Im thinking about moving to New Jersey from New York?
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Hi all. I am 25 years old and I have 250k saved up from working in the Software Engineering Field. My parents are going to sell their home in about 2-3 years, and I will get 150k and they will keep the rest. That means, I will have 400k ready for a downpayment on a house. I plan to move to a city around Princeton, maybe South Brunswich, or something like that. I want a nice colonial home with 4 bedrooms around 440k-460k. I know my payment will be around 1500 a month with taxes. I am planning to look for jobs around new jersey, remember I live in new york. Are jobs very plentiful in new jersey? I know nj is a pretty good places with a lot of jobs, but I don't know since I don't live there. Also, how is new jersey different from new york. Since I face some anxiety problems, and I have small symptoms of OCD, i want a place to live With quietness and No tension and traffic. I know these parts of new jersey where I want to move are pretty quiet, but I want some reassurance. Any advice? Thanks.
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Answer:
New Jersey can be a very stressful place to live. The people are rude (worse than in New York, in my opinion) and they drive just as badly minus the crazy cabbies (which is about 75% of the problem in the city). I don't know that you can get a house in Jersey for that price, but I don't know much about central and south Jersey. Also, the taxes in NJ are the highest in the country. Since you are in Software Engineering, you may want to consider Northern Virginia and Research Triangle Park in NC. You will get more for your money and pay less in taxes, especially if you purchase a foreclosure. Look at craigslist.org under Housing/Real Estate for Sale. That will give you a really good idea of what things are selling for.
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