Hi, I am looking to move out on my own. I work in Newark, NJ and makes about $50,000 a year. However, given the high real estate/rental price in NJ, I am having trouble finding a place (I figure I can only spend $1,200 a month for rent). Anyone has suggestion as where is the best place to live in the area? I am in my late 20s and single. I am having trouble finding roommates to share costs too. This is really a terrible situation. Any help would be greatly appreciated. Thanks.
2007-03-13 08:57:23 · 5 answers · asked by Jay 2 in Business & Finance ➔ Renting & Real Estate
$1,200 is too much for someone who makes 50k a year. You shouldn't be paying over $1,000. Remember, you will need renters insurance and utilities on top of the rent.
If you work in the Ironbound district, you will want to live where there is PATH train access if you aren't planning on living right in Newark. That leaves Kearny, Jersey City and Hoboken. In Kearny you will need a car. Hoboken is more expensive than Jersey City, but you can get a real nice share there on your budget. Same thing with Jersey City and Newark. Depending on how much time you have, you could also get a nice studio or perhaps even a one bedroom on that budget. It will take a lot of looking to get a one bedroom for that price, but if you aren't in a rush it can be done. They go fast, so check the listings a few times a day.
Look on craigslist and in the local papers. The craigslist prices for Jersey City, Newark and Hoboken tend to be inflated when it comes to rentals. I have seen some real pits advertised like they were a great deal at $1,400.
FYI, if you live in an owner-occupied building with 3 or less units (that means a 2 or 3 family house where the owner lives in one of the units), you have less rights under the Anti-Eviction Act in NJ than if the premises were not owner occupied or a larger building, owner occupied or not.
2007-03-14 04:36:14 · answer #1 · answered by BoomChikkaBoom 6 · 0⤊ 0⤋
Atlanta, Georgia is the best place to live. There are plenty of jobs here. Especially corporate and high tech jobs. You can make $50,000 and get a fabulous place from $800-1,200 per month and live very comfortably. There's a lot to do socially such as concerts, festivals, museums, seminars, restaurants, parks, clubs, sporting events etc... The only draw back is the traffic. It's awful...but that's with any large city. Atlanta is a gold mine full of opportunities for those who are driven and ambitious.
2007-03-14 21:16:24 · answer #2 · answered by icejan 2 · 0⤊ 1⤋
Not for nothing but there isn't a nice place to live in Newark, NJ. Outside of the areas right over the river and just outside NYC, NJ is the arm pit of the east coast!
Do yourself a favor and move to the Philly or NYC burbs!
2007-03-13 16:32:11 · answer #3 · answered by Anonymous · 1⤊ 2⤋
Go to http://newjersey.craigslist.org/ and click on apts/housing. I just looked and there are tons of places to rent in your price range. If you have a car then there are plenty of areas to look at. If you don't have a car then you can look for a place that's near the NJ Transit train line or bus routes.
2007-03-13 17:18:23 · answer #4 · answered by Anonymous · 1⤊ 0⤋
Houston, TX. Its cheaper here :)
2007-03-13 16:27:22 · answer #5 · answered by Mark P. 5 · 0⤊ 2⤋