Thinking of moving to Long Valley NJ . Need help! (Hackettstown: renters, houses) - New Jersey - City-Data Forum

mmomnj · 10-22-2013, 08:35 PM

Hi !
We are moving from CA to NJ and we are thinking of moving to Long Valley (Close to my husband's new job , better houses for the money , good schools based on our research). We initially started to look at rentals but looking at the price of rentals we are wondering if we should just buy something small . We plan to live in Long Valley for about 5 years after which we might have to relocate. In that case , how easy /hard is it to rent your house out in case we need to?

Thanks so much for all your help

Karen123RE · 10-25-2013, 07:17 AM

Just to clarify, if you bought a small house then relocated in a few years, you'd want to hold on to the house and rent it out? Even though you wouldn't be in this area any more?

mmomnj · 10-25-2013, 02:13 PM

That is right . We might have to relocate for work but at some point choose to come back (If we are not able to we will just sell it at this point)

Karen123RE · 10-25-2013, 03:33 PM

Ok, it's probably going to be a gamble. You never know what the market will be like in 5 years and whether it will be a good renters market or not. I'm not too familiar with LV, so not sure of the market there historically, but if it makes sense to purchase now, then you can always rent or sell depending on the market when the time comes.

Not too much help am I?

Maybe someone else is more familar with LV?

UrbanAdventurer · 10-26-2013, 08:04 PM

Long Valley is very nice from what I remember of it. An upscale exurban type setting.

mmomnj · 10-28-2013, 07:31 PM

Quote:

Originally Posted by Karen123RE

Ok, it's probably going to be a gamble. You never know what the market will be like in 5 years and whether it will be a good renters market or not. I'm not too familiar with LV, so not sure of the market there historically, but if it makes sense to purchase now, then you can always rent or sell depending on the market when the time comes.

Not too much help am I?

Maybe someone else is more familar with LV?

Thanks

Yes, would like to hear from current LV residents

Alana0000 · 11-12-2013, 04:43 PM

I have lived in LV since I was born until just a few months ago (23 years).I loved it!! It was a great place to grow up. So beautiful. It is filled with horse farms and hiking. If you want something with a lot of hustle and bustle, LV isn't for you...I lived in the valley as opposed to on the mountain and would recommend the valley rather than the mountain. They are both great though! I lived close to Califon, which I also suggest looking into

mmomnj · 11-13-2013, 12:28 PM

Quote:

Originally Posted by Alana0000

I have lived in LV since I was born until just a few months ago (23 years).I loved it!! It was a great place to grow up. So beautiful. It is filled with horse farms and hiking. If you want something with a lot of hustle and bustle, LV isn't for you...I lived in the valley as opposed to on the mountain and would recommend the valley rather than the mountain. They are both great though! I lived close to Califon, which I also suggest looking into

Thanks for the tip. We are making a trip down to check the area out in March

tahiti · 11-13-2013, 12:54 PM

Long Valley is a very large, spread out town. It can easily take 20 minutes to get to the furthest reaches (can be even longer during rush hour and/or when the school buses are out). Where is your husband's job? That should dictate where in the town you should focus your search ("the valley" -vs- "the mountain"). I can tell you where to look based on his job.

I've lived here 16+ years. I enjoy it very much, people are kind and friendly. There is a strong sense of community. Schools are very good. Your money will easily go further here than just about anywhere in Morris County.

I can't begin to wonder what the rental market will be in 5 years. In general, it's a family community and the rental market is not big. Hate to say, but the biggest renters are recent divorcees, and to a lesser extent, people like your family. A lot of divorcees go to Hastings Square, which is a patio home development which straddles the border of Hackettstown.

If you like nature, views and a good family community, it doesn't get much better. If you are looking for a walkable area, this is definitely not it. You have to drive just about anywhere which to me is the biggest downside to the area.

When you search, note that LV can have one of 6? zip codes: LV, Schooley's Mtn, Califon, Hackettstown, Port Murray, Chester. Instead of saying Long Valley, look for Washington Township, Morris County - that should bring up all properties regardless of zip code.

Good luck!