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Updated over 8 years ago on . Most recent reply

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Taron Jackson
  • Brooklyn, NY
15
Votes |
74
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Looking at Newark, New Jersey

Taron Jackson
  • Brooklyn, NY
Posted

Hello BP....I'm looking to purchase property in Newark, NJ...I'm from NYC so for me, this is right next door. Can anyone let me know what neighborhoods to stay away from? Thanks. 

Most Popular Reply

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Darren Sager
  • Investor
  • Tampa, FL
1,685
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2,072
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Darren Sager
  • Investor
  • Tampa, FL
ModeratorReplied

Ugh.  More blind leading the blind on Newark again.  

At least @Account Closed and I can agree on one thing, he's one of the few that recommends investing there.   Highly disagree that when it comes to buy and holds it's great.   If you have experience in Newark it will help, but anyone coming and investing there as their first time I don't believe it's a good option.  You need to be weathered a bit before venturing into this space.  

I've asked an attorney to confirm that rent control in Newark controls all rentals, including 2 family and single family homes.  Waiting a response.  

  • Darren Sager
  • 862-208-2287
  • Podcast Guest on Show #48
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