Is Newark REALLY that bad???? (lease, lawyers, houses)

[pwright1]

Believe me I was pleasantly surprised with all the progress taking place in Newark. I even visited my old elementary school, Maple Avenue School.

[scatman]

3 rules stand out in the modern era regarding urban development: 1) location, 2) location, and 3) location. Newark is in too prime of a location not to have a major turnaround. Penn Station to Penn Station within 15 minutes.

The commercial development looks like it's already there: The PAC, Rutgers and Seton Hall Law, The Gateway Center, the law firm Proskauer Rose (that's a major firm, folks!), etc. The next challenge is the crime cleanup and residential development.

NY Sun columnist and real estate guru Michael Stoler has been pushing Newark real hard in his TV shows. And he's been pushing that location argument to the end. Right now, residential developers he's had on his show haven't bitten. Yet! Of course, the social and political realities of Newark have to be challenged head on.

However, individuals and some developers have taken chances and settled in economically and socially challenged neighborhoods and cities (for lack of a better phrase), have seen the revitalization, have the benefits of 15 minutes to work, and have had their property values fly through the roof! (see Harlem, and now looks like DC!).

[cyntmac]

Newark is very good location wise but this has been tried before. As have all these posts. LOL

[scatman]

Originally Posted by cyntmac

Newark is very good location wise but this has been tried before. As have all these posts. LOL

True, but location means money, and everyone knows what happens with something's in the way of money.......!

[brandosgirl]

Is there a better part of newark??? Is one side of newark better than the other???

[sandyart]

Having worked in Newark, NJ for five years I did not once venture out for lunch. The city is trying to spur growth with PAC, but forget it- - Newark is a horrible city filled with drugs and crime
IMHO!

[DowntownJerseyCity]

Originally Posted by sandyart

Having worked in Newark, NJ for five years I did not once venture out for lunch. The city is trying to spur growth with PAC, but forget it- - Newark is a horrible city filled with drugs and crime
IMHO!

The only part I would live in (and that's if the only other choice was Kabul) would be near the PAC or the Ironbound.

[66nexus]

Originally Posted by HobokenGuy

The only part I would live in (and that's if the only other choice was Kabul) would be near the PAC or the Ironbound.

Agreed. As far as the area around the PAC/Gateway it is generally a safe area.

[pwright1]

I wouldn't mind living in one of those beautiful large homes near Weequahic Park.

[dirtyjersey]

yea definatly dont move to newark with kids. living to see your teens in newark or any major city in jersey would be an accomplishment.