Madison Commons Condos Red Bank New Jersey

Madison Commons Condos Red Bank has a total of about  40 one – two bedroom garden apartment  condominiums built in the early 1950’s. The 1 bedroom apartments  range about 550 sq. ft. + – the 2 brs range about 850 sq. ft. on average. Some of the units include a deed garage. It is located close to Red Bank. FYI…The maintenance fee INCLUDES HEAT AND HOT WATER!

Financials on Madison Commons Condos Red Bank

• Approximate Price: $275,000 + –
• Estimated Taxes: Unknown
• Avg Maint: Unknown

• BEFORE YOU BUY A CONDO be sure to 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 typically pay for? (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.

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