New Jersey has several ideal markets for small multifamily investments. Cities like Newark, East Orange, Camden, and Trenton offer lower entry prices and strong rental demand, making them excellent places for new investors to start.
Commuter towns with access to NYC or Philadelphia also tend to attract long-term tenants who value proximity to major job hubs.
Before you buy, research the area’s average rents, vacancy rates, and neighborhood trends. Partnering with a local realtor or property manager can help you identify undervalued opportunities and avoid high-risk areas.