4 ms·

One thing to point out about the NYC metro area is that there is a ton of land surrounding it with reasonably priced homes in safe areas with less than a 45 min

One thing to point out about the NYC metro area is that there is a ton of land surrounding it with reasonably priced homes in safe areas with less than a 45 minute commute by public transit, where in the Bay Area and Seattle, the waterways are far larger, and transportation options more restricted. Within huge portions of nearby suburbs, you can buy a sizable 3+ bedroom house for <400k in a town with a train stop and a good school district that takes you directly to the office.

vonmoltke 8y ago
> Within huge portions of nearby suburbs, you can buy a sizable 3+ bedroom house for <400k in a town with a train stop and a good school district that takes you directly to the office. A train which sometimes get you there in 45 minutes, sometimes in 60 minutes, sometimes gets cancelled because of (Amtrak signal problems | disabled Amtrak equipment in the Hudson tunnel | overhead wire damage | $ PROBLEM_OF_THE_DAY). He says while crammed in to an NJTransit train.
- PLenz 8y ago
  NJT is a mess but Metro North is pretty great. I walk to the train and then walk GCT to our office on Park. I grew up in Queens and my commute to Manhattan is shorter now when I live 30 miles outside the city. But I also pay for that with Westchester taxes.
- zjaffee 8y ago
  This is absolutely true, from what I've been hearing NJ transit has just been getting worse and worse since I had used it on a daily basis.
  - vonmoltke 8y ago
    It has been going slowly downhill since I moved here two years ago. I'm glad I don't have to go into Penn any longer. Hoboken has its own problems, but at least the NJT cancellations are rare and the trains usually get there within 5 minutes of when they are supposed to.
TarpitCarnivore 8y ago
Reasonably priced homes within 45 minutes of NYC, via train, are definitely not a thing. You're also not even counting our absurd taxes in places like Morristown, Montlcair, Fair Lawn, etc.
apohn 8y ago
>Within huge portions of nearby suburbs, you can buy a sizable 3+ bedroom house for <400k in a town with a train stop and a good school district that takes you directly to the office. Not to be a ass, but where? And please don't just point out a home with no pictures you just found on Zillow, but a place where you've actually been to which has decent property taxes, decent schools, and is safe? And actually a 45 minute commute, not 45 minutes if you ignore the 20+ minutes it takes to drive your car from home to a train station and pay $50+/month to park for a reserved spot. I ask this because I used to live in a NYC area highrise and always used to think over the about the seemingly fantastic deals in the suburbs. Then I started looking and realized real-estate websites and Google Maps commuting are a far cry from reality.
- zjaffee 8y ago
  Look, you wont find this in the towns with the absolute best schools, and it is only possible to have this sort of commute if you work on top of the lower manhattan path station or penn station. Additionally, prices could've have risen since I last checked, and property taxes in NJ will always be high. But towns ranging from Maplewood to Cranford fall in this price range. Note when I say sizable I'm talking the ~2000 sqft range also.
  - apohn 8y ago
    Maplewood is a great example of homes that look amazing at first glance on real estate websites, but the high property taxes cause your mortgage payment to jump significantly. Here's a great example. 36 Ball Ter, Maplewood. $550K, ~2200 sqft, interior looks newly renovated, looks really nice in pictures. $15.5K(!!) in taxes. With 20% down you're still looking at $3.5K/Month(includes property taxes) on a 30 year mortgage. If you look at the price history on Zillow or Trulia, it looks like it was flipped (I think that's when the interior renovation was done) late 2017/early 2018, and the price went up to $750k and has plummeted since then. So the property tax assessment is probably on the pre-renovated value, not the renovated value. So whomever purchases this house can expect a fat tax increase when the town reassess the value. Also, look at the prices between the East and West side of Maplewood. The East side is fairly close to areas that lots of people would prefer not to live in due to safety concerns. Again, I'm not trying to be an ass or attack you. I'm just trying to present some real numbers so people have a realistic view when they think the greater NYC area is a place you can escape to when you want access to NYC with a medium CoL. NYC is a very high CoL area and moving to the suburbs can hurt (e.g. terrible commute) in unexpected ways, and you still have a high CoL compared to the majority of country.
alexhutcheson 8y ago
No one I know who commutes from outside NYC/Hoboken/Jersey City into NYC has a door-to-door 45 minute commute. 45 minutes might get you to the train station (if the train is running on time), but unless you work right next to Penn Station or Grand Central, it takes at least another 10-15 minutes to get to your desk.
- zjaffee 8y ago
  My parents commute from NJ west of the parkway and when things aline the commute is 45 minutes (of course things often don't align). The key piece is that you need to live and work right near the various stops.

