Don't need anything fancy but I do need a good solid consistent connection because I am doing VoIP. It's a lot more sensitive to jitter and momentary drop outs.
Something basically the same as these guys who I just purchased an E3-1230 from. Looking for same pricing as well although I know NY tends to be a bit more. http://gorillaservers.com/dedicated.php That $99 plan is what we are looking for. Only need 2x1TB and also a /28.
NJ would probably be ok but I would not want to go out any further than that. Downtown NY would be the best. Yes I know pricing tends to be more but we have some in Manhattan now and the connectivity is very good and solid. Europeans get very good connections there to. I know technically NJ should only be a few ms away and just as solid but that's not always what happens for whatever reason. Probably because less capacity out there or more expensive bandwidth or whatever.