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Re: You know your neighborhood is gentrifying when...
#28
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sullyx wrote:
who's the fella walking the pig around Hamilton Park neighborhood? saw him this weekend.


Just saw that guy today in Hamilton Park. Nothing to see here!

Posted on: 2018/9/4 23:43
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Re: You know your neighborhood is gentrifying when...
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sullyx wrote:
who's the fella walking the pig around Hamilton Park neighborhood? saw him this weekend.


I was wondering what happened to that guy. Earlier he would walk the pig around Pershing Field.

I expect at some point seeing someone walk a Savannah cat. The F-1's cost $10k+




Posted on: 2018/9/4 14:46
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Re: You know your neighborhood is gentrifying when...
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who's the fella walking the pig around Hamilton Park neighborhood? saw him this weekend.

Posted on: 2018/9/4 13:56
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Re: You know your neighborhood is gentrifying when...
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You count 3 beamers, 2 mercedes and one jaguar on a block where toyotas and hondas were the usual...

Posted on: 2018/9/4 12:53
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Re: You know your neighborhood is gentrifying when...
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when you see a ten year old kid riding a unicycle while playing the youkulele.....seriously just happened

Posted on: 2018/9/3 23:56
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Re: You know your neighborhood is gentrifying when...
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The art gallery becomes an office for a redevelopment company.

(A reference to what happened to the former Distillery art gallery on Hutton Street)

Posted on: 2018/9/3 19:34
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Re: You know your neighborhood is gentrifying when...
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ecinjc wrote:
$15 for a bowl of ramen


Yup, that's hard to wrap my head around. Makes the $7.50 for a bowl of roast pork, wonton noodle soup at 99 Ranch a bargain.

Posted on: 2018/9/3 19:01
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Re: You know your neighborhood is gentrifying when...
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$15 for a bowl of ramen

Posted on: 2018/9/3 3:10
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Re: You know your neighborhood is gentrifying when...
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JerseyCityNj wrote:
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brewster wrote:
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MDM wrote:
The multiple $0.99 stores are slowly replaced with the likes of Dulce de Leche bakery coffee shop.


Palisade is getting strange. Hipster bars and fancy coffee but not one pizza joint from Newark ave to the city line. Still plenty of Spanish food.


What about Pizza Vita on Palisade?


When did that open?? It's not there in street view from 11/17. I'll have to check it out, thanks. I most often go to Marco's, but it's good to have another option.

Posted on: 2018/9/1 19:58
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Re: You know your neighborhood is gentrifying when...
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brewster wrote:
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MDM wrote:
The multiple $0.99 stores are slowly replaced with the likes of Dulce de Leche bakery coffee shop.


Palisade is getting strange. Hipster bars and fancy coffee but not one pizza joint from Newark ave to the city line. Still plenty of Spanish food.


What about Pizza Vita on Palisade?

Posted on: 2018/9/1 19:08
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Re: You know your neighborhood is gentrifying when...
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You posted the most expensive infill house - a sample of 1 - in your initial example. I was surprised to find only the one house for rent around $10k. I look off and on and usually see one or more in the $11k-$14k range (Dixon). Maybe the rental market is retreating. I don't follow it anywhere close enough to really say.

Posted on: 2018/8/31 23:55
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Re: You know your neighborhood is gentrifying when...
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La_Verdad wrote:
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brewster wrote:

Yup, that's what tells me we're in a bubble, when you'd have to be insane to buy instead of rent. Would anyone spend more than $10k/mo in mortgage on 7th st? Taxes would be almost 2.2k/mo! Could you actually rent it for >$10k? I doubt it. Most houses DT seem to peak at around $6-7k.


Seems comparable


That's a sample of 1 on a site with few listings. If you use the tools to search Zillow for SFH in 07302 there's 20 hits. 2 are over $9k, by #4 you're down to $7500, by #8 it's down to $5750 and has been listed for 137 days!

https://www.zillow.com/homes/for_rent/Jersey-City-NJ-07302/house,mobile,land,townhouse_type/60639_rid/paymentd_sort/40.733665,-74.023691,40.707156,-74.06931_rect/14_zm/

Posted on: 2018/8/31 22:43
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Re: You know your neighborhood is gentrifying when...
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brewster wrote:
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hero69 wrote:
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brewster wrote:
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MDM wrote:
Christ... $1.85 million. What is the monthly rent equivalent?


Yup, that's what tells me we're in a bubble, when you'd have to be insane to buy instead of rent. Would anyone spend more than $10k/mo in mortgage on 7th st? Taxes would be almost 2.2k/mo! Could you actually rent it for >$10k? I doubt it. Most houses DT seem to peak at around $6-7k.
what makes you think this is bubble-licious?some people paying #$10K a month for 3-4 bedroom in Manhattan might find this a very good deal.


7th & Monmouth ain't Manhattan by a longshot. Why don't you look and see what houses in HP or VVP are renting for and compare that to what this house would cost per month to own, even after dropping $370k in downpayment.
i realize jersey city is not manhattan but there are plenty of people from manhattan and brooklyn looking for better value in jersey city. there was a time not too long ago that $1,000 for a studio was considered absurd. now some are asking $2400.

Posted on: 2018/8/31 20:21
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Re: You know your neighborhood is gentrifying when...
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brewster wrote:

Yup, that's what tells me we're in a bubble, when you'd have to be insane to buy instead of rent. Would anyone spend more than $10k/mo in mortgage on 7th st? Taxes would be almost 2.2k/mo! Could you actually rent it for >$10k? I doubt it. Most houses DT seem to peak at around $6-7k.


