Multi-Family in North Jersey?
Hi all, brand new to real estate. I’ve been looking in the north jersey area on Zillow for multi-family units but they’re all very expensive. Is north jersey a place a person starting out should even look at for their first investment?
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In Hudson, if you're into fixers for buy and hold, check into Bergen Lafayette or West Bergen in Jersey City. If you're looking for something a little more done in an "up and coming" area that'll appreciate a lot but that will provide good cash flow now, check out Union City, West New York, and definitely the Heights in Jersey City. For Essex County, same concept, try the Oranges or parts of Newark-just watch out for high taxes there. Happy to answer any questions about the specific areas if you want to message me. Don't give up on NJ!