Buying & Selling Real Estate
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 6 years ago,
investing in NYC vs New Jersey
Hi!
I'm currently in the process of buying my first multi family home for under 650,000 in Cypress Hill Brooklyn. I've noticed the value of homes keep going up every year there for the last few years and already kind of late in the game there. They have gone up so much, I can only afford a single family now for about 590,000 or so. So my question is, should I just buy in a 2 level multi in Journal Square New Jersey for about 585,000 or is Brooklyn still a better investment? Thank you so much for reading and for your time to respond.