Where to Invest in North NJ (Near NYC)?

[James Smith]

Hi everyone, 

I'm new to the site and have been enjoying reading through all the discussions.

I am considering buying a place somewhere in North Jersey (Jersey City, Newark, Bayonne, Harrison, etc). I currently work and rent in NYC but am interested in purchasing a unit which may have the opportunity to rent out part of it. What's the best place in the North Jersey area that is still close to NY, easy to rent, most growth potential?

Budget: <$800K

BR/BA: 2BR/1BA (for myself) + at least 1 BR/1BA for tenant (Flexible)