vonmoltke 8y ago

> Within huge portions of nearby suburbs, you can buy a sizable 3+ bedroom house for <400k in a town with a train stop and a good school district that takes you directly to the office. A train which sometimes get you there in 45 minutes, sometimes in 60 minutes, sometimes gets cancelled because of (Amtrak signal problems | disabled Amtrak equipment in the Hudson tunnel | overhead wire damage | $ PROBLEM_OF_THE_DAY). He says while crammed in to an NJTransit train.

PLenz 8y ago
NJT is a mess but Metro North is pretty great. I walk to the train and then walk GCT to our office on Park. I grew up in Queens and my commute to Manhattan is shorter now when I live 30 miles outside the city. But I also pay for that with Westchester taxes.
zjaffee 8y ago
This is absolutely true, from what I've been hearing NJ transit has just been getting worse and worse since I had used it on a daily basis.
- vonmoltke 8y ago
  It has been going slowly downhill since I moved here two years ago. I'm glad I don't have to go into Penn any longer. Hoboken has its own problems, but at least the NJT cancellations are rare and the trains usually get there within 5 minutes of when they are supposed to.

TarpitCarnivore 8y ago

Reasonably priced homes within 45 minutes of NYC, via train, are definitely not a thing. You're also not even counting our absurd taxes in places like Morristown, Montlcair, Fair Lawn, etc.

apohn 8y ago

>Within huge portions of nearby suburbs, you can buy a sizable 3+ bedroom house for <400k in a town with a train stop and a good school district that takes you directly to the office. Not to be a ass, but where? And please don't just point out a home with no pictures you just found on Zillow, but a place where you've actually been to which has decent property taxes, decent schools, and is safe? And actually a 45 minute commute, not 45 minutes if you ignore the 20+ minutes it takes to drive your car from home to a train station and pay $50+/month to park for a reserved spot. I ask this because I used to live in a NYC area highrise and always used to think over the about the seemingly fantastic deals in the suburbs. Then I started looking and realized real-estate websites and Google Maps commuting are a far cry from reality.

zjaffee 8y ago
Look, you wont find this in the towns with the absolute best schools, and it is only possible to have this sort of commute if you work on top of the lower manhattan path station or penn station. Additionally, prices could've have risen since I last checked, and property taxes in NJ will always be high. But towns ranging from Maplewood to Cranford fall in this price range. Note when I say sizable I'm talking the ~2000 sqft range also.
- apohn 8y ago
  Maplewood is a great example of homes that look amazing at first glance on real estate websites, but the high property taxes cause your mortgage payment to jump significantly. Here's a great example. 36 Ball Ter, Maplewood. $550K, ~2200 sqft, interior looks newly renovated, looks really nice in pictures. $15.5K(!!) in taxes. With 20% down you're still looking at $3.5K/Month(includes property taxes) on a 30 year mortgage. If you look at the price history on Zillow or Trulia, it looks like it was flipped (I think that's when the interior renovation was done) late 2017/early 2018, and the price went up to $750k and has plummeted since then. So the property tax assessment is probably on the pre-renovated value, not the renovated value. So whomever purchases this house can expect a fat tax increase when the town reassess the value. Also, look at the prices between the East and West side of Maplewood. The East side is fairly close to areas that lots of people would prefer not to live in due to safety concerns. Again, I'm not trying to be an ass or attack you. I'm just trying to present some real numbers so people have a realistic view when they think the greater NYC area is a place you can escape to when you want access to NYC with a medium CoL. NYC is a very high CoL area and moving to the suburbs can hurt (e.g. terrible commute) in unexpected ways, and you still have a high CoL compared to the majority of country.

alexhutcheson 8y ago

No one I know who commutes from outside NYC/Hoboken/Jersey City into NYC has a door-to-door 45 minute commute. 45 minutes might get you to the train station (if the train is running on time), but unless you work right next to Penn Station or Grand Central, it takes at least another 10-15 minutes to get to your desk.

zjaffee 8y ago
My parents commute from NJ west of the parkway and when things aline the commute is 45 minutes (of course things often don't align). The key piece is that you need to live and work right near the various stops.