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Old 12-16-2008, 09:25 PM
 
6 posts, read 21,019 times
Reputation: 12

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My husband and I are looking to purchase our first home in NJ, possibly Somerset County. I am a police officer and he is a correction officer. We don't want to bite off more than we can chew so we were hoping to spend around...$250K for at least a 3bd 2bth. We have 2 children, a 15yr old and a 2 yr old, both girls. Any help would be greatly appreciated. BTW I have been looking and the homes that I've seen are cute but they ALL are until the sun goes down. Our time frame is by the end of 2009. HELLLLLLP!!!!!
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Old 12-16-2008, 09:29 PM
 
Location: Central NJ
1,041 posts, read 3,163,438 times
Reputation: 373
That budget is not going to get you a house in a great neighborhood... at least not at the current prices. I think that prices will continue to go down, but I don't know if they will go down far enough for $250K to buy you much...
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Old 12-17-2008, 05:23 AM
 
Location: East Brunswick, NJ
208 posts, read 852,970 times
Reputation: 64
For somerset county, you're probably looking at Franklin which has some patchy areas. Maybe you should look into Edison. You could get a short sale with 3 bed and 1 bath for 250k. Two baths is really pushing it!
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Old 12-17-2008, 05:36 AM
 
Location: The Beautiful Pocono Mountains
5,450 posts, read 8,761,014 times
Reputation: 3002
I agree with the above. If you can go another 25k, you can find one, just maybe not with 2 baths. We have 3 girls and 1 bath, still in our starter, and we make it.
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