Interesting excerpt:

Their study noted that between 2015 and 2020, high-income households earning more than $150,000 per year increased by 151% in Newark and by 75% in Jersey City.

The “Brooklyn” effect. Young upwardly mobile people looking get on the gentrification train early. Downtown Elizebeth and parts of East orange are seeing thing

Meanwhile I’m looking for any new apartment complex that do subsidiaries for low income because I need asap?

Tbh i have a few friends from Newakr who are making 100k and with their partner also making 70-100k so its not just outsiders. 100k really isnt alot tbh and thats a shame

Median income in Newark is 23,426.

So yes, making 5 times that is a lot.

Trying to understand what these 100k a year people be spending their finances on lol

Did you already email the shaq tower ppl?

I don’t have the email

Getting ripped off by Urby

There are a number of families moving to Forest Hill from Brooklyn (I personally know of two from Park Slope), and I wouldn't be surprised to see people getting priced out of Maplewood/Montclair/South Orange and doing the same thing.

These folks are buying homes in the historic district and sending their kids to private school.

Private school tuition!

Does that include Presidential Heights? I drive thru there on my way home and I've noticed some pretty houses with gardens, artsy string lights, et cetera.

I’m one those people. I just decided to buy a house in Ironbound a few years ago. Just gotta be smart with money. I sometimes splurge on sneakers, collectibles and firearms. But, still have enough to put away towards retirement, mortgage, and a little extra of play money.

>Yea e-mail Compliance@gershengroup.com for the affordable units at 777 mccarter

Per u/ironboundian

Newark is fucked

It’s looking more and more likely that I either move to South Jersey, or out of the state completely.

You got to spend money to make money 🤣

To where ?

Why so? High income earners bring jobs and opportunities. Don’t fall for the divisive garbage rhetoric that you have to hate other American because they have more money than you. Those high earners pay taxes. They help fund the schools. What mare should they do??? No one making 150k/ yr is a trust fund baby. Husband and wife making 75 grand each is more like it.

People are getting displaced; have the city build more public housing. Why can’t the city do that instead of continuously pitting neighbors against each other?

Illegals are welcome here but young families making 100k / year are not? What an upside down world we are living in🤡

Maybe Delaware or Pennsylvania. My family is still here so I wouldn’t want to go too far away. As for South Jersey, my coworker moved from Queens to Mays Landing. So I might check out that area.

Mays Landing is a beautiful name for a town. Delaware sounds so boring personally but maybe you don’t mind it. I’d stick to Jersey or PA.

I’m currently in Elizabeth and I get road rage every time I drive around here. I wouldn’t mind a bit of boring lol.

Mays landing is a beautiful town but south jersey honestly has nothing (coming from someone who moved from south jersey to north jersey)

Probably cant afford mays landing but egg harbor township is a nice place with cheap rentals

I’ve lived in Virginia Beach, and South Jersey really reminds me of living there. I don’t go out much anyway and enjoy doing things at home. So I probably wouldn’t mind since I’m kind of looking for boring.

Don’t know where that is. Anywhere within 10~15 min walk to either train station would be a good place to buy IMHO. I personally like lower Broadway in Newark. Charming , mix of architecture, fantastic connectivity. With Vermella closing the gap between the station and the entrance to the neighborhood, only a matter of time before it takes off. 5 years if not less. Anything south of 2nd Ave is worth buying. I see some pretty reasonably priced single and multifamily homes listed for sale still.

I don't know. I have a friend who lives in one of those Harrison apartments paying like 3K for just him, and he has a car and parking. I don't want to be giving up like half my salary to rent so I am sticking around in this 3 family house my friends family owns and I didn't buy a new car when mine was no longer working.

I'm just banking my extra money because who knows what the hell might go down at this point.

Presidential Heights is by exit 147 on the parkway. There's a really pretty house I see on the corner of Rutledge and N Arlington in EO, maybe?

We live south of 2nd Ave in Newark right now (in a rental), but thanks for the suggestions!

I know exactly the neighborhood you are taking about. Drove by there a few times to check out areas close to the Watsessing Ave station. Beautiful place; kinda of car dependent and a bit of a walk to public transit but still a great setting .

I've definitely seen some new developments popping up along the train stations, especially Elizabeth (I've worked at the courthouse)

Yeah, 150K is the classic "a plumber married to a nurse" scenario people talk about when they discuss middle income housing...

This is a problem created by neo liberal politics: don’t offer people solutions instead tell them who to blame for their problems. 1 . People are homeless: let them take over the public parks and sidewalks. Don’t finds ways to house them.. refuse to support high density housing. Blame landlords and pile on regulation on them making housing more expensive. Point the finger on “gentrifiers”. Republicans what you to hate foreigners; democrats want you to hate your neighbors.

2. People are hopeless and turn to drugs: don’t offer them hope or any solutions. Let them shoot up on the open. Decriminalize “petty” crimes coz its “unfair” to enforce the law on the drug dependent. Don’t pass min wage laws, create affordable healthcare insurance or affordable starter housing. Democrats want you to blame the rich ; republicans want you to blame the poor.

3. Inner city public education is failing: democrats are in denial. Republicans want grandma to teach kids advanced math.

Take any issue out there and there isn’t a solution in sight. God help this county!

You hate neoliberalism but love landlords?

Not what I said . Read harder

You maligned neoliberalism and then took up the cause of landlords, what did I miss?