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Read the latest real estate tips, trends and insights for home buyers and sellers from Mountain View Ventures
Opinion: Multifamily momentum returning to the East Coast
New Jersey’s strong rental demand and occupancy rates make it a great place to invest in multi-family real estate.
“In fact, a recent RentCafe report cited northern New Jersey as one of the country’s hottest markets, surpassing New York, with occupancy pushing 97%. This makes the area twice as competitive as Manhattan and puts it in league with Brooklyn, which has a 96% occupancy rate, the report indicates — and is having difficulty keeping up with demand.”