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Updated about 3 years ago on . Most recent reply
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Property Investment in North Jersey
Hi everyone, I am looking to buy a home in Northern Jersey. I want a multi family home so I can rent out the units. However I’m not exactly sure what are some good areas to purchase/invest. Definitely don’t want a property in places like Paterson or Newark. I was thinking maybe Jersey city? I commute to the NYC for work and know that there are a lot of commuters from Jersey. I am 24 yrs old and live in Passaic and want something that isn’t more than 40 mins away unless it’s actually worth it.
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Hey there @Annaliese Sanchez! I currently house hack in Essex County and the communte to the city is reasonable (about 30min). I agree with @Shawn Mcenteer, attending local meet ups is a great way to meet investors like yourself whether new or experienced. I personally gain valueable info and make connections each time I have attended. Have you looked at towns like Belleville, Bloomfield and surrounding areas?