Hello Bharath! Based on close proximity to NYC and dense population, the NJ Gold Coast (JC up to Fort Lee) is a viable market for multifamily/mixed-use investing. Positive market attributes that include shrinking vacancy rates (now under 5% on average) and low cap rates (average 6% - 7%) are contributing to stable market value long-term. To gain a strong sense of local submarket metrics & trends, I recommend keeping your area of focus small. WNY/North Bergen/Union City is a solid corridor for investing.