Does anyone have any experience living in Hoboken? I actually have a sweet apt downtown NYC but am thinking about moving to Hoboken.. rent is cheaper, my boyfriend lives there, the commute is not that bad,.. OR is it???
The apt I am looking at there is right by the path/CVS/post office if anyone knows where I am talking about
Thanks!
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I live in Jersey City, but often come up to Hoboken. Hoboken is a similar feel to much of NYC. The problem is that if you come home past midnight, the PATH runs only every half hour.
That area has a lot of bars. I would imagine it could get pretty noisy at night if you live in one of the brownstones near a bar. You may want think about buying a really noisy fan.
Tell your bf to move to the city
Hoboken is really a nice place these days, reminds me of the Village. Definitely cheaper than the city, but it has its obvious cons. Try going out on a few random nights (Tuesday or a Wednesday) and see if you like the feel of and "off" night.
If you live in Hoboken you're a douche....Leave you bf and give me a call, this kid cannot be serious
Says the Boutique Banker...
If you work less than 60-70 hours/week, I think Hoboken is a great deal. You spend less than 2.5 hours of your free time doing the extra commute every week, and in exchange, you save 3.5% in city taxes. The lower rents and cost of living ($5 beer instead of $7) are an added bonus.
There's nothing like New York City, but if you just don't see the magic and the specialness of Manhattan living, Hoboken starts to make a lot of sense. Same with Jersey City.
Illini, I'm thinking of making the move to Jersey City possibly to the Newport development. Thoughts?
Depends on how old you are tool. Hoboken is chalk full of college grads who have yet to make their way into the city. I assume you've at least tried to get your boyfriend to move into Manhattan?
Why doesn't your Boyfriend move to the West Village? Its the friendliest place in the country besides Provincetown for gays.
Before I even address the OP, to the idiot that thinks everyone living in Hoboken is a douche, he just ignores the massive amounts of them surrounding him in NYC. To everyone else, I just find it amusing that it's an instant insult to admit that you live in Hoboken. Not all the masters of the universe, or the partners and C-Level executives at Goldman Sachs for that matter, make Manhattan their home and that's for good reason. There are great places that are not Manhattan.
To the OP, I happen to live in Hoboken and have no problem talking about it. Then again, I'm also a true Jersey Guy for life, none of this guido, Jersey Shore, GTL bullshit that you kids all think is Jersey. I've spent almost all of my life in Jersey, living in the suburban shadow of NYC for all my life. The only time I haven't, was when I went to college, and to me NYC is just another city. Being disillusioned and not enamored by it, I'd rather stay across the river and live in Jersey than I would spend twice as much to be in Manhattan.
Truth is, IP hit on a lot of good points, although I will say that I live above one of the more popular bars in Hoboken, and it's honestly not that bad. Yes, you will find college aged kids in Hoboken (Stevens Institute of Technology is located in the Midtown/Uptown area overlooking Sinatra Drive), but you find that everywhere, and since your boyfriend already lives across the river, I'm sure you're aware of where you like to go when you come out here.
That said, PM me with all your questions about the area. Better get the low down from a native than someone who doesn't know it.
Thanks everyone. My bf has lived there his whole life and I like the city a lot when I hang out there, but it's usually during the weekend. I'm going to try to get there more often during the week before I decide.. my apt is nyc was hard to get!
Do your research- particularly if you're moving into one of the older rental towers that are red brick and named after the presidents. They're generally nice, but I've also heard some horror stories. I haven't heard anything bad about the newerish buildings by the Yacht Club (The Atlantic, the Hamptons) and the recent construction stuff. The condos are also nice.
Grove Street is also really nice but about $200/month/room cheaper. A lot of professionals who work in the city also live there. One added advantage of Grove Street if you're heading to Midtown is that you can usually get on the first train rather than have to wait until there's room. Grove Street and Hamilton Park are probably a little more walkable than Newport- the LeFrak group designed the place back in the '80s when JC was a mob-infested dump- replete with landfill fires on occasion- and figured that nobody in their right mind would want to venture outside the compound unless they were in a car. Hence it's not as walkable as would be ideal.
Hoboken is a great place to live, especially if you are commuting to Wall Street. In fact, some call it the Sixth Borough. Jersey City isn't too bad either depending on where you look. The PATH train goes right to the World Trade Center stop and you can walk to just about anywhere in the financial district in 10-15 minutes from there.
Hope to see you around!
