Are you looking for 5 prime locations to buy investment property in New Jersey? This state is a great place for more experienced investors and first-time home buyers alike.

This area has become so popular that research presents it as the most densely populated state in the US.

But where do you start looking for the right property to fit your pocket and investment needs? In this article, we will show you the best spots for property investments in the Garden State so that you can make an informed decision.

Most Iconic, Jersey City

If you have seen the Statue of Liberty in person, or viewed some of the stunning images of it online, you’ve got a good glimpse of what Jersey City has to offer.

Overlooking the Hudson River, Jersey City boasts amazing waterfront views and historical landmarks. 

What’s more, it is close enough to New York for a quick outing but also offers opportunities to explore the great outdoors, providing residents with the best of both worlds. 

It is the second most densely populated city in New Jersey, which makes it a great investment and with the latest in property development, Mandalay Jersey City is worth having a look at.

The properties here are convenient for permanent residents, especially since it’s the place that first offered permanent residence in New Jersey and has the oldest municipality in New Jersey. 

But, the properties can also be suitable for tenants or holiday rentals, especially given everything Jersey City has to offer.

Best For Fixer-Uppers, Camden County

Camden County is known for its beautiful waterfront filled with tourist attractions and a successful industrial past, especially in terms of shipbuilding.

As an area for investment, Camden is a great place for novice investors or people on a budget. Gloucester City in Camden County was voted the cheapest place in New Jersey to live.

Historically, Camden County has been affected by crime, but the crime figures have steadily decreased in the last ten years.

Unlike the rest of New Jersey, it may be easy to find a fixer-upper here at a bargain price. Many new buyers have specifically flocked to Cherry Hill in Camden County for this very purpose.

 If you want to engage in house hacking or house flipping, make sure you are aware of the unknowns that often accompany home renovations to ensure that you don’t find any nasty surprises along the way. 

Best for Holiday Rentals, Ocean City

When conducting any online research on the best places to live, many people will simply pick out areas that appeal to them based on photographs.

But such superficial searches may leave you neglecting places such as Ocean City- a seaside town with an attractive holiday appeal, but an underrated venue for property investment.

Not only can Ocean City provide a fantastic investment in terms of a vacation rental, but it also offers many other hidden gems beyond the boardwalk such as parks, forests, and secluded beach areas.

If you’ve been looking to make some money with a vacation home and have your heart set on New Jersey, Ocean City is definitely the way to go. 

Most Affordable, Atlantic City

Known for its resort attractions and casinos, but many people also take up permanent residence here. 

Most homeowners in Atlantic City rent out their properties, either to permanent tenants or holiday guests. 

So, it can be a nice venue for someone who wants to use their property investment to make some passive income. 

Atlantic City has been considered the most affordable seaside town in the US, making it a great option for first-time investors.

Apart from the cheap cost of living, Atlantic City offers a rich culture and vibrant nightlife, boasting several entertainment venues and nightclubs. 

But Atlantic City is not without its social issues. Poverty and crime have been cited as issues in the area because of the effects of economic decline and natural disasters.

If you are a more experienced property investor or second-time home buyer, you may want to consider the signs that it is time to move up on the property ladder before buying in Atlantic City.

Best Suburban, Weehawken

Weehawken attracts many property investors because of its proximity to Manhattan and the ease with which one can move around from one place to the next using the Weehawken Township Shuttle Bus or a ferry via the Port Imperial Ferry Terminal.

Weehawken offers spectacular views of the Manhattan skyline while providing good schools and amenities and a suburban feel to the families who choose to live there. 

Many people flock to this neighborhood because of the quiet reprieve it offers from the city while also boasting a variety of coffee shops, parks, and local amenities. 

For this reason, the tiny Township of Weehawken has become an increasingly popular destination and by extension, an excellent property investment.