Condo / High-rise home in Jersey City, NJ
A Condo condo in Jersey City, NJ, it offers 2 bedrooms and 2 bathrooms across 1,242 square feet. It sits within the greater Bayonne, NJ area.
| Price | $650,000 |
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| Beds | 2 |
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| Baths | 2 |
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| Sqft | 1242 |
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| Architectural style | Condo / High-rise (37% match) |
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| Address | 357 Varick St APT 224B, Jersey City, NJ 07302 |
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Why buy this home
- Confirmed Condo / High-rise architecture, matched from the listing photos by Enzo's vision model.
- Links directly to the original source listing on Zillow.
Is this a good buy?
Priced a little under the area.
- At $650K, this home is 6% below the $689K median for 318 similar Condo / High-rise homes in Bayonne, NJ.
- That works out to $523 per square foot, 22% below the $668 comparable rate.
- On the market 33 days.
| This home | $650,000 |
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| Condo / High-rise median in Bayonne, NJ | $688,500 (318 homes) |
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| Price per sq ft | $523 vs. $668 comps median |
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Enzo's reads public listing data and links to the original source. Confirm condition, HOA, taxes and fees there. This is a signal, not advice.
What it costs to own
Estimated at $5,010/month with 20% down at a 7.28% 30-year fixed rate. You would need about $214,696 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $3,558/mo |
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| Property tax (new-buyer reassessed rate) | $1,208/mo |
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| Homeowners insurance | $244/mo |
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| Total monthly | $5,010/mo |
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| Down payment (20%) | $130,000 |
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| Income needed | $214,696/yr |
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A signal to compare homes, not financial advice or a loan offer.
Financial outlook (modeled)
Enzo's grades this home C (59 out of 100) over a 5-year hold, from a Monte-Carlo of local home-price dynamics and the interest-rate path versus renting.
| Grade | C (59/100) |
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| Beats renting in | 6% of modeled paths |
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| Modeled 5-yr equity (median) | $301,820 |
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| Range (10th to 90th pct) | $174,468 to $448,443 |
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A probabilistic model built on public data (Zillow ZHVI, FRED rates), not a guarantee or financial advice. Local price dynamics are pooled toward US where local data is thin.
Local home values
Typical home values in United States have risen about 20% over the past 5 years (+1% in the last year), per the Zillow Home Value Index. This reflects the national market, not this specific home.
View this home on Zillow