Seems comparable

Posted on: 2018/8/31 18:48
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Re: You know your neighborhood is gentrifying when...
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hero69 wrote:
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brewster wrote:
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MDM wrote:
Christ... $1.85 million. What is the monthly rent equivalent?


Yup, that's what tells me we're in a bubble, when you'd have to be insane to buy instead of rent. Would anyone spend more than $10k/mo in mortgage on 7th st? Taxes would be almost 2.2k/mo! Could you actually rent it for >$10k? I doubt it. Most houses DT seem to peak at around $6-7k.
what makes you think this is bubble-licious?some people paying #$10K a month for 3-4 bedroom in Manhattan might find this a very good deal.


7th & Monmouth ain't Manhattan by a longshot. Why don't you look and see what houses in HP or VVP are renting for and compare that to what this house would cost per month to own, even after dropping $370k in downpayment.

Posted on: 2018/8/31 17:01
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Re: You know your neighborhood is gentrifying when...
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brewster wrote:
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MDM wrote:
Christ... $1.85 million. What is the monthly rent equivalent?


Yup, that's what tells me we're in a bubble, when you'd have to be insane to buy instead of rent. Would anyone spend more than $10k/mo in mortgage on 7th st? Taxes would be almost 2.2k/mo! Could you actually rent it for >$10k? I doubt it. Most houses DT seem to peak at around $6-7k.
what makes you think this is bubble-licious?some people paying #$10K a month for 3-4 bedroom in Manhattan might find this a very good deal.

Posted on: 2018/8/31 16:34
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Re: You know your neighborhood is gentrifying when...
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MDM wrote:
The multiple $0.99 stores are slowly replaced with the likes of Dulce de Leche bakery coffee shop.


Palisade is getting strange. Hipster bars and fancy coffee but not one pizza joint from Newark ave to the city line. Still plenty of Spanish food.

Posted on: 2018/8/31 3:06
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Re: You know your neighborhood is gentrifying when...
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The multiple $0.99 stores are slowly replaced with the likes of Dulce de Leche bakery coffee shop.

I am hoping for Turning Point opening up a place here. Going to the one in Hoboken is a bitch.

Posted on: 2018/8/31 2:49
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Re: You know your neighborhood is gentrifying when...
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Your new neighbor buys a Lexus and parks it in the middle of a double-spot to prevent the bumpers from getting the slightest scratch. (I've already got one of those...the neighbor I mean)

Posted on: 2018/8/31 1:51

Edited by jcneighbor on 2018/8/31 2:06:34
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Re: You know your neighborhood is gentrifying when...
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The obnoxious loud music from the neighbors is classic rock not salsa or rap.

You see window bars on the curb for pickup! (Today)

That funny smell from next door is the neighbor's industrial sized smoker.


Posted on: 2018/8/31 1:44
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Re: You know your neighborhood is gentrifying when...
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When the furniture on the curb is nicer than the furniture in your apartment
And
$16 cheeseburgers
$5 dollar coffee

Posted on: 2018/8/30 23:34
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Re: You know your neighborhood is gentrifying when...
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When your local bodega stops selling loosies and begins stocking Kind bars.

Posted on: 2018/8/30 22:55
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Re: You know your neighborhood is gentrifying when...
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MDM wrote:
Christ... $1.85 million. What is the monthly rent equivalent?


Yup, that's what tells me we're in a bubble, when you'd have to be insane to buy instead of rent. Would anyone spend more than $10k/mo in mortgage on 7th st? Taxes would be almost 2.2k/mo! Could you actually rent it for >$10k? I doubt it. Most houses DT seem to peak at around $6-7k.

Posted on: 2018/8/30 20:30
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Re: You know your neighborhood is gentrifying when...
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Pit bulls are replaced with small dogs and white women are jogging in the park before the sun comes up.

Posted on: 2018/8/30 19:39
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Re: You know your neighborhood is gentrifying when...
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MDM wrote:
Now if the tear-downs would stop being replaced with Bayonne boxes.


I wonder what the land price point for that is. Clearly DT reached it some time ago, there hasn't been a BB built here in a long time. There's some price that the BB developers say "nope", even though they probably could still outbid a nicer project because their construction is so damn cheap.

This is the DT infill: https://www.zillow.com/homedetails/323 ... -NJ-07302/162085086_zpid/


Christ... $1.85 million. What is the monthly rent equivalent?

Posted on: 2018/8/30 19:18
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Re: You know your neighborhood is gentrifying when...
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This thing is still making me laugh... I hope they're not implying that the building has a parking space.

Posted on: 2018/8/30 19:17
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Re: You know your neighborhood is gentrifying when...
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MDM wrote:
Now if the tear-downs would stop being replaced with Bayonne boxes.


I wonder what the land price point for that is. Clearly DT reached it some time ago, there hasn't been a BB built here in a long time. There's some price that the BB developers say "nope", even though they probably could still outbid a nicer project because their construction is so damn cheap.

This is the DT infill: https://www.zillow.com/homedetails/323 ... -NJ-07302/162085086_zpid/

Posted on: 2018/8/30 19:15
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You know your neighborhood is gentrifying when...
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... the rundown bar down the street, that used to have the alcoholics stumbling out of at noon time, is renovated into a hipster bar with live music.


Now if the tear-downs would stop being replaced with Bayonne boxes.

Posted on: 2018/8/30 18:54
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