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Monday, August 15, 2011

New Jersey Properties

If you are planning to move to New Jersey and looking for a new home, consider checking the properties listed in Of course owning a traditional home in a traditional neighborhood does have its advantages. The price per square foot of a condo in New Jersey will be much less than the cost of a similar size if you are looking for a home. Your monthly mortgage payments will generally less than you would pay on a traditional home.If you own a condo, you will not have to worry about roof repair, mowing your lawn, painting, or maintaining your exterior of the building. The amenities that come with a condo are far more than with a traditional home. A swimming pool is pretty standard but there are other amenities such as a weight room, racquetball courts, gas grills, and club houses not to mention exercise rooms that are included with your condo.

The disadvantage of having a condo is that, you will not be able to remodel the exterior of your home. But, if you buy a single family home, you may landscape your yard, paint the exterior of your house in the color of your choice and are not limited to making improvements on your lot. There are many traditional homes located in the suburbs but also, many condos are located much closer to the city hub which saves you time and puts you in the middle of all the action. In the state of New Jersey, condominium ownership also has a significant tax deduction similar to a traditional homeowner. If you later decide to become a traditional homeowner, your condo could prove to be a source of rental income.

There are pros and cons to condo ownership versus traditional home ownership but remember, there will be a condo fee to cover the amenities and the upkeep of the common areas and you will not have this with your single-family dwelling. So before moving to New Jersey, check with your realtor or visit the Website which I mentioned above.

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