In recent years, Jersey City has become increasingly popular for not just professionals commuting into New York City, but for young families looking to live in a bustling and multi-cultural city. This often means purchasing one of the new homes in Jersey City.
The History of Jersey City
By the 1970’s, Jersey City was in the midst of a major decline due to political corruption, a rising crime wave and a declining economy. Between 1950 and 1980, the city had lost over 75,000 residents and approximately nine percent of its work force. Everything, however, began to turn around for Jersey City in the 1980’s
A major renaissance began during the 1980’s on Jersey City’s waterfront. There was quick development of many state-of-the-art high rise buildings, which increased the working population, bringing back professional residents. Since the 1990’s, the population of Jersey City has been back on the rise after decades of a massive population decline. The development of “Wall Street West,” Exchange Place, brought huge numbers of jobs by many financial institutions. One of the biggest commuting advancements was the development of the light-rail, which brought streetcars to downtown Jersey City. All these pieces of the puzzle came together to turn Jersey City into the exciting city it is today, full of opportunity!
Living in Jersey City
Living in one of the new homes in Jersey City often means living in a vibrant multi-cultural community, complete with great shopping opportunities and restaurants. There are many wonderful neighborhoods for a young and expanding family, including multiple historic neighborhoods, which would provide a unique living experience for everyone.
A major concern when considering one of the new homes in Jersey City is the different schools available for children. This should be considered both from a real estate value standpoint as well as deciding on the best schools for the home buyer’s children. As the second largest city in New Jersey, Jersey City has a wide variety of schools to choose from, whether looking for public, private, charter or religious education. Proximity to the schools from the new homes in Jersey City under contemplation is also an important consideration. At most recent count, there are 87 schools in Jersey City. This includes 56 public schools and 31 private schools. Jersey City public schools belong to 12 districts. Jersey City is also home to Saint Peter’s College, Jersey City State College and Hudson Community College. This way, students can begin their education as children and go all the way through to college and remain in a neighborhood they know and will love as they grow.
