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Old 10-14-2009, 06:24 AM
 
Location: Madison, NJ
37 posts, read 71,404 times
Reputation: 23
Default Madison Vs Morris tshp-what would you do?

Hubby and I are buying our first home. We've been in the market for months. We just got married and plan on starting a family in the next year. Looking to immerse ourselves in a nice community where we can make new friends and raise a family.
We are down to two choices-same price, same taxes:

1) Madison: Cute small home (1500 sq feet) on wonderful neighborhood street. Great living space (family room extension), big basement but ceilings are probably too low to finish. 2 full bathrooms - 3 bedrooms. Great deck and yard. We'd be very comfortable there only until after 2 kids (4/5 years?), then would have to build on it or move. House is good as is, might need to upgrade electrical system and while I like the kitchen, have a design idea that isn't too complicated that would make it amazing.

2) Morris Township - Very nice neighborhood feel yet still close to downtown Morristown. House is double the size, and gorgeous. Closet space to die for, huge finished basement, 4 bedrooms and 31/2 baths. Needs a little updating (not major, just 1 outdated bathroom and would like to open up a wall in the kitchen) No yard really but great deck. Granted, we don't need 3000 sq feet right now, but we could stay there a long time. That said, not too long because I want my kids in top public school systems.

So....what would you do?
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Old 10-14-2009, 06:48 AM
 
1,985 posts, read 4,717,632 times
Reputation: 364
Madison, assuming you can add a great room and/or 4th bedroom onto the house.
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Old 10-14-2009, 10:04 AM
 
3,227 posts, read 6,038,057 times
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No doubt Madison.
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Old 10-14-2009, 03:05 PM
 
Location: Madison, NJ
37 posts, read 71,404 times
Reputation: 23
Thanks-that's what I think too... just needed some confirmation. Some family members think we are crazy for choosing location over home, but isn't that what it's all about...
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Old 10-14-2009, 03:12 PM
 
54 posts, read 144,496 times
Reputation: 28
Default Madison

I would pick Madison - it is a great town and a community you can remain a part of (do not have to worry about school system). The school system is solid and I think your resale would be a lot better I think New Jersey location is everything - I know we could have purchased a larger house in another town - but bought a smaller house because we love the town and neighborhood we are in.
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