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John Frisina
  • Investor
  • Point Pleasant Beach, NJ
3
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Best Colleges in NJ for Student Rentals?

John Frisina
  • Investor
  • Point Pleasant Beach, NJ
Posted

Does anyone know which college or colleges in New Jersey has the greatest need for student housing? Rutgers New Brunswick due to size? Rowan because of its growth due to NJ gov support? Others? I am very interested in this niche and would appreciate any info 

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57
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Robert Shaw
  • Investor
  • Madison, NJ
30
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Robert Shaw
  • Investor
  • Madison, NJ
Replied

1) Rutgers dorms are not expensive 2) Rutgers require students to live on campus first two years 3) Plenty of land to put up new housing 4) SFR and multis in town are really old stock

Most colleges can destroy off campus market just by requiring undergrads to live on campus.

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