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NYC - EWR Air Train/NJ Transit to Penn Street Station

We (3) are flying into Newark Airport (Saturday in October) landing at approx 7pm and are staying in Madison Square Gardens. We will only have 2 suitcases.



We have looked at getting a taxi but looks as though this might cost about $80 inc. tips/tolls/taxes.



Can anyone give me your opinion/tips on EWR Air Train/NJ Transit to Penn Street Station and then walk the 5 blocks to our hotel - this looks to be a faster and cheaper option ($37.50) but obviously don't want to do this if it is awkward.



Your help and advice would be greatly appreciated - Rae x

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