What am I missing here. I'm searching for properties in northern New Jersey that are close to you New York City and I keep getting a ton of houses in West Orange that look spectacular. Large houses with huge yards nice neighborhood everything just looks amazing unfortunately they're all single families but why is it that no other area tends to have nice properties like this? What is happening in West Orange? What is so special about West Orange?
Why does west orange properties look so different?
Attorney · Chatham, NJ · Member since 2016 · 63 posts · 40 votes
6y
@Mukul Lalchandani If you're a rehabber or builder that has a lot of cash (access to cash) on hand, then its a good market to flip in. I don't think there are a lot of multifamily opportunities that make sense from a cash flow perspective (high property taxes, high price per unit, etc.).
Attorney · Chatham, NJ · Member since 2016 · 63 posts · 40 votes
6y
West Orange has some very nice neighborhoods. It is located near Short Hills and Milburn, which have some extremely nice neighborhoods. West Orange has a direct train to NYC (midtown direct), which makes it a desirable place to live for commuters. It has a decent town that has been revitalized over the 10 years. It also has a college located near it/in it (Seton Hall). You might find some two families, but mostly you're only going to find single family homes outside of the downtown.
West Orange has some very nice neighborhoods. It is located near Short Hills and Milburn, which have some extremely nice neighborhoods. West Orange has a direct train to NYC (midtown direct), which makes it a desirable place to live for commuters. It has a decent town that has been revitalized over the 10 years. It also has a college located near it/in it (Seton Hall). You might find some two families, but mostly you're only going to find single family homes outside of the downtown.
Would you say there are good opportunities in West Orange? I never thought about that area.
Attorney · Chatham, NJ · Member since 2016 · 63 posts · 40 votes
6y
@Mukul Lalchandani If you're a rehabber or builder that has a lot of cash (access to cash) on hand, then its a good market to flip in. I don't think there are a lot of multifamily opportunities that make sense from a cash flow perspective (high property taxes, high price per unit, etc.).
Realtor · Union, NJ · Member since 2019 · 5 posts · 0 votes
6y
@James Lloyd West Orange does not have a midtown direct station into the city. What it does offer is a free jitney line to residents that’ll take them to a mid town direct line in the surrounding towns. West Orange is rather diverse in economics and ethnicities, a large town in square mileage. Their problem is high taxes, sometimes very high given the plot of land offered and living space.
Rockaway, NJ · Member since 2016 · 2k+ posts · 2k+ votes
6y
Not sure why you think West Orange is so special. Northern NJ has so many expensive areas with beautiful homes...Short Hills, Millburn, Madison, Chatham, Denville, Parsippany Hills, Montville, etc.