Montgomery Village Condos Paterson New Jersey
Montgomery Village Condos Paterson New Jersey
A typical unit at Montgomery Village Condos in Paterson was once described like 
this… “Old World charm with all the modern amenities. This building was originally a old silk mill converted into a 26 unit condo complex. Building features community room, exercise room and storage. Each unit is equipped with washer/dryer, microwave, dishwasher, stove and central air conditioning. Building is lead free and handicapped accessible. This building has a security system, intercom, parking and storage for each unit.”
Notes: Very small community of only about 25 units to the best of our knowledge?
Financials on Montgomery Village Condos
- Average Price: $170,000 – $200,000
- Estimated Taxes: $4,000 – $8,500
- Est. Monthly Maint: $200 + –
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- BEFORE YOU BUY A CONDO…find some 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.
973-256-0303 – We DO NOT MANAGE this community
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