Harrison, N.J.: The Next Hoboken?

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Easy commute to NYC from Harrison, NJ.

The New York Times asks, is: Harrison, N.J.: The Next Hoboken?

When our office was located in Jersey City-Harrison's neighbor to the east-I had occasion to drive through this town.  Once the home to heavy industry, the area near the PATH station has become a residential enclave.

The New York Times reports

Steve Defontes spent years living in West Orange, N.J., and commuting to work in Lower Manhattan before he decided, last year, that he was ready for a change. When his house sold faster than he expected, he was forced to make a quick decision about where to go, and his mind naturally went to the town he had been driving to each day to catch the PATH train: Harrison, N.J.

“I asked myself, ‘What can I do that will disrupt my life the least?’ And I thought of all those buildings that were going up around where I parked my car every day,” said Mr. Defontes, 45, the president of Big Idea Advertising.

In December, he moved into a one-bedroom, one-bathroom apartment in one of them, a luxury rental building a three-minute walk from the new PATH station, cutting his commute in half. And at $2,180 a month, he estimates his rent is about half of what he would pay in a similar amenity-filled building in New York City. The move was expedient, but the outcome turned out to be much better than Mr. Defontes anticipated.

So, a question for renters and home buyers who are watching their budget, does Harrison sound right for you?

Read the full report.

For your real estate purchase or mortgage refinance or

if you have questions about what you see here, contact

Stephen M. Flatow, Esq.

Vested Land Services LLC

165 Passaic Avenue, Suite 101

Fairfield, NJ 07004

Tel 973-808-6130 - Fax 973-227-0645

E-mail sflatow@vested.com

@vestedland

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