Any investors in the Ironbound section of Newark?

[Travis Grossi]

Hi all -

I'm a teacher in Newark looking to invest in the next year in a multifamily that we can owner-occupy and rent out the remaining units. Ideally, the money we save on our mortgage will go towards a second property, and then go from there. 

We've lived in downtown Newark for the last two years, and while I'd love to invest downtown, it seems inventory is extremely limited, especially for multi families. However, the Ironbound section seems to have plenty of MFs and a stable stream of renters. 

Are any other BP investors active in the Ironbound section? If so, I'd love to hear your experience with the neighborhood!

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