Well it's good that you have visited the campus. Also, you shouldn't go by the restaurants at the bottom of the Victor. The pizza place there is unbelieveably expensive for Camden. On the other hand, the Victor pub actually offers some good/reasonable food and Hank's (down the street from the Victor) is kind of a safer dive bar with bar food. Other than that, you can head either way for good restaurants - two stops into Philly and you're at 8th and Market. Take a car about five minutes the other way towards Cherry Hill and you have places like Aldo Lambertis, Cheesecake Factory, Chipotle, and some other cheap eats or good food.
If you are looking near Campus...the Victor is pretty much the way to go. Some students do live right off campus in the townhomes, which are patrolled pretty heavily. As for the "ghetto" areas of Camden...you honestly need to walk a distance to the other side of the Ben Franklin Bridge. That's where things get seedy. Why you would need to go beyond the R-C/Aquarium/City Hall area would be beyond me. I know many kids who have been there three years and never ventured nor seen that other part of Camden. It is what you make of it, I guess.
Only cons about the Victor...its pricey for Camden and (if on the lower floors) you hear a lot of noise from concertgoers and the Riverline. Other than that, I've been in about five of those apartments and they all seem big, clean and safe. If you look towards Cherry Hill, you may be able to find something cheaper and within a very commutable trip to Rutgers.