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Updated about 5 years ago on . Most recent reply

User Stats

19
Posts
3
Votes
Anthony Henriquez
  • Flipper/Rehabber
  • Totowa, NJ
3
Votes |
19
Posts

Hillcrest - Paterson, NJ

Anthony Henriquez
  • Flipper/Rehabber
  • Totowa, NJ
Posted

Hi all, I’m looking for RE investors and professionals who have some knowledge of the Hillcrest area of Paterson.  

Most Popular Reply

User Stats

750
Posts
386
Votes
Vaughn Smith
  • Lender
  • New Jersey
386
Votes |
750
Posts
Vaughn Smith
  • Lender
  • New Jersey
Replied

@Anthony Henriquez Hillcrest is one of the better sections of Paterson, if you're flipping single family homes sell for the high $200s- mid $300s. When searching for a flip or rental there consider room size and layout as functional obsolescence is common, also be careful of properties on the far South and East Side of the city as they may require flood insurance which can increase your hold time on a flip as these properties can take a bit longer to sell.

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