3061 Edwin Ave Unit 1J, Fort Lee, NJ 07024

This studio unit is available for sale within the well-regarded Linwood Park Co-Op Complex, located at 3061 Edwin Ave Unit 1J in Fort Lee, New Jersey. The residence offers an open layout complemented by attractive hardwood floors, providing a bright and spacious living environment. Ample closet space is integrated throughout the unit, enhancing its functionality. The property includes one full bathroom.

The location of this co-op provides significant convenience, with New York City transportation options readily accessible directly from the doorstep. Residents are also situated just a few blocks from the Linwood Plaza shopping mall, which hosts a variety of essential services and retail establishments, including H-Mart, various restaurants, CVS, UPS, FedEx, and medical offices. This proximity ensures that daily errands and shopping needs are easily met.

Financial aspects of ownership include a low monthly maintenance fee of $391, which encompasses taxes, heat, water, hot water, common area charges, and cable service. Additional parking is available for residents at a rate of $17 per month per car. Prospective buyers should note a $350 non-refundable application fee and a $500 refundable move-in fee deposit. The building also permits pet ownership.

Ownership is subject to board approval, requiring a comprehensive application process. This includes submission of two years of tax returns, three months of paystubs, an employment verification letter, a credit report, and adherence to a 3:1 income-to-debt ratio. For investors, this building is investor-friendly, allowing owners to rent out their units after completing two years of ownership, offering a potential for rental income.

The unit features steam heating and window unit air conditioning for climate control. Appliances included are a dishwasher, range, oven, and refrigerator. Laundry facilities are available in the common area basement. The building itself is equipped with an elevator for resident convenience.