Johnston Ave / Grand St median real estate price is $311,365, which is more expensive than 48.8% of the neighborhoods in New Jersey and 73.0% of the neighborhoods in the U.S.
The average rental price in Johnston Ave / Grand St is currently $1,473, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 53.9% of New Jersey neighborhoods.
Johnston Ave / Grand St is a densely urban neighborhood (based on population density) located in Jersey City, New Jersey.
Johnston Ave / Grand St real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) apartment complexes/high-rise apartments and townhomes. Most of the residential real estate is renter occupied. Many of the residences in the Johnston Ave / Grand St neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 2000 and the present.
Vacant apartments or homes are a major fact of life in Johnston Ave / Grand St. The current real estate vacancy rate here is 39.1%. This is higher than the rate of vacancies in 97.0% of all U.S. neighborhoods. In addition, most vacant housing here is vacant year round. This can sometimes be the case in neighborhoods dominated by new construction that is not yet occupied. But often neighborhoods with vacancy rates this high are places that can be plagued by a protracted vacancy problem. If you live here, you may find that a number of buildings in your neighborhood are actually empty.