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I've seen houses/condos in Jersey City for a little over 300K. There is a website: nj realestate (.com) has some.
Note: I am not a realtor. I am not in real estate in anyway, just wanted to share some info is all.
These are tiny railroad style walk up apartments in former tenement buildings. Realtors are marketing them to the transplanted hipsters in Manhattan where it is such a 'great deal' compared to $3,000 a month rent for a one bedroom walk up apartment on the Upper East Side and where this 750 square foot 'condo' can be marketed as 'huge & loftlike'
These are tiny railroad style walk up apartments in former tenement buildings. Realtors are marketing them to the transplanted hipsters in Manhattan where it is such a 'great deal' compared to $3,000 a month rent for a one bedroom walk up apartment on the Upper East Side and where this 750 square foot 'condo' can be marketed as 'huge & loftlike'
The condos may be small, but the houses aren't. However the neighborhood is probably an "up and coming neighborhood."
Further, not all NY'ers believe a 750sq ft condo is "huge and loftlike." Especially a NY'er coming from boroughs outside of Manhattan where the apartments tend to be quite large.
I would consider a condo in a "nicer" area then the two you mentioned. I wouldn't walk the streets after dark nor send my kids to any of those schools mentioned.
I am a builder in Union and Somerset county and reside in Westfield, so I am familiar with the area. [mod]No Advertising[/mod] Check out Summit or Westfield, both great towns with great public transportation.
Last edited by xxman777; 10-01-2006 at 02:00 PM..
Reason: No Advertising Please
The condos may be small, but the houses aren't. However the neighborhood is probably an "up and coming neighborhood."
Further, not all NY'ers believe a 750sq ft condo is "huge and loftlike." Especially a NY'er coming from boroughs outside of Manhattan where the apartments tend to be quite large.
Uh no... The apartments outside Manhattan are not 'Quite Large' unless you are a real estate agent. In that case everything over 600 square feet is 'Huge & Loftlike'. Any apartment over 900 square feet is considered 'enourmous'.
...could someone please recommend a good area, preferably not far from NYC & Staten Island (since both of us work there). My husband & I are from Queens, NY...we are not familiar with NJ and the good areas...Our price range is upto $300,000....I've heard Plainfield is a good area and also Roselle...is this decent? Please help! Thanks alot!
I would recommend Union, is a nice town, and by the way i'm selling my Union house because i'm going back to my country
Uh no... The apartments outside Manhattan are not 'Quite Large' unless you are a real estate agent. In that case everything over 600 square feet is 'Huge & Loftlike'. Any apartment over 900 square feet is considered 'enourmous'.
Frankly, the realtor bashing comments are getting tiresome. Not all of us are blowing smoke up the client's butts! I'm very quick to point out the many bad points any given property has rather than lose my credibility & gloss over the facts, and there are many others like me!
We're not all crooks looking to scam the public! UGH!
Frankly, the realtor bashing comments are getting tiresome. Not all of us are blowing smoke up the client's butts! I'm very quick to point out the many bad points any given property has rather than lose my credibility & gloss over the facts, and there are many others like me!
We're not all crooks looking to scam the public! UGH!
So defensive right?? Maybe lose your sense of arrogance and understand that any smart person or someone who grew up in this area can see right thru your spin. You are as respected as the average used car dealer in Queens who will only honor the advertised price if the customer finances thru the dealer.
Explain again why you think you deserve 6% of a sale or 15% of the annual rent paid by the renter when you represent the landlord or property manager.
So defensive right?? Maybe lose your sense of arrogance and understand that any smart person or someone who grew up in this area can see right thru your spin. You are as respected as the average used car dealer in Queens who will only honor the advertised price if the customer finances thru the dealer.
Explain again why you think you deserve 6% of a sale or 15% of the annual rent paid by the renter when you represent the landlord or property manager.
Ay, yi, yi…
The only comment worth addressing out of that little hissy fit of a post is …
IN NJ, COMMISSION IS COMPLETELY NEGOTIABLE BETWEEN HOMEOWNER AND THE REALTOR, AT A RATE THE HOMEOWNER AND REALTOR DEEM APPROPRIATE.
FURTHERMORE, IN THE CASE OF A RENTAL, THE REALTOR DOES NOT EARN 15% OF THE ANNUAL RENT PAID BY THE TENANT.
COMMISSION ON A RENTAL IS HALF OF ONE MONTH’S RENT, UNLESS THE LANDLORD'S AGENT BRINGS THE TENANT. HERE’S THE MATH IN CASE YOU’RE CONFUSED.
Monthly Rent = 1500.00
Tenant Pays Commission = 1500.00
Landlord’s Agent & Tenant’s Agent Split the Commission = $750.00
MINUS Agent’s Broker’s SPLIT of approx. 40% ($300)
FINAL COMMISSION = $450.00
$450 for researching available apartments, and days (if not weeks) of driving the tenant around on your gas tank while showing apartments.
15% OF THE ANNUAL RENTAL FEE????? LMAO…thanks for the laugh!
Your tirade was especially entertaining. Now run along little boy, before you hurt yourself.
The only comment worth addressing out of that little hissy fit of a post is …
IN NJ, COMMISSION IS COMPLETELY NEGOTIABLE BETWEEN HOMEOWNER AND THE REALTOR, AT A RATE THE HOMEOWNER AND REALTOR DEEM APPROPRIATE.
FURTHERMORE, IN THE CASE OF A RENTAL, THE REALTOR DOES NOT EARN 15% OF THE ANNUAL RENT PAID BY THE TENANT.
COMMISSION ON A RENTAL IS HALF OF ONE MONTH’S RENT, UNLESS THE LANDLORD'S AGENT BRINGS THE TENANT. HERE’S THE MATH IN CASE YOU’RE CONFUSED.
Monthly Rent = 1500.00
Tenant Pays Commission = 1500.00
Landlord’s Agent & Tenant’s Agent Split the Commission = $750.00
MINUS Agent’s Broker’s SPLIT of approx. 40% ($300)
FINAL COMMISSION = $450.00
$450 for researching available apartments, and days (if not weeks) of driving the tenant around on your gas tank while showing apartments.
15% OF THE ANNUAL RENTAL FEE????? LMAO…thanks for the laugh!
Your tirade was especially entertaining. Now run along little boy, before you hurt yourself.
That isn't the way it is in North Jersey or specifically Bergen or Hudson counties. Most apartments rent for close to or over $2,000 a month with the broker taking 15% of the annual rent from the prospective tenant. And usually you see one or two apartments not many. And every apartment I have seen I have paid my own tolls & gas to and from back to NYC...
Maybe it is different when you are in Southwest Jersey or away from the NYC metro area part of NJ.
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That is a tough order to fill...
