investing in a commuter location (central NJ)

[Matt I.]

Hey all. I was born and raised in Monmouth County New Jersey. I'm interested in investing in rental properties but I wonder if my location is really the right place. Central NJ is a unique location because it's a commuter's paradise. We are in close proximity to new York an hour north, Philadelphia an hour south, and the beach a half hour east. The town I live in has increased in scale and density over the past few years. Single family homes typically go for $300k and up, on the lower side. I often ask myself if this market has reached a plateau and if it's even worth buying a property for passice rental income. Does anyone have experience in the central NJ market? Let me know if you want to meet up for coffee or a beer 🍻 Thanks in advance