Hoboken is actually really nice. Well anything below 5th Street. Maxwell's is a bar located there, Bruce Springsteen filmed his Glory Days music video there. It is popular with people who work on/or near the financial district in Manhatten. The Wall Street types have taken over a lot of the apartments there, raising the average rent in the area quite a bit. One reason is because it is only 1 PATH train stop to the World Trade Center. One can also reach Manhatten easily by ferry.