This residential property located at 3 Horizon Rd #618 in Fort Lee, NJ, presents a unique opportunity. The unit features one bedroom and one full bathroom. The living space has been thoughtfully expanded by incorporating a permanent terrace into both the living room and bedroom areas, creating additional interior space. The property offers a desirable million-dollar view, enhancing its appeal.
Inside, the residence boasts an updated kitchen and a recently updated full bathroom with a new vanity. New flooring has been installed throughout, which is not reflected in current photographs. Ample storage is provided through generous closet space and built-in features. The unit is equipped with central air conditioning and a zoned electric heating system.
Residents of this cooperative property have access to a comprehensive suite of building amenities. These include a fitness room, on-site laundry facilities, and access to two swimming pools, one of which has a kiddy pool, and the other features a hot tub. Additionally, there are tennis and pickleball courts available, along with the use of six building fitness rooms. The property is situated on 30 acres and includes walking paths, a BBQ area, children's playgrounds, and benches for enjoying the views.
The building provides full-time on-site management, a 24/7 doorperson, and 24/7 security. Ownership includes a garage parking space. The monthly maintenance fee of $1,413 covers property taxes, an underlying mortgage (both tax-deductible), utilities, water, cable TV/internet, parking, and amenities. Additional fees include a capital assessment of $237.50, garage parking of $105.60, Spectrum cable TV/internet at $71.54, and an amenity fee of $20, bringing the total monthly maintenance to $1,412.57. The cooperative requires a 25% down payment and a 4:1 debt-to-income ratio. Board approval is necessary, and cash buyers with no debt should have an approximate gross income of $67,800 per year.
Weichert Realtors, Tenafly-Cresskill
201-370-6407
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