Let's take a closer look at a typical community and what the maintenance fee would cover. Below is a simple comparison of condo ownership versus single family home ownership monthly cost
Category: General NJ Condo Information
5 Tips before you buy a condo
5 Tips for Buying a Condo in New Jersey. Get pre-approved before you even start looking. Find an experienced agent who knows the communities you are looking .
Home or Condo
Single Family Home Ownership vs. Condo Living So, you are thinking about getting into home ownership. Before you do, here are some the pro and cons of single family home ownership vs. condo living.Might want to read over before you make the wrong decision. Everyones lifestyle is different so make an informed decision before you …
A Condo Owners Nightmare
A $49,790 Special Assessment charged to unit owners of a New Jersey Townhouse Community "First of all...don't get scared out of buying a condo or townhouse. This does not typically happen. In my 35 years of a being a Broker, this is the most extreme case I have heard about."..... Warren Damiano Yes, it's unfortunately …
Condo Buyers Beware!!
Condo and Townhouse Buyers..BEWARE...Associations are raising costs to buy units. These days I have found that associations are doing everything they can to build up their funds to run their community. With costs continuing to rise everyday to run condo associations these days (IE: Insurance, landscaping, roof replacements, heating systems, driveways repaving etc.) associations are …
NJ Affordable Housing
We realize that not everyone can afford luxury condos and townhouses. We have found a resource for more NJ affordable housing options offered by the *New Jersey Housing Resource Center. *NJCondos.net is not affiliated with this resource center nor do we offer any of these properties for sale unless they are on the local multiple …
Professional Real Estate Photography by Front Door Photography
PROFESSIONAL PHOTOGRAPHY ALWAYS PAY OFF As they say.... "You only have one change to make a good first impression". Condos and townhouses that are listed and use professional photos tend to sell faster. Studies have shown that professional real estate photography can help a listing sell around 50% faster than comparable homes without professional photography. …
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Condo Management Companies New Jersey
Condominium Management Companies in New Jersey Disclaimer: Below is a list New Jersey management companies who manage communities in New Jersey. We do our best to update this page regularly, if you see errors or additions, please contact us using the contact form. Communities change management companies periodically so it may have changed since this …
Is your New Jersey Condo VA approved?
Are you a veteran looking to buy a condo or townhouse in New Jersey? VA Condo Approval Standards On Oct. 26 2017 HUD announced they will be reducing the owner-occupied requirements for 50% to 35%. The number of units 60 days delinquent on their HOA dues was also reduced from 15% to 10%. Must have at …
Is your condo New Jersey FHA approved? Find out here
Why does it have to be FHA approved? Because FHA provides a government guarantee to banks who write loans to their guidelines, the banks are willing to offer loans to people who might not otherwise qualify for a conventional loan. ... If you are selling a condo, your condominium complex must be FHA-approved before a …
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NJ Community Associations Fact Book
2016 Community Association Fact Book New Jersey It’s been said that the growth of community associations (condominiums, planned communities and cooperatives) offers the greatest single extension of home ownership opportunities since the housing reforms of the New Deal and the provision of GI Bill benefits just after World War II. The Community Associations Institute estimates that …
Renting a Condo in New Jersey? You should read this
The ‘Truth in Renting’ Act was signed in 1976. Since then, DCA has produced this booklet as a reference guide to help you understand your rights as a renter, and the responsibilities and rights of landlords. This booklet outlines information about your lease, security deposit, discrimination, safety, health and many other issues related to your …
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New Jersey Condominium Act
May want to read this prior to purchasing a condominium in New Jersey 46:8B-8 Creation, establishment of condominium. 8. A condominium may be created and established by recording in the office of the county recording officer of the county wherein the land is located a master deed executed and acknowledged by all owners or the …