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$40/hr == ?

 
Greenhorn
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I'm looking at an offer in jersey city, NJ.
Its on a W2 consultant basis. The rate is $40 an hour.
If i were to negotiate this offer as a permanent employment(i have this option), how much can i ask for ??
This is for a standard J2EE developer job.
 
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here is what i got from dice :

Mean Annual salary for all types of full-time employees using "Java" in the state of NJ (U.S.)

Experience* Respondents Mean Lowest Highest
1 Year 89 $72,011 $10,000 $213,000
2 Years 52 $69,558 $7,000 $160,000
3 Years 125 $80,496 $4,000 $210,000
4 Years 117 $83,171 $19,000 $250,000
5 Years 71 $77,056 $6,000 $160,000
6 Years 86 $94,360 $19,000 $238,000
7 Years 47 $89,681 $43,000 $220,000
8 Years 21 $85,619 $53,000 $144,000
9 Years 15 $87,600 $45,000 $114,000
10 Years 7 $80,143 $50,000 $115,000
11 Years 24 $87,417 $4,000 $140,000
12 Years 4 $82,250 $70,000 $91,000
13 Years 7 $110,714 $83,000 $150,000
14 Years 5 $79,400 $40,000 $112,000
15 Years 2 $87,500 $65,000 $110,000
16 Years 30 $108,367 $38,000 $150,000


Summary Information:
Total Respondents: 702
Mean Experience: 5.12 Year(s)
Mean Salary: $85,959
 
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