Categories: Hoboken Condos
I’ve been telling my investor buyers for months now, that Journal Square is the next hot thing. No, it does not look that way today but that is the key to real estate investing. Get in before the neighborhood changes. And change, it is a coming.
Downtown Jersey City is still in flux and getting better every day. I saw some gorgeous units at the Boniface Lofts last night right near Newark Ave and the heart of the now-thriving commercial hub near Grove Street. A historic church has been converted with a focus on retaining the character of the original building and reusing materials. Prices are still well under $1,000 a square foot, a bargain compared to Brooklyn.
The entire scene downtown JC is coming alive. Barcade, of Williamsburg provenance, has opened on Newark Ave., Thirty Acres is getting tons of great press, with the kind of interesting menu that simply is not to be found in Hoboken. It all makes me want to move there.