Ves K. Founder http://www.cleanpopo.com
BB IBD and living in Hoboken? (Originally Posted: 09/29/2011)
Could you work IBD analyst hours and commute from Hoboken to NYC every day?
You're voluntarily living in Hoboken?
Even if you COULD why would you do that to yourself?
Hoboken is the shizz
FACT
no
just don't
$500 savings / month x 12 x 2 = $12k
but your health and mental sanity is worth so much more
Sure. Harold from Harold and Kumar did.
Do you work midtown or downtown? Seems more feasible if you work midtown.
dont do it breh you cheap fvck
Its very possible depending where in hoboken and where you work. Your commute could be 20 minutes door to door
Imagine trying to recover sleep on a hard-ass PATH seat. Imagine finishing work at 3 AM, taking a black car home and having your sleep cut short by an hour because you need to wake up earlier to get to the office at 9. Have you ever been sleep deprived during a New York summer morning?
Fuck no. B&T is for PR chicks and IT guys in pleated khakis.
You're in high finance - act like it.
Depends on where you work and where in Hoboken. Commute could be 15-20 mins in some cases, which is likely similar or better than if you lived in Murray Hill, Financial District, etc. Could save you a lot of money, and its not like any place you would get in Manhattan with analyst pay would be baller anyway.
Depends on location of firm and avg works clocked at your desk. if you are in ECM or a more markets-facing role, definitely do-able. but if you're in a sweatshop banking group, don't even bother with this option
I go to school in Hoboken, not working FT, but I lived there over summer while interning at a BB. As long as you live near the path, living in Hoboken is great. If your located near the financial district or midtown, your commute could be less than 20 minutes.
I'm definitely living a couple years in Hoboken when I graduate. Perfect location -- great crowd (especially the women).
Personally I'd just live right next to work. So much more convenient when you need to run out, change, or shower...
Suck it up for a year or two then peace out
Jersey City / Hoboken (Originally Posted: 07/22/2012)
Anyone in Jersey City or Hoboken? I just moved here and training hasnt started yet so if you want to grab some drinks let me know.
Where are some good places to check out around here?
check out Manhattan.
Go to carlos bakery and stand in line haha.
NYC/Hoboken Living Questions? (Originally Posted: 04/28/2013)
I might be transferring to NYC for my bank, but just had a few question for you NY/Jersey natives. How much would a decent studio run in Hoboken(650 sqft)? I am guessing washer/dryer is not in the unit, not a big deal about this, but just wondering. I also plan to bring a car, so I take it hoboken is a much better option then. More importantly how does city and state tax work there? I am from Texas and the concept of state and city tax is new to me. If I worked in NYC and live in NJ, do I still pay city tax?
Lets break things down here since there's a lot to cover...
Last I checked in terms of prices, you're looking to spend about 1500-2000 for rent, if not more depending on the building. Your amenities depend on the building. Some have Washer/Dryers in the building, others don't. There are a number of laundromats around Hoboken, some of which do wash and fold (basically, you pay by the pound and you'll get your laundry washed and folded).
Both NYC and Hoboken suck in terms of having a car. Hoboken's a bit easier to deal with between the two, but you will be paying significantly higher insurance rates than you did in Texas. Both Hoboken and NYC will cause the rates to jump - it's location, location, location combined with a high number of cars and people which leads to massive rate jumps. Street Parking in Hoboken is doable (and you can get a resident parking pass); it's much easier to find street parking in Hoboken than it is in NYC. Garage parking is also cheaper in Hoboken than NYC.
Don't quote me on the legalese here or take my opinion to be 100% accurate in terms of legal guidance because it's not, but you will end up paying NJ State Tax as a resident, and NYC City and State Tax (I can't recall 100% here) because you derive income by working in the State of New York. It's not a question of residency, but where you're employed and work from that requires you to pay the City Tax.
Ok thanks. I think I have been spoiled in Texas so a move like this would be difficult. Do you have any recommendations where I could live in Jersey thats within walking distance of the train that takes me straight into NYC? I don't mind living slight farther out as long as my total commute is preferably around 30 mins.
stay in texas dude!!! its soo much fucking nicer out there than it is in new jersey, especially up north. NNJ/NYC is a big, over priced diaper of a place to live.
if you can find a place in princeton, it'd be ideal but its kinda far. princeton is boring as shit too but pretty nice..its also very quiet.
