All Forum Posts by: Mark Dresdner

Hello BPers:

Are you able to recommend a real estate agent who is a superstar in the multifamily investing space in Hudson and Bergen Counties, NJ? Must have solid multifamily experience. Please only recommend agents you know and have worked with. 

Thanks!
Mark

Thanks for sharing. Inspirational and impressive. You showed real grit. Congrats! 

Hello Fellow BPers!

I am wondering if the City of Orange, NJ is a good town for multifamily investing. On one hand, there are signs of the town improving and cap rates are decent. However, on the other hand, the crime rate is high and there are many empty buildings. 

Do you have a view on the town's multifamily investment potential -- considering the current situation and potential changes in the future?

Thanks!
Mark

@Chris Masons : Thanks for the advice. Yes, I live in Bergen County. I have heard that from others too that the high prices and taxes make finding a good investment challenging. 

I am looking for a multi-family that doesn't need much work in a solid rental market. I am guessing the cap rate will be around 5.5% to 7.0% for this type of property.

Cheers,
Mark

Hi BiggerPockets Community!

I am new to BiggerPockets and am exploring investing in multifamily properties in New Jersey. I would love to hear your thoughts on which New Jersey markets are best and why? 

Thanks!

Mark