Welcome to City-Data.com Forum!
U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > U.S. Forums > New Jersey
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
Reply Start New Thread
 
Old 04-16-2010, 11:16 PM
 
Location: Hoboken
19,890 posts, read 18,722,751 times
Reputation: 3146

Advertisements

Quote:
Originally Posted by Nexis4Jersey View Post
+ Newark has more stable land then JC or Hoboken.

Thanks again. When you have a lot of something it is less valuable. More available land makes that land LESS valuable. Less available land makes it MORE valuable. Therefore JC land is more valuable than Newark land. (of course there are other factors involved in determing value)
Reply With Quote Quick reply to this message

 
Old 04-17-2010, 12:10 AM
 
Location: On the Rails in Northern NJ
12,380 posts, read 26,802,008 times
Reputation: 4580
Quote:
Originally Posted by shorebaby View Post
Thanks again. When you have a lot of something it is less valuable. More available land makes that land LESS valuable. Less available land makes it MORE valuable. Therefore JC land is more valuable than Newark land. (of course there are other factors involved in determing value)
When i said stable land , i mean't the land quality. The Valuable parts of the NJ Gold Coast are all in Flood Plains and slightly below sea level. You have probably noticed that. Hoboken has Flood alot over the past few years , maybe not the entire city but enough to clog it up. Newark is above sea level so it doesn't have that bad a problem. Also Newark isn't built on reclaimed land like most of the NJ Gold Coast.
Reply With Quote Quick reply to this message
 
Old 04-17-2010, 05:07 AM
 
Location: Hoboken
19,890 posts, read 18,722,751 times
Reputation: 3146
Quote:
Originally Posted by Nexis4Jersey View Post
When i said stable land , i mean't the land quality. The Valuable parts of the NJ Gold Coast are all in Flood Plains and slightly below sea level. You have probably noticed that. Hoboken has Flood alot over the past few years , maybe not the entire city but enough to clog it up. Newark is above sea level so it doesn't have that bad a problem. Also Newark isn't built on reclaimed land like most of the NJ Gold Coast.

Their simply is no way to argue that Newark real estate is as valuable JC/Hoboken real estate. From an investment perspective JC is the place the poster wants to live.
Reply With Quote Quick reply to this message
 
Old 04-17-2010, 06:29 AM
 
Location: On the Rails in Northern NJ
12,380 posts, read 26,802,008 times
Reputation: 4580
Quote:
Originally Posted by shorebaby View Post
Their simply is no way to argue that Newark real estate is as valuable JC/Hoboken real estate. From an investment perspective JC is the place the poster wants to live.
You'll see by the end of this decade , how much the Newark-Elizabeth Metro has caught up to JC and the NJ GC. You can deny it all you want shorebaby , but it is going to happen. You can either be a part of it , or on the sides in denial.

Last edited by DarkWolf; 04-17-2010 at 07:11 AM..
Reply With Quote Quick reply to this message
 
Old 04-17-2010, 01:02 PM
 
Location: Newark nj
195 posts, read 395,355 times
Reputation: 72
Dorian, I watched Redbulls special on MSG 3 weeks ago, the host of the show, the players, GM, talked about how great it was to play in Newark area, actuality they talked about Newark more then Harrison on the show, also if you go to the Redbulls arena website they have a map of downtown Newark on there website. Believe me if you can count the GIANTS and JETS as New York teams, which is a joke, you can count a team which plays 300 yards away from Newark as a Newark team.
Reply With Quote Quick reply to this message
 
Old 04-17-2010, 01:19 PM
 
Location: Newark nj
195 posts, read 395,355 times
Reputation: 72
Shorebaby downtown Newark or the Ironbound hands down is the better long term investment, please tell me what world class venue JC heights has to match Pru center NJPAC or Newark museum, these venue will attract big time investment.
Reply With Quote Quick reply to this message
 
Old 04-17-2010, 08:16 PM
 
2,881 posts, read 6,078,498 times
Reputation: 857
Quote:
Originally Posted by jknic View Post
and it's just as easy to get to from the Ironbound as it is from Jersey City via PATH
Certainly can't imagine walking from JC to Red Bull Arena vs. crossing a bridge. From the Ironbound the PATH isn't all that useful.
Reply With Quote Quick reply to this message
 
Old 04-17-2010, 08:22 PM
 
2,881 posts, read 6,078,498 times
Reputation: 857
Land that's more expensive doesn't necessarily mean it's always the better investment.

JC certainly has higher-dollar figure properties, but, like Manhattan, you're paying more for less.

Several developers a couple of decades ago saw JC as a better investment than Manhattan. Of course Manhattan was the tried and proven location, but it was not the end all. Now, those brownstones and properties like it (which in the 80's couldn't even have been given away) are commanding prices in the high hundred-thousands and up into the millions.

A 'better' investment varies by circumstance (and to whom is doing the investing).
Reply With Quote Quick reply to this message
 
Old 04-17-2010, 09:24 PM
 
Location: Newark nj
195 posts, read 395,355 times
Reputation: 72
Right on 66nexus !!!
Reply With Quote Quick reply to this message
 
Old 04-17-2010, 11:30 PM
 
Location: Murphy, NC
3,223 posts, read 9,613,254 times
Reputation: 1456
lol, I've got lost before walking from Newark and into Harrison and didn't even notice it. The passaic river bridge is like 20 ft long.
Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:



Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > U.S. Forums > New Jersey

All times are GMT -6. The time now is 09:20 AM.

© 2005-2024, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Contact Us - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37 - Top