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Updated almost 6 years ago on . Most recent reply
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Investment areas in New Jersey / NYC
Hi All
New investor currently living / working in Manhattan. Looking for insight on potential towns to invest in that are reasonable commutes to NYC (midtown / downtown). Interested in a fixer upper / multifamily investment in an up-and-coming area. I look at the MLS daily but theres so much out there, looking to hone in on a few specific towns /areas ideal for a young married couple hoping to start a family soon. Any suggestions? Primarily looking in New Jersey, open to anything north/west of NYC.
Thanks for any feedback!
Most Popular Reply
Look at Jersey City, NJ...Via PATH train, its a 15 minute commute to downtown WTC area and 25-30 minutes to Midtown, Penn Station area. While Downtown Jersey City is expensive, Journal Square area is moderately priced and the Greenville area is lower-priced as it is challenging/up-and-coming.