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Updated over 6 years ago on . Most recent reply

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Jason J Consoli
  • Edgewater, NJ
0
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6
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Looking for info on Bayonne...

Jason J Consoli
  • Edgewater, NJ
Posted

Hi everyone, my first post on BP so please forgive me if I'm not up to date on all the acronyms, haha.

My wife and I are newlyweds and looking to buy our first house together; we want a place that we can buy and hold for maybe 5-7 years, then either rent out or sell depending on the market.  

I'm looking for as much information about the real estate market in Bayonne as I can find.  We both have commutes in that area (I'm in downtown NYC near WFC, she's in Hoboken/Jersey City), and it looks like most of the housing we're seeing is more affordable than Hoboken/JC.  But admittedly I don't know much about the area and want to make sure it's not only a good investment but safe as well.  We don't currently have any children but that could change in the next few years, so ideally we would need a place with 2-3 bedrooms.

Any help would be greatly appreciated - thanks!

Jason

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77
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Michael S.
  • Rental Property Investor
  • Dallas, TX
39
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77
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Michael S.
  • Rental Property Investor
  • Dallas, TX
Replied

Hi @Jason J Consoli

My home is in the northwestern part of bayonne. 

To understand future development plans, check out the following link : http://www.nj.com/hudson/index.ssf/2017/06/bayonne...

While not everything will come to fruition, the master plan does show where the path of progress will be.

The lower area is nice, but too far away for me to NYC via light rail unless I lived right next to the station.

Mike 

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