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Why don't you just buy in Astoria Whatever1984
I haven’t looked too much into it but I do have ties to northern NJ and am mainly moving to save on income tax as well. But will look at some there as well
Astoria is pretty nice and so is Long Island City (if you want the newer condos). But as OP mentioned, you do save some money on taxes living in NJ versus NY. Driving from NJ to Astoria is a B though especially on weekends. It’ll take a sh*t ton of time going cross town in Manhattan then again on the 59 st bridge.
Sorry, I was offline for Christmas.
As Isaiah, alluded, that's what I did, and I'm also from N. Jersey.
I also might not say what he thinks I'm going to say.
Astoria has great restaurants, pretty good bars, and a decent scene, while being notably cheaper than equivalent neighborhoods in Brooklyn. If you live towards the south end there are also plenty of train lines into Manhattan. Up towards Ditmars? Not so much.
The drive from Jersey will also be a nightmare. Best guess is an hour, and unless you're RIGHT by the tunnel and willing to brave midtown traffic, the GWB to the Triboro is generally faster. (Note to Debtbanker below: from the north the Triboro is generally easier than the 59th St.) Public transit might actually be quicker.
There were two interesting words that I heard though: "Fully Remote." NJ means you avoid city wage tax, (presuming you'd still be classified as working in NY) and that'll save you ~$7k in city wage tax on your base and ~$17k on your bonus, and those numbers go up if you can get classified as working in NJ too. (back of the envelope math, consult a professional) Another comment is that a big part of the allure of Astoria is the short commute to midtown. That doesn't matter to you. As another aside, don't commit too much based on a significant other. Been there, done that, lived to regret it.
My vote is Jersey.
OP, do you have a reason to be in midtown regularly? If not the Fort Lee area might be worth considering. You get more bang for your buck than Weehawken, nevermind Hoboken, and there's still a lot of pleasant local amenities. The big reason that I'm suggesting it though, is that it's the shortest drive to Astoria that you can have while still living in Jersey.
Thanks for sharing, yes I will be classified as a NJ worker. I actually am from Fort Lee area so am familiar. Some of the 1bedroom condos in Astoria look nice though 750k-800k seems like. Would be a bit house poor so maybe will rent for a year and decide
When buying you need to decide what is important for you. I'm hybrid, but a room for an office was important to me, and so was a parking spot. Amenities like an in-building gym, roof-deck, etc. weren't. I ended up finding a well laid out co-op non-luxury ~900sqft 2br/1ba for a bit over $500k. I can't sublet, there are no amenities, and the laundry is in the basement, but I've got the DW, parking spot, and great views. PM me if you want more details. Buying is a miserable process, but overall I'm happy with the place.
One thing to add: If you do decide on Astoria, consider the luxury condos right on the east river. It seems like they have the best amenities, but the big negative for them is that it's a hike to the train. Since you won't be doing that daily, that probably doesn't matter for you though
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