How to Choose a Neighborhood for Your New Jersey Home Search
Narrow your NJ home search by identifying neighborhoods that are right for you. This helps keep your search focused and efficient.
We specialise in the fine communities of:
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Chatham
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Madison
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Harding Township
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New Vernon
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Florham Park
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Morristown
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Summit
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New Providence
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Berkeley Heights,
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Short Hills
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Millburn
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Maplewood
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South Orange
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Livingston
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Bernardsville
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Bedminster
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Basking Ridge
We can offer you specific and general neighborhood information to guide you in making the best choice for you and your family.
When evaluating a neighborhood you should investigate local conditions. Depending on your own particular needs and tastes, some of the following factors may be more important considerations than others:
- quality of schools
- property value trends
- traffic
- crime rate
- proximity to schools, employment, hospitals, shops, public transportation, prisons, freeways, airports, beaches, parks, stadiums and cultural centers such as museums and theaters
Neighborhood Search Strategies for Buying a Home in NJ on a Limited Budget
If you’re a first time-buyer in NJ with limited financial resources, it's wise to buy a home that meets your primary needs in the best neighborhood that fits within your price range. You can maximize your home purchase location by incorporating some of the following strategies into your neighborhood search:
- Upcoming neighborhoods: Look for communities that are likely to become "hot neighborhoods" in the coming years. They can often be discovered on the periphery of the most continuously desirable areas.
Check for planned future development such as additional transit; new community services such as pools and theatres.
Look for a home in a good neighborhood that is a bit farther out of the city. If commuting is a concern, purchase a home that is close to public transportation. - Neighborhood demand: Look at the neighborhood demand by asking whether multiple offers are being made, whether the gap between the list price and sale price is decreasing and whether there is active community involvement. You can also drive around neighborhoods and see how many "sale pending" and "sold" signs there are in a particular area. As you are driving around, stop and talk to the people you see. You can learn a lot about a community by talking with its residents.
- Co-ownership: Look into purchasing a condominium or co-op, rather than a house, in a desirable neighborhood. This way you still may be able to purchase in a prime area that you otherwise could not afford.
