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217 Newark Ave #317, Jersey City, NJ, 07302

2beds
2baths
896sqft
$799,000
$892price/sqft
$5,620/moest. monthly cost
$224,800/yrincome needed

About This Home

Welcome to 217 Newark Ave, Unit 317, a sun-drenched south-facing 2-bedroom, 2-bath residence in the heart of Downtown Jersey City. This polished end-unit condominium offers added privacy, in-unit laundry, hardwood flooring, abundant natural light, security intercom, and a thoughtfully designed layout. The kitchen has been elevated with added pantry storage, and a dedicated workspace has been created in the foyer, resulting in a seamless blend of function and design. Recent upgrades include a new water heater, microwave, dishwasher, and a new HVAC unit, offering a move-in-ready experience with added peace of mind. Residents enjoy two complimentary washer/dryer rooms, a dedicated bike rack in the garage, access to shared spaces including a roof deck and courtyard available to reserve for private use. Parking space 16 in the attached, indoor garage can be transferred for rent with this unit. There is no need to be on an otherwise, long waitlist. Perfectly situated just a short stroll to PATH, Liberty State Park, acclaimed dining, boutique shopping, parks, and the best of Downtown Jersey City, this residence offers a sophisticated blend of comfort, convenience, privacy, and location. Zoned for PS 5, with onsite Pre-K and before/after-school programming options.

Getting Around

100
WalkingWalker's Paradise
81
TransitExcellent Transit
80
BikeVery Bikeable

Schools

7/10
Dr. Michael Conti SchoolGrades PK-80.3 mi
2/10

Construction

Materials

  • Construction materials: Block

Type & Style

  • Home type: Condo
  • Architectural style: Contemporary,Loft
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Dishwasher,Microwave,Refrigerator,Washer/Dryer,Electric Oven
  • Laundry features: Common Area

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Terrace
  • Flooring: Hardwood

Heating & Cooling

  • Heating features: Electric
  • Cooling features: Window Unit(s),Electric

Interior Area

  • Total structure area: 896
  • Total interior livable area: 896 sqft

Property

Details

  • Parcel number: 0612702000000004C0317
  • Other equipment: Intercom
  • Exclusions: All personal property.

Parking

  • Parking features: Covered,Garage
  • Has garage: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Heat Wave
Inland Flooding
Tsunami

FEMA Declared Disasters Across New Jersey Counties

Fire
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $4,040$48,480
Home Insurance *$190$2,280
Property Taxes $1,197$14,364
Electricity $193$2,318
Total$5,620$67,440
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$192,685/yr
40% on housing$168,600/yr
45% on housing$149,866/yr

New Jersey FAIR Plan Programs

New Jersey Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 7,029Commercial: 173
Total Premiums$5.54M
Total Exposure$1.19B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.6%
9.6%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: -1.5%
-1.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$892This listing

vs Other Active Listings

Avg $/sqft

ZIP 07302$658
Hudson County$473

vs Homes Sold Last Month

Median $/sqft

ZIP 07302$694
Hudson County$411

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-06-11Listed for sale$799,000
2015-11-23Sold$650,000
2015-08-27Listed for sale$633,000
2010-07-02Sold$395,000

For Sale by Agent

AgentPATRICK C SOUTHERN
BrokerageSERHANT NEW JERSEY LLC

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