West Bergen & West Side, Jersey City Investments

[Luis Savery]

Im looking to invest in West Bergen & West Side, Jersey City area and looking for any investors who know that area and thoughts around them.

[Farrukh Amini]

I live and invest here. Jersey City got really competitive in the last couple of years. While it is a lot harder to find any cash flowing properties, there are gems out there. You just have to keep looking. The areas that I still see opportunities are Greenville, West Side and Bergen Lafayette, but even these depend on your ROI goals. You might be around 12-13% CoC if you can find a duplex with a bonus unit, but very rare if you're shooter for more.
be careful with Greenville and parts of Bergen Lafayette and do your due diligence. Some blocks are a D and attract only lower income tenants which most of the times are high maintenance tenants. Nothing wrong with that if you get into that class neighborhood with the right expectations and preparation. I have investments in Greenville, Bergen Lafayette, West Side, and JSQ so feel free to ask any questions.