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Old 03-14-2022, 09:14 PM
 
34 posts, read 37,238 times
Reputation: 56

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Can I not find a nice house in the suburbs of New Jersey/New York....that's under an hour from New York City.....and has land that is similar to my house in CT....preferably surrounded my trees with good privacy and not sharing land with a neighbor that's under $1 million?

Damn......
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Old 03-15-2022, 04:20 AM
 
5,805 posts, read 2,930,663 times
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Welcome to post pandemic prices.
Been looking at same homes in Catskills that doubled in price within 2 years and I dont think they are coming down. People got the taste of freedom and fresh air and they LIKE IT.
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Old 03-15-2022, 04:27 AM
 
Location: NY
16,028 posts, read 6,831,160 times
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Yes it is out there.

Your best chance is to look for places that do not draw attention but meet your desires and are relatively safe from crime.

Maybe in a flood zone, across from a cemetery, a sewage plant, etc...


Another opportunity if the above mentioned is not desirable. Follow the market. Make a folder. Play close attention to land or homes that were sold for taxes ,foreclosures etc... for pennies on the dollar and document them. Find out who owns it. Call them. Visit the site. Many are purchased by contractors looking for a quick flip. They buy in the winter and sell in early spring or summer. They buy a home for $200,000 invest $100,000 and dump it back on the market within 4 months asking $800,000. Stay alert and Come with cash..............


Best wishes........
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Old 03-15-2022, 05:44 AM
 
Location: New Jersey!!!!
19,031 posts, read 13,937,683 times
Reputation: 21491
Under an hour? No way unless you’re talking under an hour just to the border of the city.
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Old 03-15-2022, 08:57 AM
 
Location: USA
9,113 posts, read 6,155,520 times
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A trip from Greenwich CT to NYC is more than one hour door to door.
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Old 03-15-2022, 01:54 PM
 
1,057 posts, read 541,921 times
Reputation: 1980
You can still get a $320K house...ahem *shack* on Staten Island
https://www.realtor.com/realestatean...6_M39917-90602

It has outdoor space!
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Old 03-15-2022, 02:06 PM
 
5,805 posts, read 2,930,663 times
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Quote:
Originally Posted by metromoxo View Post
you can still get a $320k house...ahem *shack* on staten island
https://www.realtor.com/realestatean...6_m39917-90602

it has outdoor space!
sick
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Old 03-15-2022, 03:22 PM
 
31,897 posts, read 26,926,466 times
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Quote:
Originally Posted by Metromoxo View Post
You can still get a $320K house...ahem *shack* on Staten Island
https://www.realtor.com/realestatean...6_M39917-90602

It has outdoor space!
That property is in New Dorp (8 Seafoam Avenue) just barely a block or so from beach/water. There are still tons of old similar cottages down there built in early part of prior century if not before (this one is from 1930's).

Area is prone to flooding and has always been, which is why smart money never lived south of Hylan Blvd.

Superstorm Sandy flooded area up to and in many cases north bit north of Hylan, so now homes down there have to be raised or built higher. Hence cheap price for this property and remaining "shacks" in area. No bank will issue a mortgage because cannot get flood insurance, latter cannot happen because buildings aren't raised as per new federal guidelines post SS Sandy.

Some eejits bought those shacks after SS Sandy hoping to flip for a killing, but instead are stuck with properties no one wants. Others like residents who returned or whatever are happy to live down there in those cottages. Most are betting SS Sandy was a once in a hundred year thing so by time next one rolls around they will be dead.

If you Google map search area you find block after block of similar properties (Roma, Finlay, Hert Avenue, Dustan Street, Wavecrest Street, etc..) currently occupied.

Priced correctly (taking into account house would have to be raised, or demolished and new built), these properties usually sell. For many current owners of these cottages what they can now get for their homes doesn't begin to cover buying new elsewhere (even on Staten Island), so they're basically stuck.

OTOH for those that prefer living near the water, and that includes putting up with all that comes with it, good outweighs the bad.
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Old 03-15-2022, 03:22 PM
 
145 posts, read 79,655 times
Reputation: 197
Quote:
Originally Posted by Metromoxo View Post
You can still get a $320K house...ahem *shack* on Staten Island
https://www.realtor.com/realestatean...6_M39917-90602

It has outdoor space!
How bad is the neighborhood?
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Old 03-15-2022, 03:39 PM
 
31,897 posts, read 26,926,466 times
Reputation: 24789
Quote:
Originally Posted by iwantcookies View Post
How bad is the neighborhood?
In terms of what?

Cedar Grove avenue is rather nice. Streets running off it going north or cross streets (west to east) are what they are. In many ways resembles many other State Island areas, hugely built up after GD VNB was built and especially from about 1980's until SS Sandy forced a lull, them some changes.

For most part streets are narrow and parking very tight. So unless your property has a driveway (and garage), good luck with that.

For shopping and everything else you've got Hylan Blvd to north. It's basically a quiet area with good access to water front.

IIRC city finally has finished installing sewer system down there (or nearly done) helping to cope with constant flooding that occurs after merely a moderate amount of rain fall.
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