Renovated 1 Bedroom Co-Op Charmer
Move right into this renovated one bedroom co-op “charmer” in a prime Summit location, just blocks from downtown shopping and Midtown Direct train to New York City. No need for a car!! Think of this as Manhattan living in Summit in a gracious, all-brick English Tudor building. Bright and light 3 room, 2nd floor co-op with renovated Kitchen. Highlights include 9 ft. ceilings, handsome wood floors throughout and new thermal windows. Parking on premises on first come/first served basis.
For a co-operative apartment, there is a stock certificate representing the number of shares that as a buyer you receive at closing and a proprietary lease signifying the kind of ownership. Tax deductions are similar to fee simple or condominium ownership.
- 9ft ceilings
- Wood floors
- New thermal windows - Fall 2014
- Three blocks to downtown shopping
- Four blocks to train & bus service
- 15 minutes to Newark Liberty International Airport
Monthly maintenance of $881 covers:
- Municipal taxes—tax deductible
- Owner’s portion of interest on the building’s mortgage—tax deductible
- Heat
- Water and hot water
- Maintenance inside and out
- Upkeep of halls, common grounds and large rear garden
- Snow removal
- Garbage/Recycling collection
- Super on premises—24/7
- Includes 15% monthly to capital fund
