Im originally from BK..and that market is on fire..
I sell in exchange and downtown jersey city now..
So Im admittedly a little biased..
Both areas have uber invetment potential..
However I give the edge to Downtown Jc and exchange place..
1 reason..commute to manhattan and the financial district
exchange place is ten minutes to the financial district by Path..
and with manhattan rapidly climbing back up in real estate values..
where do you think these young professionals will move?
Follow the money..
here are some units in Exchange and Downtown Jc......
you can buy a luxury waterfront unit for 399,000
and rent it for about $2500
or you can buy a brownstone closer to 299000
and rent it for about $2000
those are strong cash on cash return on investment..dont you think?
check these out..