Best Rental Markets in Southern/Central New Jersey

[Nick Payton]

I would like to ask the advice of my fellow BiggerPockets members in the South Jersey area.

What markets do you think are the best for rental properties?  I currently live 10 miles outside of Philadelphia, and I'm willing to move as far north as Trenton if the right opportunity comes along.

Certain towns I've looked into include Collingswood, Haddonfield, Morrestown, Freehold, etc.  However, some of these towns (ie, Collingswood) maybe have already hit their peak.

Any opinion or experience any of you could share would be beneficial.  Thanks in advance!

[Lafontant Cherilus]

I also live in Collingswood. I missed the last SJREIA meeting (at Holiday Inn , Cherry Hill NJ). My wife is a realtor and we were both excited to attend. ...only one thing. ..I wrote down the wrong day! Was looking forward to seeing Matt Faircloth. I work in Philadelphia and I look forward to attending future SJREIA meetings. Nick - like you, I'm looking to do OO Multifamily. But you're right..it's really tough to find..so I may just have to bite the bullet and crunch the numbers on a single family that I'd stay in for a year or two and then rent that out. The cashflow may not be as great as a duplex but it will have to suffice. Times like this.. I miss north jersey (where I'm from) where there were tons of triplexes and quads!