You can get a single family home for that price. There are now 4 for sale in North Bergen. If you send me an e-mail I'll send the information to you and you can take a look at them.
With FHA loans the downpayment can be quite low and now interest rates are still low too, making it a very good time to buy.
You'll need to provide more information... If you're a veteran you could buy with no down, if you can get a FHA loan, you could buy only putting down 5,250, if you're buying an investment property you'll been a lot more etc