New Jersey Investment Property Loans
Private Investment Property Lender in New Jersey
Rental property loans can help take your real estate investing needs to the next level. Whether you are financing a single asset for buy and hold or looking to refinance a portfolio of real estate assets, CoreVest can help. CoreVest has experience working with real estate investors throughout the state of New Jersey.
As New Jersey’s real estate market continues to explode, more and more investors are capitalizing on low entry real estate purchases. Obtaining capital from a traditional bank will only get you so far. As a private money lender, CoreVest can open up your opportunity to invest in more New Jersey rental properties.
CoreVest Finance is the leading private property lender for rental loans in New Jersey with a total of over $3 billion in loans closed in company history.
CoreVest actively lends investment property loans for rental properties throughout NJ – Newark, Hoboken, Jersey City, Paterson, Trenton, Morristown, Camden, Atlantic City and all other major cities in New Jersey.
Rental Property Loans Custom Built for New Jersey Investors
Whether you buy and hold or fix and flip in New Jersey, CoreVest has the capital for your investment needs
Questions About The New Jersey Market?
Ian Hardcastle
Vice President, Sales
E: [email protected]
P: 609.542.2348
- New Jersey has the 6th highest rent in the nation.
- Avg. Rent in New Jersey is $1300/month
- Unemployment Rate in New Jersey recently fell to 4.7%
- Greatest rental demands are higher-density townhomes, condominiums and rentals near mass transit.
- Hoboken is the most expensive rental zip code with an avg. of $3,401/month
New Jersey Rental Market Updates
$5MM Refinance Loan in Newark, NJ
Leverage to Grow
We created an opportunity for borrower to finance $2.2MM secured by a portfolio of 5 rental properties in Newark, New Jersey. This borrower’s entire portfolio consists of multifamily units with seasoned tenants on leasing contracts.
Seasoned Borrower
Sponsor has a strong understanding of the Newark market with over 5 years of experience and is looking to continue to grow and expand within the market by purchasing more rental properties.
Hot Rental Market
Newark is the largest city New Jersey. The medium household income is $33,139 with an unemployment rate is at 4.7 percent, which is above the national average.
Increased Portfolio Size
With CoreVest’s rental portfolio loan, borrower was able to expand his portfolio of loans to acquire more rental properties.
Since the recession, New Jersey has been slowly rebounding to a thriving economy. With a high foreclosure rate comes large inventory for investment properties. Each of these cities below show positive signs of population growth, which will bring in new homebuyers and renters.
There are so many great opportunities for rental property projects in New Jersey at the moment. CoreVest Finance can help you finance your next rental property loan.
Some of the best place to invest in rental properties are in the cities of Newark, Clifton, Jersey City, Mahwah, Franklin Lakes, Hoboken, Paramus, Paterson, Woodbridge Township, New Brunswick, Morristown, Hacketstown, Montclair.
New Jersey - Investment Property Map
We provide rental property loans in all of the major metropolitan cities and counties in New Jersey, including: Newark, Jersey City, Paterson, Elizabeth, Edison, Toms River, Trenton, Clifton, Camden, Brick Township, Cherry Hill, Passaic, East Orange, Union City, Bayonne, Vineland, Irvington, North Bergen, Union, Wayne, Parsippany-Troy Hills Township, New Brunswick (Middlesex-Somerset), Perth Amboy, East Brunswick, Plainfield, West New York, Bloomfield, Hackensack, West Orange, Sayreville, Lakewood, Atlantic City, Linden, Hoboken, North Brunswick Township, Teaneck, Kearny, Montclair, Fort Lee, Ewing, Pennsauken, Belleville, Willingboro, Orange, Long Branch, Fair Lawn, Westfield, Garfield, Livingston, Millville, West Milford, Rahway, Englewood, Nutley, Paramus, Mercerville-Hamilton Square, Bergenfield, Old Bridge, Ridgewood, Bridgeton, Lodi, Somerset, Scotch Plains, Cliffside Park, South Plainfield, Maplewood, Cranford, Carteret, North Plainfield, Hillside, Roselle, Summit, Lyndhurst and many other cities and counties in NJ.
Why Partner with CoreVest to Fund Your Next Rental Loan?
Experienced – we know your business.
We have partnered with thousands of borrowers to finance residential investment properties across the nation.
Efficient – we get the deal done.
Our streamlined closing process and dedicated support allows you to focus on your business, not our paperwork.
Efficient – we get the deal done.
Our streamlined closing process and dedicated support allows you to focus on your business, not our paperwork.
Why New Jersey Investors are using Portfolio Loans
Portfolio loans are used by real estate investors to finance multiple properties under one loan. This process can save a great deal of time and money. Also referred to as blanket loans, portfolio loans pull all your assets into one place. Contact us today to learn how you can benefit from a portfolio loan in New Jersey.
Portfolio loans are all about relationships between the borrower and the portfolio lender. Smart New Jersey real estate investors that want to purchase multiple properties at once will utilize the benefits of a portfolio loan. Investors with great credit will be able to get much better rates in the state of New Jersey when it comes to getting rental financing.
"It’s an honor and a privilege to help real estate investors in New Jersey fund their next deal. I have experience working in the New Jersey market for many years and can help answer any questions you might have about the local real estate market.”
– Ian Hardcastle, Vice President of Sales, CoreVest
For more information on New Jersey rental property loans, please call Ian Hardcastle at 609.542.2348, fill out the form below or email [email protected].
Together We Grow
CoreVest continues to grow with our borrowers and remain active participants in the industry
