- 1 - 2 BedsBds
- 1 - 2 BathsBa
- 945 - 1046 SqftSqft
$3,550 USD / mo
With more than 20% of the population between the ages of 25 and 34, Jersey City is ranked as one of the best cities for millennials in the U.S.
Jersey City is the 17th largest city in the U.S., just marginally smaller than Washington DC and Detroit, and the second-largest city in New Jersey, after Newark. While there are many bigger cities, Jersey City encompasses one of the largest business districts in the U.S. within its borders.
Jersey City is just 7 miles from Manhattan. Although it’s part of the New York metropolitan area and offers rapid transit options into Manhattan, journey times on public transport typically take around 40-mins, while driving the 7-miles is only marginally quicker at 38 minutes on average.
Jersey City enjoys a moderate climate with average annual lows of 46.5°F and highs of 63.3°F.
Residents love the sheer amount of things to see and do in Jersey City. For example, the Jersey City Free Public Library offers several interesting exhibitions and collections across its five branches, while the iconic Loew’s Jersey Theatre (the only one outside of New York City) hosts an array of events and performances and continuously showcases classic Hollywood movies. In addition, Jersey City enjoys a vibrant nightlife, an excellent restaurant scene and amazing views of NYC. It’s busy enough to keep things exciting while avoiding the crowds of nearby New York.
As the city enters a new growth stage, there are inevitable struggles concerning traffic and public transportation, with commuters frequently experiencing crowding and delays.
On average, a meal in a typical inexpensive restaurant will cost around $15 in Jersey City. You can expect to pay about $80 on average for a 3-course meal for two people in a mid-range restaurant. For a small bottle of water, expect to pay around $2.
A one-way ticket on local public transportation in Jersey City will typically cost around $2.75. Meanwhile, a monthly pass will average out at approximately $90. On average, taxis start at $3.75, plus $2.45 per mile.
Jersey City residents can expect to pay an average of around $145 per month on basic utilities, including electricity, water, heating and garbage disposal.
The average rent for an apartment in Jersey City is $2,779 per month.
The average apartment size in Jersey City is 824 sq. ft.
Rent for a studio apartment in Jersey City ranges between $850 and $3,822 per month.
Rent for a 1-bedroom apartment in Jersey City ranges between $140 and $5,142 per month.
Rent for a 2-bedroom apartment in Jersey City ranges between $1,295 and $8,340 per month.
Rent for a 3-bedroom apartment in Jersey City ranges between $1,507 and $10,000 per month.
The sales tax in Jersey City is 6.625%, which is slightly lower than state averages. Consumers can enjoy the benefits of this at the many shopping districts in the city, such as Danforth, Journal Square, West Side and Central Avenues.
A large number of Jersey City’s employed population work for investment and money management firms. Some of the top employers in the sector include Lord Abbett, Fidelity Investments, Verisk Analytics, ICAP, ADP and Computershare. Forbes moved its headquarters to the city in 2014, creating over 350 jobs over the following decade.
|Not for Profit Companies||8,251|
There are two major universities in Jersey City; the New Jersey City University (NJCU) and Saint Peter’s University. Besides these, there’s also the Hudson County Community College and Rutgers University, which has its main campus in nearby Newark and offers classes as part of its MBA curriculum at its Harborside Center campus. All campuses are fairly close to each other, creating something of a student district, which merges well with the city’s larger cultural and art scene.
Some of the most popular things for Jersey City families to do include a visit to The Statue of Liberty, and while you’re there, why not explore Ellis Island national park? For something a little different, the Liberty Science Center offers a popular educational, yet fun, day out in the city.
Residents of Jersey City come from across the globe, lending the city a rich culture and buzzing diversity. Art lovers can enjoy the Katyn Memorial, designed by famous Polish-American artist Andrzej Pitynski. Alternatively, take a stroll to the ‘Little Manila’ district, home to a huge population of Filipino citizens. Here, you’ll find sumptuous Phil-Am food, or if you want to try cooking your own, head to one of the many Filipino grocery stores in the city.
Summer is a great time to enjoy some of Jersey City’s many annual events. Theater lovers will love the Hudson County Shakespeare Festival, which provides free performances of the famous bard’s plays each month. For fans of the big-screen, the Golden Door International Film Festival is a fantastic choice.
Jersey City has been enjoying a certain renaissance in recent years, with many new major construction projects underway, as well as renovation works across the city. A host of new apartments have been, or are being built, including many luxury condos.
In Jersey City, tenants are well protected throughout the rental process. For example, landlords are limited as to how much they can charge for a security deposit, with a cap on 1½ months worth of rent for the first year, then a maximum of 10% of the original deposit in each preceding year of tenancy. During the lease, landlords must give at least 24 hours notice before entering the rental unit for repairs or inspections. When it’s time to move out, landlords are required to return your security deposit within 30-days of your leaving.