I lived in Hoboken for many years and loved it. It is doable on regional FO pay but it is a stretch. You need to find roomates and craigslist is good for that. Living w strangers can be odd, but the rents dictate it.
The biggest hassle there is parking. If you get back late at nt it is a struggle 2 find a spot in most of the town. U have 2 be aware of that when looking 4 a place there. On the bright side it is a great party spot (NYC nxt door) and only 15 mins 2 EWR.
U can find good places in Jersey City and Union City for cheaper but yes the neighborhoods r cr@ppier. They are not that bad despite what many think. You are still close to EWR and Manhattan.
Keep in mind that Eastern PA is a drive and w gas/tolls/traffic it can be aggravating. If u had wife/kids I would say live there. As a single guy look in Hudson county.