Looking at Newark, New Jersey

Looking at Newark, New Jersey

Brooklyn, NY · Member since 2016 · 74 posts · 15 votes

Hello BP....I'm looking to purchase property in Newark, NJ...I'm from NYC so for me, this is right next door. Can anyone let me know what neighborhoods to stay away from? Thanks. 

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Darren SagerPro Member
Investor · Tampa, FL · Member since 2013 · 2k+ posts · 1k+ votes
9y

Ugh.  More blind leading the blind on Newark again.  

At least @Account Closed and I can agree on one thing, he's one of the few that recommends investing there.   Highly disagree that when it comes to buy and holds it's great.   If you have experience in Newark it will help, but anyone coming and investing there as their first time I don't believe it's a good option.  You need to be weathered a bit before venturing into this space.  

I've asked an attorney to confirm that rent control in Newark controls all rentals, including 2 family and single family homes.  Waiting a response.  

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  • Investor · Yonkers, NY · Member since 2016 · 41 posts · 7 votes
    9y

    Hey Cindy thanks but the deal fell through in Newark but i picked up another  location in Bridgeport CT . Thanks though . If i land get back in the Newark market i will reach out .

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