your home calculated using our proprietary formulas and various currently available property data.
The estimated value of your home calculated using our proprietary formulas and various currently available property data.
$521,137
-0.1%
Since Jun 2024
Range: $462,799-$577,462
1 Year
5 Years
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Property Facts
316 7th St #1, Jersey City, NJ is a condo home that contains 741 Sq. Ft. and was built in 1877. It contains 2 bedrooms and 0 bathrooms. This home last sold for $380,000 on 8/1/2013.
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County:HUDSON
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Year Built:1877
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Living Area:741 Sq. Ft.
-
Lot Size:2,500 Sq. Ft.
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Property History
Price History
Date
Event
Price
Source
8/1/2013
Sold
$380,000
Public Records
4/15/2013
Sold
$240,000
Public Records
12/5/2007
Sold
$261,000
Public Records
Sales in a non-disclosure state
Tax History
Year
Taxes
Total Assessment
2024
$10,028 (+6.09%)
$446,300 (0%)
2023
$9,452 (+32.05%)
$446,300 (0%)
2022
$7,158 (0%)
$446,300 (0%)
2021
$7,158 (+32.29%)
$446,300 (0%)
2020
$5,411 (-18.51%)
$446,300 (0%)
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Comparable Homes
Sales in a non-disclosure state
Address
Sold Price
Details
316 7th St #1
Jersey City, NJ 07302
This Property
-
2 Bed
741 Sq. Ft.
1877 Year Built
1
316 7TH ST Unit 3
JC, Downtown, NJ 7302
$381,000
1 Bed
1 Bath
520 Sq. Ft.
1900 Year Built
2
Blvd East Unit 4-5
Weehawken, NJ 7306
$325,000
1 Bed
1 Bath
496 Sq. Ft.
1900 Year Built
3
476 MONMOUTH ST Unit 205
JC, Downtown, NJ 7302
$349,000
0 Bed
1 Bath
474 Sq. Ft.
1900 Year Built
4
3rd St Unit 317
JC, Downtown, NJ 7302
$615,950
1 Bed
1 Bath
697 Sq. Ft.
1900 Year Built
5
325 8TH St
JC, Downtown, NJ 7302
$1,200,000
3 Bed
2 Bath
0 Sq. Ft.
1900 Year Built
6
234 1st St
JC, Downtown, NJ 7302
$1,795,000
3 Bed
3 Bath
0 Sq. Ft.
1900 Year Built
7
295 Varick St
JC, Downtown, NJ 7302
$2,150,000
4 Bed
3 Bath
0 Sq. Ft.
1900 Year Built
8
3rd St Unit 312
JC, Downtown, NJ 7302
$920,000
2 Bed
2 Bath
1,012 Sq. Ft.
1900 Year Built
9
Reservoir Ave Unit 404
JC, Heights, NJ 7307
$315,000
1 Bed
1 Bath
500 Sq. Ft.
1900 Year Built
10
479 MONMOUTH ST Unit 4R
JC, Downtown, NJ 7302
$383,000
1 Bed
1 Bath
552 Sq. Ft.
1900 Year Built
Sales in a non-disclosure state
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Market Trends
Jersey City
07302
Median Sold Price
The median sold price is the middle price of all the properties that have actually been sold within a specific period.
Using the median sold price can provide valuable insights into actual market transactions and buyer behavior.
May 2024
$612,500
Apr 2025
$518,500
Change
-15.3%
1 Year
2 Years
5 Years
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Median Sales Price Per Square Foot
Median Sales Price Per Square Foot provides a quick, high-level way to evaluate appreciation or depreciation of property
values over time in the selected area. Using the price per square foot can help you estimate a properties' market value.
1 Year
2 Years
5 Years
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Average Days on Market
Average Days on Market represents the average number of days a property takes to sell. Using Average Days on Market
can help provide insights into the speed at which properties are selling in a particular area or market.
May 2024
89 Days
Apr 2025
115 Days
Change
+29.2%
1 Year
2 Years
5 Years
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Supply and Demand
The following chart shows the relationship between properties for sale (supply) and properties sold (demand) in the
specified market, where available.
For Sale
Sold
1 Year
2 Years
5 Years
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Months of Supply
This chart shows how many months it would take to sell the available inventory in the specified market. A higher Months of
Supply generally indicates a buyer's market while a lower Months of Supply generally indicates a seller's market.
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Area Statistics
People
ZIP (07302)
City (Jersey City)
Population
42,861
287,146
Population Density
29,296.7
19,475.5
People Per Household
2
2.5
Median Age
34.7
34.5
Median Household Income
$150,254
$81,390
Average Income
$97,247
$48,404
Economy
ZIP (07302)
City (Jersey City)
Unemployment
3.00%
3.10%
Recent Job Growth
3.18%
3.18%
Future Job Growth
49.04%
48.89%
Sales Tax
6.63%
6.63%
Income Tax
5.53%
5.53%
Cost of Living Index
241.1
163.1
Environment
ZIP (07302)
City (Jersey City)
Altitude
43
33
Rainfall (Inches Annually)
47
47.5
Snowfall (Inches Annually)
26.5
26.4
January Avg. Low Temp
24.8
24.7
July Avg. High Temp
85.5
85.6
Days of Precipitation Annually
114
114
Days Mostly Sunny Annually
218
217
Comfort Index (During Hot Weather)
7
7
Source: Sperling's Best Places
Nearby Schools
Rating
School Name
Grades
Distance
PK-3
10.4 mi
4-5
10.5 mi
9-12
10.5 mi
7-8
10.5 mi
Data provided by GreatSchools.org © 2025.
All rights reserved.
