I think this will be possible. It may also be tight as well depending on the mortgage that you qualify for.
Have you thought about what towns you want in NJ, I see you asked this question in NEWARK is that the only area... let me know on my email @ firstname.lastname@example.org and I will also be glad to see what is around for you.
John Davis Jr., REALTOR
Century 21 Cedarcrest
SMART Fax : 973-944-5038