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Updated about 3 years ago on . Most recent reply

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17
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2
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Charlie S.
  • Chicago, IL
2
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17
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House Hacking in NY/Jersey

Charlie S.
  • Chicago, IL
Posted

We are relocating to NYC for a job, and want to house hack. What neighborhoods are most attractive for 2-4 flats? Does anyone have any experience they can share and what did you consider (i.e., NJ vs NYC, FHA, turnkey vs value-add, etc.)?


We are new to NJ/NYC and my husband will need to commute into Manhattan for his job whereas I will be working from home, so location (i.e., safe/livable neighborhood) and proximity to public transit into the city will be important criteria for us.

Most Popular Reply

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15
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13
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Lisa Mejias
  • Rental Property Investor
  • 07006
13
Votes |
15
Posts
Lisa Mejias
  • Rental Property Investor
  • 07006
Replied

Hi there! I currently house hack a two-family in Essex County New Jersey which is about 30 minutes from the city. I think you should be looking at Essex County and Hudson County. Bloomfield in particular has gone through an amazing transformation and has attracted many NYC residents and commuters. I'm sure it's important for you to live near the train I would look at town that has direct access into the city. 

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