CENTURY 21 Sylvia Geist Agency's Blog

New Brunswick Investment Properties- Student Housing

In Middlesex County NJ, the single market that has held up the best is the Investment Property Market- renting to Rutgers students in New Brunswick, NJ. 

From our recent analysis, prices are at or near a peak! These properties are selling as soon as they hit the market!  At the beginning of the market downturn in 2006, the Rutgers housing sector of the real estate market took a bit of a hit.  Since then, property values for these types of investments have steadily risen.
The main draw is a steady, reliable income stream created by ever increasing demand for off-campus housing in the areas nearest to College Avenue in New Brunswick. 

The Rush to Rent in Middlesex County NJ

This year has been the year of the rental.  As our total sales volume (unit sold) has increased by about 20% the number of rentals we have done year to date is up 100% from 2011. 

In the past because, agents were so busy handling buyers, most real estate agents did not what to invest too much time with customers looking to rent.  Our office has activity marketed to the rental market for the first time this year and the results show in our rental business.