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Updated about 3 years ago on . Most recent reply
South Jersey Markets
Hi Everyone,
I wanted to put up a discussion about the South Jersey Real Estate market. I wanted to describe a little of whats going on in terms of particular areas and offer as much knowledge that I have and encourage everyone else to do the same so we can all find out where the deals we are looking for are.
So...in no particular order(sorry if I spell them Wrong):
Good rental Markets(SFR to 4plexes)-
Sicklervile, Collingswood, Audobon, Woodbury, Gloucester City, Lindenwold, Camden, Haddon Twp, Haddon Heights, Somerdale, Magnolia, Vineland, Bridgeton, Westville, Berlin, Clementon, Blackwood, Deptford, National Park, Paulsboro, Pennsauken, Pitman, Runnemede, Wenonah, Willingboro, and Winslow.
Good Flip Markets(Single Family homes)-
Washington Twp, Cherry Hill, Bellmawr, Sicklerville, Stratford, Voorhees, Haddon Twp, Haddon Heights, Blackwood, Clementon, Deptford, West Deptford, Glassboro, Lumberton, Maple Shade, Mt Laurel, Pitman, Willingboro, and Woodbury Heights.
Commercial/Apartment Complexes(Business fronts to 20 unit apartments)-
Berlin, Woodbury, Camden, Burlington City, Glassborro, Vineland, Woodstown, Blackwood, Mt Laurel, Paulsboro, Voorhees, Gloucester City, Gloucester Twp,
These are just the towns that I have personally researched, there are others and of course you can find rentals and flips in either town, this is just what the town is more apt for and what is moving the best. As far as commercial and apartment complexes go I have found more deals in those towns than others.
If you have particular questions about the towns please let me know!
Look forward to hearing everyones thoughts!
William Lees Jr
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William Lees
Thanks for the post. What criteria did you use to determine whether a town fit into the rental or fix/flip category? I tend to think that higher real estate tax means better for flipping. Thoughts?