Tower West West New York New Jersey
Tower West Condos West New York New Jersey
- Price Range: $400,000 + –
- Avg Taxes: $ 8,700 + –
- Monthly Maintenance Fee: $1150 – +
Prices and maintenance fees vary greatly within this building, we have posted a general estimate of unit pricing and fees. Please verify with our Community Specialist. In cooperatives the taxes are usually included in the monthly maintenance fee
The Good, Bad and Ugly About High Rise Living
Storage: You need a lot of storage? Keep in mind that space is at a premium in high-rise condos Be sure to ask about this when looking.
Noise: A condo tower is a community, and therefore it has rules which govern the community. One of those strictest rules is typically noise control. Most condo buildings have a “quiet period” from mid-evening to early morning during which residents must keep the noise down.
HOA Dues: The HOA fees are paid monthly to the association to cover the maintenanece, insurance and repairs for the building. These fees will vary greatly depending on factors such as the age of the building, the number of residents to share the costs, what’s included in the charge (some buildings include electricity), and the luxury amenities offered. A portion is also put aside for the reserve fund which is used for capital improvements ie: roof, driveway etc.
Lease Units: There may be restrictions around leasing out your unit. Some buildings forbid lease units, some limit them. Check the rules and regulations before deciding to buy.
Amenities: Benefits of high-rise living is use of the buildings common amenities. Pools, gyms, rooftop views, clubs to only mention a few. Of course the more extravagant amenities higher the HOA fees will usually be.
Parking: Most condos will come with one assigned parking in a common garage. The number of spaces has a great impact on the value of the condo
Reserve Funds: It’s important to find out what’s going on with the building association. Have there been any special assessments lately? Is the association’s reserve fund adequate? See of you can obtain a copy of the last several board meetings they discuss these items at each meeting.
Our Community Specialist can help with all these items so please contact them for availability, questions and a tour of this building.
Disclaimer: Maintenance fees change yearly in each complex and it would be remiss on our part to put an exact number since it may change at anytime so we have placed an average figures of similar complexes. Taxes can vary in any complex, some complexes have 500 sq. ft. studio and also have three bedroom 2,000 sq. ft. units. PLEASE VERIFY with our Community Specialist, they can give you the exact taxes and maintenance fees on any particular unit.