Investing in Phillipsburg NJ. Pros/cons?

[Erin Murphy]

For the past few months or so I’ve been “scoping out” areas to buy & hold in (LTR). 

Yesterday I checked out a few properties in Phillipsburg, NJ. I found a few that I liked, price and condition wise. Listing prices/property taxes are awesome and rent prices look good as well.

My concern at this point is the average DOM for rentals. I saw a few that rented in about 2 weeks, but majority of them sat on the market for 40-60+ days. 

Does anyone invest there? What’s your take on the area in general?