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Rutherford. We live almost a mile from the train station and my hubby loved the walk. There is also a free shuttle that meets every rush hour train byt he never used it, prefers the walk. Your budget is a little tight but not impossible. Great town, good schools.
I'd suggest Glen Rock - nice area, nice "main street". It's an expensive area but you can find something for $500,000. Ridgewood is also very nice - a little more pricey but still manageable. Depends on what your "must haves" are for your house.
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