What do you think about Deptford/Woodbury, NJ?
Is this area decent for cashflow investing? Is it safe? I am not too familiar with the rental demand over there.
Please share your thoughts. Thank you so much!
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Parts of Deptford can be great, but there is not much residential around the mall or big shops, so most of it is a B/C neighborhood I would say. Almost all of Woodbury is a C class neighborhood and is relatively safe (father operated business here for few years and was fine, although he got a few crazy customers). There are occasional violent crimes in the area though; not somewhere you would want to roam alone late at night. I know an investor that is doing well in the town with Section 8 tenants. I do not personally see much appreciation occurring in Woodbury, especially with the staple Inspria hospital to be moved to Glassboro soon.