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My wife and I are relocating the NY/NJ area and are in the process of looking at properties. Our main search has focused from Jersey City up the NJ Gold Coast up to the GW bridge. One thing that I am finding is that the properties in JC appear to be a considerable amount cheaper in price than the areas north.
While digging deeper into the listings many of the properties appear to be either gut rehabs or already fitted out with all the granite and stainless. My question ....IS JC considered a up and comming area?
After doing some statistical research,I see that the area has a high crime rate.. is this due to a focused area of JC where the majority of crime occurs that skews the numbers or is the crime wide spread?
If you look back you will see that there are some very recent posts about this same subject. The same people will answer the same way each and every time.
That being said, I will repeat myself again.
I would stay away from JC. I lived in Bayonne for 30 years and I have had first hand experience with JC...and it is negative, for the most part. If you want to be close to the same area then look Hoboken, Cliffside Park and Edgewater.
The crime there is pretty high for a city of 200,000, and for someone who knows nothing about the different sections of this city you could be, one day, walking into a keg of dynamite.
Their really needs to be a post that stays at the top of this forum about jersey city hahaha. I would defenitly recomend maybe edgewater or weehaken waaaaay over JC. And if I hear "up and coming" one more time not only about JC but also other places that have alot to be desierd im gonna flip my lid (no offense to the original poster). Seriously though JC has that big construction boom or whatever downtown but all in all you would probebly be alot happier in the places I mentioned before. Plus isnt most of the soil contaminated in JC? That explains alot for me since im a product of JC.
My wife and I are relocating the NY/NJ area and are in the process of looking at properties. Our main search has focused from Jersey City up the NJ Gold Coast up to the GW bridge. One thing that I am finding is that the properties in JC appear to be a considerable amount cheaper in price than the areas north.
While digging deeper into the listings many of the properties appear to be either gut rehabs or already fitted out with all the granite and stainless. My question ....IS JC considered a up and comming area?
After doing some statistical research,I see that the area has a high crime rate.. is this due to a focused area of JC where the majority of crime occurs that skews the numbers or is the crime wide spread?
My wife and I are relocating the NY/NJ area and are in the process of looking at properties. Our main search has focused from Jersey City up the NJ Gold Coast up to the GW bridge. One thing that I am finding is that the properties in JC appear to be a considerable amount cheaper in price than the areas north.
While digging deeper into the listings many of the properties appear to be either gut rehabs or already fitted out with all the granite and stainless. My question ....IS JC considered a up and comming area?
After doing some statistical research,I see that the area has a high crime rate.. is this due to a focused area of JC where the majority of crime occurs that skews the numbers or is the crime wide spread?
I would not invest money in JC. Some of the young people are renting there, but I would not feel safe there. For resale value, you may have problems selling in a questionable area.
Sure its cheaper there, because its due to the crime rate.
Diane G
Go for it... JC isnt that bad. There are some sections some people may want to shy away from. Near the Waterfront its superb
Define "superb".
Does superb come with homes that are actually on the water, with a shoreline to walk on?
Does superb come with a grass-filled backyard?
Does superb come with a low-crime rate for a City of 200,000 people? Superb?
Whether JC is a good investment depends on where you look and what you buy. Demand for RE close to PATH stations downtown is insatiable. New inventory keeps coming online in the form of highrise condos. If those aren't your thing, brownstones near Grove Street and the Hamilton Park area are in demand too, but in fixed supply. I wouldn't say Downtown Jersey City is up and coming, I'd say it has almost "arrived." Away from downtown, there is a very different Jersey City. You have to be very careful where you look. There are some new developments in the Journal Square area and lots of rehab going on in the Heights that look promising, and perhaps those areas are ready for the type of change that has happened downtown, but that would be several years into the future, IMO. Areas such as Bergen-Lafayette, Marion and Greenville are hands-off, IMO. Stay away.
The fact is, 24-hour subway access to Manhattan is a huge selling point for parts of Jersey City. People are paying the rents, and they're paying to own. The neighborhoods downtown have changed a lot in recent years as a result. Crime is higher than average, and it's something to think about, but (and people here may think I'm crazy for saying this), you're not going to get mugged outside your house every day (if ever). Be smart about where you look.
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(no offense to the original poster). Seriously though JC has that big construction boom or whatever downtown but all in all you would probebly be alot happier in the places I mentioned before. Plus isnt most of the soil contaminated in JC? That explains alot for me since im a product of JC.
grew up there till first year of hs
