Earlier this month unit # 502 an 1104 sq. ft. condo at the Mandalay building 20 2nd Street Jersey City downtown sold for $955.25 per sq. ft or $665,812. The condo was on the market for 22 days and closed at $25,000 less than its list price of $950,000.
7 units have sold so far this year in this popular waterfront building. The average sale price is $921,544. The average days on the market 21. The highest price paid for a condo at the Mandalay in 2016 was $1,326,000.
The Mandalay boasts New York views and amenities such as large outdoor pool, community room, exercise room, 24 hr doorman and is about a 10 minute train ride to NYC.
Need to know what your Jersey City downtown condo is worth? Call me Janice Hall at 201 232 8577 or email janiceNJrealtor@gmail.com.
