A Good Rental Property Price

[Akheem Gauntlett]

Good Morning Everyone, I live in Northern New Jersey and I am finally ready to take action and start acquiring Rental Property. I am going to implement the BRRRR strategy to start growing my portfolio. However, I seem to be running into some pretty high prices for Multi-Family homes. Anyone out there can find help me with a ballpark range on of pricing?

Prices I am seeing 150k and up. Is this normal for my area? Also any resources i can utilize to kind of get the average investment price for a certain area?