Beauty is in the eyes of the beholder, you have to decide for yourself. Both areas offer great investment opportunities and plenty of room for growth of future values. If you need help locating a property to purchase, feel free to contact me. Good luck!
Mitchell S. Feldman
Associate Broker/ Director of Sales
Madison Estates & Properties, Inc.
Office: (718) 645-1665/ Cell: (917) 805-0783
I am attracted to BK because of the low tax and therefore more percent of the money i put in per month goes into the apartment. But the growth in BK is rather sluggish in the past decade, whereas in waterfront areas in JC, there are still some appreciation.
In addition, some of the apts in Dumbo area are good but not selling. This doesnt seem to be a good sign.
Please feel free to call or email me to discuss. I grew up not far from Jersey City and have worked extensively in Dumbo and the surrounding area.
Vice President/Associate Broker
Prudential Douglas Elliman