New medical school coming in Nutley/CLifton? (real estate, rental)

[bon_viv]

Just came to know about this recent news of Roche campus being converted into med school and eventual transfer of Seton Hall's other related schools as well..if and once they get the med license ...
should be a good news for the towns considering Roche was a big tax paying corporate and while the new entities are not for profit, they will pay some taxes...
Anyone else sees any other benefits to the local community and real estate/rent prices? I am assuming there will be school housing but there must be some increase by non students or students who can't afford school housing..
Can it also impact these towns school rating in few years ?

and to sum it up - does it make for a good investment or is it too soon / late already? Thanks.

Roche's Clifton, Nutley campus sold; lease signed for medical school - Business - NorthJersey.com

[masterchef1]

when roche closed down it did not make a big impact on real estate prices so when something opens up there it probably will not have a big impact either.
I believe its only part of the old roche campus, not the whole thing.

[PPOOZ]

Being that there is a shortage of rental properties on the nutley side, my neighbor is considering making his residence a rental home and once the school is fully operational, I would consider selling my home to the highest bidder. Hopefully the school looks to pickup our properties being that they are close to the location.

[Dangerous-Boy]

I wish I could go to the seton hall medical school.

[Lowey]

My niece lives in Nutley and is starting school today in a damn trailer because of the overcrowding. Super high taxes and 6th graders have to be put into trailers, disgusting.

[bon_viv]

Originally Posted by Lowey

My niece lives in Nutley and is starting school today in a damn trailer because of the overcrowding. Super high taxes and 6th graders have to be put into trailers, disgusting.

Jeez - true super high taxes and ratings have also come down in the last couple of years..