Neighborhood Profile

Liberty Park

Jersey City, NJ | Hudson County
Scored premium profile
Best Neighborhoods USA Index
61.3
National rank: #3,594 of 14,967
Stability and Strength
77.3
Score
Value Opportunity
79.5
Score
Momentum
10.3
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationJersey City, NJ
CountyHudson County
National rank#3,594 of 14,967
State rank#34 of 137
City rank#1 of 10
County rank#1 of 15
National percentile76.0
National bandTOP_25_PERCENT
Neighborhood Expert Opportunity
Become the Neighborhood Expert for this market

Reach consumers while they are actively deciding where to live.

Inquire about this market
Unsold commercial placement. No local expert is currently assigned.

Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$885,044
Year-over-year home value change-3.3%
Month-over-month home value change-1.02%
Home value to income ratio4.36
Median household income$202,902
Bachelor's degree or higher88.0%
Civilian unemployment rate1.6%
Homeownership rate22.4%
Housing vacancy rate4.3%
Rent burden 30% or higher35.4%

How to read this profile

  • Ranks are always shown with denominators.
  • Momentum reflects both year-over-year and month-over-month housing change.
  • Stability and Strength and Value Opportunity are governed composite scores.
  • Identity composition is descriptive intelligence and is not a scoring component.
Questions and Answers

Questions About Living in Liberty Park

What is the Best Neighborhoods USA ranking for Liberty Park?

Liberty Park is ranked #1 of 10 eligible neighborhoods in Jersey City; #34 of 137 eligible neighborhoods in NJ; and #3,594 of 14,967 eligible neighborhoods in the United States.

Is Liberty Park one of the best neighborhoods in Jersey City?

Liberty Park has a Best Neighborhoods USA Index of 61.3 and a city ranking of #1 of 10 eligible neighborhoods in Jersey City.

How much are homes worth in Liberty Park?

The current Zillow Home Value Index for Liberty Park is approximately $885,044.

Are home values rising or falling in Liberty Park?

Zillow neighborhood values changed -3.3% year over year and -1.02% month over month.

What is the Neighborhood Momentum Score for Liberty Park?

Liberty Park has a Neighborhood Momentum Score of 10.3. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Liberty Park?

The NDS-derived neighborhood median household income is approximately $202,902.

How affordable is Liberty Park relative to household income?

The current Zillow home-value-to-household-income ratio is 4.36. Price-to-income affordability is a major Value Opportunity input.

Is Liberty Park primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 22.4%.

What is the unemployment rate in Liberty Park?

The NDS-derived civilian unemployment rate is approximately 1.6%.

How educated are residents of Liberty Park?

Approximately 88.0% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Liberty Park face high rent burden?

Approximately 35.4% of the applicable renter-household universe is estimated to spend 30% or more of household income on gross rent.

How does Best Neighborhoods USA score Liberty Park?

The overall index combines 40% Stability and Strength, 35% Value Opportunity, and 25% Momentum. Race, ethnicity, and identity composition are not scoring components.

Governed ranking context

How this neighborhood ranks

HMDA Mortgage Intelligence

Neighborhood Mortgage Market

FULL_OR_NEAR_FULL

Modeled neighborhood-level mortgage activity allocated from governed HMDA tract data using Zillow neighborhood geometry. These neighborhood values are nonadditive and do not enter the Best Neighborhoods USA Index.

Activity year2024
Estimated applications22
Estimated originations12
Home-purchase applications15
Origination rate53.7%
Home-purchase share68.8%
Average application loan$3,500,757
Total application loan amount$78,506,046
National application rank#10,264 of 14,874 rankable neighborhoods
Geometry coverage99.8%
Recent trend: Applications -1.0% YoY; originations -7.1% YoY
Mortgage methodology

HMDA is natively reported at tract and other lender-reporting geographies, not Zillow neighborhood or ZIP geography. This module uses the certified NDS HMDA-to-Zillow tract-vintage crosswalk and area-weighted allocation. Rankings require governed geometry coverage. Applicant demographics are excluded. Neighborhood values may overlap and must not be summed to reconstruct ZIP or national totals.