The Hilton penn station is right across the street from the venue, but cheap it isn't. A bit over 200.00 a night. there are several hotels out at the airport Newark International, and there is shuttle and taxie service to downtown Newark where the show is.
Penn station is the train station where you pick up trains to the city. It's like a twenty minute ride.
just go online to orbitz.com or expedia and type in Newark, NJ. All the hotels come up there.
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