Rental Property Investor · Collingswood, NJ · Member since 2013 · 171 posts · 61 votes
Hello –
I am considering expanding my portfolio to Camden, NJ. I understand the crime is extremely high there and that most neighborhoods would be considered war zones. However, if I could find streets within that city that historically do not have high incidences of crime (by Camden standards), then I believe it may be worth the further research.
Does anyone invest in or know someone who has invested in Camden, NJ?
Thanks,
Rick
Hey Rick
I've been thinking of doing the same thing. Rutgers University has been pouring millions into that city, the police department has been restructured and it's close to the waterfront. I believe Camden will be a hot spot in the years to come.
I have a friend who has some property there and gets good returns. There was also a recent speaker at the local reia who has 80 houses there.
I'm getting as good results in Atlantic City. I gave some thought to Camden but the returns here are as good and violent crime is much higher in Camden. We do have high property crime tho
I'm not sure how hands on or if distance factors but the returns are probably similar in Newark. Philly is very attractive and is my pick after AC
Great point. I checked out a property in Camden today and I am looking at another tomorrow but I agree that Atlantic City might be a better place to go with less violence.