Jersey City, New Jersey, United States

🇺🇸 Jersey City is the second-most populous city in the U.S. state of New Jersey. It is the seat of Hudson County as well as the county's largest city. Jersey City has the third-highest density of any U.S. city.

Constituting part of the New York metropolitan area, Jersey City is bounded on the east by the Hudson River and Upper New York Bay and on the west by the Hackensack River and Newark Bay. A port of entry, with 30.7 miles (49.4 km) of waterfront and extensive rail infrastructure and connectivity, the city is an important transportation terminus and distribution and manufacturing centre for the Port of New York and New Jersey. Jersey City shares significant mass transit connections with Manhattan.

Redevelopment of the Jersey City waterfront has made the city one of the largest centres of banking and finance in the United States and has led to the district and city being nicknamed Wall Street West. By the early 2020s, the construction of residential high-rises made median rental rates the highest of any city in the United States.

Economy Jersey City is a regional employment centre with over 100,000 private and public sector jobs, which creates a daytime swell in population. Many jobs are in the financial and service sectors, as well as in shipping, logistics, and retail.

Jersey City's tax base grew by $136 million in 2017, giving Jersey City the largest municipal tax base in the State of New Jersey. As part of a 2017 revaluation, the city's property tax base is expected to increase from $6.2 billion to $26 billion.

Wall Street West Jersey City's Hudson River waterfront, from Exchange Place to Newport, is known as Wall Street West and has over 13 million square feet of Class A office space. One third of the private sector jobs in the city are in the financial services sector: more than 60% are in the securities industry, 20% are in banking and 8% in insurance.

Jersey City is home to the headquarters of Verisk Analytics and Lord Abbett, a privately held money management firm. Companies such as Computershare, ADP, IPC Systems, and Fidelity Investments also conduct operations in the city. In 2014, Forbes magazine moved its headquarters to the district, having been awarded a $27 million tax grant in exchange for bringing 350 jobs to the city over a ten-year period.

Retail Jersey City has several shopping districts, some of which are traditional main streets for their respective neighbourhoods, such as Central, Danforth, and West Side Avenues. Journal Square is a major commercial district. Newport Mall is a regional shopping area.

Portions of the city are part of an Urban Enterprise Zone (UEZ). Jersey City was selected in 1983 as one of the initial group of 10 zones chosen to participate in the program. In addition to other benefits to encourage employment and investment within the Zone, shoppers can take advantage of a reduced 3.3125% sales tax rate (half of the 6.625% rate charged statewide) at eligible merchants. Established in November 1992, the city's Urban Enterprise Zone status expires in November 2023. About one third of Jersey City is included in the state's largest Urban Enterprise Zone.

Port Jersey Port Jersey is an intermodal freight transport facility that includes a container terminal located on the Upper New York Bay in the Port of New York and New Jersey. The municipal border of the Hudson County cities of Jersey City and Bayonne runs along the long pier extending into the bay.

The north end of the facility houses the Greenville Yard, a rail yard located on a manmade peninsula that was built in the early 1900s by the Pennsylvania Railroad,

The central area of the facility contains GCT Bayonne, a major post-panamax shipping facility operated by Global Container Terminals that underwent a major expansion in June 2014. The largest ship ever to call at the Port of New York-New Jersey, the MOL Benefactor, docked at Port Jersey in July 2016 after sailing from China through the newly widened Panama Canal.

Other Goya Foods, which had been headquartered in adjacent Secaucus, opened a new headquarters including a 600,000-square-foot (56,000 m²) warehouse and distribution centre in Jersey City in April 2015.

In 2014, Paul Fireman proposed a 95-story tower for Jersey City that would have included a casino. The project, which was endorsed by Mayor Steve Fulop, would cost an estimated $4.6 billion. In February 2014, New Jersey State Senate President Stephen Sweeney argued that Jersey City, among other distressed cities, could benefit from a casino—were construction of one outside of Atlantic City eventually permitted by New Jersey.

In 2020, Merck & Co spin-off Organon International agreed to locate its headquarters at Goldman Sachs Tower.

Colleges and universities Jersey City is home to New Jersey City University and Saint Peter's University.