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Updated about 4 years ago on . Most recent reply

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Nathaniel Hernandez
  • Paterson, NJ
11
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18
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Paterson Real Estate Forum

Nathaniel Hernandez
  • Paterson, NJ
Posted

Hello everybody I'm a new investor in Paterson, NJ. I'm motivated to build my portfolio and really clean up some of the Paterson areas where people seem to forget about. Thanks!!

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779
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Vaughn Smith
  • Real Estate Consultant
  • New Jersey
393
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779
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Vaughn Smith
  • Real Estate Consultant
  • New Jersey
Replied

@Steve O. it depends on what cities you’re comparing it too, taxes are more favorable than some like E.O crime is usually lower than other cities like Newark or Camden (per capita)


it’s hard to paint any of these cities with a broad brush there are opportunities in all of them but what they all have in common is that it’s best that you learn each section of the city and spend time there before investing in each city the neighborhoods can be vastly different in some instances even the “bad” sections have “good” blocks 

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