Unfortunately, Dennis, buying a home isn't like buying a blender......you can't return it. Now, maybe Macy's might take it back,, but for sure the sellers (or especially, the bank) won't!
I don't know why you now wish you hadn't made the purchase. If it's financial, then the best you can do is hang in there, stay current with your payments, and wait for the market to at least stabilize, and then try to sell. That, however, is most likely several years away.
Whatever the other reasons might be, there isn't much you can do but make the best of it.
Of course, you could always look into renting it out if the numbers work. Call in a Realtor, and find out how much you might get asa a rental. If you can cover your monthly payments then that might be one solution.
Prudential NJ Properties