Trulia Community - Advice from neighbors and local experts

Find Your Community
We couldn't find that location. Please try again.
Get Expert Advice

Rent vs Buy in Essex County : Real Estate Advice

  • All33
  • Local Info1
  • Home Buying24
  • Home Selling1
  • Market Conditions0

Activity 4
Thu Jan 9, 2014
Barbara Gruska, Tom Abella answered:
I do not now if you have resolved your commuting issue but here goes. I commuted for several years
from Flushing (bus and #7) and commuted 15 years from Millburn and there was basically no difference in time. In fact, the wear and tear on the body is a little easier from NJ because of the one stop nature, depending of course on what you need to do once you get to NYC. I would recommend that you buy in Millburn because renting is not a low-cost situation, moving can be expensive and the commute is not that different from Brooklyn (unless you only have to go 3-4 stops) to wall street.
The market now in 2014 is likely to pop again next month so I would approach it aggressively. Naturally, I would be happy to help you do it and also show you other towns that have similar commutes, schools that are close to that of Millburn and costs that are more attractive. I can show you the houses but YOU make the decisions.
... more
0 votes 5 answers Share Flag
Mon Dec 13, 2010
Don Maclary answered:
Yes your credit will not only determine if you can buy, It will also make a difference in the rate you get.
0 votes 4 answers Share Flag
Tue Nov 9, 2010
Morrighu answered:
Given the crap tastic home market right now, you might find it financially advantageous to buy instead of rent. Things are very much in favor of the buyer but the market is just starting to turn and should be, IMHO, fairly recovered in 2 years when you'd be ready to sell. Just something to consider. ... more
0 votes 5 answers Share Flag
Sun Feb 22, 2009
John Sacktig answered:
Hi Lisa,

I was just about to post telling you to contact Diane Glander!

What I know of Diane, she seems to have her figer on the pulse of southern Monmouth County, If anyone can help it..... would be Diane.

Good Luck.
... more
1 vote 3 answers Share Flag
Search Advice