Obviously, those who live in Manhattan do not need to own a car. However, if you lived in Jersey City, NJ and work in Manhattan, would you recommend having a car? I know you can take the subway into the city, but is it practical to not have a car in Jersey City like it is in Manhattan?
Thanks.
| +267 | Earliest you can get fired | 58 | 1h |
| +250 | UBS’s M&A BANKERS ARE DOING TERRIBLY. $200M EXTRA IS BEING CUT | 47 | 5h |
| +231 | Investment Banking is Divine | 39 | 2h |
| +223 | Career Crossroads | 31 | 20h |
| +214 | US 2027 SA IB worried about background check | 52 | 1d |
| +206 | Analyst: Why is UBS IB doing worse than peers?, UBS CFO: No Comment | 41 | 14h |
| +204 | Another $115bn Mega deal for these banks. Congrats! | 44 | 3h |
| +113 | Is UBS really that bad? | 35 | 1h |
| +38 | Is Houston SA 28 recruiting already over? | 32 | 15h |
| +23 | Sweat Group 2026 Discussion | 24 | 16h |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
also, is jersey city/hoboken a lot cheaper for small apartments than manhattan? and are there good bars/hang-out spots? i like going to bars that aren't extremely packed so maybe this might suit me better than a midtown bar...
Hoboken is really young and fun. It's not really cheaper though, it's been getting pretty expensive. Jersey city is a little cheaper depending on what part you live and I guess same goes with Hoboken. If you live by all the bars, the rent can be costly. Car depends on where you live in these areas and what you are trying to do.
I don't know much about new jersey but go to the PATH train's website and see how long the ride takes and how much it costs etc.
Parking is a PAIN in Manhattan. You'd want..and need.. a car to get around in NJ and (farther east) Queens/Brooklyn NYC.. just not to Manhattan at working. Note: a lot of parking open up after 6/7 pm on weekdays in Manhattan..
at working hours*
I was afraid you would need a car in Hoboken/Jersey City. Might as well try to live in Manhattan then. The only comfort in moving towards that expensive area is that I will not have to pay for gas, car insurance, or any other automotive-related expenses anymore. But looks like if I decide on moving into New Jersey, I would still have to pay the expensive rent AND transportation. I don't think that is worth it.
Don't forget time. Living in Manhattan will save you a lot of time, and given that sleep is such a precious commodity, I would try to find a place as close to your firm as possible.
Quos rerum voluptatum ad dolore quis. Nam ex dolor cupiditate enim minus in.
Qui itaque ut nobis aspernatur dolorum nulla. Veritatis corporis cum autem sint incidunt. Et aliquam a cupiditate pariatur in.
Exercitationem voluptas incidunt ab fuga veniam necessitatibus sit eum. Minus placeat voluptatem omnis velit consequuntur accusantium et.
Excepturi ut quia quos quis adipisci eaque labore. Illum reiciendis ex corporis sit. Eum at voluptatem et doloremque voluptatem quod tenetur. Consequatur ea qui aperiam libero asperiores vero rerum. Inventore quisquam itaque quas iusto veniam eveniet.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...