NYC migration to Jersey

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NYC migration to Jersey

Stan Koper
Member since 2025 · 14 posts · 7 votes

Curious if the exodus could be a good opportunity for me. I have a house in Jersey and had planned on selling in the next few years. Now the new fear has in NYC curious if maybe it's time to take advantage of the "Great Migration" ... thoughts

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Shawn McenteerBusiness Member
Realtor · Boonton Township, NJ · Member since 2013 · 2k+ posts · 1k+ votes
1y

Hi @Stan Koper I lean conservative, It is very unlikely I would vote for newly elected mayor of NYC in my life time. I am only saying this to let you know I am not making a bias opinion.  I live in NJ. I do not see "Great Migration" happening.  And if it does those people are unlikely to head to New Jersey.   Plain and simple conservatives have been saying the exodus speech for years.  People are leaving but it never equates to anything like its made out to be.  The people leaving are those nearing retirement, retired or filthy loaded.   Most people getting out of NYC to come to NJ have that plan in mind without politics being the driving force.   

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  • Jeff Hamann
    Member since 2025 · 23 posts · 12 votes
    1y

    I doubt we'll see that big of a migration, and it definitely won't be all at once. I doubt the math on the house in NJ changes too much, but you never know. If you weren't going to sell anyway in the next couple years, can't hurt to wait and see.

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  • Basit SiddiqiBusiness Member
    Accountant · New York, NY · Member since 2015 · 8k+ posts · 4k+ votes
    1y

    I think the fear is overblown.

    NYC has had a positive projectory post covid(in my opinion). 

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  • Shawn McenteerBusiness Member
    Realtor · Boonton Township, NJ · Member since 2013 · 2k+ posts · 1k+ votes
    1y

    Hi @Stan Koper I lean conservative, It is very unlikely I would vote for newly elected mayor of NYC in my life time. I am only saying this to let you know I am not making a bias opinion.  I live in NJ. I do not see "Great Migration" happening.  And if it does those people are unlikely to head to New Jersey.   Plain and simple conservatives have been saying the exodus speech for years.  People are leaving but it never equates to anything like its made out to be.  The people leaving are those nearing retirement, retired or filthy loaded.   Most people getting out of NYC to come to NJ have that plan in mind without politics being the driving force.   

    973-975-3895
    House Hacking New Jersey561 Reviews
    WebsiteView Page
    1Reply
  • Stan Koper
    OP
    Member since 2025 · 14 posts · 7 votes
    1y
    Great perspective! Thanks for sharing your thoughts on the subject. It’s an interesting time for sure. During COVID property around me rocketed, but I didn’t have the flexibility then.
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