Educational_Paint987 t1_ja7w7un wrote
If your numbers check out then why not? A lot of properties in North NJ are still overpriced and cash flowing might be an issue without putting in a big down payment. Then your ROI (+ famous NJ renting laws headaches) makes it less appealing.
Whats special about Rahway?
specialgravity t1_ja7z0xj wrote
Rahway has a nice downtown area, great shopping nearby, the parkway and turnpike are accessible and close by, great parks, shade, sidewalks (in theory it's walkable, depending where you live), a major hub train station that has two train lines running through and depending on the train it can take 40-50 mins to get to midtown manhattan (and you're usually only waiting up to 20 mins to get on the next train in or out of NYC). Only drawback is that the schools suck and the taxes are high. Parking can be annoying too for some of the homes or apartments with no driveway or lot.
Educational_Paint987 t1_ja7zkd0 wrote
Thanks! High taxes combined with below standards schools seems like a red flag to me.
Top_Ad5385 t1_ja7yzqk wrote
I don't know - I just like it. Cute little shops and restaurants and independent bookstores and coffee shops. Very diverse unlike most "cutesy" towns in NJ
TodayTimeDeux t1_ja81848 wrote
Are you going to live in the duplex?
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