It is quite amazing for those that have never been on the East Coast for the fall to experience the depth of the leaf color that we experience here. Having lived in a Mid-Atlantic state for most of my life, fall can be experienced here like no where else in the US. Beautiful Azur Blue skies, red, orange, yellow and multiple mixes in betweeen on the trees, crisp cool air in the morning and evening, and as we get deeper into fall, all day long. There is nothing like it. I lived in the midwest for a few years and fall there was nice but not like the East Coast. Vermont, Maine and New Hampshire are spectacular earlier in the season than if you go further south. The Blue Ridge Mountains in Virginia are absolutely spectacular later in the season depending on how August ended and September began and sometimes, not very often, I believe I only experienced this once, and it was quite a few years ago, you may even be lucky enough to get a light dusting of snow mixed in with the changing leaf color especailly along I-81 between Pennsylvania and Virginia, this is truly spectacular.
To some this all up, fall on the East Coast is truly gorgeous, Mother Nature at her best.
The simple yes/no part of the question is a resounding "YES" (sorry to scream!)
Throughout all the Northeast states, the colors are magnificent. Wherever is easiest for you to get to is probably the best place to go. The link below is a resource for tracking the colors and leaf drop week by week. There are also historical archives to compare last years reports to the current year.