I booked a room with private bathroom at Momo's hostel. Upon arrival I was sent to Sky hostel about 50 meter from Momo's where I was given a room. So everything below is about Sky hostel and NOT Momo's.
Advantages: 1. Location - about 200 meter (less than five minutes walk) from the beach. Bus to Savidor train station stops right outside Sky hostel. Many places like Jaffa, Carmel market, Tel Aviv port are at walkable distance of 30-40 minutes. There is a very very small 'supermarket' next to Sky hostel to buy everyday things like fruits, vegetables, snacks etc.
2. There are some good restaurants and eateries near Sky hostel.
3. The staff at Sky is friendly except one lady at Momo's reception who is very rude.
Disadvantages: 1. Although my booking clearly mentioned that my room had wifi I was told that none of the private rooms at Sky and Momo's have wifi in the rooms but only in the lobby. So despite paying for a room with internet I was given a room without internet WITHOUT ANY REFUND.
2. The chairs and sofas in the lobby of Sky are torn and extremely dirty.
3. The room was clean upon arrival but was NEVER cleaned again during my 5 day stay.
4. My bathroom didn't have curtains so the whole bathroom including my dry clothes would get drenched when I took shower. There were no shelves or hooks to keep/hang clothes in the bathroom.
5. The breakfast is ONLY ONE small sandwich with tea or coffee.
Certainly not recommended for families with children.