THINKING OF BUYING A CO-OP?
- CURRENT LISTINGS
(includes units under contract and recently sold)
- 2016 MAINTENANCE FEE OVERVIEW
- SAMPLE APARTMENT LAYOUTS
LEARN about the benefits and differences of a owning a co-op versus a condo or private home:
- BUYING INTO A HOUSING COOPERATIVE
- The New Jersey Cooperator
- National Association of Housing Cooperatives
- Preview the ADMISSIONS APPLICATION PACKAGE. NOTE: this copy is for INFORMATIONAL PURPOSES ONLY.
- To request an official admissions package, printed or electronic, contact: Leana Von Fischer, administrative assistant, Community Management: 973-820-4184.
FREQUENTLY ASKED QUESTIONS:
- What is the share price?
Share prices of recent Rockcliffe sales may be found on the bottom of the CURRENT LISTINGS page.
- Where can I obtain share loan financing?
Please check with your realtor. Ask up front if the bank or mortgage company you approach approves mortgages for co-op share loan financing.
- How much are the monthly carrying charges?
For 2015 approximately $2.84/share per month includes real estate tax, heat, gas, water, sewer, security,servicing of underlying mortgage, reserve contribution, common area and exterior maintenance. The tax and mortgage interest components (approx. 37% in 2015) are tax-deductible.
- How much is the underlying mortgage?
- What is your pet policy?
Cats are allowed; no dogs other than medically approved companion dogs with certain restrictions. See: Policy for Therapeutic or Medical Use Dogs
- What is your sublet policy?
Subletting is allowed with restrictions.
- What is the policy for making alterations to my unit?
The policies for cosmetic alternations and renovation are included in the ADMISSIONS PACKAGE
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