Any thoughts on West New York, NJ for buying a house

ITG / IT
QMbS26

ITG IT

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Virtu Financial
QMbS26
Mar 10, 2019 11 Comments

I’m looking at houses in West New York, NJ. This seems to be an unexplored area. You can reach Times Square (PABT) in literally like 25 mins ? Not sure what the catch is. Jersey City and other places in Manhattan are literally unaffordable.

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TOP 11 Comments
  • ITG / IT
    QMbS26

    ITG IT

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    Virtu Financial
    QMbS26
    OP
    Gotcha. I was thinking more from an investment perspective. Buy at a medium price and get a cash flow of 6-10%. Even though it’s a bad School district, people who work in the city still prefer staying in areas closer to the city with easy access to transportation. Thoughts ?
    Mar 10, 2019 0
  • ITG / IT
    QMbS26

    ITG IT

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    Virtu Financial
    QMbS26
    OP
    Gotcha. So good for people who only care about the commute and price.
    Mar 10, 2019 0
  • Bloomberg / Eng
    iVX372

    Go to company page Bloomberg Eng

    iVX372
    It's less nice and probably has worse schools. That's really the only catch
    Mar 10, 2019 0
  • ITG / IT
    QMbS26

    ITG IT

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    Virtu Financial
    QMbS26
    OP
    Yup, good area. Not a great school district but good from a commute perspective to the city.
    Sep 29, 2019 2
    • Google
      wordcar

      Go to company page Google

      wordcar
      Thanks! So it’s quite safe? I’m looking at the apt along Hudson Ave, not along the river. Also seems this is old-fashioned Hispanic cultural zone. Would it feel culture-exclusive for non-Hispanic? I cannot even find any whole food market around. But I guess most people here drive for grocery. But I totally agree housing price here is amazing and good commute to city!
      Sep 29, 2019
    • ITG / IT
      QMbS26

      ITG IT

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      Virtu Financial
      QMbS26
      OP
      Yup, peaceful. Blvd east has good views but a bit pricey. Jfk Blvd toward 58 to 59th Street has good houses for a decent price. There is a Whole Foods in Weehawken. Definitely, a good location for an easy commute to the city.
      Sep 29, 2019
  • IPsoft
    cafe-latte

    Go to company page IPsoft

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    Apple
    cafe-latte
    There is no good school district in Hudson county
    Sep 29, 2019 0