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New Jersey Real Estate Q&A Discussion Forum
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  • Rental Property Investor
  • New Jersey
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West New York New construction Condo househack/appreciation

Account Closed
  • Rental Property Investor
  • New Jersey
Posted Jan 15 2020, 13:53

Hey all,

I'm looking into purchasing a 2 bedroom luxury, new-construction condo in West New York near 60th street. Anyone have a good idea of appreciation metrics for the area? Do any local investors see the value of these properties reaching closer to Jersey City/Hoboken numbers inthe future? Any information will help. The Property is listed at around $570/ sq.ft with low monthlies and relatively inexpensive taxes and I want to know whether its a good time to invest in such a unit.

Thanks,

Nikhil

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