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Drew Slew
  • Rental Property Investor
  • Union city, NJ
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194
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2family to CF in NJ hudson county

Drew Slew
  • Rental Property Investor
  • Union city, NJ
Posted Aug 7 2020, 12:24

im looking for the next 2-3family investment and trying to beat the one i got in 2018 in jercey city greenville, that was 395k 6/2 and rents at 3600, total monthly PITI is 2300-2500, essentially 1000 CF/m.

Looking in JC or Bayonne, Oranges more west, any pointers ok. Would be an FHA purchase 5% down, id live in 1 room and rent everything out so not looking for that much cf, 200-500/m is enough while i live there.

saw some in east orange, taxes seemed high. Greenville has appreciated too much but area is still real bad. hard to say if 2018 days are past w prices.