Condo Community Factors

Central NJ Condo Living

The name condominium is the Latin word for shared ownership or community control.  It also is a legal term meaning, owning only the inside of the exterior walls. A townhouse can also be a condominium, which depending on its architectural design.

Townhouses are structures and condominiums are ownership. Most people do not understand this.

Condominiums are a part of a bigger company or property, such as a high rise. Surrounding one another, so there can be neighbors upstairs and downstairs’, as well as being on each side. Condominium owners own the airtime in their units.

The condo association sets a comprehensive set of rules governing what can be done to your home and what cannot. They can prohibit any enhancements, having pets, and leasing.

The positive side of these rules is that other condo owners have to keep consistently modernized, and in perfect order. If there in an issue with a neighbor, lodging a complaint can be easily done, for they have an obligation to obey the condo rules.

The primary attraction of this ownership is the ability to obtain affordable housing in highly desirable Metro-Trendy areas that typically is beyond economical reach.

When purchasing a condominium, owners appear to be in the Planned Unit Development, known as P.U.D., which shares in the responsibility and costs title. Each unit owner shares the costs in monthly association fees. The Condominium Association regulates the fees needed to run the affairs of the community.

These are just the basic factors of owning a Condominium.

Here is a list of the Condo Communities in the most desirable neighborhoods of Central NJ: 
In Bridgewater, NJ
Stratford Place
The Fairways
Vanderhaven Farms
Finderne Heights
Bridle Club
Click to see all Bridgewater Condos for sale

In Bedminster, NJ AKA “The Hills”

Birchwood 

Crestmont Highlands 

Edgewood 

Four Oaks

Wynnewood 

Click to see all Bedminster Condos

In Basking Ridge/Bernardsville, NJ
Society Hill at Bernards
Spring Ridge
The Cedars
Click to see all Basking Ridge and Bernardsville Condos