Quote:
Originally Posted by steves2
I am thinking of buying older houses in this area. Is this a good place to start buying in? Is the area a good one? What are the plus's and minus's?
Thank you.
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I lived in Atl. Highlands up until three months ago and looked in Highlands to buy. Are you planning to buy fixer uppers and flip? Buy and rent? Move there?
You are a few years behind the market for flipping, not to say you still can't do it but when the market went up Monmouth County had the highest increase, so the prices went through the roof. Now with the market slowing down you might be able to find a deal. There are plenty of house in the Highlands that need fising up and it is a desirable area.
IMO, you wouldn't have problem buying and renting in that area. There area lots of people that want to live there and work in the city via the ferry but are not ready to buy. (or can't)
If you are thinking of moving there, depending on your income.....there are better towns to live it. I wanted a big yard and that's nearly impossible to find there. Also, if you drive up and down the streets there, some of them are kinda scary. Best bet is to just drive up and down the streets there and write down houses you see for sale. Look them up on the internet.
Pro's: Close to the beach, lots to do, close to the city. Less expensive then surrounding towns.
Con's: Depends on what you want to buy there for. Not many jobs in the area. Some parts of the neighborhood are not too good.