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Linwood Park
Co-op
Park Place, Fairview Ave,
Edwin Ave and Linwood Dr
Fort Lee, NJ 07024

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Each building has elevator and stairs
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Well Managed Community |

NJ Transit #159 & #756 |
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34.5
acres
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26 five-story all
brick buildings
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1170 Studio, 1 & 2
bedroom apartments
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Elevators
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Laundry rooms in
buildings
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Shareholder parking
/ garages
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Next
to Linwood Plaza shopping center
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NJ
Transit #159 to NYC, less than 2 minutes walking distance.
Or walking distance to GWB bus station, $1 bus cross GWB, then A
train at 175 St.
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20%
down payment, 3:1 ratio
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Heat,
Hot Water
includes
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"first come, first service" Parking at
$3/month per sticker
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No cat or dog
allows
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Not
for Investors - sorry.

Is
co-op suitable for you?
Do you have patience?
You
MUST provide the following documents for admission:
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Fully
executed contract of sale
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Copy
of Loan Commitment if financing
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Copies of last two years Federal & State Income Tax Returns with
W-2
or 1099 if self-employed:
a. Sole Proprietorship (include Schedule C)
b. Partnership (include 1065-K1)
c. Small Business Corp. (include 1020S-K1)
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Letter signed by employer certifying employment and salary
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Current and last three pay stubs
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Bank
verification letter
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Request
of investigation for credit check authorization
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nonrefundable
$350 processing fee payable to "1170 Apartment Corp" -
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Move
in deposit by certified check or bank check of $500, refundable, if no
damage during moving
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20%
down payment, 3:1 ratio
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Interview by Co-op board
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Approve
or reject by Co-op board
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Back to list |
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1BR
Co-op
For Sale
420 Farview Avenue
#3B
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Why
rent if you can own for about
$1055/month?
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selling price |
$109,900 |
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must have 20% down payment |
$21,980 |
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mortgage amount |
$87,920 |
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your monthly mortgage @ 6%
for 30yrs |
$528 |
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maintenance fee |
$527 |
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monthly
mortgage + maintenance fee |
$1055 |
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3:1
ratio { Income >= 3 x 12 x (mortgage+ maintenance fee)} |
$37,980 |
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Without any other debts such as car loan,
student loan, credit card debt,
you need to make approximate
$38,000/year
salary to be qualified by co-op board. |
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Confused? Don't worry, click here to do some math... |
If you pay all the cash,
without taking mortgage,
without any other debts, you only need to
make $527x12x3=$18,927/year
to be qualified by co-op board |
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Entrance |

Living Room |

Kitchen with Window |

Bath with Window |

Dining Area |

Bedroom |
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Why
rent if you can own for about
$1059/month?
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selling price |
$109,800 |
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must have 20% down payment |
$21,960 |
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mortgage amount |
$87,840 |
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your monthly mortgage @ 6%
for 30yrs |
$527 |
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maintenance fee |
$532 |
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monthly
mortgage + maintenance fee |
$1059 |
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3:1
ratio { Income >= 3 x 12 x (mortgage+ maintenance fee)} |
$38,125 |
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Without any other debts such as car loan,
student loan, credit card debt,
you need to make approximate
$38,000/year
salary to be qualified by co-op board. |
|
Confused? Don't worry, click here to do some math... |
If you pay all the cash,
without taking mortgage,
without any other debts, you only need to
make $532x12x3=$19,152/year
to be qualified by co-op board |
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1BR
For Sale
3041
Edwin Avenue
#3F
SOLD 11/2008
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3rd
floor "3F"
with Northwest Exposure |
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Approximate 600 Sq. Ft. |
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Living Room |
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Eat-in
Kitchen |
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1 Full Bathroom
with Window |
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Asking
$118,000 Under contract 9/2008 |
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Maintenance fee
$516.01/month
includes:
(Underlying Mortgage, real estate taxes, heat, hot/cold
water) |
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You
pay PSE&G electric, cooking gas and cable bills |
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Bulk rate cable month $50/month
extra |
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"1st
come,
1st service" Parking
at
$3/month
per sticker |
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Credit check, tax returns and board approval required
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No pets! |
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Not for Investors
- sorry.
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Why
rent if you can own for about
$1082/month?
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selling price |
$118,000 |
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must have 20% down payment |
$23,600 |
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mortgage amount |
$94,400 |
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your monthly mortgage @ 6%
for 30yrs |
$566 |
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maintenance fee |
$516 |
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monthly
mortgage + maintenance fee |
$1082 |
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3:1
ratio { Income >= 3 x 12 x (mortgage+ maintenance fee)} |
$39,000 |
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Without any other debts such as car loan,
student loan, credit card debt,
you need to make at least
$39,000/year
salary to be qualified by co-op board. |
|
Confused? Don't worry, click here to do some math... |
If you pay all the cash,
without taking mortgage,
without any other debts, you only need to
make $516x12x3=$18,576/year
to be qualified by co-op board |
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Living Room |

Hallway with Closet |

Updated Kitchen |

Eat-in Kitchen |

Bedroom |

Updated Bathroom |
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Kaili has been SOLD the following
apartments in Linwood Park. |
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Street Number |
Street Name |
Street Mode |
Unit Num |
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3001 |
EDWIN |
AVE |
3A |
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3011 |
EDWIN |
AVE |
5E |
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3030 |
EDWIN |
AVE |
4A |
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3030 |
EDWIN |
AVE |
2A |
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3030 |
EDWIN |
AVE |
2F |
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3031 |
EDWIN |
AVE |
1H |
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3041 |
EDWIN |
AVE |
3F Twice |
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3050 |
EDWIN |
AVE |
4D |
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3051 |
EDWIN |
AVE |
3B |
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3051 |
EDWIN |
AVE |
3B |
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3060 |
EDWIN |
AVE |
2D |
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3081 |
EDWIN |
AVE |
4E |
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3081 |
EDWIN |
AVE |
3J |
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3091 |
EDWIN |
AVE |
1H |
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3091 |
EDWIN |
AVE |
2E |
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400 |
FAIRVIEW |
AVE |
5D |
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410 |
FAIRVIEW |
AVE |
5H |
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420 |
FAIRVIEW |
AVE |
4D |
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420 |
FAIRVIEW |
AVE |
3F |
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500 |
LINWOOD |
DR |
4E |
|
500 |
LINWOOD |
DR |
4B |
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501 |
LINWOOD |
DR |
3J |
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501 |
LINWOOD |
DR |
5J |
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400 |
PARK |
PL |
5D |
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401 |
PARK |
PL |
5D |
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401 |
PARK |
PL |
5D |
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401 |
PARK |
PL |
3B |
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401 |
PARK |
PL |
3C |
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420 |
PARK |
PL |
4F |
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420 |
PARK |
PL |
5G |
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421 |
PARK |
PL |
1E |
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421 |
PARK |
PL |
2D |
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421 |
PARK |
PL |
5C |
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and Counting .... |
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