linwood park
 

Linwood Park
Co-op



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

 

 


 


Each building has elevator and stairs
park-like location
Well Managed Community
Bus #159 runs to NYC
NJ Transit #159 & #756
  • 34.5 acres    

  • 26 five-story all brick buildings

  • 1170 Studio, 1 & 2 bedroom apartments

  • Elevators

  • Laundry rooms in buildings

  • Shareholder parking / garages

  • Next to Linwood Plaza shopping center

  • 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.

  • 20% down payment, 3:1 ratio

  • Heat, Hot Water includes

  • "first come, first service" Parking at $3/month per sticker

  • No cat or dog allows

  • Not for Investors - sorry.
    linwood park loction

          Is co-op suitable for you? Do you have patience?
          You MUST provide the following documents for admission:
    • Fully executed contract of sale 

    • Copy of Loan Commitment if financing

    • 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)

    • Letter signed by employer certifying employment and salary

    • Current and last three pay stubs

    • Bank verification letter

    • Request of investigation for credit check authorization

    • nonrefundable $350 processing fee payable to "1170 Apartment Corp" - 

    • Move in deposit by certified check or bank check of $500, 
      refundable, if no damage during moving

    • 20% down payment, 3:1 ratio

    • Interview by Co-op board

    • Approve or reject by Co-op board



Back to list

1BR Co-op For Sale
420
Farview
Avenue
#3B

 

1BR For Sale
420 Fairview Ave #3B

3rd floor "3B" with Southern Exposure
Approximate 640 Sq. Ft.
1 Full Bathroom with Window
Asking $109,900
Maintenance fee $526.53/month includes:
(Underlying Mortgage, real  estate taxes, heat, hot/cold water)
You pay PSE&G electric, cooking gas and cable bills
Bulk rate cable month $50/month extra
"1st come, 1st service" Parking at $3/month per sticker
Credit check, tax returns and board approval required
No pets!
Not for Investors - Sorry.

Why rent if you can own for about $1055/month? 

selling price $109,900
must have 20% down payment $21,980
mortgage amount $87,920
your monthly mortgage @ 6% for 30yrs $528
maintenance fee $527
monthly mortgage + maintenance fee $1055
3:1 ratio  { Income >= 3 x 12 x (mortgage+ maintenance fee)} $37,980

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 $527x12x3=$18,927/year
to be qualified by co-op board 

Entrance

Living Room

Kitchen with Window

Bath with Window

Dining Area

Bedroom
 

1BR For Sale
3031 Edwin Ave #4B

3rd floor "3B" with Southern Exposure
Approximate 640 Sq. Ft.
1 Full Bathroom with Window
Asking $109,800
Maintenance fee $531.81/month includes:
(Underlying Mortgage, real  estate taxes, heat, hot/cold water)
You pay PSE&G electric, cooking gas and cable bills
Bulk rate cable month $50/month extra
"1st come, 1st service" Parking at $3/month per sticker
Credit check, tax returns and board approval required
No pets!
Not for Investors - Sorry.

Why rent if you can own for about $1059/month? 

selling price $109,800
must have 20% down payment $21,960
mortgage amount $87,840
your monthly mortgage @ 6% for 30yrs $527
maintenance fee $532
monthly mortgage + maintenance fee $1059
3:1 ratio  { Income >= 3 x 12 x (mortgage+ maintenance fee)} $38,125

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 


1BR For Sale
3041
Edwin Avenue #3F

SOLD 11/2008

3rd floor "3F" with Northwest Exposure
Approximate 600 Sq. Ft.
Living Room
Eat-in Kitchen
1 Full Bathroom with Window
Asking $118,000 Under contract 9/2008
Maintenance fee $516.01/month includes:
(Underlying Mortgage, real  estate taxes, heat, hot/cold water)
You pay PSE&G electric, cooking gas and cable bills
Bulk rate cable month $50/month extra
"1st come, 1st service" Parking at $3/month per sticker
Credit check, tax returns and board approval required
No pets!
Not for Investors - sorry.

           Why rent if you can own for about $1082/month? 

selling price $118,000
must have 20% down payment $23,600
mortgage amount $94,400
your monthly mortgage @ 6% for 30yrs $566
maintenance fee $516
monthly mortgage + maintenance fee $1082
3:1 ratio  { Income >= 3 x 12 x (mortgage+ maintenance fee)} $39,000

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 

Living Room

Hallway with Closet

Updated Kitchen

Eat-in Kitchen

Bedroom

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