Fantastic value and location. The PATH train is steps away and the there are ton of restaurants, bars, shops within a couple blocks walk. Area feels safe and interesting.
It is an old fashioned NYC-style 4th floor walk-up so expect steep stairway, not a fancy building, ac unit in bedroom that doesn't totally cool the kitchen. But it was all very comfortable for us with two adults and kid on the futon and a very good place to stay for touring NYC and Jersey.