Professional rent vs buy calculator optimized for commercial properties in Jersey City. Local market data shows 5.8% average cap rates and $625,000 median property values.
This calculator is optimized for commercial property investments in Jersey City. The market data above reflects current conditions in the Jersey City real estate market, helping you make informed decisions about commercial property investments.
The Jersey City, NJ commercial real estate market offers unique investment opportunities. With a median home price of $625,000 and average cap rates of 5.8%,commercial properties in this market present a stable investment profile.
Current market conditions show properties averaging 42 days on market, with year-over-year appreciation of 4.2%. Average cash-on-cash returns for commercial investments in Jersey City are approximately 9.2%.