Warren Damiano Premier Properties-Damiano Group

Contact me for more information on this property. I will be in touch for a no pressure consultation or call me now at: 973-256-0303 x 204

$185,000 (+ - )

4.27/5 (40) Arbor Hills Condos Nutley New Jersey

Arbor Hills Condos Nutley New Jersey

Arbor Hills condos Nutley is actually a COOP. It is located in Nutley and Belleville NJ is just 20 minutes from New York City and 15 minutes from Newark Airport. They offer 1 & 2 bedroom residencies. Arbor Hills is a gated community complete with 2 swimming pools, an Exercise room, laundry rooms, and clubhouse. With low taxes and maintenance, this is an extraordinary opportunity to be a part of this wonderful community!

Last we heard in order to buy in Arbor Hills..Co-Op Req: Annual income of 48K and $350 non-ref. app fee for board approval. $50 for Mortgage Questionnaire. BOA financing – 20% down/680 FICO or for first time home buyers only 10% down/660 FICO.

Financials on Arbor Hills Condos Nutley

Avg. Price: $195,000 +
Approximate taxes: $3,500+ –
Monthly Maintenance Estimate: $460 + –

BEFORE YOU BUY A CONDO…..find important things you should know
Find the last known management company.
See whether this community is FHA approved for financing

The Maintenance Fee, what does it pay for? Typically in most communities the maintenance fee covers: (Each complex is different as far as what is covered, but this is a general guide)

Exterior maintenance, amenities, pool, guardhouse, gym, doorman etc.
Snow removal & ground care
Interior common area cleaning and maintenance
Insurance of building, management fee.
Capital improvement fund for roof, driveways walkway replacement.

In an older garden apartment type and high rise building community the maintenance may sometimes cover the heat and hot water.

Disclaimer: Estimated Maintenance & Taxes both change yearly in each complex and it would be remiss on our part to put an exact number since it may change at anytime. PLEASE VERIFY with our Community Specialist.