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Good places to invest in NJ
Hi BP!
I'm currently looking for safe places to invest in NJ. I'm thinking I would want to be in Central NJ. I'm new to investing. I heard it is a good idea to find one place and know the market. Does anyone know of any towns or areas?
Thanks.
Most Popular Reply
In general Central jersey is a weak market, so whenever a deal comes across they go so fast because the demand for deals is so high, but the supply of deals are so LOW! If you're talking about central jersey for rentals, I would say look into Plainfield, and check a little south of central jersey like Ewing or Hamilton. Central jersey is stronger for flipping rather than rentals. If you're looking to get into the rental aspect of investing look deep North, or deep South in Jersey. Like Newark, Irvington, East Orange for North, but for South check out Trenton, Camden, Berlin, Burlington, Willingboro, Pine Hill.
Back to your question though lol, for flipping in Central jersey target Middlesex, Somerset, Union, and Mercer counties these counties are great for flipping but very difficult to find a deal.