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Old 01-08-2015, 04:49 PM
 
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Can it be done? Also, if so, what is the closest place to NYC where it could be done.

I'm not looking right now. This is more just a hypthetical at the moment, but never hurts for me to think of such things and get some fine suggestions, thoughts, etc. from you fine folks.
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Old 01-08-2015, 05:13 PM
 
Location: NYC
16,062 posts, read 26,768,301 times
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Trenton NJ
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Old 01-08-2015, 05:18 PM
 
Location: A blue island in the Piedmont
34,114 posts, read 83,076,821 times
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Quote:
Originally Posted by Japanfan1986 View Post
Can it be done?
Not anywhere you'll WANT to live.

Quote:
what is the closest place to NYC where it could be done.
Too far away to even consider the notion of a commute.
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Old 01-08-2015, 05:28 PM
 
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Unheated hunting cabins in the far northern reaches of VT, NH or Maine.

Homes needing total renovation ( gut jobs ) in places like Pittsfield, MA. ( three hours from NYC) Possible foreclosed, dilapidated homes in some of CT's more dangerous, inner city neighborhoods. ( 2-3 hours from NYC)

Small homes needing lots of work in places like Utica, NY. - a good three hours from NYC

As previous poster noted, homes in the more ghettoish NJ cities.

Maybe some homes as you get towards central PA.- not commutable to NYC

If you're looking for something commutable to NYC in a safe area that doesn't need tens of thousands of dollars of work, you may be out of luck.
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Old 01-08-2015, 05:43 PM
 
Location: OH>IL>CO>CT
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Hartford, CT area ?

http://www.realtor.com/realestateand...price-na-60000
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Old 01-08-2015, 05:45 PM
 
Location: North Idaho
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You can get a pretty nice place in Maine, as long as you stay away from the big cities and you are interested in homesteading and don't mind a small house.
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Old 01-08-2015, 05:54 PM
 
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Quote:
Originally Posted by reed303 View Post
Yeah, from everything I've read Connecticut seems the best best. Any place in NJ within the range pretty much always has too much crime. Plus, the NJ taxes on homes can be ridiculous. NY proper is even worse.

What about the same question applied to 80k or 100k?
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Old 01-08-2015, 06:11 PM
 
Location: A blue island in the Piedmont
34,114 posts, read 83,076,821 times
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Quote:
Originally Posted by Japanfan1986 View Post
What about the same question applied to 80k or 100k?
The 80K & 100K properties will need just as much work as the $60K
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Old 01-08-2015, 06:18 PM
 
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Reed303- did you happen to actually read those listings in the Hartford, CT area or did you just pull by price ? Go back and read the listings.

They are either renovation jobs, plus the one in Granby is an "enter at your own risk" as it has so much mold in it ( a tear down )

OP- there is no place commutable to NYC in CT where you could afford to live safely for the price point you want. Commutable to NYC in CT is one of the most expensive real estate markets in the country.
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Old 01-08-2015, 08:32 PM
 
6,319 posts, read 10,357,486 times
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Trenton is probably a good answer as there is direct train access to NYC. Obviously it's probably not going to be in a great area but I'd assume someone buying a house for $60K in NJ would realize that. And as was mentioned taxes are usually pretty high.
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