Rental market snapshot for McGinley Square, Jersey City

McGinley Square rental market summary

The rental market in McGinley Square, New Jersey is showing signs of growth. In July 2023, there were 186 new listings, a significant increase from the previous month. The median rent in July 2023 was $2,233, a slight increase of .8% from the previous month. However, when compared to the same time last year, the median rent has increased by 11.0%. This indicates that the rental market in McGinley Square is becoming more competitive and prices are increasing.

Overall, the rental market in McGinley Square is showing signs of growth. With more listings and an increase in median rent, it is becoming a more attractive option for renters. With the current trend, it is likely that the rental market in McGinley Square will continue to grow in the coming months.

Median rent for all residential properties in McGinley Square

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The most expensive listings and top trending buildings in McGinley Square

Most Expensive Listings

AddressRent PriceBed / Bath
4 Beacon Way$10,0004 / 3.5
20 Beacon Way$4,7491 / 1.0
54 Harrison Ave$4,5006 / 3.0
20 Beacon Way$3,6662 / 2.0
20 Beacon Way$3,1732 / 2.0

Top Trending Buildings

building nameavg rent price
Shuster Management$2,534
PRIME REAL ESTATE LLC$2,532
Sym Hudson$2,275

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Bedroom Breakdown in McGinley Square

Studio
$1,895
MEDIAN RENT
1 Bedroom
$2,336
MEDIAN RENT
2 Bedroom
$2,888
MEDIAN RENT

McGinley Square neighborhood apartments rents

The rental market for studios in McGinley Square, New Jersey, is relatively stable. In July 2023, there were 7 new studio listings, with a median rent of $1,895. This is only a slight decrease of .2% from the median rent of $1,898 in June 2023. This indicates that the rental market for studios in McGinley Square is relatively steady and not subject to large fluctuations in rent prices.

The rental market for 1-bedroom apartments in McGinley Square, New Jersey, is showing signs of stability. In July 2023, there were 27 new 1-bedroom listings, indicating a healthy supply of rental units. The median rent for 1-bedroom apartments in July 2023 was $2,336, only a slight increase of .4% from the median rent in June 2023. This suggests that the rental market is not experiencing any significant fluctuations in pricing. Overall, the rental market for 1-bedroom apartments in McGinley Square, New Jersey, appears to be stable.

The rental market for 2-bedroom apartments in McGinley Square, New Jersey, is showing signs of stability. In July 2023, there were 10 new 2-bedroom listings, and the median rent for 2-bedroom apartments decreased by 4.0% from June 2023 to July 2023, from $3,010 to $2,888. This suggests that the rental market is not experiencing any major fluctuations, and that the prices of 2-bedroom apartments are staying relatively consistent.

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Frequently asked questions

Our data is best categorized as "alternative data", which is a burgeoning sector. Through partnerships and direct feeds, we extract key factual elements that are publicly available within rental listings on internet listing sites and property websites. Once aggregated, we mine through the data to parse out relevant insights and calculate important metrics, benchmarks, and other KPIs. Each week, our system sifts through millions of listing observations and other pockets of market information to deliver the most comprehensive picture of rental housing available.

This is a metric that we try not to overthink. Simply, we take each unique listing observation within a geographic boundary and calculate a simple average. Of course, we're careful to filter for duplicates and other listings that aren't reflective of the market.

Yes, but please attribute us accordingly.

Yes. We can deliver bulk raw data in various formats. Please contact us to discuss - [email protected]

While some of our data is refreshed daily and other data comes in weekly, the bulk of it comes in on a biweekly basis.

Our coverage is nationwide! In our platform, we have data points for every ZIP code and neighborhood boundary in the country.

Every rental housing unit is differentiated by attributes such as its location, square footage, and amenity composition. Thanks to machine learning and natural language processing technologies we deploy, we're able to deconstruct our rental listing data points and identify key amenities for each listing. With this information, we're able to give signals around how certain amenities drive rental pricing value in certain areas.

Well, we think so! At the highest level, our process is simple. Listings data is ingested, cleaned (de-duplicated. etc.), analyzed for insights, and then presented to our users.

As of 2023-07-31, the median rent in McGinley Square is $2,233.
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