Contact Realtor Kaili | Cell: (201) 585-1234 | WeChat ID: Kaili2105

       

 

      1BR/1FBT Unit 3D For Sale

  • Bright Northern Exposure
  • 765 SF +  Large Terrace
  • Door to Terrace
  • Maintenance Fee $714.51/month
    (including Heat/Hot Water, Cooking Gas, Real Estate Taxes, 1 Parking.
  • Assessment fee $71.45/month
  • Pets Friendly Building
  • Asking Price $143,000      

 

Why rent if you can own for about $1300/month?

 selling price$143,000
 must have 25% down payment     $35,750
 mortgage amount
$107,250
 your monthly mortgage @ 4% for 30yrs $510
 monthly maintenance fee + assessment fee    $786
 Total (Mortgage + HOA)$1296


For 3:1 Ratio 3x12x1296 = $46,656

Without any other debts such as other house mortgage, car loan, student loan, credit card debt, you need to make approximate $47,000/year salary to be qualified by co-op board.

Without mortgage paying all cash, you only need to make approximate $786x12x3=$29,000/year to be qualified by co-op board, of course, without ANY other debts.

 

***IT'S CO-OP, NOT FOR INVESTOR!!***

GREAT LOCATION NEXT TO COYTESVILLE PARK, CONVENIENT FOR NYC COMMUTER WITH MINUTES WALKING DISTANCE TO NYC BUSES. APPROXIMATE 675SF 1BR/1FBTH UNIT WITH TERRACE.  COZY MEDIUM SIZE AND RARELY AVAILABLE PETS FRIENDLY BUILDING...WOOF WOOF... TOTAL MONTHLY FEE OF $786 (INCLUDING REAL ESTATE TAXES, ONE OUTDOOR PARKING, HEAT, HOT WATER, COOKING GAS AND ROOF TOP POOL), YOU PAY ELECTRIC ONLY. 


PREPARE YOUR OFFER WITH:
(1) COMPLETE CREDIT REPORT WITH CREDIT SCORE;
(2) LAST 2 YRS TAX RETURNS
(3) MOST RECENT PAY STUBS. *** NOT FOR INVESTOR ***

Imperial House Co-op, Fort Lee, NJ 07024

  • 8 floors, 54 units
  • Studio, 1BR, 2BR
  • Roof top swimming pool
  • Pets friendly building
  • Every Unit has large terrace
  • Buses to NYC stop at Lemoine/Myrtle Avenue Corner
  • After Living for 3 years, you may rent with approval

"Imperial House" is next to Coytesville Park with

  • Play ground
  • Tennis court
  • Basketball court
    ......