@Danny LeeAre you planning to live in the home in JC and do you need to commute to Manhattan ?

I was interested in this deal because it seemed like a solid deal per pound in an very stable market.Montclair NJ has a mean income of 150k per household making it one of the wealthiest towns in the state.The asset is 35 minutes away from my apartment in Manhattan giving me and my investors comfort.1/3 of the partnership equity was provided by property manager and his family - something that always gives me comfort.the asset is 1 mile from Montclair state university How did you find this deal and how did you negotiate it?

during the "boom" times but COVID has loosened everything up and now 5% can be had in Manhattan, 6%-7% in Brooklyn and even 8% in the Bronx.

Where can I buy a househack within 1.5hr from midtown Manhattan (Grand Central)?

This can help you gauge demand and $/sq ft.There maybe paid subscriptions to some other services like rentometer but I am not aware of this.PS: RR/CP/PF/Hutto might get you $0.9 to $1.1/sq ft.

If you're looking to house hack in NJ, and be close to Manhattan, the taxes are going to be high. 

If I take my appreciation and profit from all 10 houses for the more than 10 years I made more money on one single family house in Torrance California during the 10 year period than I did for all 10 houses in Idaho.You can make more money every year on 1 house in Manhattan Beach California than you can on 20 houses in Compton California, or maybe you can make more money on 1 house in Torrance California than you can make on 10 houses in Compton California.Regardless, of whether or not my numbers are true or accurate, it is insane to invest your money based on advice from any person on the planet of this earth whether or not the person giving advice earned a trillion dollars from the real estate business.

It is ideally located close to a transportation hub where multiple bus lines converge making it a quick commute to midtown Manhattan.

Work remotely but will commute to job in Manhattan 2-3 days a weekWhat I’m looking for:Multifamily and house hack in Hudson, Bergen, Essex or Union CountiesCurrent budget is at 250-450k.I would like to find a property preferably in an area that is up and coming and close to the city since I will be commuting.

In Manhattan, the cost to purchase anything is over $1mm, which traditionally means $200k to put down.