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Updated about 4 years ago on . Most recent reply

Jan Pauley's profile image
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Jan Pauley
  • Investor
  • from Kansas City, Kansas
  • Member since Sep 9, 2015
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Jan Pauley's profile image
Jan Pauley's profile image
Jan Pauley
  • Investor
  • from Kansas City, Kansas
  • Member since Sep 9, 2015
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Jan Pauley
  • Investor
  • Kansas City, KS
2
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Buying & Selling Real Estate

Investing in Newark or Jersey City

Jan Pauley
  • Investor
  • Kansas City, KS
Posted

I am looking for short term housing for a family member and considering buying near Newark Penn Station or Journal Square in Jersey City for a short term investment, perhaps a fix & flip.  Any advice on what is happening in the market there or any other considerations?

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Hui Song's profile image
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Hui Song
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  • from New Jersey
  • Member since Jul 25, 2018
  • Posts 33
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Hui Song's profile image
Hui Song's profile image
Hui Song
  • Investor
  • from New Jersey
  • Member since Jul 25, 2018
  • Posts 33
  • Votes 17
  • Experience 10 Yrs
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Hui Song
  • Investor
  • New Jersey
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Hui Song
  • Investor
  • New Jersey
Replied

@Jan Pauley in Jersey city , near journal square, it is 2060 develop zone. Each 25x100 standard lot itself is close to 1M as a development lot, no mater what condition of the hiuse on it. You may look outside this zone to get slightly cheaper price. 

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