Good place to start to explore NYC. There's a really efficient train from the Newark Penn station directly to New York Penn station that costs 10.20$ round trip. We were in the room #2, on the basement, and that was good because it was so fresh (the fan in the room works fine as well). The place is exactly as in the description. In the neighborhood there are several restaurants where to eat delicious meat for cheap; there is a Portugal community that really enjoy tourist, but avoid to buy something in the electronic shop...most of them sell a lot of fake products as original!
Definitely recommended.