Guttenberg, NJ (Jersey City, Hoboken, Edgewater: to rent, condo, coop)
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How is Guttenberg, NJ? I was thinking of just purchasing a 100k co-op instead of selling my house at a loss. Therefore, I get the best of both worlds. A condo close to the city and keeping my home to retreat to.
I like this idea... What part of Guttenberg? Closer to Blvd East or towards the Kennedy Blvd area? Commute into NYC is great if your on the BLVD E side, should be able to get into midtown in 30 minutes on a normal day. Gipsy buses run pretty much 24/7. My best friend lived on 70th street between blvd east and park avenue, great area with lots of options for ordering food or walking around in the summer. However it is very congested, much like any city, and parking is comparable to manhattan its compounded even more since the Rumba Cubana opened up.
It's on 7100 Kennedy Blvd E. The maintenance is like 200 bucks a month. To rent something similar would be significantly more. Plus, I can prob. airbnb when I'm not there. I used to live off of River dr. in Edgewater, so I am somewhat familiar with that area. However, I do not know much about Guttenberg, per se. I believe they have assigned parking spaces, but I will check.
be wary of co-ops and any plans on AirBnBing. Coop boards can easily establish anti-sublet/air-bnb rules at any time.
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