Quote:
Originally Posted by gipsyluvr
I was raised in Linden, on Stiles st till I was 12 then moved to South Jersey. would eventually like to move back up that way and often wonder how high the prices have climbed in that particular area.
Waaaaaaaaaaaaaaaaaaaaa I get homesick still for walking wood avenue or st george avenue
K
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If you look at the NJ Transit Rail line map, you see Linden has train station, that normally shows the condo/townhouses in town is very demanding due to many people moving out of NYC to NJ and prefer condo or townhouses, easy to maintain, after long commute to work.
And that coincide with real estate website like realtor dott comm that you can check the real time info yourself.
But if you grew up from town, you may be living at house, and you are lucky, especially, if you do NOT need train station to commute, you can have some good choices.
If you do not have much money to start with, you may buy a small 3 br ranch (with big enough land), and years later when you have kid or kids grow up, you can "raise it" to a 5br house.
Construction laws normally allow raised up, but if you want to expand for same level, it would be harder, especially if you want to expand out of "building envelope".
Normally, when real estate going up, good strategy is to move "outward" of city, such as NYC. But when real estate going down, it may be better to move "inward" toward city. Why? 10% drop of $200,000 in Southern Jersey would be $20k loss, whereas 10% lower price in Central Jersey of $400,000 would be a $40k saving, not to mention a 10% saving on $800,000 in Northen Jersey...
I would suggest that you "visit" your homesick area of Linden every month or two on sunny Sunday afternoon (check weather report), then you would attend all Open houses in the area or visit with realtors. Thru that process, you will be able to find a great house at good price ...