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Information about Jersey City
Located on a peninsula between the Hudson and Hackensack rivers, Jersey City was home to an estimated 262,146 residents, based on 2014 U.S. Census Bureau figures. The 14.8-square-mile municipality grew out of the area known as Paulus Hook, where the Associates of the Jersey Company developed a charter that was later approved by future president Alexander Hamilton. Today, Jersey City is a major business and residential center, and its waterfront business district is becoming a popular alternative to the higher-rent downtown and midtown Manhattan districts.
One of the city's most well-known sights is the architectural landmark of the 1906 Hudson and Manhattan Railroad Powerhouse. Many more attractions can be found across the Hudson in New York City, which features such cultural destinations as the Museum of Modern Art, Central Park, the Broadway theater district, Times Square and the Statue of Liberty. Further afield, central New Jersey is dominated by the Pine Barrens, a vast nature reserve that offers opportunities for camping, hiking and other outdoor pursuits, while upstate New York is a regional vacation and weekend getaway destination.
Jersey City is home to New Jersey City University, a 4-year institution that enrolls around 8,000 undergraduate and graduate students, and Hudson County Community College, a 2-year college offering associate degrees and certificates. The city also hosts Saint Peter's University, a private, not-for-profit school offering associate's through doctoral degrees. Across the river in New York City are some of the world's finest colleges and universities, from New York University and Barnard College to Fordham University and Columbia University.
Economy and Employment
After nearby Newark, Jersey City is the second largest city in New Jersey. Its economy is deeply entwined with the New York City borough of Manhattan. Major financial institutions in the area include Goldman Sachs, J.P. Morgan & Chase Co. and Bank of America, among others. Jersey City continues to develop as a business and financial center and boasts a burgeoning central business district of skyscrapers and high-rises, although significant numbers of residents still commute to New York City to work in downtown and midtown Manhattan each day.