Investing & Househacking in Northern New Jersey
Hi everyone,
Right now, I am interested in purchasing investment property in northern New Jersey and was wondering if I could get a bit more insight.
About me:
33f currently living in lower Westchester County.
Work remotely but will commute to job in Manhattan 2-3 days a week
What I’m looking for:
Multifamily and house hack in Hudson, Bergen, Essex or Union Counties
Current budget is at 250-450k.
I would like to find a property preferably in an area that is up and coming and close to the city since I will be commuting. I also have a preference for towns that are very walkable since at the moment I don’t have a car.
My ideal city is Jersey City (previously worked in the downtown area) because of its proximity to NYC but I know that with my budget it would be very difficult to find deals.
Is North Jersey a reasonable option for me at this point or should I reconsider given my expectations? Many thanks!