It is close to public transportation and directly next to a rail station.

Blue collars most likely want to live near transportation hubs, white collars prefer away, quiet area etc.

@Teresa F. he feels that the place isn't well insulated for the winter but as i stated I recently updated the windows last year December and the location is in a quiet suburb area with close proximity to transportation, groceries, and shopping.

That will appeal to the Military buyers, due to ease of transportation around the bay.

Hello all, from Jersey City.I'm John and my family and I currently own a house that we are having renovations done to in the Jersey City (Journal Square 07306) area, which is in a very good location for potential renters since it is close to: (transportation, food places, one train ride away from Newport Mall, etc)The property has gone through appraisal and after, was appraised at a pretty good value in the $350k+ range and I am wondering what to do to get started in real estate investing.I am interested in having it rented out but also POSSIBLY selling it, and getting multiple properties with a large amount of rooms (3-4+) that I can have rented out for cash flow.If any investors are in the 07306 area or have experience with investing in Jersey City, feel free to provide some feedback and some strategic insight.

Commercial loans is an unregulated markets, so lenders are free to come up with what ever they want and can do what ever they want.

Maybe the schools in your area are of better quality or it is closer to mass transportation. 

With all the public transportation available and the cost of parking in downtown and other area that folks work, it is more and mOre common to only have one vehicle per household.

Either it is a bad area for returns so no investors area there; or it is such a great area, i.e. excellent schools, low crime, close to amenities/.transportation, good rent to price ratio, that rentals get snapped up quickly.

But what I am left with will be applicants who commute to their jobs and will appreciate the convenience of living next to their transportation.-- I plan on sending my agent my offer tonight to send first thing in the AM.