Investing in Jersey City?

[Robert Khederian]

Hi everyone! 

I am a New York based aspiring investor looking for his first buy and hold property. I would like a multi family property--nothing more than 3 units. Since New York real estate is beyond ridiculous, I have broadened my search all the way... across the Hudson. Has anyone had success in Jersey City? I am thinking of exploring that area as well as Union City. I figure it has easy access to New York, so keeping an eye on it won't be hard or too time consuming (commute wise). 

Thanks!

Robert