They look half way decent to me. 

Which one is more effective. ..lowering your costs of living a decent life or generating more income?

If so, send them a handwritten letter or give them a call and see if they might be inserted.Also, I've recently had a decent number of positive responses from Craig's List ads.

He was held up and shot (he's OK now) outside of the property.

Rents are too low. 2 fams in Newark, unless are in decent areas like North newark (upper roseville section and has parking), ironbound, etc. are being evaluated primarily using their rents.

My wife and I have a decent credit score. 

We have good credit in the 780s, low debt, good income and decent savings.  

If you're hoping for future appreciation, you're not investing; you're speculating.Having said that, if you have the resources to pay cash for a condo, then it may be a decent investment as a rental property because you won't have the monthly mortgage payment to worry about.

I do have a job and make pretty decent money, so I suppose if I do not get "too" leveraged, I should be okay.

Its not next to any colleges and it's in a decent neighborhood.