Whoaa, man Now wonder why your broke. I'm looking at condos to buy right now and I found 2 bedroom for 105,000. Breaking it down with ultilities, condo fees, taxes, etc, I'd be spending at least 1000 dollars less per month then you and I'd own. Can't believe its that bad in jersey. I'm moving out into the rural areas, not so much in the city that helps but, still. Thats tough. good luck.