The NEXT Hoboken? (Bayonne, New Brunswick, West Orange: big house, private schools, wages)
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You can get something under 300K in a pretty nice section of West Orange if you look at a Cape. Many lot sizes in the Pleasantdale section of town are big enough that you can comfortably expand if you wanted to without infringing on your neighbor. The taxes are the only wild card.
where can you get something for under $300k in West Orange? honest question. i'm sure it exists, but what "pretty nice section"?
Downtown Jersey City? I live here now and definately feel that it hasn't reached it's peak yet and it's definately not as expensive as Hoboken. You can still find the random fixer upper 1-2 family (not a brownstone) for around $450K or under...
Morristown is another town that comes to mind that has a still evolving downtown with pretty active night scene.
I really wish they would clean up the area in and around Liberty State Park and the Liberty National Golf Club in Jersey City. It has some of the most breathtaking views of the New York Harbour and lady Liberty but I wouldn't live there now even if they paid me to and that's with no kids yet. It has to be a matter of time though before it gets gentrified.
Correction - Downtown Jersey City IS as expensive as Hoboken.
Seems like this blog is getting a bunch of activity - Curious if any of you Jersey folks can help me as well. I am considering employment in the Weehawken area, but trying to find a nice place that has walkable downtown (not as crazy as Hoboken), but a few restaurants/neighborhood bar or two, close to Path and within 15/20 min commute to Weehawken. I currently live in Stamford, CT but have a little girl in Greenwich which I get every other weekend. I am 40 year old divorced guy...so, like to go out have fun, but not into the raging college scene these days. I would prefer a townhouse or something of that nature, but a 2/3 bedroom apt with garage parking is fine too...my big issue is storage. Does any nice little town exist in this area, that is fun, but not over the top?
It's just me most of the time and my little girl when I have her on weekends or in the summer...so, schools/daycare, etc on no importance...but a safe area is.
where can you get something for under $300k in West Orange? honest question. i'm sure it exists, but what "pretty nice section"?
There is a very nice home for sale in W.O. for under $250k, address is 15 S Valley Rd.
How is that neighborhood? I went to see the house and its in great shape and in move in condition with a completely renovated kitchen. My girlfriend didn't like the neighborhood and she thinks its too far for he commute to NYC. Otherwise I really liked the house.
You think about Bayonne? It is affordable, close to NYC, and not a bad area. Has some restaurants/bars and things to do in town, and you are not far from Hoboken at all.
Obviously nowhere is going to skyrocket in value like Hoboken did, but I could see Bayonne going up in value
Excellent point. I agree. I think the same thing. I think many people think the same thing. That said, there had been a tendency to think that some, much, etc., would have happened by now or that we would have seen more progress, but I don't think that's indicative of whether or not we'll see it.
When people talk about "the next Hoboken" or "the next Jersey City" -- perhaps people are talking about different things. What makes Hoboken so attractive to some? What are the most positive attributes? To each their own of course. To me, you have several things.
First, proximity to NYC. I am not talking about "it's an 30 minute drive" or "it's a 20 minute train ride" -- no, I am talking about real close, zip right into the city kind of close. Sure, that's relative and to each their own again. Nothing is closer to NYC than Hoboken and JC. However, start to work your way "out" -- south and west. Second, water, and overall, transportation. Water means potential ferry and that will be a major form of transportation in the future. It also means the potential for other forms of transportation, and yes, they are coming in the future as well.
Third, the residential offerings. It's not living on the farm of course, but between single family homes, townhouses, high-rises, etc., you see a diverse offering of residential types. Sure, you won't see countless multi-million dollar single family mansions or estates in Hoboken or similar, but you will see the alternatives. Land is really the issue.
Fourth, what are the surroundings -- when we look at Hoboken, we are seeing city-type living. Retail, commercial, brownstones, condos, high-rises, shops, walkable streets, etc. It's conducive to people being outside, walking around and enjoying the surroundings. Of course, some people like it and some people don't.
There's more of course. However, I think Bayonne has all of this. It will see positive changes and I think while it might not have happened already or as fast as some may have thought, look strategically into the future over the next 20 years. The Hoboken's will happen again.
I had hopes for Bayonne too several years ago, as it seemed fairly similar to hoboken and jersey city, but I don't think so anymore.nothing bad about it but it just doesn't seem to be happening.
had similar hopes for new brunswick which by all logic SHOULD take off but it just does not.
I would look again at Highland Park which wont necessarily take off since it is already a very nice place to live, and while it is not super cheap, I think you can find good buys there.
I think there are many reasons why "it" hasn't happened -- at least to a major extent -- in Bayonne. Demographics, economics, governmental, other priorities, etc. However, I think those aspects will change and we will see "it" happen in Bayonne over the next 20 years.
There is a very nice home for sale in W.O. for under $250k, address is 15 S Valley Rd.
How is that neighborhood? I went to see the house and its in great shape and in move in condition with a completely renovated kitchen. My girlfriend didn't like the neighborhood and she thinks its too far for he commute to NYC. Otherwise I really liked the house.
i live right up the road from that, near Gregory Ave. down there, the houses are more on top of each other. i've been browsing the mls today for west orange properties. i dunno. as far as s. valley, i don't know that i'd buy there. i don't know your situation, but that's definitely a "starter" home, and i wouldn't want to live on that block. some will tell you that's the "bad" section. a couple blocks away is not very asthetically pleasing, but i don't see any of the "bad" that people claim happens in "the valley"
Any other ideas on "the next Hoboken" so to speak? I've heard a few others mentioned.
Can "the Hoboken thing" occur far away from NYC? What's far away? I've often thought about what areas might be "hot" areas if/when certain things occurred. High-speed trains, ferry's, other forms of transportation, casinos/gambling, major commerce/industry, or other things. Areas that are "far" can be much more accessible and easier/quicker to get to/from because of alternative forms of transportation.
New Brunswick? I don't know. Anyplace else? Thanks in advance.
I think there are many reasons why "it" hasn't happened -- at least to a major extent -- in Bayonne. Demographics, economics, governmental, other priorities, etc. However, I think those aspects will change and we will see "it" happen in Bayonne over the next 20 years.
"It" also doesn't happen because it's not already happening. This might sound circular at first, but, there are strong network effects in terms of the desirability of a location, and people will move into an area because other people they want to live around are already moving in. An area could have everything necessary, but, without that first spark, which could easily just not happen, it won't take off.
The biggest reason you don't see the Hoboken/downtown JC effect in Bayonne is because it's not already happening there to any large extent.
Oh shut up. its racist idiots like you who shouldn't even be allowed to talk. Do these people have stamped on their heads "ILLEGAL". Please tell me what makes them illegal without having any contact with them. IF one side was all illegals wouldn't you think that whole section would be rounded up? Seriously don't bring your bullcrap.
I guess my living in the NE, Miami, Chicago, Southern Cal, Northern Cal and San Diego might give me a wider insight. I also keep track of demographic trends. New Brunswick 20 years ago had almost no Mexicans/Central Americans, the NE in general was basically as such. In 20 years the shorter, Mestizo/Indian looking people arrived in New Brunswick in mass. Are you kidding me? My illegal alien using former lanscaper admitted as much to me. He was friends with all his guys, they all lived in New Brunswick and they told him that 95% of the new hispanics in NB are illegal. Not counting their automatic U.S. citizen children when born here. I don't know about you, but these people who came here illegally to drive down wages and basically are here to enjoy the American largess garner very little sympathy from me. Their employers are 10 times as bad. It is what it is. Your not talking to some local yokel who never left NJ and speaks only on what he hears out of fox news(gag). Try again....
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