Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
×
Try Pro Features for Free
Start your 7 day free trial. Pick markets, find deals, analyze and manage properties.
Followed Discussions Followed Categories Followed People Followed Locations
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: James Young

James Young has started 1 posts and replied 1 times.

Post: Belleville NJ - Rental Market Research

James YoungPosted
  • Bayonne, NJ
  • Posts 1
  • Votes 1

Hi everyone,

I'm planning on purchasing my first multi-family home in Belleville, NJ this year! Before I make the biggest investment of my life, I need to be sure that it's a smart one... 

I'm starting with an analysis on the rentals and sales in the market over the past year. I've done my own research using Trulia, Zillow, and Realtor.com, but I would like to have some hard numbers to back up the information that I found on those sites.

Please see below, I think this is a good starting point.. If anyone could help me run a report, or share any of your experiences with me you had when starting out in real estate I would really appreciate any advice.

Rental info:

  • Number of rentals on market
  • Median Rent
  • Average DOM
  • Median Rent by Bedroom Count
  • Median price per sqft by Bedroom count

Sales Info:

  • Number of sales
  • Home Values / Appreciation over the past few years
  • Median Lisat price per sqft
  • Median Sale Price
  • Average DOM

Thanks in advance

James