Livingston, NJ is one of the most desirable towns to live in New Jersey, and yet, it still offers relatively good value. There are 5 key reasons buying in Livingston is a great value; affluence, top rated schools, location, housing stock, and price.
Reason 1 – The 2010 census shows the median income for a household in Livingston is $129,208, compared to $71,637 for the state and New Jersey has one of the highest household median incomes in the entire country. So it is an affluent town for sure, yet it offers a wide variety of neighborhoods and housing options, ensuring something for everyone.
Reason 2 – In the US News & World Report feature article Best Schools Ranking 2016 – Livingston High School placed 57 out of 405 public high schools in New Jersey – the top 14%. Overall, New Jersey public schools ranked in the top 17% nationally (i.e. 451 out of the top 2,673 ).
Reason 3 -Livingston is well situated in Essex County with several options for New York City commuters. There is a luxury coach that makes several stops throughout the town and goes straight o Port Authority. There is a Jitney service that picks up commuters at the Livingston Mall (free parking) and brings them to the South Orange train station where they can take a train to Midtown or Downtown. The last is a combination and offers the most flexibility. Drive to Harrison and take the Path train to 33rd St. Because New York City is only 23.5 miles from Livingston the total commute time takes no more than an 70 minutes.
Reason 4 – Surprisingly, Livingston is a large town with many different neighborhoods and you can buy a home and get all of the amenities the town offers for as little as $300,000. There is no “wrong side of the tracks,” or bad neighborhoods to be had in Livingston.
There are about 6-7 different neighborhoods within the town. Some have larger lots with larger homes, some have newer construction, there are in-town single family homes, town home developments and neighborhoods with smaller lots and smaller homes.
Here are just some examples of recent sales in various price ranges.
Recent Sales in Livingston $300,000 – $445,000
Recent Sales in Livingston $465,000 – $600,000
Recent Sales in Livingston $600,000 – $800,000
Recently Sold in Livingston $800,000+
Reason 5 – The value for home buyers in Livingston is a combination of well priced homes and lower real estate taxes. Because Livingston has a large amount of commercial properties throwing off a tremendous amount of review (i.e. The Livingston Mall) the tax burden is less for the home owner compared to other Essex County Towns. The higher the price of the house, the bigger the difference in annual real estate taxes.