Why Trenton?

At Outside In Enterprises we search for areas to invest in real estate that present the right buying opportunities while offering great potential for our investors. Trenton currently offers the perfect combination for investors to buy properties in an area that returns positive cash flow with great upside appreciation potential.

  • Trenton is the capital city of the U.S. state of New Jersey
  • Trenton, New Jersey is located in the premium position along the Northeast Corridor between New York City and Philadelphia.
  • Low Unemployment: While Trenton is officially part of the “Greater New York City Combined Statistical Area”, consider that going into 2015, the unemployment rate is the New York City MSA is still at the national average, 5.6% while the unemployment rate in the Trenton MSA is just 4.5%.
  • Trenton is part of the Federal Communications Commission’s Philadelphia Designated Market Area.
  • Trenton had a population of 84,913 (as of 2010) this makes it the state’s 10th-largest municipality.
  • Nov ’14 – Feb ‘15 Trenton had a +6.8% year-over-year increase in average property values.
  • Average price per square foot for Trenton has increased about 3.9% compared to the same period last year.
  • There are currently over hundreds of resale and new homes in Trenton available, as well as close to 2000 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process.
  • State court records show 31,500 new foreclosures cases have been filed as of Aug. 1, 2014 on track to be at least the third-highest annual total in state history. Sheriff’s sales have hit a four-year peak, and bank repossessions almost doubled in May of 2014.
  • 41.3%  Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • 22.6%  Delinquent on mortgage (6.4% US Avg) (Sep 30, 2014)
  • Trenton is increasingly becoming an affordable place for people to rent. Over 75% of Trenton’s population rent their home.
  • Price-to-Rent-Ratios: Trenton is in a unique historical moment when low home prices combined with high market rents are producing some of the most advantageous cash flow margins for real estate investors anywhere in the country.

 

Barbara-Corcoran---Trenton-Real-Estate

 

We Maintain A Current List Of Trenton Homes For Sale That We Have Researched & Offer Positive Cash Flow Opportunities For Investors!