![]() |
![]() |
![]() |
![]() |
|
|||||||
Welcome to City-Data.com forum! Make sure to register - it's free and very quick! You have to register before you can post and participate in our discussions with 400,000 other registered members. User profiles and some forums can only be seen by registered members. After you create your free account you will be able to customize many options, you will have the full access to over 13,000 posts/day about local topics and you will see fewer ads. Within the last few months our forum was cited in an article in 15 newspaper and in a story on AOL's homepage.| Search our forums (advanced): |
![]() |
|
|
|
|
|||
|
|||
|
I was coming from the EWR airport and drove thru newark yesterday and I must say that If I were a single guy all by myself with no kids I would def buy in newark right now. Altough there are areas that are ghetto like, the downtown area around NJPAC and the Ironbound section are still pretty good buys. Now, sure, if you buy in the ghetto don't expect big return on your investment and make sure you buy a bullet proof vest, but wasn't NYC like that back in the 80's (Hello?? calling Mr. Getz!) and look at NYC right now. You have to think long term and as I see it, a 10 to 15 year investment in newark is a risk worth taking.
|
|
|
|||
|
|||
|
I have to agree....although Ironbound is way way too expensive!
Around the arena seems like a good bet...anywhere further north is just too risky |
|
|
|||
|
|||
|
i would wait another 6-8 yrs lol.. that just me... The new mayor is doing his job though. and it is starting to look alot better!
|
|
|
|||
|
|||
|
Quote:
The time to buy is now, low interest rates, buyers market, undervalue properties, redevelopment and expansion of the business district. I'm telling you, in 15 years the return on your investment will be there. |
|
|
|||
|
|||
|
i have to say, NJPAC is really impressive
|
|
|
|||
|
|||
|
Well, that's my point, 15, 20 years ago that whole area was depressive and pretty much run down and look at it now, also around commerce st, broad st, ferry st, the prudential building etc, etc, etc. I don't care what the nay sayers think, Newark will be a hot market in 10 years.
|
|
|
|||
|
|||
|
Wow I forgot all about Bernie Getz.......
|
|
|
|||
|
|||
|
Yeah, how soon do we forget that NYC was not a very nice, liveable area 20 years ago, where a white man was so afraid that he pulled a vigilante move ala Charles Bronson.
|
|
|
|||
|
|||
|
or Son of Sam.......yikes is he still alive in prison or what?
|
|
|
|||
|
|||
|
Mr. Berkowitz aka son of sam is still in prison, Bernie is out & about if I'm not mistaken.
|
|
Please register to post and access all features of our very popular forum. It's free and quick. Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com. |
![]() |
| Thread Tools | Search this Thread |
| Display Modes | |
|
|