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Updated about 2 years ago on . Most recent reply

User Stats

75
Posts
35
Votes
Ty Martin
  • Real Estate Agent
  • Mooresville, NC
35
Votes |
75
Posts

Rowan University / Glassboro / South Jersey

Ty Martin
  • Real Estate Agent
  • Mooresville, NC
Posted

Hi NJ BP Family!

After I close on my first property (which I am currently working through) I am interested in looking into Student Housing opportunities in the Rowan University / Glassboro area.  Based on some market study and interviews with current students, it seems that this area is set to boom.  I was wondering if there was anyone on BP who has any experience in the Rowan University area.  If not, anyone else who has interest, feel free to reply to this and let's get the ball rolling!  

Thanks everyone!

Most Popular Reply

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1,399
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794
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Jessica Zolotorofe
  • Attorney
  • New Jersey
794
Votes |
1,399
Posts
Jessica Zolotorofe
  • Attorney
  • New Jersey
Replied

Hi @Ty Martin. I actually just wrote an article on student housing, so I'm really interested to see how it goes for you. It's a really niche market, but the good news is that if you can't rent to students, you still have the  mainstream market to work with. I would try to see if the school would be willing to list your place when there is overflow (which NJ schools almost always have) or as an upper classmen option. They'll sometimes have brochures in the housing department office or flyers with available housing that they endorse. It makes a huge difference. Also, finding one student, even if you have to pay them a couple dollars, to post on the web forums or the sports forums or Greek life... anything that can boost your applicants, which in turn can boost your asking rent. Good luck and keep us posted!

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