Jersey City-West Side Avenue station (section 8, rentals, houses)

[altimas35]

I am looking into investment properties in Jersey city near or around West Side Avenue light rail station. I have come acrossed a property on Grant Avenue, between Weside Avenue and JFK Boulevard. How is Grant street in general? The neighborhood? I read the area is up and coming and that the West Side campus of Jersey City University is being redeveloped?

[JERSEY MAN]

Having lived in JC for 35 years and worked there approx. 30 years I have drove down that block about 1,000 times. Up and coming I would say definitely not close to the light rail yes 2 minutes. That block in particular is one of the smallest in dimesion side by side and hardest blocks to park a car on probably in the state. There are a lot of better places in JC not far from that locale that are safe as far as city standards are. Please feel free to PM. Also that block is a hill and if it snows forgettuhbouttit.

[altimas35]

Yeah, I agree but the property is closer to west side avenue so it takes less than 2 minutes to walk to the light rail station. The pro is it's up and coming, the light rail is right around the corner, Jersey City University west side campus is being redeveloped and old houses are being torned for new construction. The con is the street is narrow, and the area is comprised of low-to mid income family, therefore in terms of rental income, it may be difficult to rent the unit out. How's the rental market around there???? Do you think it's easy to get the place rented out?????????????

[JERSEY MAN]

Altimus, The area has alot of section 8 rentals and it has breakins prob. every 2 weeks. Yes it is close to the college. Maybe a decent investment but me personally would not want to live there. 30 years on the force and 20 in that area.