NEw Jersey investment 500k Clifton area. What would you buy today

[Julian Popel]

Hi everyone! Me and my girlfriend decide to buy home to start with small. We need a good location like Clifton area bc she works in port Chester NY 40 away. I working as truck driver my yard in Edison. 

So I’m kinda confused if it’s a right deal to buy. I found a cape code renovated 2018 for 475k in Clifton taxes about 9-10k a year. We don’t have kids. We planing to rent out this property in 1-2 years when we will be ready to buy another one. 

Question should we find an area with lower taxes ? As we don’t have kids. 
should we buy townhouse and save about 75k?

Is this good area to rent out?

What would you do?

Pre approved for 3k monthly payment 

thank you 🙏