HI there! I live in Glen Ridge. You can rent the train station house, a.k.a. the Glen Ridge Senior Community Center, for cheap. It's also a historical building and super-cute. There is a side street running alongside the building that you can have closed for guest parking.
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I used to live in Glen Ridge and had a party at the train station once. It is very cute and worth looking into. Otherwise, any VFW, American Legion type of place. Some of them are nice if you look around.
Re: Hall for rent near or around Nutley area around $300?