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Me and my husband are researching an area of Greenville ( close to cemetery by Garfield ave and Cator Ave). We currently live in Brooklyn,NY but are looking to purchase a house in that area. I've heard the crime rate is high( not in that particular part of Greenville, but further down), but the area will soon be gentrified. Any thoughts or tips would be appreciated. We'll be both commuting through public transportation (light-rail/path) on a daily basis to get to NYC. We know that nearby streets are not the safest, but the walking distance to light rail and nearby streets and park seemed to us to be safe and quite.
We appreciate the neighborhood of people with mixed cultures, but do not want to spend all of our savings on getting a house in a neighborhood where we would be afraid to sleep or walk at night.
If you're already looking that far south, you might as well look into Bayonne too. I'm assuming your price range prices you out of Jersey City Heights as well. You could look in West New York and North Bergen also. As long as you're very careful and know it's not a great area, it could be ok. I just wouldn't recommend Greenville to anyone who could afford something better. JC gentrification is happening from the north side of the city. Downtown is fully gentrified. It's into Journal Square the Heights now. But even just south of JSQ, McGinley Sq still gets rough and Bergen/Lafayette is not nice yet. Greenville is an extra neighborhood south. I just seeing it taking a very long time to get nice enough to notice a good return on your investment for the hassle you've gone through of living in the area.
If you're already looking that far south, you might as well look into Bayonne too. I'm assuming your price range prices you out of Jersey City Heights as well. You could look in West New York and North Bergen also. As long as you're very careful and know it's not a great area, it could be ok. I just wouldn't recommend Greenville to anyone who could afford something better. JC gentrification is happening from the north side of the city. Downtown is fully gentrified. It's into Journal Square the Heights now. But even just south of JSQ, McGinley Sq still gets rough and Bergen/Lafayette is not nice yet. Greenville is an extra neighborhood south. I just seeing it taking a very long time to get nice enough to notice a good return on your investment for the hassle you've gone through of living in the area.
This last sentence is very profound....come on the NYC forum and tell them this too.....
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"The man who sleeps on the floor, can never fall out of bed." -Martin Lawrence
Some of the homes over there have been beautifully renovated, but that area has a lonngggggggg way to go. Broken glass in a lot of the backyards, people congregating in front of stores and just hanging out all hours of the day (went there several times on different days to view homes). I just couldn't seal a deal over there because I kept getting turned way off by what I saw and felt.
Because of this, I felt each home that I saw was vastly overpriced. At least with Brooklyn you could saw "well, it's not far from Park Slope or, you can get to such and such area in a few minutes by the subway" or "the housing stock is yadda yadda". Not the case with Greenville or Bergen Lafayette.
No please do not buy into the hype, did you see the shooting at police that just happened in Greenville?
What is your budget? You can find a single fam house in JC Heights, just spend some sweat equity to make it better that area is definately 100% safer and gentrifying
still cheaper than brooklyn. I would buy a Newer or renovated home in Greenville as along as its less than 490k 2 family and 430 one family.
Buy where u can afford with the best transportation options....plain and simple. There is no shortcuts in deals except short sales, foreclosures etc. Each area has different rates of growth. If NJ gets its property tax issues under control, places like greenville will be more competitive.
I bought a New construction house 4000 sqft in Downtown Newark, 20 min walk from Penn... near lincoln park. all less than 500k. the same house in Brooklyn would be 800k and 700k in queens... referring to any home with the same distance from Public Transportation. The Bus to penn also stops on my block but i just walk
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