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The numbers back him up.
With abandoned homes scattered across its neighborhoods, property values in Camden remain stubbornly low.
The citys unemployment rate of 4.7% further drags down economic prospects.
If youre a homebuyer, Camden may offer cheap properties, but dont expect value appreciation anytime soon.
Its proximity to Camden only worsens the citys problems, including higher crime rates and a tarnished reputation.
Pennsaukens prime location should make it a desirable spot, but it hasnt capitalized on this advantage.
Property values in Trenton have consistently lagged behind other New Jersey cities, driven bycrime and unemployment.
Property values are still low, however, and resale potential is risky.
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