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  • Camille Haynes

A Surprising Shift to the New Jersey Suburbs May Be in the Rise

Family enjoying New Jersey house living

While many people across the U.S. and nearby New York City have traditionally enjoyed the perks of an urban lifestyle, some who live within the five boroughs today are beginning to rethink their current neighborhoods. Being in close proximity to everything from the grocery store to local entertainment is definitely a perk, especially if you can also walk to some of these hot spots and have a short commute to work. The trade-off, however, is that certain areas in NYC can lack access to open space, a yard, and other desirable features. These are the kinds of things you may miss when spending a lot of time at home. When it comes to social distancing, as we’ve experienced recently, the newest trend seems to be around re-evaluating a once-desired city lifestyle and trading it for suburban living that a lot of New Jersey communities offer.

The pandemic has highlighted how difficult it can be to social distance in major cities, including New York. In addition, the lack of outdoor space for current residences - especially in Manhattan - has made prospective home buyers consider the attraction of more space. Covid-19 has given time for these future home buyers to re-evaluate the benefits of suburban living.

Once the stay at home is lifted, some economists and experts are predicting an influx of residences currently living in New York to consider a relocation into New Jersey. Although there is a potential lifestyle difference, the trade offs can be worth it. The Union & Essex County areas in New Jersey allows locals to take the train or bus service via NJ Transit's mass transit system to arrive in NYC in a relatively short period of time. In addition, the Northern NJ area still has some of the best school districts in the area.

George Ratiu, Senior Economist at notes:

“With the re-opening of the economy scheduled to be cautious, the impact on consumer preferences will likely shift buying behavior…consumers are already looking for larger homes, bigger yards, access to the outdoors and more separation from neighbors. As we move into the recovery stage, these preferences will play an important role in the type of homes consumers will want to buy.”

The Harris Poll recently surveyed 2,000 Americans, and 39% of the respondents who live in urban areas indicated the COVID-19 crisis has caused them to consider moving to a less populated area.

Bottom Line

If you have a home in the northern New Jersey suburbs, you may see an increasing number of buyers looking for a property like yours. If you’re thinking of buying and don’t mind a commute to work for the well-being of your family, you may want to consider looking at homes for sale outside of New York City. Let’s connect today to discuss the options available in the Essex & Union County area.

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