Hello Shavone,
Sorry for the very late reply. I just saw your question. Are you still interested in your original question topic from last summer? I'm not a real estate agent or broker, but, I have lived in Hudson County for most of my life.
To answer your original question: Yes, it is possible to find a nice, decent condo or co-op in a nice, decent area in North Bergen that is reasonably close to transportation to NY for under $100,000. But, these condos/co-ops will be those with one bedroom. Also, you'll need to check on things like the "pet policy" if you have any pets, and so on. Here are some links:
http://www.trulia.com/property/3069769805-8500-Boulevard-East-North-Bergen-NJ-07047
http://www.trulia.com/property/3057662189-8700-Boulevard-East-3H-North-Bergen-NJ-07047
http://www.trulia.com/property/3064699450-7111-Palisade-Ave-B2-North-Bergen-NJ-07047
http://www.trulia.com/property/1083933814-7100-Kennedy-Blvd-E-3P-West-New-York-NJ-07093
http://www.trulia.com/property/3015177852-7100-Kennedy-Blvd-E-Guttenberg-NJ-07093
http://www.trulia.com/property/3084128114-Condo-North-Bergen-NJ-07047
I don't have personal experience with real estate agents in this area but I have heard very good things about
http://www.trulia.com/voices/profile/Real_Estate_Pro-Edgewater_NJ-1202335/. She also has listings at http://www.realtorkaili.com/.
One piece of advice: Avoid any property on River Road or right on the Waterfront. Why? These properties often require extra expenses such as flood insurance, not to mention the need for you to purchase new furniture and personal home items if/when your property becomes flooded from the Hudson River.
Hope this helps! If it's too late for your original purposes, I hope it helps for your long-term goals for buying a property. Kindly let us know.
Sincerely,
Ms. JerseyGal... more
Could you please clarify your question.
Do you mean you would buy multi-family houses with 1 BR apartments in it and would like to rent them out?
If so, you can definitely rent. It is your building and you can appropriate it anyway you like in accordance with the zoning of the house.
Perhaps your question is about finding out the feasibility of getting tenants in? Mostly in Hudson county, as long as the rent price and conditions are right, you should not have a problem populating a rental.
I guess I am not sure what the question is.
Amos Elroy
CDPE (Certified Distressed Property Expert),
SFR (Short-Sale Specialist Certified)
Residential Real Estate Investment Consultant
Lic. Realtor Associate
EXIT On The Hudson Realty
(888) 462-6573 / (888) HOB-NJRE
FAX (888) 462-6573
Office 201-437-0411
http://www.HobNJRE.com
Twitter & Facebook: HobNJRE... more
With 18 recreational facilities and 280 acres of land, North Bergen has one of best park systems in the county. The township offers recreational sports for children of all ages, including football, cheerleading,
Read more
Hello, i actually live in the hudson harbor, its a very well managed building. the greatest thing about it to me is the rare 40 foot wrap around balconys from the 2 bedroom units, especially the E and H lines, which have views from the george washington bridge, all the way down to the verrazano. if you have any specific questions let me know. 201-868-6677.... more
Hello, there are currently 25 co-ops on the market in woodcliff gardens. the studio maintenance fees are around $450 a month, the one bedrooms are around $800, and the 2 bedrooms are between $1,000 and $1,200 a month. Keep in mind this includes heat, hot water, common area maintenance, and most importantly, TAXES! If you have any more detailed questions about this community or any other north bergen real estate feel free to give me a call. 201-281-3855. Thanks.... more
Please visit my OPEN HOUSE - TODAY May 1st from 1-4 PM7400 River Rd, North Bergen, NJ 07047 - The Views At Hudson PointePlease click here for more info & detailes - http://bit.ly/lArCupBest Regards,ILJA
Read more
Aniley,
Look into a temporary CO which will allow you to close on the property and will also allow you a certain amount of time to fix the property and then the town will reinspect and if everything is done up to code, permits paid, etc., they will issue you the Certificate of Occupancy.
Good luck,
Gina Chirico, Sales Associate
Lattimer Realty
973-715-1158 cell
973-575-6353 ext 17 office... more
Panoramic view of The Hudson River and Manhattan Skyline from The Parker Imperialย penthouse apartmentย in North Bergen, NJLocation: 7855 Boulevard East, North Bergen, NJ 07047Thisย 2-bed. 2-bath.ย condo
Read more
Since no link is visible and no address given you may wish to ask your question again--or any local agent(s) can help you--contact any realty office(s) and inquire about the property.
Hi Richard, great question. Maintaince fees are not determined by area rather by what's included in the fees. Usually with fees that high there are usually amenities included such as doorman, pool, parking, etc. In a 20 unit building
you might not have those but have heat, hot water and maybe even cable or electric are included. The avg in the area for heat and hot water included is usually $275-$350. With other amenities can jump to $500 and up based on sq. ft. Point of reference would be Woodcliff Gardens which is a co-op, their fees range from $800-$900, which include taxes as well as the items above. To answer your question about resell, you can expect increases if 3-5% yearly so by the time you resell they will be higher than they are now. Most importantly make sure your lawyer requests the building financials to be sure the money us being spent wisely. Hope that was helpful, feel free to contact me at 201-519-2348 or email Thomas.spiess24@gmail.com with any further questions. Also regarding your other question about can you buy a home with 0% down it would need to be a VA loan which with a condo can be challenging. Good luck with your purchase.... more
Hi Temple98,
Great question and its one a I hear several times a week. Click on the following link https://entp.hud.gov/idapp/html/condlook.cfm and write in state and town. There are not many on the list and answers vary on how to get on the list.
There is also a seperate list for Fannie Mae approved buildings https://www.efanniemae.com/sf/refmaterials/approvedprojects/index.jsp?from=hp
and just because a building is approved by one does not necessarliy it is approved by the other.
The answer I hear most commonly is the building must apply for it and it costs about $800 and can take 2-4 to be approved and then must get re-certified every 24 months. Hope that is helpful... more
Mariel if you are a first time home buyer there will be some additional options for you such as the HMFA Smart Start, Tax Prefund program, and some other programs depending on the specific city you decide on. I bring these up because they may help you come up with additional money for down payment and/or closing costs.
You can check out my blog for some more information (link below) or contact me directly.... more
Hello Shalini,
I am a Mortgae Banker from Elizabeth and have worked many short sales with my wife. If your comprables are accurate and your offer makes sense they will accept. The other issue is how far or stage the short sale is at. You need to be pre-approved, show proof of funds and transaction can move much faster.
Short sales must be called in at least two times a week. If the Short Sale person is laid back and not aggressive be ready to be waiting a while my friend. My best approach is to always call the Bank myself get a hold of the assest manager and deal with it that way.
When the BPO agent comes to the property is when either I try to meet them there or the Realtor must write a report to the bank with the comps to list if there are any defects to the property. This way the price can be reduced a bit more. A demographics report must be made as well to descirbe postives and negatives of where the property resides.
All your paper work must be in order and up to date. If 60 days goes by and you are not moving along with the short the bank will request updated paperwork. Keep on top of your Realotr many are just not qualified and experienced enough when it comes to the Short Sale Proceedings.
Again Bank will move much faster when you are in placed with financing. If you have any further questions send me an email. erodriguez@precisionfundingllc.com or erod1313@comcast.net... more