Looking to buy a Multi Family home in Dales Ave , Jersey city. The apartment is opposite to the Marion gardens in Dales Ave, Jersey city. How's the area and Is the area safe in the nights.
One of my friend told me that Marion gardens is a low income apartment community and its not that good in that street or area. But jersey city is not the same it was few years back, many areas are much safer these days.
I also would like to know about the schools over there, am from India and my kids are going to go to Pre-K this year.
How are the rent prospects in that area, I think I can get a rent of $2000 for a 3 bed 2 bathroom appartment since its close to journal square. The price is a bit high for the property, but I think rent would help a bit coming to the mortgage payment.
I would really appreciate any feedback, thanks in advance.