Watchung is considered to be a great place to live due to its low crime rate, excellent schools, and beautiful surroundings. However, like any locality, there are both pros and cons when it comes to purchasing real estate in Watchung. Here are a few:

Pros:
1. Low crime rate: Watchung has a low crime rate compared to other towns in New Jersey, which is a big plus when it comes to purchasing real estate.
2. Excellent schools: If you have kids, Watchung is a great town to consider as it has some of the best schools in the state.
3. Beautiful surroundings: Watchung is known for its picturesque surroundings and abundant greenery.
4. Close to major cities: Watchung is conveniently located near major cities like Newark, New York City, and Philadelphia, making it easy to commute if you work in those areas.

Cons:
1. Expensive real estate: The cost of living in Watchung is high compared to other towns in New Jersey, which means that real estate in the area is also more expensive.
2. Limited public transportation options: While Watchung is located near major cities, the town itself has limited public transportation options.
3. High taxes: Property taxes in New Jersey are known to be some of the highest in the country, and Watchung is no exception.