For investors looking to make a bet on a particular area of town that is not already developed, then they would look to 2 different areas in town.
The North West area of Hoboken, currently undergoing big changes, beautification, re-zoning and is bringing in commercial property in addition to residential mix use buildings..
And The South area of Hoboken along Observer Highway and Newark. It will also be going through big changes like the North West area is currently going through, but we will likely not actually start to see it for another few years.
Prime Real Estate Group