Saugerties, NY · Member since 2014 · 98 posts · 32 votes
Hi all,
what are some good buy and hold areas you'd suggest in NJ. Either SFH or MFH. Would you consider East Brunswick, Trenton, or any other areas. Criteria are good cashflow but are up and coming growth areas also (guess everybody wants that!)
Rental Property Investor · Trenton, NJ · Member since 2014 · 136 posts · 155 votes
12y
Hi Nathan,
We already connected on this but I thought I would reiterate it here - Trenton is a good place to invest - the ratios are great and some changes are on the way to transform the city.
Investor · Tampa, FL · Member since 2013 · 2k+ posts · 1k+ votes
12y
In my opinion there are many great areas to invest in NJ. I personally like places that are easy commutes into NYC. There will always be demand for those housing rentals. When you always have demand you can expect lower vacancy rates.
I wouldn't invest in Trenton or southern NJ but that's me. East Brunswick...... it depends however I don't see that as high demand area for tenants.
Investor · Woodstown, NJ · Member since 2014 · 123 posts · 43 votes
12y
I have been investing in South Jersey and found it to be profitable. I think the key is to offer a superior product compared to the other local investors without breaking your bank. I focus typically is Salem County and Gloucester County NJ with close commutes to both Philadelphia and Wilmington De. What makes NJ tough in my opinion is taxes taxes taxes. Good luck!
Rental Property Investor · Trenton, NJ · Member since 2014 · 136 posts · 155 votes
12y
Hi Nathan,
We already connected on this but I thought I would reiterate it here - Trenton is a good place to invest - the ratios are great and some changes are on the way to transform the city.
I have been investing in South Jersey and found it to be profitable. I think the key is to offer a superior product compared to the other local investors without breaking your bank. I focus typically is Salem County and Gloucester County NJ with close commutes to both Philadelphia and Wilmington De. What makes NJ tough in my opinion is taxes taxes taxes. Good luck!
Jon how do you feel about the sicklervillesicklerville market for buy and holds?
Investor · Woodstown, NJ · Member since 2014 · 123 posts · 43 votes
11y
It's outside of my farm area so I don't know the particulars but if the numbers work it isn't a war zone by any means. I would imagine you would get a mix of folks working locally, in AC and of course Philly.
It's outside of my farm area so I don't know the particulars but if the numbers work it isn't a war zone by any means. I would imagine you would get a mix of folks working locally, in AC and of course Philly.
That's great to hear. I appreciate the response Jon.
It's outside of my farm area so I don't know the particulars but if the numbers work it isn't a war zone by any means. I would imagine you would get a mix of folks working locally, in AC and of course Philly.
That's great to hear. Thanks for the response Jon.