Originally posted by @Jacques Simon:
I'd argue the opposite, that Newark is more of a buy and hold as tenants will be transplanting form JC and other expensive parts of Hudson County and even some parts of New York. With that said, the city is going through its early phases of revitalization and will look riskier for more risk-averse developers. I follow big money and see what they are building in a specific redevelopment zone, if big developers are building condos it's a buy and sale zone, if they are building apartments for lease it's a buy and hold area. But, that is just my analysis, the side of the argument can be valid as well.
Thanks Jacques for creating this thread , I live in Essex county and looking deals in Newark , Montclair and East Orange areas , I like your way of looking for buy and sale or hold zones , thanks for sharing , Harrison is also one area which had gone under the tremendous change specially near the path station.