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Old 09-26-2012, 02:05 PM
 
1 posts, read 1,033 times
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Hello,

I've been reading a LOT of useful posts on here so I wanted to register and get some opinions on locations for a first time home-buyer in NJ.

Just some history... I grew up in Scotch Plains and then moved to the city after I graduated college. Living on a modest income in NYC is not easy, but I loved the experience and wouldn't trade it for anything in the world. Unfortunately, I decided I didn't want to rent for the rest of my life and had always desired buying property. I like being close to my family and childhood friends in NJ so I decided to come back home and have been living with my parents saving for a down payment on a home.

So that's where I am now, I have saved a decent amount of money and am looking to purchase a home in the 250-300k range.

I still work in NYC and my commute at the moment is pretty dreadful. I take the bus (not the train) from Fanwood station because this way I don't have to change in Newark. That being said, if anyone has driven through the lincoln tunnel at 8:30 in the morning you know how messy that can get. Getting on a direct line to Penn station would be a huge time saver for me.

I'm also still single, so I don't need a big home. Most people have recommended Hoboken or Jersey City to me, but I drive A LOT, especially on weekends so having a car at my place of residence is important.

I have been looking in Woodbridge, New Providence, Chatham, Summit, Madison, Morristown, and now Montclair. The towns as you can imagine all differ a lot but do provide direct lines into NYC. Any towns I'm missing? What would you recommend for a young single male, first time home-buyer?
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