Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 1 year ago,

User Stats

7
Posts
0
Votes
Bukki Fabiyi
0
Votes |
7
Posts

Jersey City Heights vs. Journal Square

Bukki Fabiyi
Posted

Hi Everyone

I'm looking for some advice from anyone with experience or knowledge of the Jersey City property market.

I'm looking at two properties, both are condos,3 bedrooms 2 baths, both listed for $699k, one in Journal Square, the other in the Heights Jersey City by Liberty Avenue. The property in Journal Square is 8 minutes walk away from the Path station whilst the property int he Heights is 23 minutes walk from the nearest light rail (9th street light rail). Neither come with parking, the property is the heights is brand new, the journal square property is older, although the apartment itself is newish (doesn't need any work). Both have similar size square footage, although the Journal Square property has 3 full sized bedroom, the Heights property has 1 full sized an 2 small bedrooms.

I currently live in downtown Jersey City as a renter and I'm buying to live in initially, but expect to move out within a year or so, therefore, the ability to rent out the property is important. I want positive case flow when I do rent out the property so I would appreciate insight from anyone who lives in or has invested in either of these areas. Personally I prefer the Height property just based on appearance, it's a nicer property, however, my reservation is its distance from transport and local amenities like grocery stores. Any living in the heights who can advice on how easy it is to access local amenities, would be helpful.

Also, ability to rent a 3 bed in the heights vs a 3 bed in Journal Square, any thoughts on this? 

Journal Square seems sketchy in certain parts, is my assessment of that correct? Is it a safe area? The same question for the Heights, is it safe?

Appreciate insights on the above, as I'm about to make a decision in the coming days on these properties.

Thank you

Loading replies...