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Updated over 7 years ago on . Most recent reply

User Stats

11
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11
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Thomas Lee
  • Long Island City, NY
11
Votes |
11
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Seeking Investor-Friendly Real Estate Agent in Newark, NJ

Thomas Lee
  • Long Island City, NY
Posted

I'm an investor seeking to scale a portfolio in this market over the next 2-3 years. Any recommendations would be greatly appreciated.

Most Popular Reply

User Stats

11
Posts
11
Votes
Thomas Lee
  • Long Island City, NY
11
Votes |
11
Posts
Thomas Lee
  • Long Island City, NY
Replied

Thanks @Russell Brazil and @Jessica Zolotorofe.

@Liz C. well, I guess that's what it takes to find appreciation in the greater NYC market. That's what they said about Williamsburg and Hell's Kitchen in the 90s, Bed Stuy in the '00s, and Jersey City in the early '10s. Gentrification is a powerful thing and having seen it up front, I wouldn't bet against it. NYC is constantly expanding its borders. I don't think Newark is a sure thing but I think long-term buy and hold investors should be long Newark. 

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