Asked by Yiannid, 07732 • Tue Sep 4, 2012
I'm trying to decide between 2 investment properties in New Â Jersey which I would like to use as summer rentals.
One property is a single family located in Highlands NJ and is Â on a major highway (route 36). Â It is 1 mile from the beach but its on a hill and had some views of the town, the bay, and the ocean. It is also a couple houses from where I live.Â
Property 2 is located in Asbury Park. It is 4 blocks from the boardwalk and 2 units. It had no views but in an ice area.Â
Both properties are resonably priced. I would like to go after the property in highlands because of the views and because it's close to where I live but the fact that it's on the highway concerns me. Â Any advice?
Thanks in advance.
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