How far out are you looking to live? Do you want Suburbia or do you want a Path Ride away? How safe do you want the area to be? Would you consider driving and getting a monthly pass to park at the PATH station and take the PATH over into the city? Would you consider living further out and the Light Rail into Hoboken (or Jersey City) and catch the PATH from there? What part of NYC are you working in?
Lots of questions need to be factored into choosing where you want to live.
I dont want to do multiple transfers in a day. I am guessing anywhere right near the path train would be nice. I plan to use my car to mainly get groceries and run errands. Also to visit family every other weekend or so. It would be great if there are apartments right near the Path where I can walk to fairly easily. Yes, I would like it to be fairly safe at night.
Well, the number of transfers you have to make depends on where you live and where you work. Also, would you take the Ferry if it were an option depending on where you live? Everything really does hinge on what part of city you're working in. Living near the path is extremely expensive. Location is everything in Hoboken and with that, the cost of real estate in Hoboken goes up in proximity to the PATH, Ferry or the if you're in the ultra luxury buildings. You'll be safe almost everywhere in Hoboken and in certain parts of Jersey City.
Hmm. I suppose I don't mind paying around $1400 for a studio, if I get a roommate, I am guessing we could get a decent 2 BR for around $2k? Does the Path only go through hoboken? I am guessing groceries are not that expensive there. How much is typically charged for parking in hoboken or is it all included? Also I forgot to mention that my office is in midtown.
Will you consider suburbia as well?
I've lived in both Hoboken and Jersey City and commuting is relatively easy. While living in Jersey City I was 5-10minute walk to the Pavonia-Newport PATH train and that train takes about 15minutes to get to 33rd st. Hoboken I lived uptown and took the bus. Depending on the day it takes 10-20minutes to get to PABT.
Tax wise I believe I only paid NY state and NJ state no NY City tax (i think).
How old are you? In your 20's Hoboken is a good time and I'd live there over Jersey City or further north suburbia towns
Ok so I am not familiar with NYC locations, but is Hoboken easy for getting into midtown?
Its on Park Avenue.
Could walk from the 33rd st PATH...well depending where on Park
JPM or UBS you could take the PATH in and then the F train to Rocafeller Center and walk the rest
Also if you're going to be using the Path, you may want to keep in mind that after midnight and on the weekends, the frequency of trains drops dramatically. Only one train, every half an hour (It really doesn't affect you if you live in Hoboken, but if you decide to live in Newport, it''ll be an additional 10-15 mins to your commute).
Hmm, but assuming I am in hoboken, commute shouldn't be more than 25 mins during peak hours?
Should be somewhere around there. You can always look at the PATH schedule to know when the next train is coming. Could easily time your commute to minimize waiting for the train.
IB Associate Purchase Property in Hoboken? (Originally Posted: 04/18/2016)
I'm most likely headed to NYC next year to work in IB and I've started exploring the idea of purchasing a place in Hoboken. Quick list of reasons why I'm looking into this:
Curious if anyone else has considered this and if they have any advice. I've seen some pretty decent 1-2BR apartments/condos in the 400 - 800k range which is pretty manageable for my budget (haven't seen what the bank will approve for me yet, but my credit is solid). Thanks!
Have you ever been to Hoboken? I fucking hate that place. It's like living in a Jersey shore frat house. I would make sure it's for you before you bought there.
Buy 3 bedroom place in Hoboken with 2 others? (Originally Posted: 08/13/2013)
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It's feasible, but it's pretty awkward to co-own a three bedroom home three ways. You all just recently graduated college too...what happens when one of you goes to grad school in California? Or gets a great job offer in Texas? I don't think it's a smart move.
Also, it's in Jersey
Owning property with friends is never a good idea, especially a property that you will be living in.
Co-own for a live-in? Not a good idea...
Would not recommend doing this, primarily for the reasons above but also because you shouldn't be buying your own house this young - waste of money. Buy rental properties for extra income, sure.
Do you truly plan on staying there long term? If so, see if you can come to an agreement where the house is in your name and they rent out from you.
Its impossible unless you all can pay all cash, banks won't even touch this.
Yeah, one of you would have to be the sole owner from the perspective of the bank. That means taking all the risk even if you split the down payment. Now, if you want to buy a three bedroom and then have your friends as your tennants, that's another story. However, like previous posters have mentioned you do not want to be tied to a piece of real estate this early in your life.
Don't do it. If you want to buy do it alone. Hoboken is expensive though and would be real tough for a recent college grad to do without any help (family). I looked around Hoboken to buy and it just wasn't worth it at the time.
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