Honestly, it's a good time to buy property in the journal square area. It’s really not a bad neighborhood. Easy access to mass transit and nyc. There are many ethnicities in the area and mom and pop shops. It’s pretty safe. And there is a bit of hustle and bustle… which you might appreciate since you live in Queens.

If I had the money, I would buy. My cousin has a small 2 story house that is 3 blocks from the Path. Developers are constantly trying to buy it from him. It’s worth close to 700,000.

In 5 years it’s going to look like another disneyfied soulless corporate ghetto.

Also, if you want to live even a slower life look at Bayonne. The market is hot and is also a good investment.